Dongtan, ChinaDongtan, China
Will be the world’s first eco cityWill be the world’s first eco city Produce energy from wind, solar, bio-Produce energy from wind, solar, bio-
fuel and recycled city waste.fuel and recycled city waste. Vehicles will run on hydrogen fuel Vehicles will run on hydrogen fuel
cells.cells. Third largest island in ChinaThird largest island in China
Interesting facts about ChinaInteresting facts about China
Country with Country with largest population largest population in the world in the world (19.84% or (19.84% or 1,330,044,605 )1,330,044,605 )
World's fourth World's fourth largest country largest country (after Russia, (after Russia, Canada, and US)Canada, and US)
EconomyEconomy
GDP - 7.043 trillionGDP - 7.043 trillion PPP – 5,300PPP – 5,300 Household income Household income
1.6%1.6% Inflation rate – 4.7%Inflation rate – 4.7% Current account Current account
balance – 363.3 balance – 363.3 billion billion
Economy freedomEconomy freedom
China's economy is 52.8 percent free China's economy is 52.8 percent free Ranked 23rd out of 30 countries in Ranked 23rd out of 30 countries in
the Asia–Pacific region the Asia–Pacific region Freedom from Government - 89.7% Freedom from Government - 89.7% Trade Freedom - 70.2% Trade Freedom - 70.2% Fiscal Freedom - 66.4% Fiscal Freedom - 66.4% Monetary Freedom - 76.5% Monetary Freedom - 76.5% Labor Freedom - 62.4% Labor Freedom - 62.4%
Environment Equipment Environment Equipment Industry analysisIndustry analysis
Environmental issues in ChinaEnvironmental issues in China
Air pollution Air pollution Water pollutionWater pollution Deforestation Deforestation
Environment Equipment Environment Equipment Industry analysisIndustry analysis
Environment Equipment – new, Environment Equipment – new, developing market developing market
High demand for Environment High demand for Environment EquipmentEquipment
Unsaturated marketUnsaturated market
Environment Equipment Environment Equipment CompetitionCompetition
Market shareMarket share Main competitorsMain competitors
Beijing Zhifeng Environment Beijing Zhifeng Environment Protection Equipment Protection Equipment
Wuxi TIANKANG Environment Wuxi TIANKANG Environment Protection EquipmentProtection Equipment
XIANGHE HANGYU Environment XIANGHE HANGYU Environment Protection Equipment Protection Equipment
Business DifferencesBusiness Differences
Formal introductionsFormal introductions Written documents are flexibleWritten documents are flexible Take time to make decisions Take time to make decisions Importance of business cards and Importance of business cards and
giftsgifts Drinking is considered social Drinking is considered social
lubricantlubricant
Business CultureBusiness Culture
Accepting of inequality of wealth and Accepting of inequality of wealth and powerpower
Less individualisticLess individualistic Loyalty is strongly valuedLoyalty is strongly valued Do not like saying no or losing faceDo not like saying no or losing face
Business EtiquetteBusiness Etiquette
Direct praise is considered poor Direct praise is considered poor etiquetteetiquette
Close talkersClose talkers PolychromicPolychromic Do not liked to be touchedDo not liked to be touched Take facial expressions into accountTake facial expressions into account
LanguageLanguage Official language is standard MandarinOfficial language is standard Mandarin
Shanghai region speaks Shanghainese, a Shanghai region speaks Shanghainese, a dialect of Mandarindialect of Mandarin
Older citizens who went to college are fluent Older citizens who went to college are fluent in Englishin English
Young generation is more fluent since Young generation is more fluent since China’s revolution as they now start China’s revolution as they now start mandatory English classes in first grade.mandatory English classes in first grade.
Useful PhrasesUseful Phrases
Taboo GesturesTaboo Gestures
Pointing the index finger--use the Pointing the index finger--use the open hand instead. open hand instead.
Finger snapping Finger snapping Showing the soles of shoes. Showing the soles of shoes. Whistling is considered rude. Whistling is considered rude.
CuisineCuisine Shanghai region Shanghai region
features China’s most features China’s most modern cuisinemodern cuisine
Servings quite small, as Servings quite small, as people eat delicate people eat delicate portionsportions
Fish, eel, crab, & chicken are Fish, eel, crab, & chicken are served raw, cooked, or served raw, cooked, or steamed with spirits.steamed with spirits.
Yotiao-Yotiao- deep friend dough deep friend dough wrapped in a thick pancake, wrapped in a thick pancake, drank with soy milk is a drank with soy milk is a typical breakfasttypical breakfast
Eating Etiquette Eating Etiquette
A clean plate indicates you are still A clean plate indicates you are still hungry and it is the host’s responsibility hungry and it is the host’s responsibility to see you are continually served.to see you are continually served.
Chopsticks should never be placed in Chopsticks should never be placed in rice standing up. This symbolizes death.rice standing up. This symbolizes death.
Do not pour your own drink. It shows Do not pour your own drink. It shows lack of protocol.lack of protocol.
Participating in dining and after-dinner Participating in dining and after-dinner entertainment is important.entertainment is important.
ClothingClothing Chinese believe Chinese believe
black clothing black clothing brings bad luckbrings bad luck
Bright colored Bright colored clothing is believed clothing is believed to bring good to bring good fortune especially fortune especially red red
Recent revival of Recent revival of stylish party dressesstylish party dresses
CultureCulture Both the Chinese and Western cultures have Both the Chinese and Western cultures have
merged and developed here since the mid-19th merged and developed here since the mid-19th century AD. century AD.
Traditional Chinese landscape structures, such as Traditional Chinese landscape structures, such as the Mandarin Garden exemplify Chinese the Mandarin Garden exemplify Chinese architectural art. architectural art.
Shanghai is the cradle of plays and movies. Shanghai is the cradle of plays and movies. (operas and dramas)(operas and dramas)
Religion’s of ChinaReligion’s of China Atheism (China’s national Atheism (China’s national
religion)religion)– Belief in no godBelief in no god
ConfucianismConfucianism– human morality and good human morality and good
deedsdeeds TaoismTaoism
– compassion, moderation, compassion, moderation,
and humilityand humility BuddhismBuddhism
– Experiencing the Real, Experiencing the Real, path to Nirvanapath to Nirvana
View on Religion in ChinaView on Religion in China
Government widely opposes any form of Government widely opposes any form of religion since they took power in 1949religion since they took power in 1949– thinks it is anti-socialistthinks it is anti-socialist
The Chinese government is cautious The Chinese government is cautious about all religious activity, especially if about all religious activity, especially if it happens to involve foreign people in it happens to involve foreign people in any way any way
Any group larger then the Chinese Any group larger then the Chinese Government is seen as a threatGovernment is seen as a threat
Top Related