A New Way to Start a Business in China



In terms of business opportunities, China stays one of the strategic development destinations for many foreign companies. In spite of the stable economic growth and vast potential market, a lot of potential investors consider China a huge opportunity in company with distinct uncertainty and challenges.

Statistics through the last few years revealed that international companies still had strong intention to start business in China. Yet many of them have been hindered by issues such as what type of entity to register, how to file the registration to the designated authority, what documents should be arranged, what certificates should be applied for your specific type of business, which should be carefully considered and well planned beforehand.

The best way to eliminate such uncertainty and challenges is to study and understand, either on your own or with professional support. Hence prior to entering the China market, it is often advisable to find a reliable local partner to help you navigate through. WTOIP, a global resource sharing service platform with its focus on IP, can be one of your options. It is headquartered in China with 36 offices spread out in 31 cities across the country. China Business Starter Pack, offered by WTOIP, is specially designed to help foreign tech startups start business in China.

What is WTOIP's China Business Starter Pack?

It's a cost-effective solution for you to preliminarily explore the China market, understand your market position from a local perspective, and get your product initially testified in the market.

Services include feasibility study report on China market penetration, project showcase via WTOIP's online sources and regular offline events, recommendation to potential partners and resources, communication & coordination for project matchmaking, one-stop entrepreneurial services etc.

Who Uses China Business Starter Pack?

Basically, the China Business Starter Pack can be used by any foreign tech startups that are seeking to enter the Chinese market in a cost-effective way. If you are looking to scale your business in China, connect to local partners and resources, get local support and guidance, or in need of one-stop entrepreneurial services, this is a sound solution for you. On one hand, it opens up the possibility to interact with potential partners. On the other hand, it enables you to concentrate on your core business by providing one-stop business services.

All in all, WTOIP's China Business Starter Pack covers a broad range of services and is adaptable to diverse client needs. If you wish to receive more information, please contact us.

评论

发表评论

此博客中的热门博文

Complete Guide to Perform Competitive Analysis When You Start Business in China

图片
There is no doubt that you have to spend time on competitor analysis if you care about your business. Doing this, you may realize many things that you didn’t realize before about the market in which you are entering. The China market is favorable in terms of its great opportunities and fierce competitions. If you’re going to start business in China , then you need to analyze your future competitors all the more in order to know how do they do their business and what they are focusing on. What is Competitive Analysis A competitive analysis is a research made in order to better understand the competitive landscape and estimate opportunities, weaknesses, threats and strengthens of competing industry players, to optimize future business activities and utilization, such as marketing, product, sales or alike. The trick of competitive analysis is to find the tactics and methods that are used by your competitors. Why Competitive Analysis Always Matters Competitive Analysis is quite i
阅读全文

5 Common Challenges for Foreign Startups to Start Business in China

图片
It's a dream for nearly any foreign startups to enter China market. The country's massive population of more than 1.3 billion, of which 730 million are currently connected online, is attractive to almost any enterprise looking to expand and scale. But, China is a unique market that the way it worked in another country may not work here. So it makes it hard foreign startups to start business in China as they must redesign a solution that’s localized for its own demographic. And below are some common challenges foreign startups may face when starting business in China. Not Understanding the Market as Locals Product and market strategy often depends on intuition about the way users or clients will react or behave, but foreigners don't have such intuition, even if they can speak the language. Staying in touch with the market is becoming increasingly important, and they are getting out of touch by being abroad. So foreign startups have a competitive disadvantage whe
阅读全文

How Startup Companies Reach Investors in China?

图片
In the process of looking for investors, how to choose and how to contact with them it is extremely important. For starters who know little or have no idea about fundraising, who and which approach for them to look for investors to start business in China ? In general, the channels to reach investors are mainly in the following 3 ways. Recommended by Friends No matter in what time, friend recommendations seem to be a fast and efficient way to reach high quality investors. For investors, they are more willing to invest in projects that are recommended by friends, because personal factors such as trust and relationship come into play,but whether they are suitable for each other still depends on the specific circumstances of both the startups and the investors. Relatively speaking, this is the fastest channel, but in fact, it is very hard for foreign startups to have such a network of resources in China, and the matching rate is not high. Media Exposure and Entrepre
阅读全文