WTOIP Global - Help Foreign Tech Startups Launch Business in China

China is a place full of both opportunities and competitions. Mass entrepreneurship and innovation encourage more people to start business in China , but also making it more difficult to find a new business idea. Successful entrepreneurs use their imagination every day to make new decisions to make the world a better place. But how do they do it? Here are seven ways to keep your mind fresh and open so you can generate an idea to start business in China. Learn by Doing If you want to be an entrepreneur, get out there and do something.  Get involved in cool projects, programming, interdisciplinary events. Broaden your mind and meet people from all backgrounds. Go to work in a seemingly unrelated field. Branch out and try new things Inspiration strikes at the intersection of different things. Whether it’s taking up a new hobby or traveling to another city, you expose yourself to more problems and more possible solutions. Meet New People Go out and meet...

Starting your own business is not an easy job, for foreign startups, to start a business in China are much more difficult. In order to maximize the success rate of entrepreneurship, what are the factors that successful startups have to do? Here are some basic things need to start business in China . Distribution Channel The role of sales channels for startups is very important. Even if you have a good product, if there is no suitable sales channel, not only nobody knows your product, but more importantly, you can not make a profit. If you can’t generate revenue, it will be hard to attract employees and investors, therefore making growth nearly impossible. For startups abroad to start their own business in China, a less risky approach is to look for local partners such as WTOIP Global . By utilizing their industry and connection resources, you can rapidly enter your target markets. Capital and Funding In the early stages of your business, entrepreneurs should prep...

China’s economy is the world’s second largest and fastest growing economy. Nowadays starting business in China is a dream for nearly any international startups. For foreign tech startups, they have their own advantages such as advanced technologies and innovations, talent and foreign background, if they can utilize their advantages in China, they will be competitive enough to survive and develop under the fierce competition. Below are three technology opportunities in China which has attracted increasing attentions these years. Artificial Intelligence China has been investing heavily in artificial intelligence, and now even surpasses the US by some measures. For instance, the number of AI-related patent submissions by Chinese researchers has increased by nearly 200 percent in recent years. China also has some big advantages in AI. With a huge amount of internet citizens, we see different consumer behaviors every day, which is a lot slower in the US. So is has a huge exper...