Beijing

The third best Chinese city for doing business is Beijing. Beijing is the capital and is among the most developed cities in China. It has rapidly grown over the year. Many global companies have their regional headquarters in China.

Advantages

Beijing’s economy is rising dramatically in the 21^st century; especially, Beijing's real estate and automobile sectors are booming. The Beijing CBD is the city’s new central business district and is home to variety of corporate regional headquarters and shopping centers. Beijing is known for its innovative entrepreneurs and high-growth start-ups. Furthermore, Beijing has convenient and cheap transportation system; the whole city is connected by buses and subways, and it has one major international airport. Beijing offers many opportunities and attentions to new foreign businesses, so it is a valuable market to invest.

Disadvantages

The vast expansion of Beijing has created a multitude of problems for the city. Beijing is one of the most populated cities in China; thus, traffic is bad during the peak time. Beijing is known for its smog and other population issues; however, the air quality is getting better after the2008 Olympic Game. To reduce air pollution, Beijing has shut down many steel manufactories. The rent of office building is really expensive in Beijing, especially in CBD. Finally, Beijing has one of the most competitive business markets in China because there are many fortune 500 companies based in Beijing for their regional headquarters.

Well-known companies in Beijing: 3M, AIG, American Airlines, Citibank, etc.

Guangzhou

The second best city for doing business in China is Guangzhou. Guangzhou is not as well-known as Shanghai and Beijing, but it has the potentials for international business. Guangzhou is the business hub in the southern partof mainland China. It is also a major port city and is adjacent to Hong Kong, which is a well-developed financial center in the world. It is the leading commercial and manufacturing center in China.

Advantages

Guangzhou has well-established transportation system and has a modern international airport. It has the advantage of a closer economic partnership with Hong Kong, allowing goods to come into China more easily from Hong Kong. Many U.S. companies have outsourced its manufactories to Guangzhou, for example, many Wal-mart suppliers are located in Guangzhou. It is good place for finding cheap labors and high quality products.

Disadvantages

However, Guangzhou is an old city in China, so there is a difficulty in expanding the city around the historical sites. Many people in Guangzhou speak Cantonese, which is a dialect of Chinese and sounds completely different from mandarin Chinese (standard language of mainland China).

Doing Business in China - Shanghai

A growing number of international corporations have relocated their regional headquarters to China because it has cheaper and intelligent labors, huge consumers, and flexible legal system. However, China is a huge country in size, and it has various business hubs. Which Chinese city do you want to start your business?

Shanghai
As you can see from Economist.com rankings, it may not surprise you to learn that Shanghai is the best place in mainland China for doing business. For U.S. companies who want to relocate their regional headquarters to Shanghai. A basic knowledge about the city would help you make the decision.

Advantages
Shanghai is the center of financial and trade in mainland China. It has one of the world’s busiest ports. Shanghai is undergoing a building boom; so if you are in the architecture business; Shanghai is a good place for you. Shanghai has an extensive public transport system and two commercial airports. As business travelers, you are easy to make your way in, out, and around the city.

Disadvantages
The rent of offices at Shanghai can be expensive comparing with other cities in China. Furthermore, Shanghai is the most populated city in China, so it can be crowded on the roads. Since there are many big companies in Shanghai, the business environment is really competitive.



Well-known companies: Deloitte, Ernst & Young, Price Waterhouse Coopers, KPMG, JPMorgan, Apple, and PepsiCo, etc.

Business travel

Hi! My name is Nancy Xie. I am a student at the University of Texas at Austin. I am a business administration major. My blog is called "Around the Global". Since I am really interested in traveling around and international business, I will introduce information related to business travel and doing business around to you. Hope you like it! Feel free to contact me or leave any comments. Thank you for visiting my blog!

Globalization is now commonplace. National boundaries mean less in the business world. As businesses market their products across border and seek customers in diverse regions, business travel has played an important role in many companies. To succeed in the global economy, business travelers will want to increase the awareness of the cultural difference in the world.

For some people, business travel means getting in and out of strange cities as quickly as possible. For others, business travel is a dream come-true: the opportunity to see new places, to meet new people, and to more about the world where we live. Whether you enjoy business travel or feel more like an accidental tourist, I’ve got tips to make your trips more enjoyable and less stressful.

As a salesperson, are you tired of delaying of fight and prolonged checking in time? Especially if you have a tight travel expense, what can you do to save money still enjoy you trip? I am going to provide you with most updated information of business travel that would work with your tight budget!

When you travel to a foreign country, especially non-English spoken countries, do you feel lost? Do you know how to communicate with people with different cultural backgrounds? Knowing the basic information about your destination in advance would save you from many unnecessary troubles. I will include some basic facts about the financial hubs around the world.