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.