Market China

China helps the European cars manufacturer to survive

This year, China helped the European car sector by importing a huge amount of luxury and electrical vehicles. In fact, while China has become the worlds’ largest automotive market according to Statista, Europe’s automotive sector is suffering a decrease in 2020 due to the lowering of internal demand. Demand in China focuses on the electric …

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How to Develop a Service Company in China in 2021? (Lawyer, IT Software, Consulting, Agency …)

China is the world’s second-largest economy and the service industry is becoming a major employer, contributing more than 60 percent to increased tax revenue and leading the country’s GDP growth. Last year, China’s tertiary sector companies, saw stronger profit growth in the first three-quarters thanks to rising demand for services and steady rising prices ( …

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Top 10 Trends about Modern Chinese Tourists

In 2017, Chinese tourists were more than 140 million over the world, and they spent USD265 billion on their travels. Only 10% of Chinese hold a passport but the number of China’s outbound tourists is increasing by 4.3% every year. In 2018, approximately 162 million outbound journeys of Chinese citizens were registered. In 2019, Chinese …

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