Growing your business in China?
China could be the largest economy in the world, accounting for around 20% of world GDP in 2050. Whether you're entering the China market or seeking outbound investment opportunities, we're here to help.
Appreciating the turning point in China’s development model is important. If you're finding new opportunities to grow revenues, increase profitability and realise further efficiencies, our team of professionals in more than 15 locations can help you build your China business strategy and realise the tremendous business opportunities open to global investors.
Being at the centre of Asia and gateway to Mainland China, setting up a business in Hong Kong as a base for further expansion in Asia is an optimum choice.
In the past decade, we’ve witnessed enormous growth in China outbound investment. With such growth comes the remarkably increased sophistication of relevant professional services, of which PwC China is the clear market leader. Ten years ago since we first set up our outbound services team, we have been involved in a series of milestone outbound deals. PwC's professional team, with 600 strong transaction related specialists in mainland China and Hong Kong alone plus ten of thousands professionals within its global network, has helped drive the sophistication of these professional services. Going forward, we see more focus on post-deal integration and the maintenance of existing structures to ensure effective management and value realisation. PwC's professional team is committed to helping Chinese enterprises become genuine global players on the stage of world commerce.
Check out more on how you could start your investments in Taiwan
Europe is a continent with diverse cultural and linguistic heritage. We acknowledge that our clients have a desire for a personal contact with the same cultural background and who speaks the same native language.
Setting up in China
On 29 September 2013, the Chinese government formally established the China (Shanghai) Pilot Free Trade Zone (“SH PFTZ”) in Shanghai, China. How the area will affect businesses in China and throughout Asia is top of mind as multinational corporations and local Chinese companies seek to benefit from more relaxed financial and investment controls. As of mid-October, 36 new companies had set up operations in the SH PFTZ in various sectors covering banking, leasing, logistics, e-commerce and trading.
Premier Li Keqiang has pointed out in the latest government report, that the Chinese government will actively promote development of Pilot Free Trade Zones in Shanghai, Tianjin, Guangdong and Fujian and replicate the successful experience nationally, in order to form distinctive reform areas amongst China. After the close of Congress meetings, the State Council officially released the General plans for the three new Pilot Free Trade Zones of Tianjin, Guangdong and Fujian and the Deepening Reform Plan of Shanghai on 20 April 2015, as well as the unified Negative List.
On 21 April 2015, China (Guangdong) Pilot Free Trade Zone (“Guangdong PFTZ”), along with China (Tianjin) Pilot Free Trade Zone (“Tianjin PFTZ”) and China (Fujian) Pilot Free Trade Zone (“Fujian PFTZ”) was officially launched. The day before the launch, the State Council released the overall plan of the three PFTZs, the deepening reform plan of Shanghai PFTZ and the special administrative measures for foreign investments (2015 Negative list) which is applicable to all the four PFTZs.
On 20 April 2015, the State Council officially announced the <Overall Plan of China (Fujian) Pilot Free Trade Zone (Fujian PFTZ) > (Overall Plan). On the same day, the State Council also released the Overall Plan of Guangdong PFTZ, the Overall Plan of Tianjin PFTZ, the deepening reform plan of Shanghai PFTZ and the administrative measures of special treatment (2015 Negative List) on foreign investments which is applicable to all four PFTZs. Fujian PFTZ was officially launched on the day after the release of the Overall Plan.
Setting up business in Macau