We have all seen the pictures on LinkedIn or company pages. The official signing ceremony of a Memorandum of Understanding (MOU) between a Western and Chinese firm. Usually there are some high-ranking government officials present, ceremonially co-signing the MOU on a...
Throughout the past few years, there has been a lot of news about China's Social Credit System (SCS). The SCS is planned to be fully implemented by the end of 2020. Through the system, people will be given credibility scores based on their credit behavior and...
When people consider the cost of starting a business in China, one of the most asked questions is related to registered capital. At the start of a registration process, company owners must indicate the amount of registered capital they will invest into their business....
Corporate Social Responsibility (CSR) is a business approach used by various enterprises to be more accountable with their resources to the community at large. It is self-regulating, often voluntary, and sometimes mandated by government policies. Areas of CSR include...
Please note: 1421 Consulting Group is not a visa agency. We do not handle and process visa request ourselves. This article is here to inform you on the opportunities you have in China, however we do suggest you contact a verified official visa agency if you want to...
Some of the world’s biggest multinationals struggled with selecting proper Chinese company names for their entity in China. When Mercedes found out their initially selected name freely translated to “Rush to die”, they rushed to alter their name into “Dashing speed”...
