Business

Read about Chinese business habits and insights, and about the development in the Chinese market.

BUSINESS NEWS

International Invoice Versus Fapiao

International Invoice Versus Fapiao

Without exception, our customers that just came to China or those have recently set up, have questions regarding invoice versus fapiao. Time and time again, these (in)famous documents confuse foreigners. To make it even more confusing: fapiao (发票) is the literal...

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Picking the Right Chinese Business Structure

Picking the Right Chinese Business Structure

Strategically selecting the right Chinese business structure is like running the 100-meter hurdles. Every couple of strides you come across an obstacle. This is the most confusing moment for entrepreneurs who want to do business in China. Often, at this particular...

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Are You Ready to do Business in China?

Are You Ready to do Business in China?

Preparation as a key element for success China has been in the spotlight as a target country for doing business for a long time now. Its steady economic growth, its population of 1.3 billion people and its relatively cheap labor force make it an attractive country....

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Chinese Company Stamp vs Signature

Chinese Company Stamp vs Signature

Many things in China, like signing a contract as the owner of a business, happen differently than in any other country. For example, an employee within a Chinese company can sign official documents using the company “signature”. This is due to the fact that...

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Answers for SME Start Ups in China

Answers for SME Start Ups in China

With our new office in Shenzhen, we encountered a client segment interested in doing business in China which is less present in Beijing; Small entrepreneurs looking to start-up a one or two man business in China. In Beijing we see a lot of companies that are...

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Government Support for Dutch Companies in China

Government Support for Dutch Companies in China

Due to the origin of 1421 Consulting Group (1421), we have gotten to know many of the government institutes aiding Dutch companies in doing business in foreign countries, such as China. Some aid in kind, others in financial support, but all contribute to the success...

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What happened in the year 1421?

From 1421 to 1423, during the Ming Dynasty of China under Emperor Zhu Di (朱棣) the fleets of Admiral Zheng He (鄭和), commanded by the Chinese captains, discovered Australia, New Zealand, the Americas, Antarctica, the Northeast Passage; and circumnavigated Greenland.

Due to this endeavour we can conclude that “1421 is the year that the Chinese discover the world”.