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LEARN ALL ABOUT CHINA:

17 IMPORTANT POINTS OF DOMESTIC AND FOREIGN POLICY

Those who do business in China know firsthand that culture, mentality, laws and many other things are sharply different from that of Russia, Europe and CIS countries. As an expert in China, 4YOU GLOBAL has identified 17 major trends and features of domestic and foreign policy in the Celestial Empire.

  • IMPROVING LIVING CONDITIONS

    Foreign investments are attracted and enterprises enter the foreign market. In China, there are an active urbanization and a growing demand in the real estate market. The state initiates programs to support the construction and development of real estate in general so that people have their own comfortable accommodation.

    1
  • INTERNET BUSINESS DEVELOPMENT

    There is a growing demand for various goods. In this connection, Internet shops, services of express delivery, and e-commerce actively develop. In the last 5 years, the employment of the population has increased seriously, and the acute problem of shortage of jobs has disappeared. The combination of offline and online trading has revived the market, has increased trading opportunities. China's economy has reached a higher level.

    2
  • REFORM OF THE GOVERNMENT APPARATUS

    In China, administrative procedures are simplified and market viability is stimulated. The government intends to build a new model of control over the economic activity, to expand the authority of the executive power to prevent fraud, counterfeiting, infringement of intellectual property rights.

    3
  • RESPONSIBILITY OF OFFICIALS

    In China, all laws are strictly adhered to by both the people and the government. Bribery is actively eradicated, the sphere of supervision and upbringing is intensified. Officials are tasked with raising the level of self-discipline. The government intends to take measures to penalize officials not only for breaking the law but also for inaction.

    4
  • NEW ECONOMIC REALITY

    The economic growth is unstable, but the state envisaged to intensity the control and stabilize prices in order to prevent a crisis.

    5
  • PROMOTION OF ENTREPRENEURSHIP

    New sources of financing are attracted, tax rates are reduced, thus enterprises have more opportunities for development. The state is aimed at promoting entrepreneurship and innovation.

    6
  • ENVIRONMENTAL PROTECTION ACT

    Compliance with the laws is strictly controlled, their violation is severely punished, and the support of law enforcement agencies is intensified. The Chinese are accustomed that everything is in order in the country. The great responsibility is on those who are engaged in environmental protection.

    7
  • DEMOGRAPHY

    The new course is linked to some changes: now the parent, being the only child in the family, has the right to have two children. The assessment of social development indicators will make it possible to draw conclusions about the demographic situation and make adjustments.

    8
  • SINO-JAPANESE RELATIONS

    One should not forget about the aggressive war, which was once between the Chinese and the Japanese. The Chinese government believes that if the Japanese respect the history and people of China as a whole, it will also have a positive impact on trade relations.

    9
  • NO FINANCIAL RISKS

    Despite the presence of bad debts, effective financial programs of deposit insurance and multilevel capital market are introduced.

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  • COOPERATION WITH TAIWAN

    The state is aimed at the systematic development of trade relations between the two shores of the Taiwan Strait. The openness of mainland China to the island is intensified.

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  • COMBATING DEFLATION

    Although the prices in the country are relatively low, China cannot be called the exporter of deflation to the world market.

    12
  • SINO-AMERICAN RELATIONS

    The peaceful international environment is important for the development of the Chinese economy. The new model of relations between states is being built, based on trust and mutually beneficial cooperation. Conflicts and confrontation are extirpated.

    13
  • LEGAL ADMINISTRATION OF HONG KONG

    The concept of Hong Kong is "one country, two systems". It is not easy to change but the necessary measures are taken: the participation of Hong Kong in the reform policy is supported, and trade, economic and cultural ties are strengthened.

    14
  • RESPECT FOR UKRAINE

    China has always adhered to an independent and peaceful foreign policy. The independence and territorial integrity of Ukraine are accepted in China with respect. The state stands for harmony in relations with neighboring and distant states.

    15
  • READING IS THE KEY TO PUBLIC HEALTH

    Cultural values are actively promoted, and the reading of good books plays a considerable role in this matter. One of the goals of the government is to make reading a lifestyle and combine it with work. The improvement of moral culture will lead to the development of innovations.

    16
  • BORDER WITH MYANMAR

    The state assumes responsibility for the stable security of citizens and the safety of their property on the border with Myanmar.

    17

China has a lot of political and economic peculiarities. Specialists in 4YOU GLOBAL have been living and working on the territory of Chin for more than 5 years, so we know the whole "kitchen" from the inside. It is much easier to start trade relations in China with our help.

CONTACT THE EXPERTS NOW TO START EARNING 4–100 TIMES MORE. CALL US, AND WE WILL ANSWER ANY QUESTIONS.
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