Sofeast’s CEO Renaud welcomes China business expert Angel Ho, CEO of Hongda Business Services in Shenzhen, onto the show to talk about what the business environment for foreigners seeking to do business there today is really like, and about the process of setting up a manufacturing facility in China for foreigners and all of the legal and administrative points you’ll need to take care of. They also both share some of the key mistakes that foreign businesses make when setting up their factory.

 

Listen to the episode here 👇

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Episode sections

  • 00:00 – Greetings.
  • 01:06 – Angel and Hongda introduction.
  • 02:21 – What’s the general business environment in China after ‘Zero-Covid’ really like for foreign businesses?
  • 07:40 – The Chinese economy is less vibrant than before now. What is the government doing to encourage foreign investment?
  • 11:55 – How easy is it to hire foreigners in China today?
  • 16:41 – If a Western company wants to start their own manufacturing company in China, what’s the process?
  • 21:30 – Selecting the right area and government support for manufacturers.
  • 25:55 – 7 Common mistakes foreign businesses make when setting up a manufacturing facility in China.
  • 35:39 – Wrapping up.

 

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