subject: Great Business Possibilities In China [print this page] China represents a massive possiblity to export goods and import products & services. Despite attention about USA companies exporting jobs to China along with the China-USA trade deficit, USA companies' exports of items & services to China is thriving. Within the last 10 years, USA exports to China have quadrupled to approximately $50 billion - which was more faster than exports to the rest of the world.
This increase of exports to China isn't just originating from large USA firms, including Motorola, GE, DuPont, United Technologies, etc. Small and mid-size companies are progressing by exporting to China. Finally , there are around 20,000 small and medium sized USA firms exporting to China.
The principle area of export to China is of Agri-Business, Construction, Energy, Telecommunications, Security, Infrastructure. China and Hong Kong is now the USA's third largest export partner - behind only Canada and Mexico.
China government continously inspire USA to export more of their product and services in their country. In 2006, China's President Hu Jintao arranged for 200 Chinese executives to go to the united states on the buying tour. Also, most USA states have trade offices which foster trade with China.
China remains the world's destination for foreign investment. USA business investment alone is now over $3 billion annually, which ranks as China's third premier investor. Both Chinese government and Chinese companies are eager to facilitate effective trade with USA.
Significant changes in net profit profitability along with roi are both realistic possibilities. Starting a Chinese manufacturing presence is probably an important reason to be close to customers who are situated in China.
Before China became member of WTO, China prevented USA companies from entering into their market. However, China helps and support USA company to permit export of their products to China. This gives flexibility to all throughout the China's province including Yiwu, Guangzhou etc.
