China overtook Japan as the world's second-largest economy in 2010, and the Chinese economy continues to grow steadily. Unlike many other economies, despite severe lockdowns, 2022 still showed economic growth of 2.7% for China, and the Chinese economy is expected to continue to grow at a rapid pace in the coming years.
China, with a population of about 1.4 billion people, is the world's largest potential consumer market, and its transformation from a manufacturing country to a marketing market will provide foreign companies with plenty of opportunities to sell products and services in China in the coming years.
Economic developments in China include rapidly increasing prosperity among China's rapidly growing middle class, and domestic demand driven by Government, businesses and consumers in China will therefore act as the engine of the global economy in the coming decades.
A favorable investment climate for (foreign) entrepreneurs combined with the size of the potential consumer market make China an ideal destination for Western companies looking to expand their sales market.
Dutch companies can benefit from developments in China. China can be an indispensable link for further growth of your business with the added benefit of making your company less dependent on traditional home markets in Europe.
Entering the Chinese market and selling products, services, concepts, technologies in China is a realistic prospect, where Yu Shan Management is happy to serve as your partner. Here is the link to our Contact page.