China business development is a tricky affair and there is a lot to know. Here are a few key data points to bear in mind.
1. China Overview
- About China (18 Nov 2012)
- Chinese currency (01 Feb 2013)
2. Info regarding importing from China
3. Info regarding exporting to China
4. Info regarding doing business in China
(18 Nov 2012)LAND:
About 9.6 million square kilometre.
China is the second-largest country in the world by land area after Russia and is either the third- or fourth-largest by total area, after Russia, Canada and, depending on the definition of total area, the United States..
1.37 billion Consumers (2011 census. China mainland: 1,339,724,852, Hong Kong: 7,097,600, Macao: 552,300, Taiwan: 23,162,123)
There are 56 ethnic groups in China. Over 90% of population of the country belongs to the Han nationality.
22 provinces (+Taiwan), 5 subdivisions officially termed autonomous regions, ; four municipalities, 2 Special Administrative Regions (SARs).
According to the EIU, the size of the Chinese economy will grow to nearly USD$13 trillion a year by 2015. That’s a lot of China business opportunities!
In 2011 alone, foreign direct investment reached USD$116 billion in Chinese mainland.
(01 Feb 2013)
Chinese currency: Yuan (or CNY)
The recent exchange rate is: 1 New Zealand dollar = 5.2 Chinese Yuan
For the latest rates please check with your trusted currency trader.