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Over the past three decades the economic growth of China has seen the rise and expansion of cities all across the country. Some cities grew faster than others in terms of economic development, transportation systems as well as their historical and cultural significance.

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The German Engineering Federation VDMA (Verband Deutscher Maschinen- und Anlagenbau e.V.) has published new figures on German machinery deliveries to China. Mr. René Bernard, Business Development Manager and designated General Manager of VDMA China, presented the most recent developments and figures of the industry to VDMA China members and other companies in the sector at the German Centre Beijing last week.

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Many business owners can, effectively, only manage a handful of staff. Rather than doing everything internally and specializing in all relevant business activities, business owners should think about what activities to outsource. Outsourcing is when a company subcontracts an outside person or firm to provide a product or service such as bookkeeping or payroll processing. This article gives five reasons for outsourcing bookkeeping in China.

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Setting up a Wholly Foreign-Owned Enterprise (“WFOE”) in China requires full commitment. You can’t just do it alongside, it has to be carefully planned and many things have to be taken into consideration in order to avoid problems later on. In this article, you will find the 10 most important steps where you’re most likely to make mistakes.

 In the second part of the two-part series, we will give you more suggestions on how to avoid mistakes when setting up a WFOE.

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In 2008 the automotive industry in China became the largest in the world in terms of units of automobiles produced. Accordingly, the semiannual Beijing International Automotive Exhibition, or Auto China for short, is one of the most important automotive exhibitions in the world. More than 2,100 exhibitors from 22 countries worldwide participated in the event from April 20 to April 29 and presented their compelling new models to the public.

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manuela doing business in china presentation business school

On Monday, 05 May 2014, the Suffolk University invited Ecovis Beijing to the Novotel Peace Hotel for an insight in doing business in China. The group of around 20 MBA students was excited to hear from Manuela Reintgen’s first-hand experience. The presentation started at 10 am with curious minds listening attentively. Professor Barretti introduced Manuela to the audience and then she started right off with a quick introduction of Ecovis, followed by the cultural differences between Western countries and China. 

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ECOVIS Beijing - international professionalism at your fingertips

ECOVIS is an internationally active consulting firm, specialized on accounting, audit, tax and legal advisory for SMEs, that employs more than 4,500 people in over 56 countries. At ECOVIS Beijing, our advisory activities are tailored to the requirements of internationally active enterprises who require tax advisors, accountants, auditors and lawyers in China. Working independently, objectively and absolutely reliably, we value mutual trust and long-term personal support in the partnerships with our clients above all. Because of our high quality standards and our commitment to long term customer satisfaction, ECOVIS Beijing is the trusted partner of several embassies and chambers of commerce in China. Not only do we assist your business in maneuvering China’s legal landscape, we will also help you setup the optimal tax structure. Our tax experts and legal advisors work together closely to ensure that our clients can reap the highest profits from our in-depth knowledge and always receive the newest updates first to adjust their business faster than others. At ECOVIS Beijing, we are proud to have a young, enthusiastic and fast-growing team of highly qualified lawyers, accountants, auditors, and consultants with international background that is fluent in English, Chinese or German. With several years of experience and profound practical knowledge we support our clients from China and overseas in every situation.

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