China Paradigm transcript #102: The way forward to increase B2B sales in China
Find here the China Paradigm 102. In this interview, Yoann Delwarde co-founder at infinity growth where he helps CEOs and companies to increase B2B sales in China with integrity. Full transcript below: Welcome to China Paradigm, a show powered by Daxue Consulting where we interview season entrepreneurs and experienced managers in China about their business […]
Future applications of 3D Printing in China
Needless to say, 3D printing in China is becoming an important industry. With the legacy of industrial manufacturing and an ambition for Made in China 2025, China is eager to claim international market in 3D printing. Domestically, the market size is rising at an annual rate around 40%, with commercial applications in home appliances, construction, […]
Business turnaround in China: What is the future for Luckin Coffee?
On April 2, 2020, Luckin Coffee (Ruixin Kaffei瑞幸咖啡) confirmed that its sales numbers were inflated by a total of CNY 2.2 billion (USD 310 million) in 2019. This number represents approximately 45% of its projected final sales. Suspicions of fraud had already been hanging around for several months after the investment firm Muddy Waters released […]
Paper market in China: Imports and exports in balance
In 2018, 104 million tons of paper was both produced and consumed in China. However, the profitability of the Chinese paper industry is stabling out after an upward trend. The gross profit margin exceeds 13% and operating margin increased from 5.2% in 2013 to 6.5% in 2017. In 2008, the gross profit margin decreased from […]
5 Things everyone gets wrong when starting a business in China
Starting a business in China is a brave and bold move. It requires sacrificing an average of 70 hours a week for several years. This, in essence, is what most startups fail to recognize. Success doesn’t come overnight. So, if you are looking to open a new chapter in life and start a business, here […]
Chinese duty-free consumption: China as the World’s Largest Outbound Travel Market
Rising outbound tourism drives Chinese duty-free consumption China is the world’s largest outbound travel market in both the number of tourists and spending. Drivers of China’s rising outbound travel market include rising incomes, relaxed travel visas, increased global awareness, easier access to travel information online, and more international airlines. Outbound travel is, of course, the […]
China’s soap market is dominated by foreign brands
Overview of China’s soap market: which opportunities for foreign brands? In China, where the population has reached 1.4 billion in 2020, 23.68 units of soap are consumed annually per person. The market is subject to a consumption upgrade as the disposable incomes of Chinese rise and consumers look for quality. Other trends include the increasing […]
The adult toys market in China: untapped economic potential
Over the past 20 years, China has become more and more open. Sex is still a sensitive subject but consumer attitudes and the policies of the Chinese government are more flexible. The adult toys market in China is unfolding and is largely untapped. Download our report on China’s adult toys market E-commerce, brand image, strong consumer […]
China Paradigm 94: Why China is a new innovation paradigm
Matthieu David interviews Yuan Yingzi, Executive Director at Europe China Foundation and Strategic Innovation Lab Strategic Analyst at Ubisoft. China’s business ecosystem is attracting interesting resources which fuel Chinese innovation. European start-ups are starting to look to Chinese investors and VCs for partnerships and funding. How does the Europe China Foundation function to help build […]
China’s Social Credit System: What businesses should know
How China started to measure trustworthiness of businesses At the beginning of the 21st century the Chinese government began to make systematic use of new mediating technologies to measure the trustworthiness and financial creditworthiness of individuals and businesses. Establishing an online financial credit system was seen as key to better integrating China into the global […]
Daxue Talks transcript #34: Understanding labor taxes in China and non-taxed items for foreign workers
Labor taxes in China Find here Daxue Talks episode 34. In this episode of Daxue Talks, Matthieu David, the founder and CEO of daxue consulting, explains how the labor is taxed in China and what tax-free items can an entrepreneur offer to its foreign workers in China. Full transcript below: Matthieu David: Hello, I am […]
Daxue Talks transcript #33: Corporate taxes in China: how is profit taxed and what are the different VAT rates
Corporate taxes in China Find here Daxue Talks episode 33. In today’s Daxue talk, Matthieu David, the founder and CEO of daxue consulting, discusses the system of corporate taxes in China. You will discover what an entrepreneur should expect in terms of the profit tax and VAT system in China. At what rate is profit […]