Chennai: Confederation of Indian Industry (CII) is organizing a three city seminar Series, Engaging China where it would speak on the opportunities that lie ahead in China. These workshops will be organized on 26th August 2013 in Kolkata, 27th August in Chennai and on 29th August 2013 in Mumbai.
It’s essential to understand China’s 12th national five-year plan, which provides policy guidance to the economic and industrial development in the future years. To invest in China, it is important for Indian companies to understand the new investment environment and trends of foreign investment in China by taking advantage of all the tax incentives and the local financial subsidy arrangements. The session on "Profile of China" will help companies understand all the above and the practical experience.
Indian companies have an enormous, literally unprecedented, untapped opportunities awaiting to be harnessed in China in various sectors. In order to "Engage with China", Indian companies need to understand China from a different perspective. This would help the companies to develop well thought winning strategies, explains Supriya Banerji, Deputy Director General and Head (International), CII.
Speakers for each of these sessions are experts and well respected in their respective fields.Jeff Xu is Partner (Tax & Business Advisory Services) Shanghai Deloitte Ltd and an expert in this field. Mr. Mark Schaub has been in China since 1993.Steve has lived and worked in China for nearly 20 years. Mr Heiko Bugs started his career in Asia in 1994 working for a manufacturing joint-venture in South Korea. Dr G Venkat Raman is currently a faculty in Indian Institute of Management, Kozhikode in the area of Humanities & Liberal Arts in Management since October 2010.
“China is in the process of transforming its economic growth model from export/invest driven to consumption driven model under the China’s new leadership. During the transformation process, China will create a new wave of opportunities in many industries (e.g. information technology, e-commerce, cloud computing and others) for both foreign investors and local investors, “explains Jeff Xu, Partner (Tax and Business Services) Deloitte Shanghai Limited
China is too BIG to ignore. For India and Indian business, China is simultaneously an opportunity, a collaborator and a competitor. Due to geography, demographics and nature of their economies the story of India and China interaction will be an important part of the history of this century. Even though economic growth in both countries is slowing and despite political complexities the investment and trade for the giant neighbor’s is likely to continue to grow rapidly. Indian business should make itself China savvy to capitalize on these opportunities says Mark Schaub, Partner, King and Wood Malleson.
The immense possibility in China to do business has necessitated ever growing interest of the corporate world in the unique ways in which Chinese conduct business. Being, in Martin Jacques' words, a 'civilizational state' Chinese business has very successfully incorporated some of its unique cultural strengths to carve out successful business practices. Any attempt to understand these practices should start from a deeper appreciation of the Chinese culture. This is bound to help Indians who have to deal with China in negotiating for successful business relationships explains Prof G Venkatraman, Assistant Professor, Indian Institute of Management, Kozikode.
It’s essential to understand China’s 12th national five-year plan, which provides policy guidance to the economic and industrial development in the future years. To invest in China, it is important for Indian companies to understand the new investment environment and trends of foreign investment in China by taking advantage of all the tax incentives and the local financial subsidy arrangements. The session on "Profile of China" will help companies understand all the above and the practical experience.
Indian companies have an enormous, literally unprecedented, untapped opportunities awaiting to be harnessed in China in various sectors. In order to "Engage with China", Indian companies need to understand China from a different perspective. This would help the companies to develop well thought winning strategies, explains Supriya Banerji, Deputy Director General and Head (International), CII.
Speakers for each of these sessions are experts and well respected in their respective fields.Jeff Xu is Partner (Tax & Business Advisory Services) Shanghai Deloitte Ltd and an expert in this field. Mr. Mark Schaub has been in China since 1993.Steve has lived and worked in China for nearly 20 years. Mr Heiko Bugs started his career in Asia in 1994 working for a manufacturing joint-venture in South Korea. Dr G Venkat Raman is currently a faculty in Indian Institute of Management, Kozhikode in the area of Humanities & Liberal Arts in Management since October 2010.
“China is in the process of transforming its economic growth model from export/invest driven to consumption driven model under the China’s new leadership. During the transformation process, China will create a new wave of opportunities in many industries (e.g. information technology, e-commerce, cloud computing and others) for both foreign investors and local investors, “explains Jeff Xu, Partner (Tax and Business Services) Deloitte Shanghai Limited
China is too BIG to ignore. For India and Indian business, China is simultaneously an opportunity, a collaborator and a competitor. Due to geography, demographics and nature of their economies the story of India and China interaction will be an important part of the history of this century. Even though economic growth in both countries is slowing and despite political complexities the investment and trade for the giant neighbor’s is likely to continue to grow rapidly. Indian business should make itself China savvy to capitalize on these opportunities says Mark Schaub, Partner, King and Wood Malleson.
The immense possibility in China to do business has necessitated ever growing interest of the corporate world in the unique ways in which Chinese conduct business. Being, in Martin Jacques' words, a 'civilizational state' Chinese business has very successfully incorporated some of its unique cultural strengths to carve out successful business practices. Any attempt to understand these practices should start from a deeper appreciation of the Chinese culture. This is bound to help Indians who have to deal with China in negotiating for successful business relationships explains Prof G Venkatraman, Assistant Professor, Indian Institute of Management, Kozikode.
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