A bite-sized guide for Finnish SME companies operating in China
Windahl, Riitta; Bao, Rina (2012)
Turun ammattikorkeakoulu
2012
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Julkaisun pysyvä osoite on
https://urn.fi/URN:ISBN:978-952-216-331-8
https://urn.fi/URN:ISBN:978-952-216-331-8
Tiivistelmä
Finland and China have been enjoying a long-standing and traditional friendship. By 2012, about 300 Finnish enterprises have become established in China. These enterprises represent all major industries. This partnership has steadily expanded since China entered WTO in 2001.
However, despite being a huge market rife with opportunities, China also poses quite a few challenges, especially for smaller companies. The main difficulties are related to the different economic system as well as unfamiliar business culture and communication. This report examines some characteristics and challenges, covering the topics related to human resources management, Chinese law and bureaucracy, working with the government and state officials, networking, building legitimacy as well as partnering with local firms.
However, despite being a huge market rife with opportunities, China also poses quite a few challenges, especially for smaller companies. The main difficulties are related to the different economic system as well as unfamiliar business culture and communication. This report examines some characteristics and challenges, covering the topics related to human resources management, Chinese law and bureaucracy, working with the government and state officials, networking, building legitimacy as well as partnering with local firms.