- 889 takes title/ownership of products to remove risk from our clients.
- Our multi-lingual team provides on-the-ground inspection and quality control in China.
- We provide logistics management, including import/export documentation, customs brokerage and transportation from Asia to clients’ locations.
- Clients are assigned a multi-lingual project manager, based in the U.S., who ensures goods are manufactured to their exact specifications and are delivered on time.
- 889’s extensive contacts throughout China provide our clients with the unique ability to manage risk by working with trusted, quality manufacturers.
10/13 Deloitte Webcast
Private Equity in China: The Trends Reshaping the Landscape
Deloitte’s webcast on private equity and venture capitalism in China explored current trends. Here are two quick snippets of notes pertaining to a common business dilemma and the 12th Fifth Year Plan.
With China’s rapid growth brings problems of inexperienced professionals. If you think about it, most CEOs and top management at major companies in developed countries have decades of experience in their field. China hasn’t been a competitive world market player for very long, creating an environment where inexperienced, newer professionals are taking on top management roles.
Every five years, China creates a plan that sets guidelines for economic and social development, detailing issues like foreign business regulations, taxation and subsidy laws, and which industries are to be focused on. China’s 12th Fifth Year Plan (2011-2015) named emerging industries as:
• Energy efficiency and environmental protection
• Pharmaceuticals and biotechnology
• High end manufacturing
• New energy
• New materials
• New energy automotive
• IT for the next generation
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