THE PARTNER FOR NICHE COMPANIES TO EXCEL IN ASIA

ENVISION > ENVISIONIST > ENVISIONEST > ENVISION EAST

The so-called Greater China (or Chinese-speaking world, term used to avoid any political connotation) includes People’s Republic of China, Republic of China (Taiwan) and Hong Kong and Macau Special Administrative Regions.
The term Greater China is generally used for referring to the cultural and economic ties between the relevant territories and also in the financial context, where a number of Greater China stocks and funds exist.

While it is worth highlighting that Taiwan has the 5th largest economy in Asia, and Hong Kong and Macau have some very relevant tertiary industries (finance and hospitality), it is also clear that China economy is the only one that needs to be described in detail.
Until 2015 China was the world's fastest-growing major economy, with growth rates averaging 10% over 30 years. Due to historical and political facts of China's developing economy, China's public sector accounts for a bigger share of the national economy than the private sector.
China is a global hub for manufacturing, and it is the largest manufacturing economy in the world, as well as the largest exporter of goods in the world.
China is also the world's fastest growing consumer market and second largest importer of goods in the world. China is a net importer of services products.
Xi Jinping’s Chinese Dream is described as achieving the "Two 100s": the material goal of China becoming a "moderately well-off society" by 2021, the 100th anniversary of the Chinese Communist Party, and the modernization goal of China becoming a fully developed nation by 2049, the 100th anniversary of the founding of the People’s Republic.
As of 2015 there was talk of a "slowing" Chinese economy, but that referred to a slowing of the rate of economic growth (6.9%), not to a recession.
While secondary industry (manufacturing) growth slowed to 6.0 percent in 2015 from 2014's 7.3 percent, tertiary industry (the services sector) expanded by 8.3 percent last year, up from 2014's 7.8 percent.
The robust expansion of consumption trends, supported by solid wage growth, is helping the most advanced light industry and the service sector and provide opportunity for foreign companies to invest in China in the coming years.

THE PARTNER FOR NICHE COMPANIES TO EXCEL IN ASIA

ENVISION > ENVISIONIST > ENVISIONEST > ENVISION EAST

While it is worth highlighting that Taiwan has the 5th largest economy in Asia, and Hong Kong and Macau have some very relevant tertiary industries (finance and hospitality), it is also clear that China economy is the only one that needs to be described in detail.

Until 2015 China was the world's fastest-growing major economy, with growth rates averaging 10% over 30 years. Due to historical and political facts of China's developing economy, China's public sector accounts for a bigger share of the national economy than the private sector.

China is a global hub for manufacturing, and it is the largest manufacturing economy in the world, as well as the largest exporter of goods in the world.

China is also the world's fastest growing consumer market and second largest importer of goods in the world. China is a net importer of services products.

As of 2015 there was talk of a "slowing" Chinese economy, but that referred to a slowing of the rate of economic growth (6.9%), not to a recession.

While secondary industry (manufacturing) growth slowed to 6.0 percent in 2015 from 2014's 7.3 percent, tertiary industry (the services sector) expanded by 8.3 percent last year, up from 2014's 7.8 percent.

The robust expansion of consumption trends, supported by solid wage growth, is helping the most advanced light industry and the service sector and provide opportunity for foreign companies to invest in China in the coming years.

GREATER CHINA

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