{"id":897,"date":"2020-09-09T13:28:41","date_gmt":"2020-09-09T11:28:41","guid":{"rendered":"http:\/\/matchplat.local\/business-opportunity-china\/"},"modified":"2020-09-09T13:28:41","modified_gmt":"2020-09-09T11:28:41","slug":"business-opportunity-china","status":"publish","type":"post","link":"https:\/\/www.matchplat.com\/en\/business-opportunity-china\/","title":{"rendered":"Business in China: An opportunity for Italian companies in 2020"},"content":{"rendered":"

An\u00a0enormous\u00a0area for import-export, the\u00a0world’s\u00a0largest\u00a0online marketplace<\/strong> and growing purchasing power: with over 1.4 billion inhabitants, China remains a true economic superpower with which it is now impossible not to deal.<\/p>\n

\"Business<\/p>\n

The\u00a0crisis\u00a0<\/strong>triggered\u00a0during\u00a0this\u00a0period\u00a0inevitably\u00a0led to a\u00a0setback\u00a0for the Asian\u00a0giant,\u00a0whose\u00a0GDP\u00a0fell\u00a0by 6.8%\u00a0during\u00a0the first quarter of the\u00a0year. The last\u00a0few\u00a0months,\u00a0however,\u00a0have\u00a0shown\u00a0a reversal of the trend: the country\u00a0is\u00a0laboriously\u00a0on the road to recovery, recording\u00a0growth\u00a0of 3.2% more\u00a0than\u00a0in the\u00a0summer\u00a0of 2019.<\/p>\n

Although\u00a0these\u00a0figures\u00a0are\u00a0still\u00a0far from\u00a0those\u00a0that\u00a0have\u00a0marked\u00a0China’s\u00a0development\u00a0in\u00a0recent\u00a0times –\u00a0usually\u00a0around\u00a06% per\u00a0annum\u00a0–\u00a0they\u00a0are\u00a0undoubtedly\u00a0encouraging\u00a0and\u00a0suggest\u00a0expansion\u00a0by the end of the\u00a0year\u00a0at\u00a0around\u00a01.2%,\u00a0according\u00a0to the International\u00a0Monetary\u00a0Fund<\/strong>.<\/p>\n

However, some\u00a0analysts\u00a0do\u00a0not\u00a0rule out the\u00a0possibility\u00a0of\u00a0even\u00a0stronger\u00a0growth,\u00a0while\u00a0in the\u00a0rest\u00a0of the world governments are\u00a0struggling\u00a0with the\u00a0serious\u00a0effects\u00a0of the\u00a0health\u00a0emergency<\/strong>.<\/p>\n

If this were the case, the People’s Republic would in fact be the only one of the world’s major economies to grow in 2020: this is a great opportunity, even for small<\/strong> and medium-sized<\/strong> enterprises<\/strong> in our country whose products enjoy an excellent reputation<\/strong> beyond the Great Wall.<\/p>\n

Made in Italy<\/strong> has always been considered a synonym of quality by Chinese consumers: however, Italian business has traditionally looked with distrust at this enormous nation, seeing it as a threat represented by low-cost competition rather than an attractive area for the export of its products.<\/p>\n

In more\u00a0recent\u00a0times,\u00a0Italy\u00a0has\u00a0begun\u00a0to bridge the gap and forge\u00a0closer\u00a0relations with Beijing: in\u00a0fact,\u00a0it\u00a0was\u00a0the first G7\u00a0member\u00a0to join the\u00a0Belt\u00a0and Road\u00a0Initiative<\/strong>, the\u00a0official\u00a0name of the new\u00a0Silk\u00a0Road\u00a0destined\u00a0to\u00a0connect\u00a0Europe and China\u00a0strategically,\u00a0increasing\u00a0trade\u00a0between\u00a0the\u00a0two\u00a0areas.<\/p>\n

There is a long way to go, but many sectors with high quality production could benefit from the current recovery in the eastern part of the country: manufacturing and the agrofood industry<\/strong>, which have always been fundamental components of the Italian economy, could be among the first to expand their business in China, aiming at a significant increase in exports through targeted investments.<\/p>\n

A concrete\u00a0example\u00a0is\u00a0represented\u00a0by the\u00a0wine\u00a0sector:\u00a0Italy\u00a0is\u00a0only\u00a0the\u00a0fourth\u00a0world\u00a0exporter\u00a0of\u00a0this\u00a0product to China,\u00a0preceded\u00a0by France, Australia and Chile.\u00a0Despite\u00a0the\u00a0fact\u00a0that\u00a0the\u00a0wine\u00a0sector\u00a0has\u00a0always\u00a0been\u00a0a source of pride for\u00a0Italy,\u00a0there\u00a0is\u00a0still\u00a0room for\u00a0growth<\/strong>.<\/p>\n

The process is hampered by the difficulties that traditionally afflict Italian companies when it comes to internationalisation<\/strong>: lack of knowledge of the target market and regulations in force, lack of up-to-date data on import-export trends, long timescales to find the necessary information and high costs to obtain complete analyses of suppliers, distributors and business partners located in the areas of interest.<\/p>\n

With its unique access rules, the Chinese market is undoubtedly an even greater challenge, particularly for local SMEs looking for new business opportunities in emerging economies. Based on this awareness, Matchplat has long supported the expansion of companies abroad through dedicated services and personalised advice.<\/p>\n

Thanks to an in-depth knowledge of Chinese culture and a strong focus on its economic dynamics, our team aims to build a bridge between Europe and the East<\/strong>, providing managers and entrepreneurs with comprehensive information.<\/p>\n

The aim is to facilitate the creation of connections between Italy and China, making one with unlimited potential accessible to every reality: from the mapping of the most important industrial centres to the identification of new business partners, Matchplat offers SMEs technical and linguistic skills with which to exploit the new business opportunities offered by the People’s Republic.<\/p>\n","protected":false},"excerpt":{"rendered":"

An\u00a0enormous\u00a0area for import-export, the\u00a0world’s\u00a0largest\u00a0online marketplace and growing purchasing power: with over 1.4 billion inhabitants, China remains a true economic superpower with which it is now impossible not to deal. The\u00a0crisis\u00a0triggered\u00a0during\u00a0this\u00a0period\u00a0inevitably\u00a0led to a\u00a0setback\u00a0for the Asian\u00a0giant,\u00a0whose\u00a0GDP\u00a0fell\u00a0by 6.8%\u00a0during\u00a0the first quarter of the\u00a0year. The last\u00a0few\u00a0months,\u00a0however,\u00a0have\u00a0shown\u00a0a reversal of the trend: the country\u00a0is\u00a0laboriously\u00a0on the road to recovery, recording\u00a0growth\u00a0of 3.2% more\u00a0than\u00a0in the\u00a0summer\u00a0of […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[13],"tags":[],"class_list":["post-897","post","type-post","status-publish","format-standard","hentry","category-portfolio-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/posts\/897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/comments?post=897"}],"version-history":[{"count":0,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/posts\/897\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/media?parent=897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/categories?post=897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.matchplat.com\/en\/wp-json\/wp\/v2\/tags?post=897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}