Macao

North-east China(3 provinces)

East China (10 provinces and
municipalities)
Central China (6 provinces, i.e. Shanxi,
Anhui, Jiangxi, Henan, Hubei and Hunan)
West China (13 provinces, municipality
and autonomous regions )
SAR (2)

Vast in land (the 3rd,next to Russia and

Canada)
Large in population ( the 1st,1.3 billion in
Mainland)
Comprehensive ( 56 ethnic groups)
Diversity (history, culture, language)
Dynamic ( developing country, keeping
changing)
Different consuming behaviors in different
regions
One country, two systems

China GDP accounts for 9.5% of the total

volume of the worlds GDP in 2010, while in
2005, only 5%.
The US GDP accounts for 23.8% of the total
volume of the worlds GDP in 2010.

Chinas Legislative System

Chinas Judicial System
The Vehicles for Doing Business in China
The Investment Environment in China
Intellectual Property Protection in China
The Settlement of Disputes

 Energy-saving and environmental protection

( )
New-generation information technology
( )
Biotechnology ( )
High-end equipment manufacturing(
)
Alternative energy ( )
Advanced materials ( )
Alternative-fuel cars ( )
2010 9 8

East part of China and the coastal cities:

focusing on written contract, more
internationalized.
North-east of China::
focusing on oral contract
The West China:
focusing on commercial practice
The way of treating guests:
drinking culture in China (alcohol and tea)

People purchase the luxury commodities merely to show

off and gratify their vanity.
The following are the top six luxury commodities
consumed in China:
Band-name garment (75.3%),
Gifts-jewelry, watch, handbag (60.7%)
Cars (59.5%)
Electronic products (55.6%)
Wine and tobacco (49.5%)
Cosmetics (43.9%)
Ages: 30-40
Groups: urban white-collar workers, the secondgeneration wealthy kids
(By the Social Survey Center of China Youth Daily)

North-east of China and the western China

Good drinker of alcohol can be an
advantage.
Eastern and southern China:
Tea is often served during negotiations,
businessmen often choose the tea house as
the place for negotiations.

Legal environment
Government efficiency
Nationalization of foreign assets
Enterprises' business efficiency
Infrastructure construction
Education
(the 2010 global competitiveness report by
International Institute for Management
Development )

1. Switzerland
2. Singapore
3. Finland
4. Sweden
5. Netherland
6. Germany
7. U.S.A
8. U.K.
9. Hong Kong, China
10. Japan

29. China
48. Brazil
52. South Africa
59. India
67. Russia
(the 2012 global competitiveness report by IMD)

Inflation..........................................................................26.7
Inadequately educated workforce.................................14.0
Inefficient government bureaucracy....12.2
Foreign currency regulations................................... ......8.5
Access to financing........................................................6.2
Policy instability..............................................................6.2
Tax regulations ...............................................................6.2
Restrictive labor regulations...................................... ...5.4
Inadequate supply of infrastructure ......................... ......4.9
Poor work ethic in national labor force ..................... .....3.9
Tax rates .........................................................................2.3
Corruption........................................................................1.6
Poor public health...........................................................1.0
Government instability/coups ................................... .... 0.5
Crime and theft....................................................... ... ... 0.3

Abstract ideals that shape an

individuals thinking and behavior
a moral compass

Instrumental values certain way

of behaving is appropriate in all
situations means.

Terminal values enduring belief

in the attainment of a certain end
state ends.

The study of moral obligation

involving the distinction
between right and wrong.

Business Ethics: right or

wrong in the workplace
value management.

Obvious mischief

Moral mazes
RIGHT vs. RIGHT

Misrepresenting hours worked

Employees lying to supervisors
Management lying to employees,
customers, vendors or the public
Misuse of organizational assets
Lying on reports/falsifying records
Sexual harassment
Stealing/theft
Accepting or giving bribes or
kickbacks
Withholding needed information
from employees, customers,
vendors or public

Pressure
Fear
Greed
Convenience

Following bosss directives

Meeting overly aggressive business/financial
objectives
Helping the organization survive
Meeting schedule pressures
Be a team player (group think)
Rationalizing that others do it
Resisting competitive threats
Advancing own career

Making decisions under stress

or dealing with complex
issues that have no clear
indication of what is right or
wrong.

There are NO simple ethical dilemmas

all have layers of meaning and effect.

Develop a code of ethics.

Communicate code and bake
it into culture top-down.
Treat ethics as a process.
Create open lines of
communication.
Set good examples.
Educate employees frame
issues through storytelling.
Value forgiveness.

Improves society.
Maintains a moral course in
turbulent times.
Cultivates employee
teamwork, productivity,
morale and development.
Acts as an insurance policy.

Establishes values for quality

management, strategic
planning and diversity
management.
Promotes strong public
image.
It is the RIGHT thing to do!

The simple step of a simple

courageous man is to not take part in
the lie, not to support deceit. Let the
lie come into the world, even
dominate the world, but not through
me.
-- Alexander Solzhenitsyn