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Merit and demerit of diffrent corporate structures in China

Merit and demerit of diffrent corporate structures in China

As foreign investors and companies,set up your own office in China is important.You can select a representative office,or a joint venture,or a wholly foreign owned enterprises in China.Here are the Merit and the demerit of diffrent corporate structures in China.

The merit of establishing a representative office is easy and quick,it is also cost effectively.The demerit is that you are not allowed to be engage in direct sales,you can't issue invoices in Chinese Local currency RMB either.

 

Credit card phone processing merchant accounts solutions using mobile merchant account

There are many ways to apply for your credit card merchant accounts.One of the newest ideas is the processing solution of the credit card by phone using a mobile merchant account, also called touch tone card processing.

Before you process cards on phone,you will have to open a mobile merchant account.Here is the steps of processing phone credit cards.

First, the customer has to confirm the purchase and provide the credit card details.

 

China Tibet tourists set a new record to 1 million a month

China Tibet tourists set a new record to 1 million in a month.Tibet welcomed 1.22 million tourists in July, 2.3 times more than the same time last year, according to a statement from the tourism bureau of the Tibet autonomous region released Friday.

This is the first time that Tibet received more than 1 million tourists from home and abroad in a single month, setting a new record.

The tourists brought revenue of 1.09 billion yuan ($160 million) to Tibet, 1.9 times more than the same period last year.

   

U.S. President Barack Obama's China visit make clean energy field cooperation to higher level

U.S. President Barack Obama's China visit make clean energy field cooperation to higher level

China and U.S. The two countries singed a joint statement on Tuesday, in which joint efforts to combat climate change and promote clean energy industry were highlighted.

Both China and the U.S. believed clean energy industry will provide vast opportunities for citizens in the years ahead, agreeing that "the transition to a green and low-carbon economy is essential."

 

Interpreter service is needed in China business

Interpreter service is needed in China business

English is taught in Chinese school as the way in the U.S.Although English is compulsory in every university and college, the general ability in English is very low.

They may understand everyday English, but anything at all technical or specialized will be beyond them.

There are, of course, exceptions - but few.Interpreter service is needed in China business.

Definition of ‘interpreter’
An interpreter translates orally from one language into another and mediates between speakers of different languages, on the spot, without the use of any dictionaries.

   

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