+ All Categories
Home > Education > Trade with china

Trade with china

Date post: 22-Jan-2015
Category:
Upload: er-gambhir
View: 1,778 times
Download: 1 times
Share this document with a friend
Description:
this ppt contains information about 1. brief about china 2. Fta trade of china 3.china/india trade
Popular Tags:
47
By -Akshat poonia , Aanchal bansal, Eshan gambhir, Jasmine sahi , Arshpreet University instt. of applied mgmt. sciences (Chandigarh). CHINA
Transcript
  • 1. By -Akshat poonia , Aanchal bansal, Eshan gambhir, Jasmine sahi , Arshpreet University instt. of applied mgmt. sciences (Chandigarh). CHINA

2. China is well known for Technical advancement The Great wall of china Large population Giant pandas Jacky chen and Bruce lee One children per family Mark zuckerbergs Gf 3. China - An Introduction An ancient and modern civilization A rich and complex history Superb cultural legacy The most populous nation on Earth Many nationalities Socialist government Very diverse landscapes 4. China - History Origins of Chinese Kingdom lost in mythology First Emperor in Many Imperial Dynasties were chiness: Xin, Han, Ming, Tang, Manc hu The Great Wall of china is the biggest wall of the world Republic founded in1949 5. China - Culture Religions - Buddhism, Taoism, Islam Art - painting, sculpture, furniture, fabrics etc. Philosophy - Confucian thought, etc. Music - Beijing Opera Kites - Wei Fang kite making tradition 6. Who Are the Chinese? The most populous nation on earth Population = 1.3 billion 20% of world population Population was only 0.5 billion in 1950 One child per family policy since 1979 Most Populated Province - Henan (92.56 million, almost twice the UK) 7. China - Landscape Western area mostly mountains, snow and desert - very sparsely populated Northern edge borders the Gobi Desert South-western part tropical - dense forest Remaining central and eastern zones are very diverse - river valleys, plains, mountains. 8. China - Government China is governed by the Communist Party of China President Hu Jintao and Prime Minister Wen Jiabao are the leaders of China The parliament currently has 25 members There are 22 provincial governments, as well as 4 major cities, 5 autonomous regions and 2 special administrative regions 9. PESTEL ANALYSIS OF CHINA 10. POLITICAL ENVIRONMENT Peoples Republic of China Communist party of China(CPC) Fundamental framework of Chinas political system comprises of peoples congresses, multi-party cooperation and self governance Cooperative relations between the CPC and other political parties are based on principle of long term coexistence and mutual supervision 11. ECONOMIC ENVIRONMENT Worlds second largest economy GDP growth rate:-7.8% (2012 estimate) FDI accounts for 27% of the value added production,4.1% of the national tax revenue, and 58% of the foreign trade Inflation rate:-2.7% as on 9-07-2013 Unemployment rate:-4.10% Population below poverty line:-13.4% 12. Acc to 2010 estimate labor force in China was around 815.3 million, exports were around $1.581 trillion and imports were around $1.327 trillion 13. SOCIAL ENVIRONMENT Population of china as on 22-09-2013 is 1,360,070,000 Highly skewed sex ratio:117.8 boys for every 100 girls Literacy rate:-95.9% 14. TECHNOLOGICAL ENVIRONMENT INNCH set sail on the worlds first and only nuclear informatization forum--Nuclear Information Technology China Forum 2013 (NITF2013) which will gather around 150 senior experts and executives to analyze the trend of Chinas nuclear informatization industry. NITF2013 will target to provide the high-end platform to promote the communication between government, NPP & Nuclear IT companies in and aboard. On 18th April 2013 China Environmental Technology Acquired Shenzhen Huaxin Zhongshui Protection Engineering Company Limited to expand water projects. On 13th July 2012 China Environmental Technology Signed Strategic Co-operation Agreement with China Railway 25th Bureau Group Co., Ltd to Mutually Diversify Business. 15. CONTD..... Internet users:-718 million (2013) China Telecom alone serves 55 million broadband subscribers Tianhe-1A worlds fastest supercomputer developed in 2010. China has been pioneering the deployment of pebble bed nuclear reactors, which run cooler and safer than conventional nuclear reactors. In 2011, China unveiled a prototype train capable of reaching speeds of 310 mph (500 km/h), the first ultra-high-speed train developed solely by its domestic railway industry. In September 2011, the first Chinese space station module, Tiangong- 1, was successfully launched, marking the first step in a decade-long project to construct a large manned space station. made its first attempt at the robotic exploration of Mars in November 2011. China conducted a successful test of an anti-satellite missile. 16. ENVIRONMENTAL FACTORS China has a variety of forest types. Hardwoods such as teak and mahogany are cultivated as commercial crops, as are pine and other softwoods. Bamboo is a very fast growing plant which can grow up to one metre a day. An interesting tree found in China is the ginkgo or maidenhair tree which is used in Chinese medicine. It is one of the worlds earliest surviving plant species and first grew 160 million years ago. China has a wide variety of wildlife: tigers, snow leopards, monkeys, yaks and giant pandas. The birdlife includes peacocks, parrots, cranes and storks. Cormorants are used by some fishermen on the rivers to catch fish for them. Chinas natural environment has been adversely affected by human intervention in a number of ways. Deforestation has gone on for many years. In 1978 steps were taken to protect the environment. There is now a programme of tree planting and a national conservation organization looks at the consequences for the environment of using pesticides and chemicals 17. CONTD.... On 26th July 2012 China Environmental Technology Signed Co-operation Agreement with The Municipal Government of Zixing City in Hunan to Mutually Develop the Environmental Protection Project of the Dongjiang Lake. On 29th April 2013 China Environmental Technology Signed a Contract with the Beijing Water Authority in Relation to the Project of Empress Xiao River. 18. LEGAL ENVIRONMENT Retail outlets in urban areas of China normally open from 09.00 till 18.00, trading 7 days a week and 365 days a year including public holidays as they are considered to be peak trading times China has a number mandatory laws regarding foreign business entering the country although access was made complex in 2004 when China gained full membership to the World Trade 19. Chinas Free Trade Agreement Strategies Trans-Pacific Partnership (TPP) has caused China some disquiet The agreement was signed among four countries (Brunei, Chile, New Zealand and Singapore five additional countries (Australia, Malaysia, Peru, the United States, and Vietnam) began negotiations to join the group The TPP agenda is considered by many a force that could rip apart East Asian economic integration. The most important strategy for China is to actively push its own FTAs. China is also considering joining TPP, although it is still cautious about this option. It will be difficult, if not impossible, for Chinas FTA strategy to reach its political aim. 20. The Chinese Government deems Free Trade Agreements (FTAs) as a new platform to further opening up to the outside and speeding up domestic reforms An effective approach to integrate into global economy and strengthen economic cooperation with other economies As well as particularly an important supplement to the multilateral trading system. Currently, China has 14 FTA partners comprising of 31 economies, among which 8 Agreements have been signed already. 21. Dividing Chinas FTA into 4 parts:- China's Free Trade Agreements Free Trade Agreements under Negotiation Free Trade Agreements under Consideration Preferential Trade Agreement 22. China's Free Trade Agreements China-ASEAN FTA China-Pakistan FTA China-Chile FTA China-New Zealand FTA China-Singapore FTA China-Peru FTA Mainland and Hong Kong Closer Economic and Partnership Arrangement China-Costa Rica FTA Chinas Free Trade Agreements under Negotiation China-GCC(Gulf Cooperation Council) FTA China-Australia FTA China-Iceland FTA China-Norway FTA China-SACU(Southern African Customs Union) FTA 23. Chinas Free Trade Agreements under Consideration China-India Regional Trade Arrangement Joint Feasibility Study China-Korea FTA Joint Feasibility Study China-Japan-Korea Joint Study China-Switzerland FTA Joint Study Chinas Preferential Trade Agreement Asia-Pacific Trade Agreement 24. CHINA-ASEAN FTA The leaders of both China and ASEAN Member (AMS) signed the Framework Agreement on China-ASEAN Comprehensive Economic Cooperation at the sixth China-ASEAN Summit in November 2002. In January 2007, the two parties signed the Agreement on Trade in Services, which entered into effect in July of the same year. In August 2009, the two parties signed the Agreement on Investment. The establishment of China-ASEAN free trade area enhances the close economic and trade relations between the two parties, and also contributes to the economic development of Asia and the world at large. 25. 28 Impact of Chinese Goods on Indian Economy 26. No way to escape the DRAGON!!! Using the big Indian market to dump their products Killing the Indian units Example Last year during Diwali, china made crackers were sold in the Indian market. These crackers reportedly contained Sulphur. Sulphur is more harmful than Nitrate. Since the Chinese crackers were cheaper than the Indian crackers, so they managed to attract innocent Indian lot. As a result the Indian cracker industry saw a decline in the revenue. 29 27. No way to escape the DRAGON!!! Due to cheaper prices of Chinese products popular among the Indian masses Negative effect on our own manufacturing units For instance Data reveals that 60% of the Industrial units in the region of Thane and Bhivandi near Mumbai have been closed down. (Indian cottage industries i.e. handicraft) 30 28. No way to escape the DRAGON!!! Due to its cheap labor China offers low priced imports Also affected Indian export market China replaced Indian goods in the foreign market Due to being cheaply produced Fact to be noted: China manufactures both low as well as high quality products Eg: the manufacturing of Apple iPhone, Nokia Handset etc. 31 29. Made in China, Sold in India China is ruling in many markets India is the hub of diverse business opportunities Slowly yet steadily, Chinese products are dominating similar Indian products Eg: Electronics, crackers, statues, apparels, etc Eg: In 2010, flooding of the Indian markets with Chinese made statues - welcomed with open arms by the Indian consumers 32 30. CAN ANYONE GUESS WHICH BRAND IS THIS? HINT:- COMES WITH BBM 33 31. ITS BlueBerry not BlackBerry Same design Same colour shade May be having advance features Very cheap Same has been done to various products and brand E.g.: Apple iPhone 34 32. Positive Aspects Negative Aspects Relatively Cheaper than the regular/known brands Advanced features Affordability, common man can easily purchase Widely available Unsafe products Non long-lasting Resulted in closure of many businesses Outflow of capital Increased in Imports & decreased in Exports 33. Trade Relations 34. Trade Relations India considers China its largest trading partner China & India export and import from each other in a huge quantity India scores only in resource based exports & low technology based exports China is no. 1 in low technology product, also scores well in medium & high technology BASIS INDIA CHINA Export of Goods & Services (% of GDP) 21% Over 40% Imports of Goods and Services (% of GDP) 24% Over 30% 35. Trade Analysis Years Indias Exports to China Indias Imports from China Trade Balance Total Trade 1999 825.74 1287.18 -461.44 2112.92 2000 1353.44 1527.51 -174.07 2880.95 2001 1699.06 2057.85 -358.79 3756.91 2002 2273.82 2779.14 -505.32 5052.96 2003 4251.32 4004.50 246.82 8255.82 2004 7677.98 5994.59 1733.39 13622.57 38 Indias exports to China in 2003 and 2004 were phenomenally high due to a surge in exports of steel. This can be attributed to a record growth in the iron and steel sector in India during this year. 36. List of Imports by India from China Electrical Machinery (47%) Organic Chemicals and Inorganic Chemicals Iron And Steel, Iron/Steel Products Rare Earth Metals Fertilizers Impregnated Text Fabrics Manmade Filament, Fabric Silk; Silk Yarn, Fabric Vehicles Mineral Fuel, Oil Aluminum etc 39 37. List of Import by China from India Ores, Slag, Ash Metals Organic Chemicals Salt; Sulphur; Earth, Stone Inorganic Chemicals; Rare Earth Metals Cotton and Yarn, Fabric Copper and Articles Thereof Hides And Skins Artificial Flowers, Feathers Tanning, Dye, Paint, Putty Precious Stones Fish And Seafood Plastic 40 38. Companies Indian companies in China: Reliance Industries Ashok Leyland Adani Power Limited Bank of India Chinese companies in India: Lenovo Haier Industrial Bank 41 39. BUT Senior Vice President and Chief Economist,World Bank Professor of Economics and C Marks Professor, Cornell University 40. 43 41. Chinese Business Practices & Etiquette A nod or slight bow is also a widely used greeting Avoid using physical contact, other than a handshake, when greeting a new contact In China the surname comes before the first name For business purposes it is appropriate to address a Chinese person by their business title and surname (i.e. President Li) Never underestimate the importance of the relationship building process, as the Chinese prefer to do business only with people they know Maintain professionalism and formality at all times 42. Building relationships involves exchanging of gifts and favors; always reciprocate gifts and favours as appropriate Meetings are very formal and must be scheduled in advance Arriving late is very insulting Be sure to arrive on time or early Meetings will begin with small talk. Keep the conversation positive when speaking about any experiences in China and avoid politics Seating will be in descending order of rank with senior people sitting opposite each other The Chinese will not say no directly, an answer other than yes could mean no If you are planning to discuss legal or very technical topics, bringing an interpreter is highly recommended 43. Conclusion India & China together constitute 1/3rd of the total world population and 1/4th of worlds skilled labour force. They are two future economies to TRADE with! For sustainable trade relationship between the two nations, its imperative that they move from competition to cooperation. As 20th century was US century, 21st century would be Asian century where the two nations would lead SO, IT COULD BE CHINA & INDIA IN THE FUTURE, NOT CHINA v/s INDIA 46


Recommended