Time to kick-back and relax!
It's Friday and time for another edition of the Hongda Business Services Roundup!
Before we get to any of the posts I'd like to first introduce you all to another great FREE resource. Hongda Business Services has compiled a China Company Comparison table that is aimed at helping all those looking to set up a company and do business in China. Our table puts 5 types of business vehicles up against each other so that prospective business owners can make a more informed decision as to which company is the right fit for their business needs.
To see which companies our table compares as well as what it compares, click here!
Right, back to the business at hand. This week our posts include:
- Hongda's BIG 5 cities for business in China's GPRD region
- China's Elusive Search for Innovation
- How To Set Up A WFOE In China By Converting From A China Rep Office
- Five Mandates for Successful Business in China
1) Hongda's BIG 5 cities for business in China's GPRD region
Widely known as one of China's leading economic regions and a major manufacturing center located in the Southern Chinese province of Guangdong, the PRD gets its name from China ́s 3rd longest river (after the Yangtze and the Yellow river), and the entire zone is formed by 9 cities, namely Guangzhou (the provincial capital also known historically as Canton), Shenzhen, Foshan, Zhuhai, Jiangmen, Zhongshan, Dongguan, four districts and counties of Huizhou and four districts and counties of Zhaoqing.
Collectively the region is a colossal economic powerhouse that overtook Tokyo as the world's largest urban area in terms of both size and population earlier this year, and is now home to more people than the countries of Canada, Argentina or Australia.
Read Hongda's BIG 5 cities for business in China's GPRD region.
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2) China's Elusive Search for Innovation
Lei Jun, popularly known as China's "Steve Jobs", is one of the world's most influential telecommunications executives. (Getty Images)
Over the last three decades, as China’s once-impoverished economy emerged into the world’s second-largest, the country has still failed to shed one aspect of its international reputation: that it can’t innovate. In January, former Hewlett Packard CEO and current Republican presidential candidate Carly Fiorina told an Iowa blogger: “I’ve been doing business in China for decades, and I will tell you that yeah, the Chinese can take a test, but what they can’t do is innovate.”
More on the future for Chinese startups here!
3) How To Set Up A WFOE In China By Converting From A China Rep Office
A China rep office is an excellent first port of call for companies who are doing business in China as it gives you a concrete presence there allowing your parent company to deal with local suppliers and customers, conduct market research 
, and have staff based in China.
However, a representative office has both benefits and limitations, and it's the latter that may cause you to look into how to set up a WFOE in China.
In order to understand whether your company needs to convert from a rep office to a WFOE we need to look at some of the features of each, and the process involved.
Keep reading as we take a look in more detail...
4) Five Mandates for Successful Business in China
image credit: davidcliveprice.com
Study up on the 5 mandates for successful Business in China here!
That it for this week's edition of the Hongda Business Services Roundup! Please let us know about any of your thoughts regarding some of the topics we recapped this week in the comments below, or let us know about any other topics you'd like for us to cover.
Hope everyone has a great weekend and that you catch us again next week for more of the news that matters in our world!
Not sure what type of company is the 'right' fit for your business in China?
Click below to download our China company comparison table and see how 5 different types of companies stack up against each other!
