Page 500 - 2018 White Paper on the Business Environment in China
P. 500
8 White Paper on the Business Environment in China
Business Objective in China IN 2017
The primary business goal for a majority of
respondents in China in 2017 was to grow their
core businesses by leveraging existing products, ser-
vices and customer segments. On the other hand, the
number of respondents choosing to reduce operating
costs and increase efficiency through staff reduction
and facility consolidation, or through the introduction
of new products, decreased over 10% compared with
last year. The business strategies developed by most
surveyed companies appear relatively conservative.
Receptiveness of Companies’ Products
or Service in Chinese Market
For an overwhelming majority of the respondents
(92.9%), the Chinese market is receptive to their
products or services, though 7% of respondents said their
products or services were less attractive to the Chinese
market. This demonstrates that most of their product
strategies have been well developed.
500
Business Objective in China IN 2017
The primary business goal for a majority of
respondents in China in 2017 was to grow their
core businesses by leveraging existing products, ser-
vices and customer segments. On the other hand, the
number of respondents choosing to reduce operating
costs and increase efficiency through staff reduction
and facility consolidation, or through the introduction
of new products, decreased over 10% compared with
last year. The business strategies developed by most
surveyed companies appear relatively conservative.
Receptiveness of Companies’ Products
or Service in Chinese Market
For an overwhelming majority of the respondents
(92.9%), the Chinese market is receptive to their
products or services, though 7% of respondents said their
products or services were less attractive to the Chinese
market. This demonstrates that most of their product
strategies have been well developed.
500
