Subscribe to feed Latest Entries

What Awaits in China 2018: A More Dynamic and Flourishing Market —— An interview with PTL Group GM-Arie Schreier

Posted by PTL Group
PTL Group
PTL Group has not set their biography yet
User is currently offline
on Wednesday, 10 January 2018
in Business in China

Q: How do you see the market shifting in China?

A: The type of international company that is entering the Chinese market is shifting from a more traditional manufacturing and industrial company to start-ups in the tech and internet industries. About 5 years ago, our feeling as an organization had been that everyone who wanted to enter the China market was already here, or that people had tried, failed, and then left. Concurrently, we began to witness a huge start-up boom not only around the globe but also in the Israeli market, which brought new entrants and clients for PTL Group—and they keep coming. Many Israeli companies have taken advantage of both Chinese and Israeli government grants to help support market entry in China. This aid smoothed the way for companies that would not have entered the China market without access to special economic zones such as dedicated industrial parks, and specific policies that allowed an easier entry.

These start-ups are not just Israeli businesses trying their hand in the Chinese market, some are set up exclusively for the Chinese market. One such example is PTL client UgaUga—an innovate baking products startup that specializes in cake mixes that are optimized for easy baking within a rice cooker, since ovens are not a common appliance in a Chinese household.

Tags: Untagged

The Inside Scoop: How to use the 144-hour Transit Visa

Posted by PTL Group
PTL Group
PTL Group has not set their biography yet
User is currently offline
on Wednesday, 10 January 2018
in Business in China

China’s introduction of a 144 hour visa means that it is even for tourist to spend up to six days within the country without the hassles of the visa office. The visa was introduced with the aim at boosting business and tourism within the country.

There are certain rules and regulations that must be determined first in order to first qualify for the visa free entry. Firstly and most importantly is determining ones eligibility. There are only 53 countries that qualify for the visa free transit. The full list can be found here, which includes such countries as the United States, UK, Japan, South Korea and Australia.

Tags: Untagged

2018 Chinese/Jewish Holidays Calendar

Posted by PTL Group
PTL Group
PTL Group has not set their biography yet
User is currently offline
on Thursday, 14 December 2017
in Business in China

Tags: Untagged

Insights from Arie Schreier. How China is changing and what we can do to capitalize

Posted by PTL Group
PTL Group
PTL Group has not set their biography yet
User is currently offline
on Friday, 20 October 2017
in Business in China

By Toby Marshall

ACBC boosted our week with yet another brilliant Round table presentation, this time from speaker Arie Schreier. And nice to see our old friend David Thomas back in the facilitation role - he does it so smoothly and his China knowledge is vast.

With Arie’s extensive experience consulting to and managing organizations globally, his stories held valuable insights for those planning to capitalize on the business opportunities in China.

And loved that he didn’t just share the ‘look at the success we delivered’ stories - he shared some stuff ups as well. So much more real and valuable than the perfect world that many firms pretend to have. What were some of his take home messages? 

Tags: Untagged

26 Prohibitions Issued for Company Names

Posted by PTL Group
PTL Group
PTL Group has not set their biography yet
User is currently offline
on Thursday, 19 October 2017
in Business in China

Company name creation is the first thing you need to do when applying for setting up your legal entities in China, and the State Administration for Industry and Commerce (AIC) is the ministry that evaluates and approves your application. August 11th 2017, AIC interpreted the newly introduced "Restriction Rules for company names", which clearly stated the creation of company names must comply with the 26 rules.

Among the 26 prohibitions, 11 of them strictly ban those company names containing contents and words that may harm the interests of the state or society or containing any contents that may cause fraud or misunderstanding to the public; company names containing foreign country (area) names or international organization names and company names that consists of foreign characters or Arabic numerals, etc. 

Tags: Untagged