U.S. Franchise Trade Mission to China, including stops in Beijing, Chongqing, Nanjing, Qingdao and Dalian:
The U.S. Franchise Trade Mission to China, including stops in Beijing, Chongqing, Nanjing, Qingdao and Dalian: is brought to you by IFA and Franchise Times, and is designated as a Certified Trade Mission by the U.S. Commercial Service. From Nov 3 - Nov 8 2013, a select group of franchise companies will receive valuable briefings and research and the opportunity to meet potential Chinese franchisees. Beginning with a market briefing and franchise panel discussion in Beijing on Sunday, November 3rd, the trade mission will then visit the vibrant cities of Chongqing, Nanjing, Qingdao and Dalian. These four cities were selected due to peak investor demand and as strategic locales for expansion throughout China. In each of these four cities, day-long events will provide an opportunity to interact with thirty to forty pre-qualified Chinese investors, whose contact information and business credentials will be provided to participants before the mission. One-on-one matchmaking meetings will be scheduled during the afternoons of the day-long events based on demand by potential investors—an exact number of one-on-one meetings cannot be guaranteed for each mission participant.
Beijing is a city of more than 20 million. Together with Shanghai, Tianjin and Chongqing, Beijing is classified as a separate municipality with the same status and responsibilities as a province. This special status enables the Beijing municipal government to approve independent foreign investment projects up to a value of $30 million, making it an attractive location for foreign investment in China. The major industries in Beijing include tourism, electronics, chemicals, automobile, machinery, metallurgy, textiles, garments, and household appliances.
Located at the intersection of Yangtze and Jialing rivers, Chongqing is one of China’s largest cities and is said to be the fastest growing metropolitan area in the world. Under the central government’s Great Western Development Policy, Chongqing has experienced double digit growth every year since 1997. In 2012, the city’s GDP reached US $184.8 billion and grew at a rate of 13.6%. Currently, it is the largest inland commercial port for western China, serving as a hub for ocean shipments to this region. From 2009 to 2012, imports to Chongqing increased roughly 329% from US $3.4 billion to US $14.6 billion, providing American exporters a stable and expanding market. With PRC’s approval of the Two Rivers New Area Economic Zone, Chongqing is well positioned to become western China’s Shenzhen or Pudong.
Located in the Yangtze River basin, Nanjing is the political, economic and cultural center of Jiangsu Province, the most prosperous and economically developed province in China. The city covers an area of 6,600 km2 and has a permanent resident population of over 8 million. One of China’s four great ancient capitals, modern Nanjing has emerged as Eastern China’s second largest commercial center. The city ranks seventh in overall competitiveness among Chinese cities and was recently ranked by Forbes magazine as being one of the top ten commercial cities in China. In 2012, the city achieved an aggregate economic volume of $720 billion with GDP per capita of nearly $14,000. Nanjing’s growing industrial sector has benefited from the city’s abundance of natural resources and close proximity to Shanghai. The high-speed railway network launched in 2011 provides service from Nanjing to Shanghai in about 75 minutes and service to Beijing in 4 hours.
Located on the southern tip of the Shandong Peninsula, Qingdao is one of Eastern China’s major economic centers. The World Bank honored Qingdao as one of China’s six “Golden cities” (a measure of investment climate, harmoniousness, governance and other measures). In recent years, the city has attracted billions in foreign direct investment and engages in trade with virtually every country on the planet. Among the city’s 17,854 foreign investment projects, 76 Fortune 500 companies have established projects in Qingdao. Exports in the city reach US $32.6 billion and imports reached US $21 billion. Given that the city has access to one of the largest ports in Eastern China, it is an ideal location to set up an import and export related business.
- Located on the isthmus of the Liaodong Peninsula in the bay of Korea, sometimes referred to as the Hong Kong of Northern China, Dalian is home to Northeast China’s largest deep water port and is an important international shipping and logistics center. Dalian Port handled more than 303 million tons of cargo throughput in 2012, ranking 3rd out of China’s ports and making it the 19th busiest container port in the world. Ninety-nine container shipping routes have been established, and average shipping capacity rose 4.2% over 2011. In 2012, Dalian’s GDP was more than $116 billion, a 15% year-on-year increase, with foreign trade valued at more than $64 billion, growing at 9% over the previous year. Dalian itself, contributed to 28%, 61% and 63% of Liaoning province’s GDP, foreign trade, and total imports. Dalian’s per capita GDP in 2012 was over $19,000, even higher than many first tier cities, such as Beijing, Shanghai, and Guangzhou. As a gateway to Northeast China, Dalian plays an integral role in the region’s economic development and serves as a financial base for Northeast Asia. Primary industries of the city include machine manufacturing, petrochemicals and oil refining, and shipbuilding. While historically linked with heavy manufacturing, Dalian is now striving to become a high tech and business process outsourcing hub, an R&D and innovation center for multinational companies, and a host of international conferences and expos. The city also attracts many tourists with its beautiful coastlines and has been repeatedly voted the city with the best living environment in China.
These growing economies represent a fantastic opportunity for international franchise development.
Best Prospects for U.S. Franchise Brands in the region:
Food – Home Delivery, Fast Food, Health Food, Fine/Casual Dining Restaurants, Full-Service Restaurants
Non-Food – Hypermarkets, Healthcare, Childcare, Entertainment Centers/Amusement Parks, Department Stores/Gift Shops/Retail (clothing, footwear, cosmetics, Cleaning Services (commercial & residential), Education/Training, Automotive, Electronic Trade, Repair/Maintenance/Rental, Fitness Centers, Real Estate, Hotel/Motel, Information Technology Services
U.S. Franchise Trade Mission to Beijing, Chongqing, Nanjing, Qingdao and Dalian.
Who: 12-15 franchise companies
When: Nov 3 - Nov 8, 2013
Beijing – Nov 3
Chongqing – Nov 4
Nanjing – Nov 5-6
Qingdao – Nov 7
Dalian – Nov 8
Where: Beijing, Chongqing, Nanjing, Qingdao and Dalian
Why: To investigate partnership opportunities
Large companies $9,250
Small and medium companies $6,750
Each additional executive traveling with a participating firm - $750
Trade Mission price includes:
•All in-country transfers and transportation to/from airport and special events (does not include airfare or hotel)
•Briefings, selected PR events and site visits, US Embassy hotel rate, refreshments/Coffee Breaks/Lunches during meetings, consultations, one-on-one meetings.
•Translators will be paid separate for companies that require them
Download Application form - Please download the application and email the completed application as an attachment to firstname.lastname@example.org. If you submit an application and do not receive confirmation within 48 hours, please notify Josh Merin at email@example.com.
Download Trade Mission Flyer
The application deadline is August 9, 2013.
U.S. Commercial Service Commercial Country Guides:
Doing Business in China
Franchise Industry in China
China Business Handbook