How to: Doing business with China
By: Explect, March 9, 2023
Chinese culture is rich in history and traditions that have influenced the daily lives of Chinese people for over two thousand years. It is inspiring to see how the customs and religious celebrations such as Chinese New Year, the Dragon Boat Festival, and Qixi Jie (Chinese Valentine's Day) continue to be an integral part of their culture. Moreover, the value placed on wealth in Chinese culture is a testament to their hard work and dedication to achieving their goals.
To do business successfully in China, it takes patience and effort to build personal social networks or “Guanxi,” which is crucial to establish successful business dealings. It is admirable to see how the Chinese culture values relationships and emphasizes the importance of hierarchy and status.
When importing goods from China, there are many challenges to overcome, but it is an opportunity to learn and grow. It is inspiring to see how Explect offers a digital platform to organize transport and logistics, making it easier for importers to connect with suppliers in China. Always putting agreements in writing and considering situations beyond one's control is a great lesson for importers. It shows how being prepared and planning ahead can help avoid misunderstandings and disputes.
In conclusion, the Chinese culture is a treasure trove of inspiration, and the lessons we can learn from doing business in China are invaluable. Let us all take inspiration from the Chinese people's hard work and dedication to achieving their goals and building lasting relationships.