China 101 Facts and Trends. China 101 Key facts Full Name – People’s Republic of China (PRC) Population - 1.3 billion (July 2007 UN estimate) Size - 9.6.

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Presentation transcript:

China 101 Facts and Trends

China 101 Key facts Full Name – People’s Republic of China (PRC) Population billion (July 2007 UN estimate) Size million square kilometers Capital – Beijing (14 million people) Languages - Mandarin (mainland), Cantonese (Hong Kong) & local dialects Politics - Communist (president Hu Jintao) - Vice President Xi Jinping Living Standards – Vast gap between rich & poor Economic Growth % annually approx. National Sport – Ping Pong

China 101 Geography – Tier 1&2 cities Tier 1 Beijing (Capital) Shanghai Hong Kong Tier 2 Chengdu Hangzhou Guangzhou Ji’nan Nanjing Shenyang Shenzhen Tianjin Wuhan Xi’an

China 101 Political situation Chinese Communist Party (CCP) –Steadily becoming more democratic under the principle of “democratic centralism” “1 Country, 2 Systems” –Hong Kong / Taiwan / Media censorship & monitoring

China 101Great Wall

China 101Lama Temple Tibetan Buddhism

China 101Nanjing

China 101Wuhan

China 101 When Yes means No! (or Yes or Maybe!) Old vs New 10 Years vs 1000 Years “Freedom” vs “Harmony” Independence vs Family / Collectivism Goal orientated vs Process orientated Knives & forks vs Chopsticks Understanding is the key to avoiding confusion - respect each others’ cultures

China 101 Innovation Many people regard China as a copycat –However innovation arbitrage is a global phenomenon; ideas and models are adapted for local markets Already strong in –Mobile (over 520m mobile users in China) –Online gaming & virtual goods

China 101 Web companies to watch * images from “An Overview of Web Innovations in China” by Tangos Chan - China Web 2.0 Review

China 101 Temple of Heaven