Doing business in China
China is the world’s fastest-growing economy and offers numerous opportunities for New Zealand businesses:
- A vast, increasingly high-earning and sophisticated consumer market
- A low-cost manufacturing and product-sourcing hub
- A highly-skilled, well-educated labour pool
- A growing number of outward-looking investors
China is also a complex and rapidly evolving market. Its business regulatory system is intricate and its tax system has been ranked among the most challenging in the world, according to the World Bank’s Ease of Doing Business Index.
The Free Trade Agreement (FTA) between China and New Zealand is a significant development for both countries that makes bilateral trade in goods and services as well as investment easier.
The FTA opens the door to many new opportunities for New Zealand companies, however it is up to individual businesses to take action and capitalise on the benefits available.
The Deloitte New Zealand China Services Group is a member of the Deloitte global CSG. The New Zealand CSG comprises bilingual business and tax advisory professionals with experience working in both New Zealand and China. We work closely with the global CSG in providing services to our clients. We have helped both New Zealand clients looking to expand into China, and Chinese investors considering New Zealand opportunities. If you are already doing business in China and want to ensure you are well-placed to take advantage of the FTA, or if you are looking to China to help grow your business, please click here for more about our China Services Group.
