Our collection of resources based on what we have learned on the ground

Resources

Q&A

Why did the elderly care industry in China expand and what is the future outlook...

Why did the elderly care industry in China expand and what is the future outlook...

A myriad of factors contributes to the increasing demand for the elderly care services industry, including gender imbalance, low birth rate and an average increase in life expectancy along with a series of family planning regulations. Forecast shows ...

Q&A

Why is the elderly care services industry a very attractive investment for forei...

Why is the elderly care services industry a very attractive investment for forei...

The demand for elderly care services has surged in recent years. As a result, we are now faced with the issue that, because of lack of experience, expertise and infrastructure as in other more developed economies, in China the supply has not been abl...

Q&A

What is the current market entry policy and what is the common business model us...

What is the current market entry policy and what is the common business model us...

The Chinese government welcomes foreign investment into the elderly care services industry by allowing companies to set up a wholly foreign-owned enterprise. There are several models that foreign entities can utilize to access China’s elderly c...

Q&A

What are the steps required to open a for-profit elderly care institution for fo...

What are the steps required to open a for-profit elderly care institution for fo...

There are roughly four steps involved: obtaining foreign investment approval from the provincial level commerce department, registering with the relevant industry & commerce authority, applying for an elderly care institution establishment permit...

Q&A

What are the supportive policies applied to foreign investors who try to enter t...

What are the supportive policies applied to foreign investors who try to enter t...

For-profits elderly care institutions are entitled to a range of different incentives while non-profit establishments are eligible for greater tax support. Some of the preferential policies include value added tax exemption, administrative fees reduc...

Q&A

What will be some of the obstacles when entering the Chinese elderly care market...

What will be some of the obstacles when entering the Chinese elderly care market...

Cultural outlooks, unclear policies and regulations, and high operating costs are significant barriers to investors’ success. The filial piety of Confucianism which results in a stigma against sending the elderly to a nursing home and the prior...

Q&A

What are the social insurance contribution percentages in China?

What are the social insurance contribution percentages in China?

It is hard to point at specific social insurance contribution percentages in China as these percentages differ between cities, and sometimes even on a district level. A good example of this is the housing fund which in some cities is considered tax f...

Q&A

What is the key concept any IT system requires to facilitate payroll processing?

What is the key concept any IT system requires to facilitate payroll processing?

When one is looking for IT solutions that have the ability to facilitate payroll processing, one key concept, no matter how integrate the solution, needs to be considered as the backbone of the technology: building the “HR hierarchy”. HR ...

Q&A

What are the biggest benefits of automated HR processes?

What are the biggest benefits of automated HR processes?

Although many often think of the efficiency benefits, the biggest benefits for the companies adopting systemized solutions may not be the greater efficiency of the payroll process itself. Instead, the increased speed of internal decision-making that ...

Q&A

What is the importance of original employment contracts in China?

What is the importance of original employment contracts in China?

In China as well as most Asian countries, the original version of the employment contract is of critical value for organizations. Although scanned copies can be convenient, the original contract has much greater legal value, meaning that the company ...

Q&A

Is the use of digital signatures an accepted practice throughout China?

Is the use of digital signatures an accepted practice throughout China?

At the beginning of 2016 the digital signature has not become acceptable form of signing for companies in China. This is even true for the most fundamental documentation, meaning that all documentation is still required to be physically signed and st...

Q&A

What are some of the critical steps when profiling potential candidates?

What are some of the critical steps when profiling potential candidates?

The profiling stage is a critical planning phase in the recruitment process. Effective communication from the HR representative to the hiring manager is fundamental to ensuring that the company’s current needs are met. Through an assessment of ...

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