China hosted the first ever China International Import Expo CIIE in Shanghai, Nov 5th – 10th, 2018. The official result from that event was significant, with the value of intended deals topping over $57.8 billion, and total of 3,617 companies from 151 countries and regions showcased their products in the business exhibition at the expo, according to the CIIE Bureau.
Grew up in China and then moved to the US in the 1980s, Dr. Austin Huang is the founder of Merit Engineering Inc, and he has been on this show in the episode “China’s “Toilet Revolution” and Environmental Water Resources Sustainability “.
As the world’s manufacturer, China has been the place where many consumer products are being produced. From “Made in China”, to “Made by China”, China has gone through a journey from using its cheap labor and materials to manufacture products
China's ZTE, which the US government has accused of repeated sanctions violations, has paid a $1 billion fine, and put $400 million in an escrow account, so that it can continue purchase technology, including semiconductor products, from American companies.
Founded in 1984 and headquartered in Qingdao, China, Haier Group is a global leading provider of better-life solutions, with its white goods business brand more famous than others for nine consecutive years ( Euromonitor data).
China launched a toilet revolution across the country in 2015 with an aim to make such facilities cleaner and more regulated. In 2017, Chinese President Xi Jinping said, “China should continue to upgrade the country's toilets as part of its "toilet revolution" aimed at developing domestic tourism and improving people's life quality”.
Many people know China is a huge market and they cannot ignore it, but they also have concerns about working in a market they are not familiar with, and especially after having heard stories about intellectual property protection challenges in China.