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Company Formation China



The Revenues Generated by the Tech Sector increased by 14.4% in H1 2018

Written by: Editor

The IT sector in China is seen as a prolific one, considering that in the first 6 months of this year revenues of approximately $430 billion have been generated. The numbers were revealed by the Ministry of Industry and Information Technology in China which highlighted the growth of about 15% rate compared to the previous year. The technology sector appeals foreign investors on a large scale, which is why the legislation in this matter is permissive. You can open a WFOE in China and ask for complete support offered by our team of company formation agents in China.

IT support for a series of important fields in China

The innovative technology is in the attention of developers in China for many years, and IT solutions are found in the healthcare sector, public services, automotive, education, transportation, and communication, where large companies with high recognition on an international scale register substantial profits in this country. Internet startups are today’s important business attractions, particularly if they are sustained by top technology. It is a well-known fact that the government in China wants to develop as much as possible the digital economy, a reason why there are numerous companies that already respond to the market’s needs in terms of technology.
The manufacturing sector in China is the great example that the technology serves in the best possible way, a strong reason to consider starting a business in China.

Keeping an eye on the steady IT sector

The tech sector in China continues to grow on a yearly basis and to attract investors from abroad interested in new business forms and activities for high profits in a stable Chinese market. The numbers in the IT sector have changed the labor force in China by raising the salary level and the amount of experienced employees in top companies whether local or from abroad.
We invite you to contact our team of company incorporation specialists in China and ask for details about how to open a company in China.