China Market EntryService Offering
- Investment
Devott scans industry and infrastructure, government policies and projects, local economies, environmental aspects and other factors to comprehensively analyze and find the best location/site for our clients to invest in. This is done with a practical view to client benefits and long-term development.
- Partner selection for JV and other purposes
- Merger & Acquisition
- Negotiations
Being geographically far from China and unfamiliar with the Chinese business and management culture are the two key challenges for foreign companies. Devott uses its own method and process to perform due diligence on the final candidates and to find the most suitable partner.
The method and process would vary slightly for different clients in different industries with different requirements. Generally speaking, it is composed of three steps:
- Step 1: Initial Screening (based on Client's criteria) - Long list of candidates
- Step 2: In-depth study and investigation - Short list of candidates
- Step 3: Due diligence – Final candidates
- Agency/distribution channel
To introduce a new product and develop your business in the Chinese market, agency agreements and distribution channels are widely recognized to be cost effective means to achieve these goals.
- Localization
When the goal is to enter the China market quickly, localization is top priority. Devott services not only include the localization of software, website, product/ service, technical manuals, documents etc., but also localize your company culture, management and marketing etc.
