Despite the pandemic affecting the global economy, China is the only country whoseeconomy remains strong as its GDP growth in Q2 of 2021 reaches a 2-digitsgrowth of 18.3%. Due to this fact, many foreign enterprises and startups remaininterested in expanding to China, but what are opportunities, challenges, and common pitfalls to avoid when entering the market?
In Day 1 sessions, industry leaders/experts, government representatives, and top entrepreneursfrom Beijing, Shanghai, Shenzhen, and Paris come together in this hybrid multiplex event to discuss various topics on how to do business in China.
Agnès Pannier-Runacher, Minister Delegate for Industry, attached to the Minister of the Economy, Finance and the Recovery
Pascal Cagni, President of Business France
One week to answer all the questions startups may have about the Chinese market. Jean Dominique Séval, the President of French Tech Beijing, shared his answerto the most frequently asked question of the week - Why come to do business inChina in 2021?
Jean Dominique Séval, the President of French Tech Beijing
To Séval, the main reason why French startups entering China market today is notonly to win market share but also to be in the center of the most innovative market in the world. These startups need to learn how to innovate faster andunderstand the strategies of their future competitors.
1 | China Insights
Jean-Marc Fenet, the Minister Counsellor for Economic Affairs of the French Embassy in Beijing, along with Kamran Vossoughi, the Executive Committee Member of the European Chamber, and Helena Javitte, the innovation manager of Accuracy Beijing - stated in their sessions the importance of understanding the economic prospects in China, the importance of innovation as the main driving force, andthe rising trend of China becoming the trendsetter of the global tech industry.The economy in China is entering the maturity stage, and its GDP growth isexpected to slow down. However, despite the slowing down, China's annual GDP growth is expected to reach at least 5% to 5.5% in the upcoming few years.
Helena Javitte, the innovation manager of Accuracy; Jean-Marc Fenet, the Minister Counsellor for Economic Affairs of the French Embassy in Beijing
2 | How to Start in China - Operational Guidelines
Maggie Li, the Senior Client Partner of Korn Ferry, together with Sylvie Savoie, the Beijing Office Managing Partner at DS Avocat, and Bruno Grangier, the Founder & Managing Partner of Leaf - revealed the importance of copyright & IP registration before landing in China, the challenges and best practices when hiring and retaining best talents, the uprising demands for transformational leadership among young talents in Chinatoday, and the necessity to understand the regulatory environment in China toavoid legal pitfalls.
Online：Bruno Grangier, the Founder &Managing Partner of Leaf
Onstage (left to right)：DragosCacio, Pilot Communications of French Tech Beijing, Sylvie Savoie, the BeijingOffice Managing Partner at DS Avocat
3 | How to Make Business in China
Inthis entrepreneurs talk, Jean Dominique Séval, the President French TechBeijing, Guillaume Bernard, the CEO of Bernard Controls, Yann Boquillod, theFounder of Air Visual, Allen Guo, the Founder & CEO of Shuimu Biosciences,and Gilles Langourieux, the Founder & CEO of Virtuos sat down in a paneldiscussion to discuss the entrepreneurship ecosystem in China, and theirentrepreneurial journey in creating their China success.
Online：Gilles Langourieux, the Founder& CEO of Virtuos
Onstage (left to right): Jean Dominique Séval, the President French Tech Beijing, Allen Guo, the Founder & CEO of Shuimu Biosciences, Yann Boquillod, the Founder of Air Visual, Guillaume Bernard, the CEO of Bernard Controls