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most frustrating sight in Shanghai in 2004?
Perhaps the sudden appearance of shuffling
lines of people trying to get through immigration
at Pudong airport. They haven't come for
the beaches : Shanghai has become the centre
of focus for the beady eye of the world's
business people.
But how to set-up, where to
get a foothold, where to get independent
advice and services? Shanghai Talk sat down
with Stella Zhou of CEO SUITE (Shanghai)
to find some answers.
ST: What are the advantages
of renting business centres in the beginning
of setting up in China, or Shanghai in particular?
Any office administrator would understand
the complexities and hassles surrounding
a brand new set-up, and any financial controller,
the headaches with financial commitments
in terms of capital investment and renovation
costs.
An instant office or business
centre takes the guesswork out of space
requirements and making decisions about
renovations and ambience. It means that
clients get to determine the exact type
and size of office space they require to
start off with. They can also move into
a readily furnished, fully equipped office
with professional and multilingual receptionists
and secretaries.
The result is that costs and
culture shocks in doing business in China
are minimized.
ST: What other kinds of special
facilities or services should a business
centre carry or provide for tenants?
Direct phone lines and fast-speed
internet access are important. We set these
up for our clients as soon as they check-in,
saving them the time required for their
own application (especially in an unfamiliar
business environment).
It's also vital to have a
ready network of professional business partners
to cater for secretarial services, as well
as services such as business registration,
recruitment, payroll, and translation.
Other factors that are considered
important by many of our clients are boardroom
and videoconferencing facilities, a central
location in a prestigious neighbourhood,
and a centre managed by an experienced management
team.
ST: What about feng shui?
Is it a factor?
Any new business can do with
extra help in the luck department - from
the position of doors and desks and the
shape of reception and pantry areas, to
colour schemes, lighting and decorative
elements.
We usually consult experts
when it comes to feng shui.
Often a visitor will say,
"There's something about this place
I like!" They may not be aware of the
feng shui aspects, but it certainly works
to achieve the desired effects! Even if
our clients don't believe in it, they don't
mind if it brings them success and happiness.
ST: Who are some of your prominent
clients?
We work with Warner Bros., Heinz, Estée
Lauder, the Uruguay Embassy, Mizuho Securities,
KPF Architecture and others.
ST: Why it is important to
have professional consultation when setting
up in China?
In our experience, the requirements of setting
up a business in China have proven to be
a lot more complicated than in many countries,
so it's important for all new entrants to
engage proper professional consultants for
the set-up of their operations. This will
also help shorten the timeframe for the
registration process.
ST: How do you forecast the
market in Shanghai over the next five or
six years?
China today is the biggest
market in Asia and being the commercial
hub of China, Shanghai would certainly be
the main beneficiary of the country's progress.
In additional to the 2010 EXPO, the impending
lift of quotas for the textile industries
globally should only equate to one sum for
us and our industry - the anticipation of
more companies looking to either set-up
operations in China or relocate their offices
to China.
That's why we'll be pressing
hard towards the development of a more sophisticated
business model to ensure our adaptability
and accommodation to this increasing demand.
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