Worcester Polytechnic Institute (WPI) Alumni Forum 2003 - A Real World Approach to Doing Business in China

About Alumni Forum 2003

Alumni Forum 2003: Doing Business in China

Hong Kong and Shanghai
September 15-19, 2003

Join us for this unique opportunity to network with international business executives, attend presentations and roundtables featuring the region's leading business and government experts and tour factories in Shanghai.

During this four day forum, we will address the following questions and areas:

Evaluating the Chinese Market

  • What is the state of the Chinese economy?
  • Realistically, what is the 3-5 year internal market in China for U.S. goods and services?
  • What is realistic to expect when getting into business in China? Are there any success stories?
  • What is the state of local resources? Can you find computer literate employees, sales staff, office staff, mid-level managers? What are the costs associated with doing business in China - wages, overhead, office rent, etc.?

Understanding the Chinese Economic and Legal System

  • What is the new political structure as it relates to business - central government or provinces? Who makes the decisions? What are the new economic zones and autonomy of Hong Kong, Shanghai and other areas?
  • What is the state of deregulation? What industries are open to western business ventures? What percentage of companies can a U.S. company own? What industries are they looking for help with?
  • What is the plan and timetable for World Trade Organization (WTO) entry?
  • How do you handle customs, inland transportation and storage? What are the duties today?
  • How does the legal system affect business deals in China? How do contracts work? What is legal? What isn't?

Establishing Business Contacts in the PRC

  • How do you choose business partners? Are local businesses major family operations or small entities? How do you know who can deliver and who can't? Does the embassy have a list of local reputable business partners?
  • Who can you contact that will enable you to begin evaluating a China strategy, including legal firms, consultants, WPI graduates in business in China and government agencies that work to foster trade?

Who Should Attend

WPI alumni and friends who are interested in finding new markets, expanding operations to the PRC or sharing their experiences about doing business in China are invited to attend.

Cost

  • US$ 475 for registrants as of August 1, 2003
  • US$ 550 for registrants between August 1 - September 8, 2003

If you have immediate questions about this forum, please contact Linda Carre Looft, Director of WPI External & Government Affairs directly at +1-508-831-6024, for more details please see the conference website http://www.wpi.edu/News/Conf/Forum2003/.

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Last modified: Mar 20, 2003, 11:05 EST

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Worcester Polytechnic Institute - 100 Institute Road, Worcester, MA 01609-2280
Phone: +1-508-831-6024 - Fax: +1-508-831-5791 - forum2003@wpi.edu