The Changing Face of Healthcare

  An interview with Jürgen Steinbeck, Managing Director of Richard Wolf.   As a global business, what differences have you come across when setting up in China vs. other countries? When expanding your business into new regions, it is always important to consider cultural differences above all. Before we made a move into China, we […]

Developments in China’s Health

China is one of the world’s most attractive healthcare markets, and is by far the fastest growing of all the large emerging markets. The nation’s healthcare spending is projected to grow from USD 374 billion in 2013 to USD 1 trillion in 2020. China will have the largest elderly population in the world by 2016, […]

Taking the First Step

  As with most mature markets, China is imposing increasingly rigorous regulations on medical technology, in order to provide greater protection and transparency to the public. Here we walk you through the key aspects in organising your local operations:   Licenses Each piece of medical equipment needs to be registered with the China Food & […]

Are You Ready for China’s Third Tier Cities?

  Which third tier cities do you prefer for your business? Since our business requires us to work with food producers, we spend more time in second, third, and fourth tier cities because this is where the food plants are located – in the remote areas of China. There are several strategically important cities near […]

A Tour of the Lesser Known Gems

  廊坊 Langfang, Hebei Province Population: 4.3 million GDP: 179 billion GDP growth: 9.7% GDP per capita: RMB 41,600 State-level development zones: 1 Number of German companies: 11 Pillar industries: auto parts, agricultural products processing, timber processing, furniture manufacturing, printing and packaging, electronics and information technology   Fiducia Analysis: With its perfect strategic location between Beijing and Tianjin, Langfang’s main draw-card is its easy […]

Putting the Numbers in Perspective

  How large are China’s cities really? In the above bar charts, we create some perspective for you to really understand the opportunities available, especially in China’s third tier cities. We look at 5 categories, taking the averages for China’s first, second, and third tier cities and comparing them to Berlin, one of Europe’s most […]