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PTL General Manager speaks at CanCham Shanghai Event

Posted by Gloria Poelz
Gloria Poelz
Marketing Assistant at PTL Group
User is currently offline
on Wednesday, 22 April 2015
in Business in China

On April 22nd the Canadian Chamber of Commerce in Shanghai is hosting the event "China Untold: Entry Mistakes of Foreign SMEs and the Advantages of the Factory Incubator Model" with PTL's General Manager Arie Schreier as a speaker.

The topic of the talk involves...

The Shift from Human Labor to Robot Labor in China

Posted by Miriam Ortega
Miriam Ortega
Miriam Ortega has not set their biography yet
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on Monday, 20 April 2015
in Business in China

What is the next step for manufacturing? Today, the world is moving at such a fast pace due to the internet and technological advances, that everyone is wondering what the next step is for manufacturing.  We must take into account that China, the biggest manufacturer in the world, has increasing labor and production costs. According to The Economist, since 2001 the hourly wages for manufacturing jobs in China have increased 12% every year.

Tel Aviv University Visits China Once Again

Posted by Miriam Ortega
Miriam Ortega
Miriam Ortega has not set their biography yet
User is currently offline
on Monday, 20 April 2015
in Business in China

China is a topic relevant to many, not only because it one of the biggest economies in the world, but also because many things are happening here and now. This of course is one of the reasons the Executive MBA Program from the Recanati Business School Tel Aviv University visited the Mainland once again. Their stay in China lasted a week, and during this time the delegation toured 5 cities and visited more than a dozen companies. E-commerce, dairy market products, outbound investments, and technological exchanges between Israel and China were some of the topics in the agenda.

AmCham Interviews PTL Group Founder Zvi Shalgo

Posted by Michael Wilder
Michael Wilder
Michael Wilder has not set their biography yet
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on Monday, 20 April 2015
in Business in China

April 10th – Shanghai

PTL Group of Companies’ Founder and Chairman, Zvi Shalgo, sat down at the American Chamber of Commerce in Shanghai for a journey into the past.  The one-on-one interview about Zvi’s “Made in China” experience was for a new podcast series chronicling the lives of some of China’s most interesting and successful business men and women. 

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The True Cost: Maintaining a Wholly Foreign-Owned Enterprise in China

Posted by Michael Wilder
Michael Wilder
Michael Wilder has not set their biography yet
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on Sunday, 19 April 2015
in Business in China

Set Up Costs

To register a WFOE in China, there are set up costs that you just cannot get around. Often times for SMEs, this reality drastically increases the financial risk of entering the market.  The good news is however, other options exist that allow foreign companies to begin operations immediately upon signing a contract agreement with a local partner.  To get more information on that topic, perhaps you'd be interested in my last article here.

Realistically, the time required for registration - to gather all the necessary paperwork, translate it when appropriate, etc, submit it to Chinese authorities, and wait for all the approvals - is at least 6 months.