Ajaero Tony Martins

Asia

Are you interested in doing business in China? Do you want to start a business in China? If yes, then below are the top 10+ best small business opportunities in China.

Now before I proceed with the list of business ideas; I feel you might want to know why China is the next best place to open a business. China has carved a niche for itself in the recent years with respect to national and economic issues; that is why entrepreneurs and managers worldwide are roaring to have their businesses there.

Almost every Fortune 500 company is well established in China; from Apple, Microsoft, Oracle and Google, to Nokia, HP and Facebook. With a population of over one billion and a fast growing economy; China is definitely the next best place to situate and open a business.

China is a unique country that has loads of positives that support businesses in all stages of growth. China is the country that has the largest population in the world; with a population that is in excess of 1.35 Billion people. China is located in the Eastern part of the Asian continent and with Beijing as its capital city and seat of power. Other key municipalities in China are Shanghai (the largest city in China), Tianjin and Chongqing and China also oversees Taiwan, Hong Kong and Macau. In as much as China is the most populous country in the world, China is also the world’s third largest country in terms of land area.

The economy of China is rated as the second largest and the fastest growing in the world, as well as also the largest exporter and importer of goods globally. Some of the positives you may get in China are; cheap and reliable technology, cheap and highly productive workforce, fertile land and good weather, etc. China is also the country that as the second highest purchasing power parity when compared to the rest of the world.

China’s economy is a diverse one in the sense that all key sectors in the economy is truly in a thriving one. The Agric sector, the manufacturing sector, the technology sector, the oil and gas sector, the automobile industry, thetourism sector, the pharmaceutical industry, just name it, are not push over when compared to that of top countries in the world. No doubt China is considered as one of the best countries in the world to establish your business, and little wonder almost all the Fortune 500 companies have their presence in China.

Now if you are wondering how China has been lifting its position in the world economy, then you should consider studying the small businesses that are being promoted in the country. Not normally placed on the headlines, these businesses enjoy a low profile while generating enormous income. So if you are in China or you intend traveling to China to start your own business, then you should consider some of the business opportunities that are thriving in China.

Top 10+ Small Business Investment Opportunities in China

1. Sell industrial automation control products

In the recent research done by Forbes China, its results have shown that Shenzhen Inovance Technology Co. Ltd is the number one small business in the country. The company, which was only established in 2003, already enjoys its top position in all domestic companies and has an astounding number of patents in its stem. So if you are pondering on engaging in a small business, then marketing industrial automation control wares will definitely be an easy sell.

2. Provide supplementary education

The next big thing when it comes to small businesses ideas in China has to do with education. Yes, after-school private tutoring service is a good business opportunity in China. Aside from the usual handling of small classes, most businesses also offer online lessons which are of course, convenient and accessible to more people, therefore making it an in-demand opportunity for business.

3. Supply health products

Times and environmental situations have made people more health-conscious than their past counterparts and this is probably because of the emergence of new diseases and illnesses, which are indeed very alarming. Venturing into a small health products business is a good way to go in China.

Moreover, you should not just stop with herbal goods or supplements when engaged in the health product retail business, you should also be willing to expand into skin care products; as this has also become a wide trend, not only in China but worldwide.

4. Ecological environment construction

Though a business in the construction of ecological environment engineering may sound like a big-scale company, it is nonetheless categorized as a small scale business. This type of business involves garden landscape engineering, afforestation projects, seedling of plants and technology research on ecology, to name a few. Not only is this a wise, practical choice for a business, it is also eco-friendly.

5. Go for import and export trading

Small businesses that involve trading usually generate successful results and the reason is that it creates more business opportunities not just in the domestic setting but also across the global. The fact that China is considered as the largest exporter and importer of goods globally makes it easier to build a profitable importing and exporting business. If you have not made up your mind on the kind of business to do, then you should consider starting your own importing and exporting business.

6. Start a pharmaceutical company

The pharmaceutical industry is another key and highly profitable industry in China. Although you would be required to go through some rigors to acquire your license before you can be permitted to establish your own pharmaceuticals production company, but the truth is that it is indeed a money spinner simply because you would have access to cheap raw materials and cheap labor.

Although it is undeniable that most pharmaceutical companies are on a large scale, there are still businesses which prefer to keep it on a minimum scale. Forbes China, in fact, has included Hunan Er-Kang Pharma