Doing Business in Northeast China

Istarted doing business with people from Northeast China in 1991. At that time, some large state-owned enterprises there needed to import precision machinery equipment from our company. It was an easy place to do business before 1993, as the central government’s favorable policies for SOEs, such as allocating foreign currency and providing technology innovation loans, were an aspect of the then planned economy. At that time, our sales vol-

Doing Business in Textiles and Clothing with China——What You Need to Know

In the global textile and clothing market,China has been a major player for almost two decades.Since becoming a member of the World Trade Organization,China’s textile and clothing manufacturing and sales have

Doing Business in Both Markets:Dubai and China

It is the winter at this moment; cold and mist are the two themes of this season. The earth is still frozen in spite of a little warm from the winter sunshine. In the past 2009, China’s textile and apparel industry experienced that winter with freezing cold. In the first half of 2009, China’s

Conscious Business——the Future of Doing Business Responsibly in a Globalized World

Conscious capitalism consists of four interconnectedand mutually reinforcing key pillars.These are higher purpose, stakeholder integration,conscious leadership, and conscious culture.In the future, it will be much harderfor businesses to hire and keep employees ifwork doesn’t have anything to offer that creates not onlythe product or the service but a higher purpose.

The Impacts of Tax Procedures Reform on Business Environment in Vietnam： Achievements and Further Reforms

Tax procedures are factors that strongly affect the business environment. A simple and convenient tax procedures system will contribute to a good business environment by easing of tax returns preparation, reducing tax compliance costs, and preventing corruption. This paper examines the results and impacts of previous tax procedures reform on Vietnam＇s business environment, identifies challenges of tax procedures reform now and the coming years, and discusses areas where further reforms are needed to sustain tax revenue and reduce compliance costs including： （1） wansparent and comprehensive guidance to all tax laws and other legal tax documents; （2） widening the application of risk management in tax administration; （3） continuing simplification of tax procedures; and （4） development of IT in tax administration.

Healthy Business Environment According to the General Theory of Sustainable Development

The article continues thinking about prospective of human society. Is the healthy business environment a fiction or a real opportunity？ How far-reaching are the roots of the future natural processes of changes？ How to work with the current global economic models？ Can the current European integration process be considered as natural？ Is a weak state a new opportunity for a future strong economy？ What is the historical essence of the liberal thought？ Why the current economic models are not permanent, why are they not sustainable, and why are they not developing for the basic quantum, which is the man as an individual？ Can also the basic quantum be integration units as family, society, company, municipality, region, country, or EU, etc.？ Qualified answers to the questions can be seen in a theoretical context of the General Theory of the Sustainable Development （GTSD）, too. Theoretical trinity of GTSD is based on three theoretical pillars： GPT （Gravitation Polarity Theory）, QET （Quantum Economy Theory）, and BIT （Big Integration Theory）. They can be considered as relevant theoretical basics for historical, current, and future sustainable development process. The healthy business environment is based on the healing of man. In GTSD, businessman and man gain a new source of knowledge, a new natural relationship, and a new content. This is a responsibility towards the customer and towards the pa^ner in business. Businessman＇s profit speaks about a new business in natural partnerships. Sustainable development without the Groove Management （second generation management） and without the fourth Reformation （with second generation of innovation） is a process that only reflects the regressive trend that takes place for more than 6000 years. Without the new content of the Fifth Theoretical Dimension （Consciousness） the historical mainstream of sustainable development process cannot be grasped. The biggest risk for the expected Healthy business society is a contemporary slave communism and contemporary crazy capitalism. Feasibility of business models of healthy business doing societies stands not only on adequate theoretical basis, but also on predicted cannibalism between slave communism and crazy capitalism. The biggest current risk of healthy business environment is a political arbitrariness, the desire for power, and the desire for money----corruption.

Motivations of Chinese Outward Direct Investment:The Sector Perspective

From the sector perspective of mining, manufacturing and services, the motivations of Chinese outward direct investment （further ODI） are discussed during the period from 2001 to 2012, acknowledging different host countries and firms＇ ownership structures. The estimated results justify that the location determinants of Chinese ODI differ between sectors, which implies tile motivation behind such investment may vary. As expected, resource-seeking is the most important motivation for Chinese ODI in mining sector; market- and strategic asset-seeking motivations are possessed by both manufacturing and services sectors. The probability of the host country receiving Chinese FDI, as well as high FDI openness and frequent bilateral trade with China is favorable for doing business. Results also suggest that the factors increasing the probability of a country being chosen as a location for Chinese ODI vary between different host countries, as do different ownership structures.

Tax Reforms for Better Tax Administration:Georgian Experience

This article sets out to share the experience of the major tax reforms in Georgia,which is eventually recognized worldwide by reputable international organizations,including the International Monetary Fund,the World Bank and others.The article highlights,in particular,three factors that we believe were and remain key to Georgia’s success.These factors are:1.Efficient tax policy;2.Simple administration process;and 3.Proactive communication with taxpayers.