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Transcript of PEST analysis
Communist Party is reigning
most companies are state owned lack of democracy -> inefficiency of companies
authoritarianism offers field for corruption
new labor law 2008
usual working time 40 hours/week
salary depends on origin of worker GDP and GDP growth rate Doing Business Welfare and Unemployment Regional Development Currency GDP composition PEST Analysis Car Production in CHINA Prepared by: Ieva Leonovaite
Kilian Hagen Overview About company
Pros and Cons of Business Environment Car production... ...in China P olitical Environment Economic Environment ocio-Cultural Environment Growth rate of population Languages Standard Mandarin 6000... China #29 Buddhism.. ..atheists 2% money..money..money.. S T echnological Environment 1. State owns us 2. Strong Yuan 3. Gap between poor and rich State investments the Leading Position raw materials Paradoxical advantage Cheap BUT good quality skilled labor force Domestic market size Thank You for Your attention! ... 9.3 % ... 91 out of 183 nations ... Renminbi with its unit Yuan 8.500 $ GDP per capita rich poor R&D Investments GAP Patent Law Infrastructure unemployment rate: officially 4.1% Innovation &
Education 13.4 % under the poverty line Rise of 700% since 2009 stricter rules 9.300 billion Dollars growing education will lead to growing innovation