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Helpful Articles
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HOW
TO MAKE MONEY IN CHINA? 47 GREAT MONEY MAKING BUSINESS IDEAS IN CHINA
If you really want to
start a new business in China, then here are some money making
business ideas and investment opportunities that you can easily start. The economy of China
is very big with all key sector of the economy doing well. The
manufacturing sector, the agricultural sector, the oil and gas
sector,
the automobile industry, the technology sector, the tourism sector,
and the pharmaceutical industry are all doing very well.
Now do you know that
almost every Fortune 500 company have established their businesses in
China, including Apple, HP, Microsoft, Google, Facebook and Oracle.
With over one billion people and an economy that is fast growing,
China is actually the next best place to locate and open a business. The economy of China
is the world’s second largest and it is the fastest growing economy.
The largest global exporter and importer of goods is also China.
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The promotion of
small businesses in the country is related to China’s leading
position in the world economy, with some of the businesses growing to
become leaders in their industries. So if you want to travel to China
in search of business opportunities or you are residing in China and
planning to start a business, below are some of the best business
ideas and opportunities in China.
1...Import
and Export The biggest worldwide
importer and exporter of facilities, infrastructures, products and
socio-economic structures in places that accept growth and
establishment of small, medium and large scale businesses is China.
Importing and exporting is one of the simplest business ideas for
anybody living in China or someone planning to. Almost every goods
you can imagine are produce and taking out of China everyday and lots
of raw materials including finished goods are also brought in daily.
The demand for goods made in China is global, maybe due to the fact
that their prices are low and affordable. Now, if you are still
not sure about the kind of business to do in China, you won’t go
wrong with the import and export business.
2...Import
and export consultancy A business that can
be financially rewarding and also very daunting and stressful is
Import and export. With so many laws of international trade to deal
with, marketing, market research, different government policies,
warehousing, insurance, licenses, getting skilled labor, etc. Most
times owners of business give out these difficult aspects of the
business to Consultancy Company and professionals in exportation and
importation business. Import/export
consultants handle the difficulties of importation and exportation.
From legal issues to government policies, trade restrictions,
international business policies, marketing and many others.
You need to have lots
of experience, skills and expertise in the industry before you can
start an import/export consulting business. If you want to start the
business but do not have the skills and experience needed, there are
so many training schools you can easily attend, but to gain experience
you have to apply for internship at a company that is already
established.
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3...Clothing
Items importation Another good export
item China is known for is clothing items. You can easily choose to
export new clothing items from China to some other parts of the world,
or it could be used clothes exportation which has a very huge market. 4...Provide
supplementary education Education is another
sector that is very big in China now. If you cannot afford the money
to establish a school, you can easily start private tutoring. You can
also take this business a step further by giving learning service
online where people will take different type of courses in different
subject areas with a time line that is dynamic. It could be
professional exams tutorial or language tutorials etc.
5...Mobile
phones and accessories
Business in China I believe there is no
business that is better and easy to start in China than mobile phones
and accessories, this is a country that reorganizes the production and
cost of mobile phone. You can easily and always get mobile phones at
cheap prices in China. So you can start mobile phones and accessories
exportation from China to other parts of the world. All you have to do in
order to make it big in mobile phones and accessories business is to
search for partners outside the shores of China that you can always
supply mobile phones and accessories to. The demands all over the
world, for chargers, batteries, USB cords, phone casing, memory cards,
battery banks, et al is very high and it is only in China that you
will get these items at a very cheap price.
6...Haulage
business Do you like the
transport sector? If yes, then you have to consider starting your own
haulage business, be rest assured of making lots of good profits if
you start this kind of business in China because China will always
remain one of the countries with the biggest volume of goods being
transported from one place to another. 7...Production
of shoes and bags The production of
Bags and Shoes is another business that is highly profitable which you
can start in China. The need for Bags and Shoes made in China is
indeed a big one especially in countries that are still developing. If
you have the required money to start up, then you should seriously
start thinking about starting your own Production Company of Bags and
Shoes.
8...Gadgets
Shop and
Electronics Another thing China
is popular for is the production of Electronics and Gadgets and
anybody that is into this line of business will make lots of good
profits; all you need do is understand the market dynamics. Now you
have to know that if you start your own Electronic and Gadgets Shop in
China, then you are sure of getting products directly from the
manufacturer at cheaper prices. 9...Production
of Jewelry Another profitable
venture that you can easily start in China is jewelry production, most
especially gold or silver platted jewelry production. If you have the
needed capital, and you are very interested in Jewelry production,
then it will be best you consider starting your Jewelry production
company.
With the needed
amount of capital and good jewelry design skills, you can easily start
a jewelry making business in China. There are so many materials that
are cheap which you can make jewelries that are beautiful from. All
over the world, jewelries that are cheap are in high demand because
any country in the world where there are middle-class and low-class
individuals, there is always a market for affordable jewelry. You can learn jewelry
making skills if you are not very okay in creative designs, you can
look employ the services of an art designer or a fashion art director
who would always inspect your designs to make sure they are marketable
in the fashion world.
10...Manufacturing
of household commodities The number one place
when it comes to the mass production of household items is China. In
China the production industry has lots of positives and that is the
main reason the goods made in China are very cheap and can easily
compete with same product made in other parts of the world. So if you
want to start a business in China, then you should contemplate
starting your own household commodities manufacturing business. One of
the best qualities of household goods produce in China are their very
beautiful designs and of course affordability. So, if you really want
to start producing quality and eye-catching products, you have to
start with household items. If your products are of good qualities,
then you are very assured of enjoying a good market share not just in
China but all over the world.
11...Online
Shop or trading platform Do you know that one
of the countries in the world that has modern technology and good
environment for online stores to flourish is China. If you reside in
China and are internet savvy, then you should contemplate starting
your own trading platform or online shop. The best thing about trading
platform or online shop is that you don’t really need to have all
the goods or products listed in your online shop on ground in your
warehouse. You can easily go into some agreement with producers and
they can help by listing their services or services in your online
shop as long as you both accept all necessary terms and conditions. 12...Internet
based business Even if it is a
specific service you can only offer as a professional, it will be very
clever, and cost effective to bring your business online. You have to
start rendering your services online; be it communication, art,
writing, consultancy, music, journalism and more, you can do all
online including receiving and making payments.
13...Arbitrage China is a highly
industrialized and developed country, so business deals involving
commodities, stocks, currencies, bonds and other trade items are
available all the time. With the required skills and knowledge you can
start a very good business by buying one or more of these products and
sell at a much higher price depending on price difference to other
markets. Great deal of skills and expertise are what this business
relies on. 14...Used
Electronics It is already a known
fact that most electronic gadgets that are affordable in the market
are made in China. Now for people in China looking for business ideas
to start, if you really want to start this export business! You have
to either regulate your business to only electronic gadgets or you can
also include their spare parts.
It will be very good
to add spare parts of these products in your export business. You will
have to choose between dealing in high-end items and going for good
and affordable items which are easily marketable most especially in
developing countries. 15...Exportation
of leather products Producing of leather
products are gradually being taking from locations where production
cost is very high, to locations where labor is more lucrative with
more tolerant trade, manufacturing and labor laws. Import and export
of leather products in China is a very profitable business, but a very
good understanding of the trade is necessary. You can access lot of
raw materials from countries who are still developing because they are
often the major producers of leather raw materials, then you can bring
the raw materials into China to make into final goods, where skilled
labor are in abundance and cost effective.
16...Industrial
automation products Now according to
Forbes China, Shenzhen Inovance Technology Co. Ltd is the first small
scale business in the country. In a develop country like China where
so many items are produced monthly, the request for automated
industrial machine cannot be over emphasize. Selling industrial
automation items does not need to be on a very big scale; you can
start little and even grow to the point of expanding beyond the shores
of China. 17...Logistics
specialist Logistics specialist
is a financially rewarding and interesting business and career in
China but that’s only if you have got the skills set. A logistics
specialist is involved in warehouse, shipping, inventory taking,
production, deliveries and supply chain.
18...Drop
shipping You can sell goods
directly to buyers with drop shipping business. Drop shipping is a
great business idea although it is gradually becoming unpopular. 19...Freight forwarding Business in China These are set of
people who are into global transportation, shipping to be specific.
They normally give consult on shipping documentation and arrangement.
They also make sure that all shipping processes and aspects are in
order with industry standards, rules and regulations. Just because
freight forwarders always deal with different set of people, different
businesses and countries; they are very good in international
transportation. They are also very good in international trade
policies of so many countries.
20...Import
and export of agro products You need to know that
food never goes out of vogue; it is always in high need. If you are
really interested and know your way in going about it, food business
will always be a wonderful business. No country has it
all, when it comes to agriculture. Now depending on your market
research you may need to import agro products into China which is the
second most populous country in the world, or you can export to others
from China. When starting you will need to register with the right
authorities.
21...Compliance
Officer The real function of
compliance officers is to trade investigation and audit to know if
organizations’ trade processes are in compliance with domestic or
international trade regulations, agreements and laws. Compliance
officers are always employed by most government offices and agencies
be it at the local, state or federal level. For instance, State Bureau
of Industry and Securities and Department of Commerce employ this
people most. Every company that is
serious minded employs the services of compliance officers so that
they will not being on the wrong side of trade laws which that can
attract lots of punishments. Almost all big companies has an in house
compliance officer, while smaller companies who cannot afford the
departments handling these issues employ the services of consultants
in the field.
22...Export
merchandizing Now with this all you
need to do is buy goods in bulk both from local or foreign
manufacturers and then you can easily resell the goods locally or
internationally. You are also responsible for the packaging, marketing
and at times shipping of the goods. If you have it in mind of becoming
a wholesaler on an international level, then I can say that this
business is for you. 23...Marketing Marketers are very
valuable to companies. They develop and create markets for
manufacturers of goods and services. They also maintain good
relationships with most companies and their markets. Marketers
normally develop and advise on the best pricing, and how to get past
competition, etc. Communication, advertising and PR are also in their
work.
Do you have the
required experience, skills and interest in marketing, then you can
start a marketing consulting organization that are into forecasting,
market research and more. Also, you can easily just begin a marketing
training institute where you support your wealth of experience and
skills to arrange training programs for experienced marketers and
entry level marketers. 24...Supply health products business in China People are now more
health-conscious than their past counterparts, probably because of
times and environmental situations and with the advent of so many new
diseases and illnesses, which are indeed very disturbing. Going into
health products business on a small scale will be a very good way to
go in China. Also, when engaged in
the health care product retail business, you should not just stop with
herbal goods or supplements, you need to also expand into skin care
products; because this has become a wide trend globally and not only
in China.
25...Ecological
environment construction This is a wise,
practical choice for a business, and it is also eco-friendly. You may
feel that working in the construction of ecological environment
engineering is like a big-scale company; well it is still categorized
as a small scale business. This kind of business involves
afforestation projects, garden landscape engineering, seedling of
plants and technology research on ecology, just to mention a few. 26...Import
/
Export
of tobacco products production Tobacco products are
one of the biggest moneymakers; but, before you can invest your money
in tobacco import or export, you will need some level of market
research. You have to know your market, its pocket size and taste.
This business is financially rewarding, but if you want to succeed in
it, you need to have an in depth understanding of the industry,
required health regulations, policies of government in tobacco
marketing and production; the processes you have to follow to get
license, etc.
27...Import
and export insurance It is a very good
business idea to become an insurance broker in China because there is
no dearth of import and export businesses. Cargo insurance cover
shipments against damage, and any form of loss that may occur by
unprecedented delay, weather condition, pirates attack etc. This is an insurance
that can be made by the buyer or seller. Importers and exporters
always need the services of international insurance companies who will
provide coverage for their goods/cargo. Also sometimes business owners
do consult insurance experts just to make the right decisions for
their business.
28...Online
Import
/
Export Directory Most entrepreneurs
usually overlook this interesting business idea. This also means you
are making an electronic version of detailed import and export
directory that gives information on demand patterns, new markets,
manufacturers, price list and many more. Although if you really want
to create a highly informative directory, you have to do a lot of data
gathering and research. You have to charge businesses / companies for
putting their information on the directory. You can also charge
businesses for advertisement on your site depending on your website
traffic.
29...Clearing and forwarding business in China Now if you have the
business management skills, with the right entrepreneurial spirit, you
can just go and learn how to start a freight brokerage business. As a
freight brokerage company, all you need do is act as a middle man
between shippers and client companies who are in need of your services
and facilities. You are needed to clear goods from the ports, pay up
your duties and taxes, transport your consignment to your required
destination, etc.
Most times, freight
brokers are also called clearing and forwarding agents. You have to
know that there is so much money to be made as a clearing and
forwarding agent. The best part is that this business is not limited
to one country because it can be done in any country and in anywhere
as long as international trade still exists and the country you live
in is a partaker. 30...Seafood import
/
export-:
A lot of seafood are eating on daily basis. Local dealers usually
cannot give enough supply to meet high demand; these give
opportunities to importers and exporters of seafood.
31...Exportation of sesame
seed-: There are just two leading producers of sesame globally and
China is one of them. For somebody in China, exportation of sesame
seed is a good business idea because you will be very sure of adequate
supply. 32...Smart phones exportation business in China Do you know that
almost all Smartphone’s in the world that are easily affordable are
manufactured in China? This is one of the very best and profitable
businesses for people in China. There is a lot of demand for cheap
phones especially in countries that are still developing. However to
make it in this type of business, you need to have idea of what the
consumers want and the type of smart phones which are in demand, so
you need to have market research done in order to have knowledge of
what the consumers want. You can even find a market which is yet to be
penetrated; this perhaps can be your best option.
33...Representing
manufacturers In some industries
people who are experts in buying and selling certain products or that
have become business authorities in the business they have be doing,
can easily ask to become representatives for producers of such
products. For example, somebody
that has become an expert in baby products business can meet a
producer of baby products in China to be their representative in the
country. Most of the producers would instantly agree to have somebody
representing them in an oversea market. This is money making deal for
both parties, because as their representative you will get commission
sales done through you, the producer too gets to start a new
market,
expand his business and make a lot of money.
34...Used car business in China In developing
countries of the world including some developed countries, used cars
are not strange ideas. As new model and designs of cars are brought
into the market, there is always rush by most people to sell off their
old models and get the newer models. You can also add export of car
spare parts or better still import, used or new ones to your business.
Vehicle spare parts are now in higher demand than the cars.
35...Direct
marketing Direct marketing only
needs connections and good communication skills because it is
informal. I can say categorically that this is one of the best small
business opportunities you can think about in China because it is very
reliable and easy. But, in this business, the result you get will
depends on your determination and effort to succeed.
36...Skincare
companies are soaring high In China, there are a
lot of small scale businesses in beauty and health industry; not to
mention those that have specialty in the health and beauty of women
alone. To start a skincare business is one of the good choices for
prospective businessmen as most people have become very conscious of
their appearance. So there is no better way to take advantage of this
opportunity than to set up a skincare business that will take care of
their superficial needs 37...Small-scale food production business in China All over the world,
food production is a very good business. The food industry has always
been a good choice when looking at ways to start your own business.
Everyone needs and loves food; and studies have showed that people
don’t regret spending money when they use it out on food. This fact
is what lead to the truth that food business, even on a small scale;
is still a very good investment.
38...Schools
/
office
items According to https://www.economist.com/, “over 20 billion pencils are manufactured every
year, and almost half of them are made in China.” Do you know that
China made school and office equipments are very popular and they
highly in demand. So it is not too late to start making lots of money
from this venture. From pencils, to school bags, laptop bags, board
markers, travel mugs, erasers, staples, launch bags, boards, launch
boxes, binders, staplers, the list is endless. Now if you can get
the required startup capital, it is very advisable to produce one or
more of these products. But if you don’t have the money or you are
not interested in becoming a producer, you can still be a part of this
business by being one of the distributors of these items, within China
or to different countries all over the world. The market and demand
for these products are very huge. 39...Shipping
services A shipping service
business will be a very good decision in China because there is a high
number of exportation. However, you need to know that this business
requires lots of experience. You need to know the nitty-gritty of this
business to succeed on it. You need capital to
start running a shipping company and you are also required to have the
needed knowledge of import and export processes, operation of
communication equipment, shipping logistics, laws and regulations of
different countries, and many other things.
40...Pure
honey exportation One of the most
sought after health benefiting products in the world right now is
honey, thanks to its health benefits that is increasing in popularity
every day. There is a growing demand for high quality natural honey
all over the world so honey exportation is an excellent business idea.
All you have to do is package your products attractively and find a
market for it. If this will require you do some market research or get
some training for the business, do not hesitate. 41...Networking
services This is one of the
best businesses to start in China. There are people who really want to
mingle and meet the right contacts. You can take advantage of this by
organizing a network service where employers can always meet potential
employees or people who are just hoping to expand their contacts. 42...Virtual
assistant Do you know that you
can make good amount of money if start rendering services as a virtual
assistant? You can easily carry out jobs for companies and executives
in China varying from database maintenance, travel arrangements
coordination and a host of others. Just like any other business, you
will have to get lots of contacts to make sure you succeed.
43...Crude oil import and export business in China In every country,
crude oil is in high demand, import and export of crude oil is a very
lucrative business and it is good and easy means of generating foreign
exchange. A lot of money is needed to start this business and you also
can’t just start this business without the right market knowledge of
refining crude oil, which is the proper market to buy from and sell
to. Also, your business does not have to be limited to only crude oil,
you will also need to add crude products that are already refined in
your import and export business. 44...Pharmaceutical
products The pharmaceutical
industry is another big and profitable industry in China. But if you
want to run business that is successful in this industry, you will be
required to have a level of scientific knowledge; you will also go
through a very hard process to get a license to start production. However, financially
it is a buoyant industry all over the world, because in many parts of
the world, pharmaceutical products are products people cannot do
without. Its either they are be use directly or they are used
indirectly for the production of other products. A Pharmaceutical
company was listed by Forbes China to be one of the top 10 small
businesses. This is a sure proof that the
pharmaceutical industry is very good for small businesses to grow and
expand. 45...Timber
export
/
import I believe you know
that all over the world, timber is something that construction workers
and furniture makers cannot do without. Now as a businessman or woman,
you can easily start a profit making business by making research on
the demand and domestic market for timber. All you have to do always
is connect the local market to foreign timber producers and buyers in
the domestic market. 46...Export
Management Company This is actually an
exportation business in which the EMC connects some local sellers to
some other international buyers. EMC is required to be involved in the
entire step, from getting distributors, production to packaging,
marketing and advertising, shipping and probably provision of funds.
EMC is one of the partnerships between local sellers in order to
organize and find business between them and some foreign businesses. 47...Warehousing
and distribution service Shipping and receipt
of goods is handled by a distribution and warehousing company for
different businesses. You will need to have your own warehouses which
will be enough to keep goods and services for importers and exporters.
This is a business that requires a lot of smartness and skills and it
is also highly capital intensive. No doubt there are
lots of businesses that you can easily start in China, but the truth
is you have to continue to be in the good books of the Government of
China if really you actually want your business to grow in China.
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