econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



posted on 13 June 2015

Chinese Market Provides Excellent Opportunity to US Service Industries

Written by , GEI Associate

Following up on my last post about China PMI, China PMIs show improving economic activities during the past several months. Especially, China Service PMI has kept a steady growth rate since 2015 and rose to 53.5 by the end of May, which indicates continuous high level of economic expansion in Chinese service industries. Whereas China is still in the midst of an economic reform period, the large market doubtless brings excellent business opportunities to US service industries.

Correspondingly, depending on gradually developed international network and high quality of service industries, US service enterprises are expected to create more employment opportunities by expanding overseas markets.

Therefore, in view of the current economic conditions that China is experiencing during the economic reform period, Chinese market would doubtless catch more and more interest of US service companies. (On the one hand, China has put great emphasis on developing service trade; on the other hand, Chinese market present an ideal foundation of market demand for service industries.)

There is no doubt that exploiting Chinese market is a win-win to both US companies and Chinese consumers. For US enterprises, it is an effective solution to promote domestic employment. Moreover, Chinese service market also exist various of potential demand and business opportunities.

For example, with the higher life quality and further boost of internationalization, more and more Chinese in different age levels are expected to learn authentic American English, thus they are more interested in finding a US local English language education institution instead of domestic language school.

In addition, more and more Chinese students desire to further their study in US, while it's quite hard for them to know more information about US well-known universities besides school rankings, which may lead them miss better study program in US colleges.

To sum up, Chinese service market exist a lot of potential profitable business opportunities for long-term cooperation.

In the meanwhile, for China, it is a good chance to enrich and develop Chinese service industries by introducing advanced service modes and ideas, as well as to stimulate domestic enterprises to promote service quality.

Furthermore, it also creates better environment for Chinese consumers to study American culture and pursue better life quality.

Click here for Historical News Post Listing










Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, using Livefyre just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



You can also comment using Facebook directly using he comment block below.





Econintersect Contributors


search_box

Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
Minsky’s Theory of Asset Prices: Why Minsky Was NOT a Neo-Monetarist
Finance and Growth: The Direction of Causality
News Blog
The Rise Of The Gluten-Free Diet
Who's Smoking In The U.S.
Six Cosmic Catastrophes That Could Wipe Out Life On Earth
What We Read Today 20 January 2017
THE FABULOUS FIFTIES
13 January 2017: ECRI's WLI Growth Index Insignificantly Improves
Rail Week Ending 14 January 2017: Some Improvement
Majority Of Job Seekers Uncertain About Trump Impact
How To "Buy Low And Sell High" Like A Pro
Infographic Of The Day: Unusual Pets
Early Headlines: Asia Stocks Mixed, Oil Up, Dollar Down, China GDP On Target, GOP Govs Defend Medicaid Expans., Trump Wants To Cut Fed. Spending By $ 1 Trn, Trump's Troubling Foreign Deals And More
The Fake News That Sealed The Fate Of Antony And Cleopatra
The Jobs With The Biggest Cash Bonuses
Investing Blog
Technical Thoughts: Three From The Trading Room
Why Are Investors Moving To ETFs?
Opinion Blog
How To Read Theresa May's Brexit Speech
What Is The Natural Interest Rate - And What If We Go Above It?
Precious Metals Blog
Four Catalysts Drive Gold And Silver For 2017
Live Markets
20Jan2017 Market Close: U.S. Stocks Were Up But Off Their Highs Of The Session, Crude Prices Continue To Climb, Next Week May Be Volatile
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government





























 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved