Since 2011, China has been the world's second largest economy after the United States and important trading partners for both developed and emerging countries around the world. As the Chinese market presents many unprecedented opportunities, it also presents many potential challenges and risks of doing business in China.
It is striking to see that many organizations are in the so-called vicious circle of bureaucratization, even when they are looking for agile alternatives to resolve its negative effects.
Sustainability is one of the key issues of today society. A quoted definition of sustainability and sustainable development is “sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs”.
Since adopting an “open door” policy in 1978, China has achieved a substantial economic growth of over 10% a year and is now the second largest economy in the world. By attracting a significant amount of foreign direct investments (FDI) to upgrade the infrastructure and technology over the years, China has become the “Manufacturing Center of the World” and the largest exporter of many product categories.