Do you think governments at all levels will establish business consultancy agencies for foreigners?
Peng Xuefeng, CPPCC National Committee member and founder of Dacheng Law Offices |
Do you think governments at all levels will establish business consultancy agencies for foreigners?
I don't think they will, at least not in the short term, because governments have their roles to play in releasing and interpreting policies. Authorities at all levels will give the public the most accurate interpretation they have, but it may be a better idea for players in different markets to provide suggestions for foreigners seeking business advice.
China already has a large number of consultancy firms, both domestic and foreign-owned, which provide strategic advice to help foreign companies localize their businesses, overcome challenges and make decisions. If my memory serves right, there were at least 10,000 domestic consultancies in China five years ago. There will be more professional companies to help foreigners better understand policies in the future.