Event Type Seminar
Event Date 12/07/2007 09:30 hrs - 13:30 hrs
China’s low cost base has been well recognised and has led most manufacturers to consider establishing operations there, particularly if they are serving fiercely competitive world markets.
Making the decision to go to China is not easy, however, and number-crunching plays an important
part in determining the desirability and feasibility of market entry.
Venue Details
Birmingham Chamber of Commerce & Industry
75 Harborne Road
Birmingham
B15 3DH
Further Information
How low is the cost of labour once employer’s contributions are taken into account? Are locally sourced raw materials and other inputs really cost effective? How much is it to rent or buy a factory? To what extent can such variables differ from place to place? What about cost rises? Do these and other considerations make manufacturing in China worthwhile?
Following on from its successful series of activities on location selection, China-Britain Business Council presents a workshop which takes the cost issue by the scruff of its neck, inviting Ian V Hughes of Join and Succeed Consulting Company to share his expertise in generating the necessary cost comparisons for internal feasibility studies and BDO Stoy Hayward LLP to provide an up-date on how recently announced changes in taxation policies will influence the attractiveness of China as a low cost manufacturing location.
In addition, a case study will demonstrate how manufacturing in China need not necessarily mean the end of manufacturing in the UK, but can help a company internationalise and access new markets via a lower cost supply chain.
Programme
0930 Registration and Coffee
1000 Opening Remarks: Out-source or Invest? – That is the Question, Todd Russock, CBBC
1015 Market Entry & Location Matters, Jennifer Broughton, CBBC
1040 China: Costing the Benefits, Ian V Hughes, Join & Succeed Consulting Company
Feasibility studies and the Chinese Authorities
Constructing an internal feasibility study
Building Cost Models
1125 Break
1140 Is China still attractive? The Impact of Chinese Taxation Reform on establishing operations in China, Julian Frost, Katherine Liu, BDO Stoy Hayward LLP
1210 Case Study
1235 Further discussion followed by conclusions, sandwich lunch and networking
1330 Conclude
About CBBC The China-Britain Business Council is the UK’s leading independent source of China business information, advice, consultancy and services for UK industry. As an independent, business-led organisation, CBBC supports British companies of all sizes via its extensive office network in the UK and China, providing Business Services, Practical In-Market Assistance and Industry Initiatives. For further details see www.cbbc.org
About BDO Stoy Hayward LLP BDO Stoy Hayward is the UK member firm of BDO International - the world’s fifth largest accountancy network with more than 600 offices in over 100 countries. One of the things that sets BDO Stoy Hayward apart as a business adviser is an enthusiasm for manufacturing – particularly in electronics, apparel, industrial products, consumer goods and the automotive industry. Tapping into the specialist expertise of its colleagues and the extensive network of its offices in both the UK and China, BDO Stoy Hayward provides its clients with a whole set of services for your China strategy. For further details please see BDO Stoy Hayward’s ‘China unlocked’ brochure or visit www.bdo.co.uk.
About Ian V Hughes A Chartered Accountant by profession, Ian V Hughes’ background is in consumer and personal care products. He was General Manager for Clairol (China) between 1995 and 2002. He is a long term resident of Guangzhou and now runs his own consultancy service developing strategy and cost models for new market entrants.
Contact Details
Linda Rosen
China-Britain Business Council
102 Wellington Street
Leeds
LS1 4LT
Telephone:0113 247 1584
Email:linda.rosen@cbbc.org
UK Trade & Investment Contact: c.gamage@birminghamchamber.org.uk
Source UKTI
