Chin A Better Market For New Entrepreneurs - 886 Words

China Is a Better Market for New Entrepreneurs Than the U.S. Most of the people believe the U.S. have the best economic system and the most mature market in today’s world, it should be the best market environment for most of the new business or new entrepreneurs; however, in the recent years some Asian markets are also developing rapidly, the most outstanding one is the Chinese market. With the Chinese government’s strong internal motivation and aggressive import and export policy I believe it is truly the best market for new entrepreneurs. Market environment will affect business’s development and influence their strategy outcomes. In another word, selecting a good market to start-up a new business is a half of success. Focusing on the historical data, we can easily find out that China’s average annual growth for the last three decades were 10%, In 2014 according to the global recession this number dropped to 7.4% (Walker, 2015). Even through China’s economy looks like stumbling but the data still present that Chinese market is better than the U.S. since the U.S. average annual growth for 2014 was 2.4%, which is still far away from the late ninety’s 4% annual growth rate (Mitchell, 2015). Perhaps many economists will not be convinced by the data which provided above. What is more, some of them even predicted that China may have a hard landing in the near future, which means an economic growth slowdown or even a recession (Walker, 2015). However, comparing the U.S. economyShow MoreRelatedManaging Entreprise On Health Care Sector1697 Words   |  7 Pageshave only limited knowledge of the information of entrepreneurs, business opportunities and the skills and knowledge that people used for organizing and make use of a resources opportunities and suitable environmental conditions for these activities. Changes are one of the important factors in a health care sector. 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