Telecommunication Investment in China

1. Telecommunication Investment in China Presented by : Yingying Weng

2. What`s the telecommunication? Telecommunication is the transmission of information, over significant distances, to communicate, such as telephone, Internet etc.

3. ABOUT CHINA • Current economic situations • Current Political situations • Unemployment • inflation rate • Demographic situation

4. Current economic situations • China is the world`s second largest economycountry after the United States. It is the world's fastest-growing major economy, with average growth rates of 10% for the past 30 years. China is also the largest exporter and second largest importer of goods in the world. China became the world's top manufacturer in 2011, surpassing the United States. GDP growth 10.46% .

5. Current politic situation • China is a socialist country ,which the means of production are publicly or commonly owned and controlled co-operatively .A primary goal of socialism is social equality and a distribution of wealth based on one's contribution to society, and an economic arrangement that would serve the interests of society as a whole.

6. Unemployment

7. Inflation rate Inflation has been a pressing issue for China these months and the government has assigned top priority to measures to curb inflation and prevent overheating of the economy

8. Demographic situation • Population: over 13 billion • Growth rate : 0.47% • Birth rate : 13.71 births/1,000 population • death rate :7.03 deaths/1,000 population • Life : 73.18 years

9. Conditions of applying for business loan • Operating Agreement • Privacy Statement and Consent forms signed by all parties • Tax File Number / ABN / ACN (if available) • Company Name register • All signatories who will need to present Photo ID at their nearest branch or provide certified copies of ID • Credit is good, no criminal record, and to provide a bank approved by the mortgage.

10. China main telecommunication companies • China Telecommunication -China Telecom • China Union Communication Corporation ---CUCC • China Mobile Communications Corporation---CMCC

11. China Telecommunication • China Telecommunications Corporation is an extra-large State-owned telecom operator in China, and was selected into the Top 500 Global Corporations for many consecutive years. China Telecom mainly provides the integrated information services including the fixed-line telephone, mobile service, Internet connection and applications services .

12. China Telecommunication • Products: Voice services, Mobile servicesInternet Broadband • Revenue : $30.630 billion (2009) • Net income: $2.142 billion (2009) • Employees : 312,520 (2010)

13. China Union Communication Corporation China Unicom have covered all the world of modern communication network ： regular correspondence service, mobile communications, both domestic and international communication facilities and services, the international business correspondence service line and data, network access of telecom services and value added services, information and communications service of the relevant systems integration services etc.In 2009 , China Unicom get 3G licences .

14. China Union Communication Corporation • China Unicom in the country of 30 provinces, autonomous regions and municipalities directly under the established more than 300 branch or subsidiary. • At the end of 2008, the assets scale achieve 526.66 billionYuan, have employee 46,300.

15. China Mobile Communications Corporation China mobile provides mobile voice and multimedia services through its nationwide mobile telecommunications network, the largest of its kind in the world. Also the most valuable mobile telecommunications company in the world . As of March 2011, China Mobile is the world's largest mobile phone operator with over 600 million subscribers .

16. China Mobile Communications Corporation • Products : mobile services, value-added mobile services, IP telephony • Revenue : $73.366 billion (2010) • Net income : $18.147 billion (2010) • Employees 145,954 (2009)

17. Advantages of investing in telecommunication • China have over 1.3 billion people that are big market for telecommunication industry . • Currently , Chinese people's living standards continue to increase ,mobile phone prices are falling down that are good opportunity for investing in telecommunication . • Optic fibres, cables strong demand in the market, manufacture hope that by improving raw the scale of costs. That also are good news for investing in telecommunication in China . • In China, products price and wages are low than other countries.

18. Disadvantages of investing in telecommunication • In China , telecommunication industry competitive are very strong . Specially , the 3 main telecommunication companies which are very mighty . They are stand very important position in China telecommunication industry .

19. Investment taxation • There are 10 kinds of taxes currently applicable to the enterprises with foreign investment, namely: Value Added Tax, Consumption Tax, Business Tax, Income Tax on Enterprises with Foreign Investment and Foreign Enterprises, Individual Income Tax, Resource Tax, Land Appreciation Tax, Urban Real Estate Tax, Vehicle and Vessel Usage License Plate Tax, and Customs Duties.

20. THANK YOU FOR YOU LISTENING !