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GROUP PROFILE

ID NAME

301 NAZNIN SULTANA

311 AKASH CHANDRA DAS

316 SAKIB AHMED

317 MD. KHURSHED ALAM

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AKASH CHANDRA DAS
ID: 311

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 ECONOMY OF CHINA

Population 1.42 Billion

$14.092 trillion (nominal; 2018 est.)

GDP $25.238 trillion (PPP; 2018 est.)

2nd (nominal)
GDP Rank 1st (PPP)

Agriculture: 8.6%,
GDP by Sector industry: 39.8%,
services: 51.6% (2016)
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 ECONOMY OF CHINA

• Manufacturing Industry

• Mining Industry
Primary
• Energy Industry
Industries
• Agriculture Industry

• Service Industry

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 MEETINGS & NEGOTIATIONS

• Chinese people are punctual.

• Must arrive before given time of meetings.
• Asking too many questions is normal.
• Patience is important.
• Chinese managers take time before
accepting anything.
• Rejection can come in last minute.
• Reciprocity is Important.

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NAZNIN SULTANA
ID: 301

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 TECHNICAL COMPETENCY

• Primary Criteria is Technical

Competency.

• Highly skilled workers are preferred.

• Managers must know both technical

and creative side of any product.

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 Young vs Senior

• Senior managers are preferred

• Promotions are based on seniority

• Seniors are perceived as Experienced

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SAKIB AHMED
ID: 316

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 GUANXI | GOOD CONNECTION

• Very important dimensions of Chinese culture

• Lower cost for doing business
• Increased business scopes
• Higher sales revenue
• More sources of information
• Greater prospecting opportunities
• Facilitation of Future transactions
• Supports Guanxi basically to get a job done.

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 ATTRIBUTES OF CHINESE
PEOPLE

• Very good listener.

• Proud of their own Economic
accomplishment.
• Enthusiastic of sharing the feelings.
• Collective Society
• Not praising only individual
• Avoidance of Self Centered conversation

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MD. KHURSHED ALAM IMRAN
ID: 317

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 ATTRIBUTES OF CHINESE PEOPLE

• Less animated than Westerns

• Unlikely to be loud and vivid
• Likely to keep distance while conversation
• Values & Principles over Money
• Meeting starts with Pleasantries
• Adherence with Decision
• Negotiation without Emotion

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