How to register an
high-tech company in China
The
American Office of the statistics (Census)
created a category "advanced technologies" which corresponds to
products answering the following criteria: the used technology has to stand out
from a high-technology recognized sector (for example the biotechnologies, the
information technologies) and must be state-of-the-art.
Register as high-tech Company
in China
In China, according
to SJ
Grand, a company cannot register as "high-tech" and to be
certified as such as if it enters the categories mentioned above and if she
answers the following conditions: at least 30 % of his staff has a level of
studies upper or equal to the first university cycle; more than 5 % of the
income of its sales is dedicated to the search and to the development (R*D);
and more than 60 % of its sales concerns technological services and high-tech
products.
Chinese statistics on the
business of high technologies
Until 1998,
the Chinese statistics on the business of high technologies included the
computing and the telecommunications, the life sciences, the aerospace industry
and the aeronautics, the electronics, the armament, the industrial automation,
the nuclear technologies, the biotechnologies, and the state-of-the-art
materials. Since then, the armament and the nuclear technologies do not appear
there anymore, but appeared a new category - " other technologies " -
which is most probably the combination of the armament and the nuclear
technologies.
Not
high-tech category could be subdivided into various levels, according to the
technological intensity, and to the profit and to the added value which result
from it, according to Daxue Consulting leader, Matthieu
David. Let us take the example of computers: the first level is the central
processing unit and the operating system, dominated by the model Wintel
(microprocessors of Intel, operating system and main applications of
Microsoft). The second level, which includes elements-keys as integrated
circuits, memory chips and screens, presents a higher level of risk but also
profit.
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| Daxue Consulting is a firm which support foreign high-tech investor in China |
The lowest
third and level is the one of the assembly and the manufacturing of finished
products; the technological level is lower whereas the logistic costs are
higher, the advantages consist of economies of scale, sales and located
services. Apparently, China is essentially limited at this lowest level.
Mysimax
is a China-based company looking to provide high-tech in emerging country. Its
founder, JX
Paulin, who is also an expert on China high-tech landscape, told us the
complexity to register a high-tech company in China.
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