Networking is a crucial part of conducting business in China and the business-networking scene is very active. CRCC Asia will help participants maximize networking opportunities by keeping you informed of all relevant events. We have strong contacts with various Chambers of Commerce in China that hold regular events throughout the month.
In addition, we regularly run networking events with students from China’s top universities, including Peking University and Tsinghua University. This will enable you to meet high-flying Chinese students who will be the leaders of tomorrow, and to create lasting guanxi which will be useful if you return to China in the future.
What is guanxi?
Guanxi(关系 pronounced gwan-shee) is an idea central to Chinese culture and society, and is especially important in the context of business. It refers to personal networks of influence and relationships. The exact meaning ofguanxi is subtle and multifaceted, and is loosely translated as ‘networks’ or ‘relationships’. It evokes depths of feeling, moral obligations and social status as well as favours to be done and debts to be repaid.
Why is it important?
Guanxi is very important for those looking to live in or work with China in the future and understanding guanxi is crucial in understanding China’s business environment. Long-term relationships built on mutual respect and trust is the best way of developing guanxi. This can open unexpected doors and present real opportunities to businesses and individuals working in China.