Once only the “world’s factory”, and still accounting for almost a third of global manufacturing, China has been metamorphosizing into the planet’s pioneer in production, processing and related services. The country is on the one hand expanding the business ecosystem in which foreign firms have thrived while on the other developing the technology, talent and regulatory framework for ensuring sustainable growth. Inbound and outbound opportunities abound for enterprises able and willing to navigate through disruptive business models, shifting legal landscapes and waves of consolidation, isolation and collaboration.
DaHui is a product and participant of China’s manufacturing and greater metamorphosis. For over two decades, our founding and veteran attorneys have assisted in the transition of traditional manufacturing and processing players into new economy powerhouses as well as the launching of countless start-ups in these and related areas, such as transportation and logistics. Clients regularly rely on us to enter or expand in or from China, make mammoth and complex transactions a routine matter, rest easy knowing intellectual property is well managed and protected, and help them secure the financing and regulatory space for greater innovation, market responsiveness and overall growth. But our special strengths lie in the spaces between – borders, cultures, sectors – and the risks, crises and opportunities that arise nowhere else.
While the well-known challenges from new materials and processing methods, digitization and even the proverbial “uncertainty” of the economic and political backdrop are all right in our wheelhouse, DaHui’s wealth of experience in the ever more relevant China experiments combined with our international ethos have prepared us to accompany companies poised to go from serving uniquely local needs to blazing trails across the globe. Electronic vehicles are one example (in whose experiments our firm has helped several of the leading local and foreign players): while ahead of all other countries in production and sales for several years, China’s offering has yet to truly mature, but the hold-up derives less from gaps in technology and quality than in the still-coming revolution in communication networks, smart roads and automation. As another example, businesses that can bridge the gap from 3D printing, CNC machine tools and intelligent measurement and control to fully-integrated intelligent production and digital factories – businesses that can rely on our cross-practice advice spanning from telecommunications through antitrust and environmental regulation to tax – will have an edge in China’s and ultimately the world’s manufacturing and processing industry.
With initiatives such as Industry 4.0, heralding a leap in informatization, automatization and likely complex regulation alongside supportive fiscal policy, manufacturing and processing ventures stand to gain or lose proportionately with the extent they continuously calibrate their supply chains, technical workforces, distributors, R&D, etc. in line with the latest developments in consumer demand, regulatory attitudes and the competition. With our long-standing foothold in the center of most key developments, and our finger on the pulse of China’s trends, in the manufacturing and processing industry, DaHui offers incisive, actionable advice and practical representation in all major and most minor subsectors, such as automobiles, aviation and aerospace, chemicals, construction materials, industrial conglomerates – including the more and more important related service sectors. Whether “first-ever” or day-to-day matters, we aim to understand and assist with your business needs, help deal with your business crises and find a way to your business goals.
Nov 13, 2019