Bright Business Consulting LLP

Monday, July 16, 2018

The Country

China is located in the eastern part of Asia, along the western border of the Pacific Ocean. It extends for a distance of 5,500 km from North (from the Heilongjiang River, north of the River Mohe in Heilongjiang province  to South (to the Zengmu Reef of Nansha archipelago); 5,200 km from East (the confluence of the Heilongjiang and Usulijiang) to West (on the Pamir plateau in Xingjiang).

Most of China's land area is comprised in the temperate climate. The southern part of China is located in the tropical and subtropical area, while the northern part is in the Ice Area. China has a very complex morphology, due to the strong climate differences. From the long winter of Heilongjiang, to the tropical climate that lasts all year round on the island of Hainan, from the eternal spring of the plateau of Yunnan and Guizhou, to the extreme temperature changes in the North- western China, from the cold climate of the' plateau of Qinghai-Tibe, to the hot and dry climate typical of deserts. The complex morphology and the varied climate create differences in the natural landscapes and customs of the inhabitants of this vast Country.

China occupies an area of 9.6 million square kilometres, a quarter of the Asian continent and has a population of over one billion three hundred million people. Such figure represents about one fifth of the world population and makes China the most populous state in the world. It is a young Country in which young life expectancy is 73 years old and residents aged between 15 and 65 years account for about 70% of the whole population. The plain along the lower stream of the rivers Changjiang (Yangtze) and Qiantangjiang, the delta of the Pearl River, the Sichuan Basin and the plain of Huanghuai, are the most populated areas of China.

The history of China is the oldest in the world; it dates back more than 5,000 years ago. It can be said that the human presence and the first signs of civilization existed during the first period of the Stone Age. After the first primitive stage in the 21st century B.C. a first form of civilization starts taking life. With the birth of the Qin Dynasty in 221 BC, China entered the feudal era, followed by the Han dynasties (206 BC - 220 AD), Tang (618-917), Song (960-1279), Yuan (1271-1368), Ming (1368-1644) and Qing (1644-1911). During this long period of time, China has built a great civilization, which is the foundation of human history. The perfect fusion technique of bronze, the unique technology of working with clay, the Great Wall, the beautiful imperial gardens and residences from different architectural styles, still impress today.

China is a nation formed by the union of 56 different ethnic groups, the main ones are: the Han, Mongolian, Hui, Tibetans, Uighurs, Miao, Yi, Zhuang, Puyi, Korean, Manchu, Dong, Yao and others. The Han group accounts for 92% of the total.

Chinese is the official language of China, one of the five languages used by the UN.

The State guarantees the right to freedom of worship. All religious activities are protected by the Constitution.

The religions practiced in China are Buddhism, Islam, Taoism and Christianity

In China, there are three major traditional festivals, the Spring Festival, the Lantern Festival and Mid-Autumn Festival. Popular tradition defines that the first day of the first month of the lunar calendar, the cold hard welcomes the spring. On this occasion, the Chinese celebrate happily and solemnly the Spring Festival. The 150th day of the first lunar month celebrates instead Yuanxiao's Day, also called the Feast of Lanterns. According to popular tradition, during the celebrations the Yuanxiao will be eaten (a typical cake made with glutinous rice flour) and families gather. Last, the Mid-Autumn Festival which falls on the 150th day of the eighth lunar month. Also according to tradition, during this festival, people offer sacrifices to the moon and eat moon cakes that in China symbolize reunion, love and family happiness.

Since the founding of the PRC, which took place on October 1, 1949, China has seen the birth of a new era that has brought this country to a considerable change.

The capital of the Republic of China is Beijing, that is Peking, is located in the northern plains of China. Beijing is characterized by a continental climate with cold, dry winters. This city has a long history and is known as one of the oldest capitals in the world and is the political, economic and cultural Country; it is an important hub for communications and a large international metropolis. About 700,000 years ago, Homo pekinensis lived here. Today, thanks to the rapid development of economy and culture, Beijing has become a major international city, but Shanghai is the real star of the world economy.

The People's Republic of China is a socialist state, in which all government offices are from the Chinese Communist Party (CCP), which, having no formal political opposition, holds an absolute pre-eminence. The legislative power has as its supreme organ the National Assembly of the People, whose 2,989 members are elected every five years by the provinces, by the autonomous regions, by municipalities and by the army. The Assembly normally meets once a year, it elects the President of the Republic, the Prime Minister, the Council of State and constitutes a Standing Committee, consisting of 155 members who shall exercise the legislative functions in the intervals between sessions. The People's Political Consultative Conference has a purely consultative role. The executive power is exercised by the President of the Republic who is also General Secretary of the CPC and President of the Commission of the Central Committee of the CCP. An important role is played by the Military Commission of the CPC Central Committee, a governing body that controls the military section of the People's Liberation Army, the police and the militia, the three armed forces of the Country.

The currency having legal circulation in the People's Republic of China is the renminbi more commonly called Yuan whose acronym is "RMB", from the name of its base unit. Issued by Bank of China, which in mid-2005 abandoned the fixed exchange rate system to comply with the currency exchange, thus hooking its currency to the dollar.

The skills and knowledge of Bright Business Consulting LLP together with many other elements allow everyone (individual physical and/or legal entities) to have access to this Country with appropriate "Warranty & Assistance" both for a life-changing experience and for a diversification of its businesses, as well a san increase in the turnover of their business.

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