My China Office (MCO) program
My China Office (MCO): Your International Development Package
5CGroup’s trademark My China Office (MCO) solution offers the most cost-effective business startup opportunity in China. MCO enables you to test drive your China business entry; it lets you start your business presence in China in a more practical and cost effective way. MCO is similar to your own Representative Office (RO), but with more reasonable upfront costs.
5CGroup provides all necessary infrastructure and resources to start your office while your company has full control over the business operations.
How does it work?
When a company’s management team discusses future business development, it is difficult to disregard China as an option. China offers very affordable production costs, the biggest domestic market in the world, and impressive growth rate even in a crisis period.
However, the Chinese market is difficult to access. Many companies have failed during their entry year into China because they were not able to deal with the hurdles encountered in the process of satisfying Chinese government conditions, as well as convincing local players to trust their company.
At 5CGroup we are fully aware of these challenges. We provide customized solutions to make your first step in China successful. MCO is an alternative to Representative Office; it includes a range of services provided by 5CGroup. We provides all necessary infrastructure and resources to start your office – including office space, communication facilities, full-time and part-time staff, and we handle all administration, logistics, employment, salary and welfare of the staff while your company has full control over the business operations.
We have three models of MCO, each suiting specific needs. It is dependent on your company’s level of understanding and exposure to the Chinese market conditions, business exploration capability, communication skills, and based on the nature of your services and products and the related strategy formulated for the Chinese market.
Direct Control MCO - Risk Sharing MCO - Objective Driven MCO
When you entrust 5CGroup’s administrative services with establishing and maintaining your MCO, your company’s staff can focus fully on promoting your products and services, with reduced operational costs and lower risks.
On December 25th, 5CGroup International, as the legal representative of A2Wind (a professional wind blade design company based in Germany), signed a design contract with Dawntine. One of the premier wind power companies in China, Dawntine manufactures wind blades. As a result, A2Wind looks to continue to expand into the Chinese market.
Niels Krogsgaard Eskildsen, a client of 5CGroup, has been named as 2010’s Danish Chamber of Commerce (DCCC) Entrepreneur of the year. Mr. Eskildsen chose 5CGroup to assist in establishing NKE Beijing. To this day, we are still providing consulting services.
Randall Reade, President of Global Tech Exchange, LLC, a Washington D. C.-based U. S. company, was in Hangzhou to attend the 3rd International Outsourcing Business Development Summit. Mr. Reade has been to Hangzhou several times in the past and has recently partnered with the 5CGroup International to explore ways to bring US investment to Chinese companies.
