• Attractive quality-to-cost ratio of Chinese manufacturing operations

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• Access to China’s growing market for imported goods and services

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• China is the world’s leading trading and manufacturing nation based on output

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• China GDP topped $10 trillion in 2014, second only to the United States with a growth rate that has consistently reached between 7 and 10 percent over the last three decades. As the economy matures, the annual GDP growth is still expected to exceed 5 percent

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• More than 300 million people in China are considered middle class today, with its urban middle class expected to reach 70 percent of its population by 2030

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• The WFOE company offers foreign enterprises independence and freedom to implement the global strategy of its parent company without the obligation to consider the involvement of the Chinese partner

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• A WFOE has the ability to formally conduct business as oppose to only performing a representative office function. It can issue invoices to customers in RMB (Chinese Currency) and also receive revenue in RMB

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• A WFOE can convert profits earned in RMB to US dollars. Remittance can be made to the parent company outside China

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• Protection of intellectual know-how and technology

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• A WFOE offers greater operations, management and developmental efficiencies