Countries Available - China - Beijing

Beijing

The Capital of the People’s Republic of China. As the Encyclopedia Britannica describes it, “one of the world's greatest cities”.

China has seen double digit growth for over a decade. Impressively, the Chinese economy surpasses growth target of 8%for 2009, as the rest of the west languished in recession.

Investors from all quarters want to do business in, or with, China. There is only one place to be. The future is China, and the time is now.

Beijing is emerging as the international centre of China, between the two major financial centres of Financial Street (known as the “wall Street” of China), and the Central Business District.

The Financial assets of Beijing Financial Street accounts for 60% of the entire country, with over 10 billion RMB cash flow each day, and over 13 trillion RMB total assets. It controls 90% of national loans and 65% of national insurance premiums, which makes Beijing the country’s largest monetary and financial market.

deVere Office:

Situated in the Central Business District.

This is the primary area of finance, media and business services in Beijing, China. Beijing CBD occupies 3.99 square kilometre of the Chaoyang District on the east side of the city. Geographically situated to the east of the city centre, the deVere office is located between the 3rd and the 4th Ring Road. Beijing CBD is currently undergoing large-scale development. Some say that the city is equivalent to Mayfair on the China Monopoly Board. The CBD area is said to double in size over the next eight years. The bold new plan is aimed at attracting more major multinational corporations, and create as many as 100,000 new jobs.

Transport: The office is conveniently situated on Beijing’s line 1 Central Beijing Metro line. The predominant form of transport is however by taxi, with cost being approximately £1 for the first 3km, and 20 pence per km thereafter.

Cost of living: Single consultants and coordinators tend to live within walking distance of the office. Basic Renting costs average about £500 per month Married consultants tend to live 20-40 minutes taxi or metro away from the office, in “expat” compounds with rents being in the £800 - £1000 per month range. Taxi fees for getting to and from appointments costs in the region of about £150 per month. Normal food and livings costs apply for expat supermarket shopping, and eating out at top restaurants, but for those who want to conserve money, Chinese super markets and restaurants can be much cheaper. Consultants are required to pay one month’s rental deposit, and 2 months’ rent upfront. Thereafter, rent is paid monthly or quarterly depending on what is negotiated.

For further information about Beijing we recommend that you visit http://en.wikipedia.org/wiki/Beijing where you will find many useful links and informative articles to prepare you for your move.