Starting individual business, opening company business or online shops in a different country can be challenging, but also most profitable as long as you have clear plans and strategies for your business career and most importantly, picking the right business field. Choosing the right business for you to start depends on various factors, such as skills, interests, resources and the market demands.
If you are currently studying in China and have plans to start your business career in China, here we will introduce some potential ideas for you.
1. E-Commerce Business
China has the world’s largest e-commerce market, with a rapidly growing number of online shoppers. Starting an e-commerce business that sells niche products or targets a specific audience could be a lucrative opportunity. In China, online shopping has become the major path for young consumers, and there are a number of video and streaming platforms where streamers and shopowners promote their products and services. Pay attention to the recent popularity trends and hot selling spots, you will can find a ways to create your own business mode.
2. Language School
As an international student, you have the advantage of being a native speaker of a language that many Chinese people currently don’t know and want to learn. You could start a language school that offers classes in your native language or helps Chinese students improve their English skills. Though in Chinese High Schools and Universities there are English language courses, it is always better to learn a foreign language from a native speaker. For now an increasingly number of graduates are intended to study abroad, thus a language school is also a good choice for you in China.
3. Food delivery service
With the rise of online food ordering and delivery services in China, starting a food delivery business could be a viable option. You could partner with local restaurants to provide their food to customers or prepare your own meals and sell them through your delivery platform. Also it is not common that Chinese people can try food from other countries, thus if you are good at making the dishes from your own country, you probably can start a restaurant of your country’s style and food, which may brings you considerable profit and promote your country’s culture at the same time.
4. Tourism-related business
China is a popular destination for tourists, and starting a tourism-related business, such as a travel agency, a tour guide service, or a souvenir shop, could be a profitable opportunity. However this requires a lot about your knowledge of Chinese culture, history and tourist attractions, because the tourist attractions of China usually are built or formed with a specific meaning. If you have stayed in China for already a long time, known about and had your own ideas and understandings about China, this direction can prove to be beneficial to you.
5. Online tutoring service
The demand for online education has surged in China, and you could leverage your academic background to provide online tutoring services to students in subjects that you excel in. If you had done well in your previous study periods in some subjects, especially Maths and other science-related subjects, this is a really good choice, as now Chinese students have been pushed and encouraged greatly to achieve higher grades in all study periods. As long as you think of yourself as a worthy teacher that can help students sharply increase their scores, it must be a good job for you.
These are just a few ideas to get you started. It’s important to conduct thorough research and assess the market demand and competition before starting any business in China. Additionally, ensure that you comply with all legal and regulatory requirements for starting a business in China as a foreigner. Nothing is impossible as long as you have spent more than enough on it.
For you who are now studying in China, wish you all good luck in university and your future career.