Gateway to the Chinese POU/POE Market-How to Obtain a Sales Permit in China

摘要

China, as the world's most populous country, has a population of 1.3 billion, four times larger than that of the US. It is the world's second-largest economy behind the United States after 30 years of spectacular growth. Against the background of the global financial crisis, China's economy continues to expand. Historically, the country's growth has been mainly driven by exports of low-end manufactured goods. China's new development plan over the next five years calls for a deepening of the country's economic structural reform by shifting its export and investment-led growth model to one driven by technology and domestic consumption. China's POU/POE market is booming as well. Due to the lack of regulations in the water market and product innovation, there are many opportunities for foreign companies to sell high-quality POU/POE products. It is believed that in the future, China will be the world's largest POU/POE market and the biggest water consumer.