Lijiang Travel Forum

If I have 50-60.000 USD is there any business opportunity in Lijiang? I'd like to set up a restaurant, a guest house or something like that. Do chinese authorities allow foreign citizens to run business activities in Lijiang? You think a business like that could be successful in that area?
thanks.

yes...with 60,000 if I see it rightly, you can set up a business...
it'll take a way before the approval and plenty of running around to different offices to get your papers...then after a few months, you realize you can start your business. Remember there are always risks in investing in China.

My Humble Opinion:
You'd be foolish to invest a sizeable amount of money in anything in China without a local partner (who you trust!) to help you. Business in China is all about connections: who you know, who needs a "favor" for what, which rules can be ignored and which must be followed, etc. These rules of business are un-written, but very important to know for success. An outsider, especially a foreigner who doesn't speak the language, will need a local who knows how the system works and can provide these connections.