Challenges of startups in China when working with MNCs 2022

Published by C. Textor, Sep 24, 2024
According to a survey conducted in 2022 among Chinese startups that were collaborating with multinational companies (MNC), approximately 77 percent of startups indicated that having too many procedures was a major challenge when collaborating with Fortune 500 clients. Only 41 percent of startups said that a big difference in culture was an obstacle for working together efficiently.

Major challenges faced by Chinese startups when collaborating with Fortune 500 clients in 2022

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Release date

December 2022

Region

China

Survey time period

2022

Number of respondents

266 respondents

Special properties

among startups in China; multiple answers were allowed

Method of interview

Questionnaire

Supplementary notes

The survey was carried out among 511 Chinese startups that had collaborations with multinational companies (MNC), especially companies listed on the Fortune 500.

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Statistics on " Startups in China "

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General overview

5

Entrepreneurship and business environment

8

Domestic startups

8

Startup financing

6

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