Breakthrough

Author: Editorial Department of "Business Week China"
Publisher:
Publish Date: 2006-01-01
Features: Winning Strategies for Multinational Corporations and Chinese Enterprises in the Accelerated Globalization Era! China aims to overcome past obstacles and re-integrate into the world stage, becoming a major global power. This is a process and it is unstoppable. — Rolf Gremer, Vice Dean of CEIBS (China Europe International Business School)
Whether it's a large or small enterprise, it must have a vision. This is a decision that top management must make and remember this long-term vision. — Kiyomi Kojima, Chairman of Sony China Limited
Once an enterprise has core competitiveness, can this competitiveness be cloned? Can China's success be replicated globally? This is the key point. If the answer is affirmative, then crossing the boundaries of development should not be a problem. — Liu Jun, Senior Vice President of Lenovo Group
China is creating a path. Will China become an excellent world manufacturing hub, or will it become a world innovation center on par with the United States? — Kai-Fu Lee, Global Vice President of Google
"Crossing boundaries" means that Chinese local enterprises should place themselves in a global perspective to judge their opportunities and challenges. — Chen Feng, Chairman of Hainan Group
China's importance in economic globalization is growing. Not only are more multinational corporations focusing on China, but Chinese companies are also becoming an indispensable force on the world economic stage. However, this does not mean that multinational and Chinese enterprises face smooth sailing on their respective development paths. Both will encounter challenges of constantly changing markets. Multinational corporations, after nearly two decades in China, need to reassess the Chinese market, while Chinese companies must reevaluate the complexity of overseas markets. Only then can they cross boundaries, resolve their respective challenges, learn from each other, and jointly explore new development strategies.
There are many books on globalization, but the unique value of this one lies in the fact that reporters from a leading Chinese business magazine document the transformation of Chinese business under the wave of globalization and the process of its integration with the global business community. In 2005, the internationalization of Chinese companies captured global attention, and the competition of multinational corporations worldwide, especially in emerging and developed environments like China, entered a new phase.
In this book, you can witness the difficulties and challenges Chinese companies face in their internationalization efforts. Fu Chengyu, Li Dongsheng, and Liu Chuanzhi will share their heartwarming journeys in China's corporate internationalization. Moreover, this book is not just about documenting this historic change but also aims to provide a broader historical perspective. By comparing with Japanese and Korean companies, it explores the evolution of China's business society and the process of its integration into the global business landscape.