Development Strategy of Chinese Multinational Corporations

Author: Liao Minsheng
Publisher:
Publish Date: 2001-01-01
Features: In today's world, peace and development have become a common theme for 180 countries and regions. The tide of economic globalization is surging forward, and the interdependence of national economies is increasing. In this wave of economic globalization, multinational corporations play the role of an engine and accelerator. Faced with reality, the pressure of Western developed countries' advantages in the economy and technology, as well as the pressure of hegemonism and strong-arm politics, will persist for a long time. Meanwhile, the rapid development of technological revolutions, the accelerated pace of industrial restructuring, and the intensifying international competition of multinational corporations have made the situation more challenging. The profound changes and development trends in the current world situation have brought China both unprecedented opportunities and severe challenges. The Chinese people must have a clear understanding of this, enhance a sense of urgency and vigilance, and actively strive for progress, accelerate development, strategically adjust the economic structure, vigorously develop an open economy, implement the "going global" strategy, and cultivate and grow China's multinational corporations. We must strive for new breakthroughs in utilizing both domestic and foreign resources and markets, and work to improve China's comprehensive national strength and international competitiveness. The development strategy of China's multinational corporations is a highly complex and forward-looking issue, with many views and conclusions yet to be tested, refined, and developed in practice. Comrade Liao Minsheng's monograph provides a forward-looking perspective and discussion on the development strategy of China's multinational corporations. The publication of this book will promote deeper discussions and research on this significant topic and hold positive practical significance.