Transformation And Upgrading Of Chinese Enterprises

This book discusses the experience of enterprise transformation and upgrading and the role of government in promoting this dramatic change in Asian emerging economies. The author specifically explores the direction, influencing factors, paths and modes of enterprise transformation and upgrading by conducting intensive case studies on a number of enterprises having accomplished upgrading in mainland China and Taiwan, and draws experience and lessons from them. These theoretical and practical insights have great significance for Chinese enterprises in improving their ability to respond to drastic external changes and provide useful reference for the formulation of government policies.

This book, first published in 1996, provides an in-depth examination of China’s changing business environment as it continues to develop its business infrastructure. Leading experts from Asia and Europe present their research into developments in China. Issues include political evolution, foreign trade expansion, foreign direct investment, the distribution system, economic reform, industrial relations and HR, economic growth and the market entry strategies of foreign manufacturers.

This book describes and analyzes the new problems and challenges faced by China's non-governmental enterprises. In the post-WTO era, which has been particularly affected by the international financial crisis, there will be many problems and challenges that need to be faced in the development of non-governmental enterprises. In order to achieve sustainable economic and social development it is especially important to promote non-governmental enterprises. The book demonstrates the necessity and urgency of China's non-governmental enterprises’ organizational innovation, technological innovation, management innovation and promotion of international development. Finally it proposes strategic choices and suggestions to achieve greater development of China's non-governmental enterprises.​

This book examines suitable approaches to and makes policy suggestions on China’s industrial upgrading according to the requirements of the transformation of economic growth. It is divided into two major parts, the first of which provides an in-depth analysis of the impact that transforming economic growth will have on industrial development, particular regarding export policy adjustments, the rise of labor wages, and the development of a low-carbon economy, offering valuable insights into the difficulties entailed by the transformation process. In turn, Part II discusses the paths chosen for China’s industrial upgrading, examines its past failures and current orientation, and puts forward corresponding policy suggestions for the future.

The phrase ‘New Normal’ captures the ongoing shift in the pattern and drivers of China’s economic growth. China’s new growth rate is both slower and imposing difficult structural change. These new economic conditions are challenging yet offer opportunities for China and its economic partners. Reforms must be deepened but also make growth more inclusive and environmentally sustainable, over this decade and beyond. This year’s Update offers both global context and domestic insight into this challenging new phase of China’s domestic economic transformation. How are policymakers elevating migrant workers concurrent with increasing consumption? Is China’s government spending enough on education and R&D to ensure it can achieve its aspirations to ascend the global manufacturing value chain and avoid the middle-income trap? Are energy market reforms reducing or increasing the price of gas and electricity in China? What are the consequences of China’s financial reforms and expanding Renminbi trading for foreign banks? What does China’s new growth model mean for the international resources economy and for Africa? Do SOEs face market conditions and are they dominating China’s fast-rising outbound investment? What is China’s strategy for navigating fragmented international trade policy negotiations?

The debate on industrial policy has been in full swing among the academic circles in recent years. The crux of this debate is not whether China needs industrial policies, but rather, the kind of industrial policies it wants. Given the profound changes to the domestic and international environments, and institutional background during China's industrial development, industrial policies must be able to make up for 'market failures,' while avoiding 'government failures'. To this end, it is suggested to establish a 'market-friendly' industrial policy system dominated by functional industrial policies, in accordance with the requirements of building an 'interactive and cooperative' government-market relationship to help transform and upgrade China's industries.

This book discusses the feasible breakthrough of emerging economy enterprises in participating the international division of labor led by developed countries and gradually standing at the top end(s) of the value chain based on a deep understanding of the practice and upgrading opportunities of Chinese enterprises. On the basis of re-understanding the theory of global value chains, this book puts forward and expounds the concept of restructuring the global value chain. This book analyzes the background,motivations, paths and effects of enterprises in emerging economies to reconstruct the global value chain and develops a theoretical system to explore the deep-seated logic behind enterprise upgrading. This book concludes that the transformation and upgrading of Chinese enterprises are the most critical initiatives in seeking a new balance in the world economy. This book involves dozens of manufacturing enterprise cases in Chinese mainland and Taiwan. It is of great value to the research and policy study of enterprise upgrading and the participation in global competition.

This book examines the economic, cultural and structural factors affecting China's economic growth, and expounds why China's economy has been so successful in the past, and the challenges that lie ahead for the country amidst the changing world, new challenges and uncertainties. The authors lay out their thoughts persuasively and powerfully, advocating changes that should be implemented in order to achieve a successful economic transformation of China's economy. Through an exchange of ideas among the four Chinese authors, each of whom hail from different backgrounds, practical solutions are presented in the book.