The CCG’s Report on Chinese Enterprises Globalization (2017) summarizes the best practice in multiple aspects of Chinese companies going global and provides an in-depth analysis of their current situation and challenges, based on which the report proposes policy measures to effectively address the problems and control the risk Chinese companies are facing in foreign markets.
The report consists of five chapters, which are Executive Summary, Evaluation Reports, Investigation Reports, Special Issue Reports& Policy Recommendation, and Enterprises Case Studies.
The Executive Summary, as the first Chapter, provides an overview of the current status of global FDI and China’s outbound investment, and identifies the major trends and features. The findings are based on more than 3,000 case studies of Chinese enterprises collected since 2000, aiming to present a full picture of the Chinese overseas investment nowadays.
Furthermore, the Chapter One proposes solutions to address six major barriers Chinese companies have encountered while investing abroad between 2016 and 2017, including difficulties for SMEs to acquire financial resource to go global; emerging risks of investing in the countries or projects involved in the Belt and Road Initiative; Rising compliance requirement on Chinese companies investing abroad; higher risks facing cross-border e-commerce business; difficulties to transform conventional manufacturing industries into high-end intelligent manufacturing industries; and flaws in the models of overseas industrial parks.
Evaluation Reports, includes seven ranking lists of Chinese companies for their various successful experience in going global, such as “Top 50 Chinese companies going global” and the “Top 50 emerging Chinese Companies Going Global.” The ranking is based on the information CCG collected from over 300 Chinese companies that have global business presence and generated using CCG’s self-established Chinese enterprises globalization evaluation system.
Special Issue Reports, singles out some issues key to Chinese companies’ global expansion, such as how to enhance their compliance capabilities and achieve sustainable development in overseas markets, how to improve the quality and return of profit on their investment abroad; and how to push forward the Belt and Road initiatives. The report shares the insights of professional legal counselors about the issues such as how to avoid overseas investment risks and how to protect IPR.
Enterprises Case Studies,selectively include the stories of ten Chinese companies that have made remarkable achievement in globalization, such as Geely Automobile, China National Building Materials Group Corporation, Ctrip, China Everbright Limited and Huajian Group, HBIS Group ,with the hope to inspire more Chinese companies to seek global expansion.
In the Appendixes part, CCG lists all the major events of Chinese outbound investment between 2016 and 2017, to help Chinese companies track the progress of globalized development.
The participation of Chinese enterprises in the development of the Belt and Road Initiative involves successive echelons of participation, and private enterprises are increasingly involved in the initiative, the Report on Chinese Enterprises Globalization indicates.
CCG’s Blue book Report on Chinese Enterprises Globalization (2017) was published by the Social Sciences Academic Press in Beijingon Nov. 8, 2017. Deputy Editor in Chief of Social Sciences Academic Press Cai Jihui and CCG President Dr. Wang Huiyao jointly presented the report.
The Center for China and Globalization (CCG) launched its Hong Kong Council on Nov. 12, 2017. Mr. Leung Chun-ying, the vice chairman of the CPPCC and former Chief Executive of the Hong Kong SAR, addressed the ceremony. Tung Chee-hwa, the vice Chairman of the CPPCC and the first Chief Executive of the Hong Kong SAR, sent a letter to congratulate the event.