China and the Global Business Revolution
China and the Global Business Revolution

Author: P. Nolan

Publisher: Springer

Published: 2001-07-26

Total Pages: 1113

ISBN-13: 0230524109

DOWNLOAD EBOOK

China has used industrial policies to try to build large corporations that can challenge those based in more advanced countries. By the late 1990s the operational mechanism of China's large firms had seen large advances. Simultaneously, a revolution has taken place in global business systems, and China's large firms are even further behind the global leaders than when they began their reforms. The WTO will require China to operate rapidly on the 'global playing field' in competition with the world's leading corporations, and this increased gap presents a deep challenge for China's business and political leaders. Peter Nolan presents here the first in-depth case studies of China's large corporations under economic reform, combined with systematic benchmarking of these firms against the world's leading corporations. The book is an unrivalled resource of information on Chinese businesses, and also leads the reader to consider the impact of China's response to its current challenges not only on China itself, but on the wider global economy.

China's Industrial Policies and the Global Business Revolution
China's Industrial Policies and the Global Business Revolution

Author: Ling Liu

Publisher: Routledge

Published: 2005-07-05

Total Pages: 209

ISBN-13: 1134253869

DOWNLOAD EBOOK

As China has blended market reforms with comprehensive industrial policies, most research has focused on the national government's strategies for economic growth. However, one of the unique characteristics of industrial policy in China is that it involves government intervention at all levels, from the political elite all the way down to village leaders. This book focuses on the domestic appliance industry, and China's three major business groups in this area - Haier, Hisense and Aucma. The Haier Group, in particular, is one of the most successful and competitive enterprises in China and is very well-placed to compete globally as the Chinese economy becomes more integrated with the world trading system. This volume shows how industrial policy is formulated at the national level and implemented at the local level, and examines how local government frequently intervenes in local enterprises' business strategy and management. Of practical importance, this book provides academics, business people and policy makers with valuable insights into the development process and a concrete understanding of the challenges faced in the global business revolution by one of the world's most dynamic economies.

Chinese Firms, Global Firms
Chinese Firms, Global Firms

Author: Peter Nolan

Publisher: Routledge

Published: 2014-04-11

Total Pages: 231

ISBN-13: 1317964519

DOWNLOAD EBOOK

China has achieved remarkable, sustained economic growth under the policies of ‘reform and opening up’ put into place since the late 1970s. China’s industrial policies have nurtured a large group of firms with high profits and a high market capitalisation. However, few people in the West can name a single Chinese firm. During the modern era of capitalist globalisation firms from the high income countries have spread their business systems across the world. This has presented a profound challenge for industrial policy in developing countries, including even China, the world’s second largest economy. China is unique among large latecomer developing countries in having reached the position of being a huge, fast-growing economy, with a tremendous impact on the rest of the world, but lacking a substantial group of globally competitive firms. This volume explores this paradox. Fully understanding the industrial policy challenge that the era of capitalist globalisation has produced for China is essential for harmonious international relations.

China and the Global Economy
China and the Global Economy

Author: P. Nolan

Publisher: Springer

Published: 2001-05-09

Total Pages: 250

ISBN-13: 0230599281

DOWNLOAD EBOOK

This book tells the story of China's emergence as a major economic power and the huge impact this will have on world business. Over the last five years Peter Nolan has conducted a major investigation into Chinese industry, its economic structure, and the opportunities for growth in the future. As one of just four world experts invited by the Chinese Government to consult on their application to joint the World Trade Organisation he has worked closely with the heads of Chinese industry and with many foreign multinationals operating in China. China and the Global Economy is an executive summary of the opportunities for business in one of the largest markets in the world, by one passionate about its possibilities for the future.

China's Industrial Policy Transformation: Theory And Practice
China's Industrial Policy Transformation: Theory And Practice

Author: Hanquan Huang

Publisher: World Scientific

Published: 2021-03-12

Total Pages: 358

ISBN-13: 9811224099

DOWNLOAD EBOOK

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.

China's Evolving Industrial Policies and Economic Restructuring
China's Evolving Industrial Policies and Economic Restructuring

Author: Zheng Yongnian

Publisher: Routledge

Published: 2014-07-11

Total Pages: 285

ISBN-13: 1317818806

DOWNLOAD EBOOK

In the past three decades, China has successfully transformed itself from an extremely poor economy to the world’s second largest economy. The country’s phenomenal economic growth has been sustained primarily by its rapid and continuous industrialisation. Currently industry accounts for nearly two-fifth of China’s gross domestic product, and since 2009 China has been the world’s largest exporter of manufactured products. This book explores the question of how far this industrial growth has been the product of government policies. It discusses how government policies and their priorities have developed and evolved, examines how industrial policies are linked to policies in other areas, such as trade, technology and regional development, and assesses how new policy initiatives are encouraging China’s increasing success in new technology-intensive industries. It also demonstrates how China’s industrial policies are linked to development of industrial clusters and regions.

China's Industrial Revolution and Economic Presence
China's Industrial Revolution and Economic Presence

Author: Manoranjan Dutta

Publisher: World Scientific

Published: 2006

Total Pages: 326

ISBN-13: 9812564659

DOWNLOAD EBOOK

This text aims to shed light on the country's rapid industrialization and internationalization by looking at questions such as: Can China sustain its accelerated rate of growth? and Can labor supply be sustained at a relatively low wage rate?

China's Centralized Industrial Order
China's Centralized Industrial Order

Author: Chen Li

Publisher: Routledge

Published: 2014-11-13

Total Pages: 227

ISBN-13: 1317910559

DOWNLOAD EBOOK

This book is about the political economy of China’s industrial reform and the rise of a group of Chinese big businesses under the Communist Party and the central state’s control. It examines the origins, evolution and institutional configuration of this centralized system in governing the ‘commanding heights’ of the Chinese industrial economy. Shaped by persistent industrial policies to develop China’s ‘national champions’ enterprises, the core parts of China’s central industrial ministries and mono-bank system have been transformed into a ‘national team’ of giant modern business firms in industries such as oil, power generation, telecommunications, aerospace, aviation, nuclear, shipbuilding, mining, construction, automobile and banking. Through an adaptive process of learning, experimentation and restructuring, the bedrock of the authority relations and control mechanisms among the Party, government bureaucracy and firms has been consolidated rather than dismantled in the system’s transformation. This alternative view of China’s industrial reform presents a direct challenge to the neo-liberal transition model of China’s institutional development and the mainstream Western conceptions of Chinese big business.