China Goes Global

Mainland China businesses are going global, transforming the country from a manufacturing export platform into an overseas investment powerhouse. China Goes Global is the most thorough and up-to-date empirical analysis of the accelerating effort of Chinese companies to go global by investing overseas. It details the overall trends of this activity with respect to its sectors, channels, overseas targets, and particular firms, along the role of Chinese Government policy in facilitating business enterprise globalization. The book offers readers an enterprise level of view outward expansion by Chinese firms that is focused not only on the big-names, but also less well-known, but equally important trailblazing enterprises. In doing so it offers practical suggestions on how firms can tackle the challenges encountered when expanding outward.

As China seeks to upgrade its economic growth model by globalizing its business enterprises, we need to examine carefully and sum up the experiences of internationalization success stories that can serve as models to guide Chinese enterprises trying to go global. It is with these aims in mind that CCG and the Chinese International Economic Cooperation Society has under taken and published this comprehensive research project on the globalization of Chinese business enterprises. This book is very useful for firms intending to go global. I hope CCG will continue this research and provide intellectual support for the Chinese companies seeking to deepen their international footprint."

• Cao Dawang, Vice Chairman, Center for China & Globalization Strategic Advisory Board, Founder and Chairman, Fuyao Automotive Glass, China

  "Wang's timely, cutting edge and comprehensive study presents models, measurement matrices, theories and numerous cases studies of China's overseas direct investment. This book is a must-read for anyone wanting to understand China's potential impact on the global economy in the coming decades."
  -David Zweig, Dean, Division of Social Sciences, Hong Kong University of Science and Technology

  "Huiyao Wang has made a singular contribution to the study of Chinese globalization. In this well researched book, he examines the background of the globalization of China, including alternative models that have been used by Chinese entrepreneurs and businesses. He develop a unique and much needed ranking system for China global enterprises and recommends a list of top performers. Dr. Wang end the book with a discussion of challenges facing Chinese companies and how business leaders in China might approach these challenges with new, innovative solutions."

• Ilan Alon, Ph.D., Professor of Strategy and International Marketing, Editor, International Journal of Emerging Markets

  Autorentext

  Dr. Wang Huiyao is the Founder and President of CCG and also serves as a Counsellor of the China State Council Office. He has published nearly 50 books and over 100 articles on China and globalization, focusing on the worldwide circulation of Chinese talent and Chinese firms investing abroad.

  Dr. Miao Lü is Executive General Secretary for CCG and the China Global Talent Society of the Ministry of Human Resources and Social Security. She has been a visiting scholar at New York University's China House and the Fairbank Center, Harvard University, and published books on Chinese Talent circulation and global think tanks.

  Inhalt

  Chapter 1 Scholarly Context of this Book
  The Secondary Literature on Chinese Outbound Investment and this Book
  Unique Features of this Study of Chinese Foreign Direct Investment
  Plan of this Book

  Chapter 2 Overview of Chinese Enterprise Globalization
  Background
  The Present Situation and Features of Global FDI
  Current Situation and Characteristics of Chinese Enterprise Globalization
  Problems in the Globalization of Chinese Enterprises
  Suggestions for Promoting the Globalization of Chinese Enterprises
  Conclusion

  Chapter 3 Ten Models for Chinese Companies Going Global
  Introduction
  Analysis of Environmental Factors
  Ten Models for Chinese Companies Going Global
  Summary

  Chapter 4 Evaluation System and Rankings
  Theoretical Research on Evaluating Globalization of Chinese Enterprises
  Evaluation system for Chinese enterprises' globalization
  Weighting of each factor
  Conclusion

  Chapter 5 CCG Recommended Rankings on Chinese Companies Going Global
  Top 50 List of Chinese Firms Going Global: Established Globalizing Companies
  China's Top 10 Globalization Performance (2012-2013)
  Top 10 Cross-Border M&As by Chinese Enterprises
  Top 50 Overseas Listed Chinese Companies,2013-2014
  Chinese Top 50 New Globalizing Enterprises
  Top Globalizing Chinese Enterprises: Summary and Trends
  Case Study of Chinese Top New 50Globalizing Enterprises
  Appendix

  Chapter 6 'Going Global Strategy'and GlobalTalent
  The Current Situation and Problems for Chinese Enterprises in 'Going Global'
  The Situation and Causes for the Global Talent Shortage Affecting Chinese Enterprises Investing Abroad
  Advices on How to Train and Introduce Global Talent

  Chapter 7 Challenges and Strategies of 'Going Global'
  Challenges and Faced by the Chinese Main ODI and Possible Measures for Overcoming them
  Challenges of Chinese ODI and Measures for Overcoming Them: A Regional Perspective
  Other challenges and Countermeasures in Chinese Overseas Mergers and Acquisitions

  Chapter 8: One Belt, One Road and Future Directions for Chinese Outbound Investment
  'One Belt, One Road' and China's Growing Role in Global Economic Governance
  Impact on Chinese Outbound Investment
  Risks and Countermeasures

  Appendix: Statistical Overview and Analysis of Chinese Outbound Foreign Direct Investment

  Appendix Excel Document on Individual Enterprise Globalization