In an attempt to make sense of the complex process of adaptation that Chinese enterprises must go through in the course of “going out”, this book provides a multidimensional analysis of the driving forces, legal and systemic hurdles, as well as the risks and opportunities that Chinese enterprises must consider as they seek greater fortunes beyond their own borders.
Comprehensive surveys conducted on a range of enterprises provide the foundation for an overview of the current state of Chinese companies operating overseas and developing trends in their overseas investment. Specific topics include key challenges that companies face, their strategies and ultimate goals, as well as their practical experience in investing abroad, especially in Belt and Road countries. Also included are the insightful views of experts, scholars and entrepreneurs with a wealth of experience in transnational investment in areas related to the globalization of Chinese enterprises, including regional investment risk, overseas talent strategies, legal and compliance issues, and even the role of technology and the Internet in cross-border e-commerce, just to name a few.
It is our hope that this book will help readers better understand the current state of Chinese enterprises expanding globally, but even more importantly, we hope to provide valuable information for individual enterprises looking to “go out”, helping them clarify their investment strategies, make the most of opportunities, manage challenges and take their business to the next level.
Henry Huiyao Wang Ph.D. is the Founder and President of Center for China and Globalization(CCG), a think tank ranked among top 100 think tanks in the world. He is also Dean of the Institute of Development Studies at China’s Southwestern University of Finance and Economics, Vice Chairman of China Association for International Economic Cooperation, and a Director of Chinese People’s Institute of Foreign Affairs. He is currently a steering committee member of Paris Peace Forum and an advisory board member of Duke Kunshan University. He served as an expert for World Bank, IOM, and ILO. He pursued his Ph.D. studies at University of Western Ontario and University of Manchester. He was a Senior Fellow at Harvard Kennedy School and a Visiting Fellow of Brookings Institute. His books in English include:
Globalizing China (2012);
China Goes Global (2016);
Handbook on China and Globalization(2019);
Globalization of Chinese Enterprises (2020);
Consensus or Conflict?: China and Globalization in the 21st Century (2021);
China and the World in a Changing Context: Perspectives from Ambassadors to China (2022);
The Ebb and Flow of Globalization (2022); and
Understanding Globalization, Global Gaps, and Power Shifts in the 21st Century: CCG Global Dialogues (2022).
Mabel Lu Miao Ph.D. is the Co-Founder and Secretary-General of CCG, a Young Leader for Munich Security Conference (MSC), and the Founder of Global Young Leaders Dialogue (GYLD). She is also the Deputy Director General of the International Writing Center of Beijing Normal University. She received her Ph.D. in contemporary Chinese studies from Beijing Normal University and has been a visiting scholar at New York University’s China House and the Fairbank Center at Harvard University. She is a co-author of many Chinese Social Science Academy blue books and Chinese Social Science Foundation’s research project reports. She has published a number of books in Chinese, which detail China’s outbound business and global talent. Her latest publications in English are
Blue Book of Global Talent;
Annual Report on the Development of Chinese Students Studying Abroad;
China’s Domestic and International Migration Development (2019);
International Migration of China: Status, Policy and Social Responses to the Globalization of Migration (2017); and
Transition and Opportunity: Strategies from Business Leaders on Making the Most of China’s Future(2022).
