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Those who know are fearless, and go up against difficulties. Chinese made ribbons "go global"

2020-10-30
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With the increasingly fierce market competition, enterprises are struggling to survive. Chinese enterprises are facing an important transformation from "high-speed" growth to "high-quality" development. Everyone is "changing", everyone is anxious, and everyone feels the word "difficult".

In the face of increased economic pressure caused by more unstable factors brought about by geopolitical conflicts, the pace of enterprise development is even heavier, but the wind, frost, snow and rain still cannot hide the vitality, "Changes often breed new opportunities, new trends, and new patterns." "Entrepreneurs still need to honestly earn money from the endogenous growth of enterprises." The overall economic structure should be from capital based investment and wealth accumulation, from specialized operational and operational capital and wealth accumulation, to avoid hollowing out of industries and enterprises, so that the country will not "lose its reality", The life of enterprises will also be easier. As of November 2019, data shows that 137 countries and 30 international organizations have signed 197 cooperation documents with China to jointly build the "Belt and Road". With the rise of domestic labor costs and other production costs, it is more significant for labor-intensive industries and low value-added industries to "go out" to expand abroad. Export Chinese style management overseas by setting up factories overseas.

As Chinese enterprises continue to "go global", multinational companies will become the norm. What difficulties will Chinese enterprises face in transnational operation, and how to do well in internal control management in transnational operation?


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