CCG New Book: Strategies for Chinese Enterprises Going Global

CCG 全球化智库CCG 2024-03-24

On September 4, 2023, CCG’s latest publication Strategies for Chinese Enterprises Going Global edited by Dr. Henry Huiyao Wang, President of Center for China and Globalization (CCG), and Dr.Mabel Lu Miao, Secretary-General of CCG, was released during the 10th China Inbound-Outbound Forum.

Strategies for Chinese Enterprises Going Global

Edited by Henry Huiyao Wang, Ph.D. and Mabel Lu Miao, Ph.D.

Published by Springer Nature

This book, part of the prestigious Chinese Enterprise Globalization Series, which is published by the renowned international publisher Springer Nature, is now available worldwide. Edited by Dr. Henry Huiyao Wang and Dr. Mabel Lu Miao, this series is dedicated to the in-depth study of Chinese enterprises and their pivotal role in globalization. It features insightful monographs that analyze this dynamic phenomenon, offering readers an abundance of up-to-date information on Chinese Outward Direct Investment (ODI) and in-depth case studies spotlighting Chinese enterprises' global expansion. These comprehensive resources, all rooted in primary research, have firmly established the series as a leader in its field, distinguishing it from similar publications.

This book offers an extensive exploration of the fundamental challenges confronting Chinese enterprises as they venture into the global arena, presenting practical solutions to address a wide spectrum of issues. It comprehensively addresses the multifaceted challenges faced by Chinese firms expanding abroad, from legal complexities and legislative matters to international talent cultivation and financing. Furthermore, it also delves into the opportunities and potential created for these enterprises through the Belt and Road Initiative.

These insights aim to provide readers with a deeper understanding of the current landscape of overseas development for Chinese enterprises, while the book serves as an invaluable reference for Chinese businesses seeking diverse foreign investment strategies, enabling them to seize opportunities, navigate challenges, and take their global development to new heights.

This ongoing series of English books is built upon the extensive research found in CCG's series of ‘Blue Books’, which have been published annually for the past seven years in collaboration with the Social Sciences Academic Press (China). In 2016, CCG also released China Goes Global: How China's Overseas Investment is Transforming Its Business Enterprises as a part of the ‘Asia Business Series’ by Palgrave Macmillan, which featured a foreword by Mr. Long Yongtu, Chairman of CCG's Strategic Advisory Board and former chief negotiator for China's entry into the WTO.

China Goes Global: How China's Overseas Investment is Transforming Its Business Enterprises and The Globalization of Chinese Enterprises: Trends and Characteristics are English-language publications based on CCG’s Blue Book series.

For many years, CCG has diligently tracked and studied the globalization of Chinese enterprises, hosting numerous forums, seminars, roundtable discussions, and similar events on a yearly basis. These gatherings are dedicated to exploring pertinent topics concerning enterprise globalization, including the Belt and Road Initiative, Sino-US trade relations, and trends in global value chains. Distinguished political and business scholars with rich research and practical experience both domestically and internationally, are regularly invited to participate in these discussions. Through these collaborative efforts, CCG actively seeks innovative pathways for enterprise globalization.

This book is structured into four main sections:

Part I: Theories and Strategies for Chinese Enterprises 'Going Global'

Part II: 'One Belt and One Road'

Part III: Chinese Enterprises Investing in the US

Part IV: Risks and Opportunities Facing the Internationalization of Chinese Enterprises

In each of these themed sections, readers will find insightful essays from renowned experts, including Professor Lu Jinyong from the University of International Business and Economics, former Economic and Commercial Counselor He Weiwen from the Chinese Consulates General in San Francisco and New York, Vice Director Liu Qun of the National Defense Economic Research Center at National Defense University, as well as Vice President of the China World Trade Organization Research Association, former Dean of the Research Institute of the Ministry of Commerce, and Deputy Director of the Foreign Trade Department of the Ministry of Commerce, Huo Jianguo. Additionally, it features contributions from Wu Yun, a full-time lecturer in economics at the Department of Economics at Shunan University in Japan, as well as research papers by experts such as Ding Jihua, Director of the Research and Consulting Department of the Beijing New Century Multinational Corporation Research Institute, and the Institute’s Director Wang Zhile.

As the world's second-largest economy, China stands as a staunch advocate of economic globalization, firmly committed to elevating economic development through increased openness. Even amid the complexities of an ever-changing global environment and fierce international competition, Chinese enterprises consistently venture abroad, showcasing their resolute commitment to 'going global.' The Chinese government has also proactively crafted a suite of policies supporting overseas investments, ensuring stable growth. In the post-pandemic era, China is poised to emerge as a key force driving global production, trade, investment, and supply chain stability. Strategies for Chinese Enterprises Going Global is also well positioned to play a vital role in aiding Chinese enterprises as they establish roots and thrive on the international stage with more targeted strategies for internationalization development.

CCG Books

● Published by Springer

● Authors: Joseph S. Nye

More Information

This open access book consists of essays selected from Joseph S. Nye, Jr.’s last three decades of writing and illustrate a variety of perspectives on the nature of power, the role of the United States in the world and US-China relations. Through this collection, it is hoped that readers will gain a better understanding of today’s global environment and find that while great power competition may be inevitable in a world as centers of power shift, cooperating to address transnational challenges can be a positive sum game.

● Links：

https://link.springer.com/book/10.1007/978-981-99-0714-4

● Published by Palgrave Macmillan Singapore

● Editors: Wang Huiyao, Miao Lu

More Information

This book aims to help readers make sense of our changing world by sharing the views of global thought leaders on some of the most important issues of our time, from US-China relations and global governance to climate change and the COVID-19 pandemic.

The ten dialogues in this book were part of the “China and the World” series of online discussions hosted by the Center for China and Globalization (CCG). The series features CCG President Huiyao Wang in conversation with experts from a range of fields, from renowned scholars of international relations, economics, and history, to journalists, policymakers, and business leaders.

● Links：

https://link.springer.com/book/10.1007/978-981-19-3846-7

● Published by Springer

● Authors: Wang Huiyao

More Information

This book focuses on globalization and China’s evolving role in the world, offering unique perspectives on a number of developments during a tumultuous period that began with Donald Trump’s election and ended with the outbreak of the Covid-19 pandemic. This period saw the global landscape reshaped by China’s continued rise, intensifying great power competition, and a public health crisis that has changed how we live.

The essays center on three interconnected themes – China’s remarkable development under its policy of Reform and Opening-up, China’s deepening integration into the global economy and rise in an increasingly multipolar world, as well as the quest to revitalize global governance and multilateralism to address the pressing global challenges of the 21st century.

● Links：

https://link.springer.com/book/10.1007/978-981-16-9253-6

● Published by Springer

● Edited by Wang Huiyao and Miao Lu

More Information

China and the World in a Changing Context-Perspectives from Ambassadors to China is the latest volume in CCG’s “China and Globalization” series, which seeks to create a balanced global perspective by gathering the views of highly influential scholars, practitioners, and opinion leaders from around the world on issues of policy and governance.

Ambassadors are a kind of vehicle and bellwether for globalization. These diplomatic envoys serve as pivotal contact points between nations across a wide range of fields, from economics and culture, to health and the environment. The special group of ambassadors in this book – all based in Beijing – are at the forefront of what, for many countries, is one of their most important bilateral relationships and the platform for one of the most striking and consequential developments in global affairs in the 21st century: the rise of China on the world stage.

● Links：

https://link.springer.com/book/10.1007/978-981-16-8086-1

● Published by Springer

● Edited by Wang Huiyao and Miao Lu

More Information

Released nearly two years after the outbreak of COVID-19, Transition and Opportunity brings together an array of CEOs and senior executives from leading multinationals, leaders of foreign trade associations and representatives of advocacy groups on the ground in China to share their views on the potential and risks China holds for business as the world economy recovers.

The 22 entries in this book include contributions from the heads of Beijing-based chambers of commerce representing the EU, the US, France, Switzerland and Brazil and others, CEOs and senior executives of MNCs like Airbus, Royal DSM, Michelin, LinkedIn and Herbalife as well as representatives of global consulting firms like KPMG, PwC, Accenture and Roland Berger.

Divided into three parts - ‘The Big Picture,’ ‘Analysis and Advice,’ and ‘On the Ground’ - content progresses from looking at how countries balance their own interests with China’s for that elusive ‘win-win’ formula, to the role consultancies and advisors play in helping companies succeed, then looking at the experiences of individual companies to see how they have adapted and thrived in China.

● Links：

https://link.springer.com/book/10.1007/978-981-16-8603-0

● Published by Springer

● Edited by Wang Huiyao and Alistair Michie

More Information

This book brings together leading international scholars and policy-makers to explore the challenges and dilemmas of globalization and governance in an era increasingly defined by economic crises, widespread populism, retreating internationalism, and a looming cold war between the United States and China. It provides the diversity of views on those widely concerned topics such as global governance, climate change, global health, migration, S&T revolution, financial market, and sustainable development.

● Links：

https://link.springer.com/book/10.1007/978-981-16-5391-9

● Published by Springer

● Edited by Wang Huiyao, President and Miao Lu, Vice President, Center for China and Globalization(CCG), Beijing, China

More Information

The internationalization of Chinese enterprises is one of the most notable aspects of economic globalization in the 21st century. Despite the 2008 financial crisis and weak global outbound investment, under the “go global“ initiative, Chinese outbound investment has gone from strength to strength, while also diversifying in terms of investment modalities, destinations, and industries. However, growing anti-globalization sentiment in some countries has also created new challenges for Chinese firms expanding internationally.

Drawing on nearly 3000 data samples, using both quantitative and qualitative research methods, this book presents unique insights into the features and patterns of Chinese enterprises’ globalization. The analysis provides a useful reference for enterprises that have already gone global and those that plan to. In particular, this book investigates challenges confronted by Chinese companies when doing business in foreign countries. It summarizes research covering three angles, namely: the current situation, causation analysis and corresponding solutions, and recommendations for firms, government agencies and other institutions.

This book provides a comprehensive overview to help readers to grasp the broad picture of the international expansion of Chinese enterprises. It has important reference value for enterprises to help devise foreign investment strategy, seize opportunities, and navigate challenges in the course of globalization.

● Links：

https://www.springer.com/cn/book/9789811546457

● Published by Edward Elgar

● Edited by Wang Huiyao, President and Miao Lu, Vice President, Center for China and Globalization(CCG), Beijing, China

More Information

An excellent guide for understanding the trends, challenges and opportunities facing China through globalization, this Handbook answers the pertinent questions regarding the globalization process and China’s influence on the world.

With contributions from leading experts and international researchers, each chapter covers key topics regarding China’s participation in globalization, including: China’s new role in global economic governance; outward direct investment; China’s soft power and the implications for foreign relations; global migration, diaspora and talent. An enriching range of case studies and extensive empirical research are used to explore the successes and failures of globalization in China, and to discuss the dilemmas facing decision makers in today’s globalized world. A major contribution to the field, this Handbook offers valuable insights to China’s often misunderstood globalization process.

An essential reference for academics and researchers looking for a go-to empirical resource, this Handbook provides scholars of economics, politics and East Asian studies with an exemplary selection of contemporary research on China and globalization.

● Links：

https://www.e-elgar.com/shop/handbook-on-china-and-globalization

● Published by Springer

● Authors: Wang Huiyao, President and Miao Lu, Vice President, Center for China and Globalization(CCG), Beijing, China

The first effort to address the gap regarding higher-end talent within the scholarly work on internal labor migration in China

Provides an essential overview of the major milestones in China’s talents attraction policies, as well as several recommendations to help further improve those policies

Investigates corresponding policies in Germany, Japan, and Singapore to serve as a basis for comparison

Provides a snapshot of first-hand reference material for relevant stakeholders involved in cooperation with China

More Information

This book offers the most comprehensive, up-to-date assessment of China’s domestic and international migration. Restructuring economic development requires large numbers of educated and skilled talents, but this effort comes at a time when the size of China’s domestic workforce is shrinking. In response, both national and regional governments in China have been keen to encourage overseas Chinese talents and professionals to return to the country. Meanwhile, the Chinese government has initiated a number of policies to attract international highly-skilled talents and enhance the country’s competitiveness, and some Chinese policies have started attracting foreign talents, who are coming to the country to work, and even to stay. Since Chinese policies, mechanisms, and administration efforts to attract and retain skilled domestic or overseas talents are helping to reshape China’s economy and are significantly affecting the cooperation on migration and talent mobility, these aspects, in addition to being of scholarly and research interest, hold considerable commercial potential.

● Links：

https://www.springer.com/gp/book/9789811362552#aboutBook

Other CCG News:

CCG hosts a Two Track dialogue on ‘reforming globalization’

Text: Wang Huiyao in dialogue with Joseph Nye

Joseph Nye | Understanding Global Power Shifts in 21st Century

New Book | The Global Power Shifts in the 21st Century

Josep Borrell’s scheduled speech at CCG on EU-China relations

Justin Vaïsse speaks at CCG on the eve of Macron's visit

Brazilian Ministerial Visiting Event Held at CCG

CCG Global Dialogue：Building a floor for China-US relations

CCG President in Dialogue with CFR President Richard Haass

Video | 7th Annual China Global Think Tank Innovation Forum