Foton Crosses the High Threshold of Overseas Market--the First 40 Van Arrives at Russia

On January 14, 2006, after half year‘s planning, 40 Foton View Van start the expedition from the headquarter square of Foton Motor.It is believed that it is another achievement of Foton Motor‘s overseas “strategic market“ export. The export is a landmark for Foton Motor. Iran, Russia and India are defined as the 3 major overseas strategic markets for the export thresholds are very high and hard to operate.……     

Foton Crosses the High Threshold of Overseas Market--the First 40 Van Arrives at Russia

On January 14, 2006, after half year's planning, 40 Foton View Van start the expedition from the headquarter square of Foton Motor.It is believed that it is another achievement of Foton Motor's overseas "strategic market" export. The export is a landmark for Foton Motor. Iran, Russia and India are defined as the 3 major overseas strategic markets for the export thresholds are very high and hard to operate.     

Chinese M＆A,Opportunities ＆ Risks

Recently, the cases of Chinese enterprises＇ merger and acquisition are emerging in multitude. It is believed that M＆A will provide opportunities for China enterprises to go global and act in the global economic environment. China enterprises also want high margin profits that are accessible in Western Europe and North America. Judging from the current situation, many companies are not short of money, the banks can also provide a large-scale lending for Chinese companies＇ overseas M＆A. So, the overseas M＆A is feasible in the current circum-stance.     

Olympics Are Opening up China—— Interview with Charles Lagrange,Representative from the EUCCC

＂Recent deals are demonstrating China＇s willingness to invest in overseas markets instead of passively receiving FDI. This is potentially a winwin scenario; a great amount of Chinese companies are not satisfied with selling their products only in China So in that sense, I believe the greatest benefit of hosting the Olympics is showing that China wants to become a big player on the international scene.＂     

Boosting Int＇l SMEs Cooperation——Interview with Zhu Shuhai,Director,Department for SMEs,Trade Development Bureau,Ministry of Commerce

Either in the developed countries or developing countries,the small and medium enterprises（SMEs）have been playing a significant role in promoting the technological progress,employment,export, etc.Especially in the modern society with efficient development of knowledge and information,which is making the production and business operation smaller and more dispersed,and with more family participation as well,SMEs are becoming a more and more important force of the social and economic development. Although the SMEs have made very important contributions to the national economic development and the increase of employment,they are thirsty of more government and social supports,especially for the overseas development.In order to meet the mission of promoting the SMEs development,the Ministry of Commerce has established Department for SMEs. In July,China＇s Foreign Trade inte viewed Zhu Shuhai,Director of Department for SMEs,Trade Development Bureau,Ministry,of Commerce.     

Innovation,key for＂Made in China＂ to out of crisis

China＇s foreign trade and export enterprises have encountered unprecedented pressure during the global financial crisis - but analysts say they believe innovation is the way out for the ＂Made in China＂ brand.
The Quanzhou Baofeng Shoes Company, one of China＇s leading producer of slippers, is precisely the type of exporter that should be on its knees. Headquartered in Quanzhou, a coastal city in southeastern Fujian Province, Baofeng used to export 90 percent of its annual output to the United States.     

MOC：Vast Opportunities for “Going-out” Enterprises

When most Chinese enterprises are feeling the chill of financing difficulties arising from exportation crisis,is＂going-out strategy＂can really strike a chord with their hearts and attract them to invest heavily overseas？ Mr.Wang Chao,Assistant Minister of Com- merce told China＇s Foreign Trade,vast opportunities are there for those prudent yet active＂Going-out＂Enterprises.They should     

Beiqi Foton Motor Co.,Ltd.

Beiqi Foton Motor Co.,Ltd.(hereinafter referred to as Foton Motor)is a public corporation of multi-industries over different regions,industries and owner- ships.The first shareholder of Foton Motor is Beijing Motor Industry Sharehold- ing Co.,Ltd.,and the headquarter locates in Beijing.The corporation possesses     

Call for Textile Economic Recover

Chinese textile industry is a traditional sector boasting of competitive strength in global market. It＇s such a common phenomena that Chinese tourists are very difficult in finding a piece of clothes without a ＂Made-in-China＂ label in overseas supermarkets and malls. Even at the first World Expo, it was 12 silk produced in Huzhou, China, that caused a great sensation and won the Gold Expo in 1851, for the white and flexible silk was able to load 700 copper wires. And don＇t need to mention the Silk Road, originated from China.     

In or Out？

China on April 1 raised the tax rebate rates on exports of certain textile and apparel products from 15% to 16%. It , is the fourth time the government has raised the rebate rate since last August. Dating back to February 4, the State Counc-il executive meeting examined-and approved in principle the revitalization of the textile industry adjusts planning, in the planning, the country would increase textile and garment export tax rebate rate further from 14% to 15%. The measures are expected to boost China＇s textile and garment enterprises＇ profits by RMB 9 billion, it is significantly positive for the textile exporting enterprises since the country policies convey a positive signal to consolidate the international share of China＇s textile industry. Some experts firmly declare textile exports are set to languish this year with no signs of a quick pick up, notwithstanding the increase in tax rebates. Other asserts that with the relative domestic demand extending policies released by the government, the domestic market is expected to remain stable. In these circumstances, more and more enterprises are pushed or actively choose to eye on domestic market, but is ＂going in＂ really better than ＂going out＂ for them？ If it is really a dilemma, how can they do to strike the balance？     

The Effect of Board Characteristics on a Firm＇s Strategic Change

The purpose of this study is to identify the relationship between the characteristics of the board of directors and strategic change of a firm in the Chinese context. In this study, strategic change is defined as strategic deviation relative to industry norms and strategic variation relative to historical experiences. The size, independence and leadership structure of the board of directors are defined as the board characteristics. We then propose hypotheses on the effects of board characteristics on a firm＇s strategic change. This study takes strategic resource allocation profile as measure to calculate strategic deviation and strategic variation, and then empirically tests and verifies the hypotheses using data from Chinese publicly listed companies in the information technology industry from the year 2006 to 2010. We find that the size, independence and leadership structure of the board of directors significantly affect both strategic deviation and strategic variation. Therefore, we conclude that board characteristic affects a firm＇s strategic change. The conclusion of the study indicates that moderate reductions in the size of the board, increasing the proportion of independent directors and separating the roles of chairman and chief executive officer can facilitate promoting the process of strategic change for a firm in a dynamic environment. Through this study we re-examine the role and significance of the board of directors in strategic decision-making for a firm, and provide useful suggestions on how to form a board that can meet the needs for strategic change for a firm in a dynamic business environment.     

Beiqi Foton Motor Co.,Ltd.

Beiqi Foton Motor Co.,Ltd.(hereinafter referred to as Foton Motor)is a public corporation of multi-industries over different regions,industries and owner- ships.The first shareholder of Foton Motor is Beijing Motor Industry Sharehold- ing Co.,Ltd.,and the headquarter locates in Beijing.The corporation possesses     

＂Made in China＂ at the Crossroads in 2009

In the short run, China＇s export is a usable weather vane for the health of the global economy and the strength of consumer demand. A slump in export to some extent means economic depression elsewhere. Besides, the development direction choices of manufacturer will be pivotal to China＇s upgrade from export-oriented economy to a more well-rounded economy. The immediate threat to this upgrade is from the global slowdown that Chinese exports declined in November last year heralds tough times in 2009.     

Big Brother Has Bigger Say

156 delegates from all walks of life in Guangdong province composed the Guangdong delegation for the NPC this year. The import and export value of Guangdong makes up one-third of national total value, and accoums for one-eighth of national economic growth. Guangdong province has maintained its top spot in import and export value among China＇s many provinces and cities for several years, commonly referred to as ＂Big Brother＂. At the same time, it is the region where the global financial crisis has hit China hardest.     

From made in China to Created in China——The Independent Innovation Road of Yutong

In 1993, Zhengzhou Yutong Group was established on the basis of Zhengzhou Passenger Bus Factory. After over ten years＇ development, by 2005, Yutong＇s sales has broken 20,000, with the sales income of RMB6.6 billion. At the same year, Yutong Group realized export of 1098, with the export value of US$80 million （RMB63 million）, accounting for 19.98% and 34.4% of the national passenger buses export volume and value respectively, accounting for 39% of the export of the same kind of products. Why Yutong can achieve this great result？ China＇s Foreign Trade reporter interviewed Yutong to explore Yutong＇ s road to success.     

Finishing the Historical mission with a Superman＇s Speed——The Lightening Speed Development of Gonow

Established in September 2003, Zhejiang Gonow Automobile Co., Ltd. is a new private complete automobile production enterprise. In June 2005, Gonow exported 161 SUV to Europe, and became the first China independent brand exporting to Europe. In December 2005, Gonow successfully exported 2050 pickups to Europe, which started the export of military automobile export, and won the first large order of China automobile export in that year. At present, Gonow is finishing its historical mission at the speed of a superman. In the interview of Gonow by China＇s Foreign Trade, readers can see the special development characteristics and their unremitting efforts for independent innovation.     

Green Drive Sees Diesel Gars as an Alternative

China, the world＇s No. 2 vehicle market and oil consumer, is scouting around for fuel-efficient cars. A number of automakers, from global names like Toyota and General Motors to indigenous companies like Chery and SAIC Motor, are conducting re, search on hybrid and fuel-cell cars.     

High Performance Work Systems and Employee Creativity： The Mediating Effect of Knowledge Sharing

Employee creativity is both the core element of a firm＇s innovation capabilities and the sources for its growth. To improve an organization＇s ability to innovate, it is necessary to improve the creativity of its employees. Based on theories from strategic human resource management, creativity and organizational learning, this paper investigates the relationship between high performance work systems and employee creativity and explores the role knowledge sharing plays in their relationship. A questionnaire is designed and administered to a group of part-time executive students in the winter of 2012. Two hundred students are invited to answer the survey questions with 117 valid responses. Data are collected and processed by using statistical regressions. The empirical findings reveal that high performance work systems positively affect knowledge sharing and employee creativity. Knowledge sharing plays a mediating role in the relationship between high performance work systems and employee creativity. Implications for practice and future research are discussed.     

City Management Efficiency Indexes of China＇s 200 Cities and Provinces——lssued by World Economy Research Centre of BTBU School of Economics （WERCCN） ＆ China Economy Index Centre of Beijing Circulation Industry Research Centre （BCEIC）

Resources and environment are the fundamentals for the survival and development of cities. As illustrated in ＂City Management Efficiency Indexes of China＇s 200 Cities and Provinces＂ （CMEICN 2007）, the average index of environmental efficiency of 171 cities in Chinese mainland is 0.1672, calculated by the discharge amount of industrial liquid water and the discharge amount of industrial smoke,     

Joint Efforts to Build ＂Made-in-China＂ Brand—Address at the Press Conference ＆ Flag Presenting Ceremony on the 5th China Auto International （Russia） Exhibition Tour

Ladies ＆ Gentlemen, Good morning! A year after last tour exhibition, with joint efforts of all of us, Chinese automobiles will set out overseas together again, this time, to Russia for an exciting exhibition tour. I＇m really proud that Chinese automakers can unite again for another promotion campaign to build a ＂Made-in-China＂ brand. It is also an honor for FAW to participate in this year＇s exhibition as one of the co-organizers.