Balincan：A Stunning Phenomenon

During its six-year development in China.Balincan created market miracles one after monther! They are well known both in market management and unique branding characteristics. Therefore, the ＂Balincan Phenomenon＂ emerged on the market, and has even caught the eyes of analysts who made Balincan a research subject.But what is behind the stunning phenomenon：To explore the secret.China＇s Foreign Trade interviewed Balincan.     

Air France： A New World of Travel Pleasure to France

On Top Resa Tourism Fair, Deaiiville, Sop.2003 Chairman Jean-CwU Sliinetta declared:“The launch in 2003 of Air France‘s new travel concept is a major step in our long-termcommitment to customer satisfaction. It will have taken over 300 million euros in investments and five years of work to bring this project to fruition, 300,000 working hours to refit 69 aircraft, the delivery of 15 new fully-equipped aircraft, 290 third-generation self-service kiosks,50% more personal space in I‘Espace Premiere (First-Class Cabin) and 27% more in I‘EspaceAffaires (Business Class) a project such as this will enable us to significantly strengthen ourposition as an Airline Major in Europe and worldwide.”     

Q＆A as for Foreign Business Practice in China

Q：What materials shall be needed when a foreign company of foreign trade invests and registers within China？
A：There are various forms of investment within China, and you may refer to the following policies and regulations： the Catalogue for the Guidance of Foreign Investment Industries, the Law of the People＇s Republic of China on Foreign-Capital Enterprises, the Rules for the Implementation of the Law of the People＇s Republic of China on Foreign-Capital Enterprises,     

Determinants of Successful IT-Enabled Business Innovation： A Case Study from the Perspective of Institutional Entrepreneurship Theory

As the role of information technology （IT） in business innovation becomes increasingly important, an increasing number of organizations have started to consider how to promote IT-enabled business innovation. Although extant studies have identified organization, environment, and innovation＇s characteristics as substantial determinants of IT innovation, they do not emphasize the accompanying innovation in processes, products or services, which distinguish IT-enabled business innovation from general IT innovation. Therefore, the reason why few companies succeed in realizing IT-enabled business innovation remains obscure. Anchored on the institutional entrepreneurship theory, this paper examines determinants of the success of IT-enabled business innovation in a fast-growing company using the case study approach. Our findings indicate that IT-business coordination competency, degree of institutionalization, participation of business managers, top management team＇s （TMT） attitude towards the innovation, and the innovation＇s relative strength, have significant impacts on the success of IT-enabled business innovation. Our findings also contribute to IT innovation research by identifying special determinants of IT-enabled business innovation and redirecting research ranging from innovation in IT itself to IT-enabled innovation in business processes, products or services.     

中国失败企业反思：破了定律企业必败

企业的管理存在一些基本的定律，如果违反了这些基本定律中的一条，企业就会失败。但是，即使遵循了所有这些基本定律，企业也未必一定能成功，因为企业成功只有必要条件，没有充分条件。对于企业管理者来讲，无论应用什么现代企业管理理论．都必须首先遵循而不是违背这些基本定律，以它们为战略起点，只有这样，企业才具备了基本的安全性。     

Seeking Business Opportunities——the Secret to Success

At last conference held by Asia Society,the executives from global companies discussed about the opportunities in the ustainable developing economies in Asia.An enterpriser, one of the participants,attracted our reporter's sight,that is Datuk S.C.Yeat,Chief Executive Officer of Easy Pha-max Internation- al Sdn Bhd,the largest electronics chain store of herbs.Datuk S.C.Yeat not only talked with our reporter on his development strategy,also shared the secret of his successes.     

“A Real Chance to Be the Member of EU”—— An interview with Ambassador of the Republic of Hungary to China

Hungary, as a new member of European Union, gains both opportunities and chal lenges. Facing such a situation that EU is China‘s second largest trade partner and vice versa, how will Hungary do to cooperate with China? On this occasion, we have interviewed H.E. Mihaly Bayer, Ambassador of the Republic of Hungary to China. Below is the interview with him.     

Q＆A As for Foreign Business Practice in China

Would you please tell whether it shall be ,engaged in the purchase of non-performance assets within China if a foreign company has no registration and record and branch or representative office in China？     

New Labor Contract Law：Not A Nightmare to Foreign Companies in China

On January 1, 2008, the new Labor Contract Law （LCL） went into effect in China. The New YorkTimes predicted that it was “ushering in sweeping changes to Chinese labor policy” at that time. However, over 1 year after the new LCL introduction, “sweeping” has been a forgettable word and the LCL has disappeared from the media coverage. To foreign companies in China, the financial crisis is not their only concern today,