Hopes of High Growth for China''''s Insurance Market

FavorablefactorsforthedevelopmentofChina'sinsurancemarketInitslowlevelandlowgrade,china'sinsurancemarketitselfcontainsthepotentialfordevelopmentTwocriteria-insurancedepthandinsurancedensity.havebeenusedinternationallyinanalyzingthedevelopmentpotentia...     

China''''s Insurance Fund Enters the Stock Market

Huge Fund Comes OutIn October 1999, the State Council allowedinsurance companies to enter the stock marketindirectly through the insurance investmentfund. In the first half of 2000, RMB6.5 billionentered. RMB 4 billion did the same in the second half of the year, and within one year,RMB 13.4 billion from various insurance companies indirectly listed through the insuranceinvestment fund.According to the China Insurance Supervisory Commission, about RMB 10 billion insurance fund saw a p…     

Development of the Insurance Industry in China

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Initial Exploration of the Prospects for China's Tourist Market in 1998

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Quality—Key for Entering the World Market

The Shenma Group has been known as a leader in China and one of the three cord fabric production bases in the world. It enjoys a good reputation in the textile industry. The group became a Statefirst-grade enterprise in 1990 and was awarded the Golden Horse Prize, the highest honour for enterprise management in China. It became one of the 123 extra big enterprises with the approval of the State Council in 1992. And in 1994 the     

Social Networking the Brand—An Exploration of the Drivers of Brand Image in the South African Beer Market

Social network marketing has risen to the fore as an innovative and cost effective method of reaching a target audience. However, owing to the recentness of this marketing technique, there is little scholarly research in this area, especially in emerging markets. This study considered the impact of interactivity and media richness on brand attitude and brand image in the South African beer market. It also tested whether brand involvement has a moderating effect in this regard. The empirical work was conducted through an electronic survey of Facebook fan page users. The results revealed that interactivity had a positive effect on brand attitude, whilst media richness did not. Brand involvement, tested for a moderating effect on the above relationships, was not found to be significant. As expected, brand attitude was found to be strongly linked to brand image in this context. The findings stress the importance of bidirectional communication in favor of media rich design. This suggests that marketers of beer would be well advised to engage with customers on fan pages in routinely responding to their comments and allowing them to upload suitable content. If consumers feel that they have ‘ownership’ of these pages and are able to have a positive influence on brand evolution, fan pages are likely to yield positive results in social media campaigns.     

2000 Forecast of the Electrical Appliance Market in China

The electrical appliance market spent 1999 steadily and dully. During this year, the output of household electrical appliances grew steadily and their sales were stable. In the new year,the market tendency will not be optimistic. On the output of household electrical appliances, most products grew by a wide margin in 1999. Of them, the output of color TV sets, refrigerators, washing machines and airconditioners grew by 26.9%, 15.9%, 11.7% and 28% over the previous year. And that of hi-fi equ…     

Optimistic About the Chinese Market in the Second Half of the Year

The Chinese domestic market willmaintain steady growth in thesecond half of the year, accordingto official analysis, and the retail sales ofthe social consumer goods of the year willgrow by 9.5 percent, and 9 percent overthe same period of year. In one of its rides, the EconomicDaily anticipated that the sales volume ofcapital goods in the second half of the yearwill grow by 30 percent over the sameperiod of last year, while the import andexport growth of foreign trade will bearound 20 percent…     

CMC Exploring the Export Market for Complete Sets of Equipment

The China National Machinery Import and Export Corporation (CMC), founded in 1950, is a large state-owned foreign trade enterprise subordinated to the Ministry of Foreign Trade and Economic Cooperation (MOFTEC). The corporation focuses on the import and export of mechanical and electrical products. It has maintained an annual trade volume of more than US$ 2 billion for many years and ranks among the top 10 foreign trade companies in the country.     

Trends for the Chinese-made Toothpaste Market

According to statistics from the China Toothpaste Industry Association, there are 40 tooth-paste factories with 12,000 employees. In 1994, the total output of toothpaste was 150,000 tons, equal to 2.3 billion tubes, each weighing 65 grams. In recent years, the annual average increase rate has been 10%. Toothpaste production and consumption in China rank second in the world. In the year 2000, the annual toothpastes output will reach 3.2 billion     

Consumers’ Grouping of Organic and Conventional Food Products—Implications for the Marketing of Organics

A detailed account of the way consumers choose to group different varieties of organic and conventional food produce might have practical implications in terms of improved space management in supermarkets and better targeted promotions of organic products. The results presented here were obtained in a case study using a web-based questionnaire and 849 Danish consumers. The consumers were asked to group the contents of a virtual basket of organic and non-organic fruits and vegetables into two smaller baskets. A significant share of the consumers grouped the food products according to whether or not they were organic. These consumers were found to have significantly higher levels of confidence in the benefits of organic produce, to state significantly higher levels of organic consumption and higher willingness to pay for organoleptic attributes of fresh milk, than consumers who placed fruits in one basket and vegetables in the other.     

“Gultural Fower”in the Decisive Battle of the Beauty Market

During its six-year development in China, Balincan created market miracles one after another! They are well known both in market management and unique branding characteristics. Therefore, the "Balincan Phenomenon "emerged on the market, and even has 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. By Editor     

＂Cultural Power＂ in the Decisive Battle of the Beauty Market

During its six-year development in China, Balincan created market miracles one after another! They are well known both in market management and unique branding characteristics. Therefore, the ＂Balincan Phenomenon＂emerged on the market, and even has 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.     

Cogs in the Wheel or Spanners in the Works? A Phenomenological Approach to the Difficulty and Meaning of Ethical Work for Financial Controllers

Journal of Business Ethics - The aim of this paper is to propose a new perspective on the difficulty and meaning of ethical work for financial controllers. This is achieved by drawing on concepts...     

The Management of Meaning – Conditions for Perception of Values in a Hierarchical Organization

This article argues that the introduction of value based management in a decentralized, hierarchical, and rule-based organization will add to existing informal and formal systems instead of replacing them. Consequently, employees’ perception of and willingness to embrace and operationalize centrally imposed values were assumed to be dependent upon existing emotional, social, and formal processes and structures. Hierarchical regression analysis on data from a maritime company (N = 408) gathered in Norway in 2004 – which claims to be a learning and value based company – showed that affective commitment and group coherence correlated positively with perception of values among employees. Formalization was positively but insignificantly correlated, whereas loyalty toward immediate superiors was significantly negatively correlated with perception of values.     

Who Will Trigger the Bomb of Price in the Auto Market in 2003 in China?

Despite China's auto market is till immersed in the afterglow of its "great eruption of oil well," as if every model of cars, costing a high price or low price, would all sell well on the market, yet it can be predicted that the year 2003 will, no doubt, be a year of price for China's auto industry. As soon as a big equivalent "bomb of price" would blow off in the beginning of the year, the pricing in China's auto market is sure to go through a sweeping reshuffle, and an effect of the theory of domino is inevitable to follow. No wonder, the market will be shaken by a price downslide of some key model of car produced by a solid-founded enterprise, with a drastic price down of RMB50000 for each car!     

Compensation of Economists—Measuring the Market Value of NABE Member Characteristics

This study is based on the 2008 NABE salary survey and provides detail on the estimated relationship between the total compensation and the professional characteristics of NABE members who responded to the survey. This study builds on previous work done by Peter Jaquette in analyzing the 2006 salary survey data. We find many similarities to the 2006 results, but also find interesting exceptions in the 2008 sample that suggest further inquiry in subsequent survey analysis.     

Bringing the China Association of Insurance Industry Into Play, Perfecting the Control System of China''''s Insurance Industry

1. The history of China Association ofInsuranceThrough repeated negotiations be-tween the leading executives of theformer Chinese life Insurance Co.,China Pacific Life Insurance Co., Ltd.Ping An Insurance Company of China.,and under the auspices of the People'sBank of China, the preparation group ofChina Association of Insurance Indus-try was officially founded on Januny, 192000. It was approved by the Ministryof Civil Affairs on March, 12, 2001. Andits registration with the govern…     

The role of social value creation in business model formulation at the bottom of the pyramid – Implications for MNEs?

This paper presents an exploratory study of how social value creation and business models may be interrelated in the context of the bottom of the pyramid (BOP) business formation. We develop our analysis around five case studies of actual businesses set up in rural India by people in the BOP. We attempt to draw implications from the performance of the business models in the BOP for what MNE strategies of engagement with the BOP may learn from the processes we analysed.