Private Chinese businesses are witnessing improved performance, due to growing market vitality and the business environment amid the country’s antitrust efforts, but some are also facing pressure like rising raw material costs, officials and company executives said on Sunday. Their comments were made as the All-China Federation of Industry and Commerce, a national body that […]
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China HR Considerations And Management Strategies During Company Restructuring Period
HR restructuring in China can be a tripwire for foreign companies given the country’s strict labor laws and regulatory standards. We spotlight top considerations. The success of a company often hinges on its ability to recruit, retain, and realize the added value and potential of its employees. Similarly, in the case of business restructuring how […]
China’s major internet firms log rapid revenue growth
China’s internet and related sectors saw double-digit growth in business revenue in the first five months of the year, official data showed. The revenue of major internet companies surged 24.4 percent year-on-year to 598.1 billion yuan ($92.43 billion) in the January-May period, according to the Ministry of Industry and Information Technology (MIIT). Read the full […]
Top 10 most valuable private consumer goods firms in China
Hurun Research Institute released China’s top 100 most valuable consumer goods companies on March 23, ranking private companies headquartered in China by market value as of March 9 or by the latest estimated value for unlisted ones. Companies on the list totaled 9.86 trillion yuan ($1.51 trillion), with a value of at least 14 billion […]
Top 6 Chinese firms in Forbes ‘Blockchain 50’
Forbes released its latest Blockchain 50 on Feb 3, with six Chinese companies landing on the list this year. The third annual Blockchain 50 features companies that lead in employing distributed ledger technology and have revenue or a valuation of at least $1 billion, according to the financial magazine. Twenty-one newcomers including the world’s largest […]
How Hong Kong’s young innovators are using technology to build a safer society
Inside Hong Kong’s busy K11 Musea shopping mall in Tsim Sha Tsui on the southern tip of Kowloon, a fleet of robots with expressive eyes moving along different floors and spraying disinfectant into the air. Named Jasmine, The disinfection robots are equipped with two vents, four wheels and a tank that can store up to […]
China, Japan, and Singapore among top markets for APAC business expansions
The research also found that six in 10 organisations in APAC are keen to expand overseas, be it within the region or in global markets. Of these, more than half plan to begin within the next 12 months. Six in 10 organizations recently surveyed in APAC are keen to expand overseas, be it within the […]
How Lenovo became China’s first global company | Managing Asia
Liu Chuanzhi, the chairman of Legend Holdings, discusses how he founded the Lenovo Group, the world’s biggest PC maker. Watch the full video here… Looking for Best Executive Search Firms in China? Trust Cornerstone International Group – China for hiring the best talent!
China making strides in Industry 4.0 revolution as advanced manufacturing outpaces EU, US, Japan
After China’s new five-year plan listed the development of seven key “frontier technologies” as the nation’s top policy priority, it is now home to the most cutting-edge advanced manufacturing facilities, ahead of the likes of the European Union, the United States, and Japan. The World Economic Forum has added five Chinese sites to its Global […]