China Goes Global

Dr. Wang Huiyao is the Founder and President of CCG and also serves as a Counsellor of the China State Council Office. He has published nearly 50 books and over 100 articles on China and globalization, focusing on the worldwide circulation of Chinese talent and Chinese firms investing abroad. Dr. Miao Lü is Executive General Secretary for CCG and the China Global Talent Society of the Ministry of Human Resources and Social Security. She has been a visiting scholar at New York University's China House and the Fairbank Center, Harvard University, and published books on Chinese Talent circulation and global think tanks.

As China seeks to upgrade its economic growth model by globalizing its business enterprises, we need to examine carefully and sum up the experiences of internationalization success stories that can serve as models to guide Chinese enterprises trying to go global. It is with these aims in mind that CCG and the Chinese International Economic Cooperation Society has under taken and published this comprehensive research project on the globalization of Chinese business enterprises. This book is very useful for firms intending to go global. I hope CCG will continue this research and provide intellectual support for the Chinese companies seeking to deepen their international footprint." - Cao Dawang, Vice Chairman, Center for China & Globalization Strategic Advisory Board, Founder and Chairman, Fuyao Automotive Glass, China "Wang's timely, cutting edge and comprehensive study presents models, measurement matrices, theories and numerous cases studies of China's overseas direct investment. This book is a must-read for anyone wanting to understand China's potential impact on the global economy in the coming decades." -David Zweig, Dean, Division of Social Sciences, Hong Kong University of Science and Technology "Huiyao Wang has made a singular contribution to the study of Chinese globalization. In this well researched book, he examines the background of the globalization of China, including alternative models that have been used by Chinese entrepreneurs and businesses. He develop a unique and much needed ranking system for China global enterprises and recommends a list of top performers. Dr. Wang end the book with a discussion of challenges facing Chinese companies and how business leaders in China might approach these challenges with new, innovative solutions." - Ilan Alon, Ph.D., Professor of Strategy and International Marketing, Editor, International Journal of Emerging Markets

• Chapter 1 Scholarly Context of this Book The Secondary Literature on Chinese Outbound Investment and this BookUnique Features of this Study of Chinese Foreign Direct InvestmentPlan of this BookChapter 2 Overview of Chinese Enterprise Globalization BackgroundThe Present Situation and Features of Global FDICurrent Situation and Characteristics of Chinese Enterprise GlobalizationProblems in the Globalization of Chinese Enterprises Suggestions for Promoting the Globalization of Chinese EnterprisesConclusion Chapter 3 Ten Models for Chinese Companies Going Global IntroductionAnalysis of Environmental Factors Ten Models for Chinese Companies Going GlobalSummaryChapter 4 Evaluation System and Rankings Theoretical Research on Evaluating Globalization of Chinese EnterprisesEvaluation system for Chinese enterprises' globalizationWeighting of each factorConclusionChapter 5 CCG Recommended Rankings on Chinese Companies Going Global Top 50 List of Chinese Firms Going Global: Established Globalizing CompaniesChina's Top 10 Globalization Performance (2012-2013)Top 10 Cross-Border M&As by Chinese EnterprisesTop 50 Overseas Listed Chinese Companies,2013-2014Chinese Top 50 New Globalizing Enterprises Top Globalizing Chinese Enterprises: Summary and TrendsCase Study of Chinese Top New 50Globalizing Enterprises Appendix Chapter 6 'Going Global Strategy'and GlobalTalent The Current Situation and Problems for Chinese Enterprises in 'Going Global'The Situation and Causes for the Global Talent Shortage Affecting Chinese Enterprises Investing AbroadAdvices on How to Train and Introduce Global TalentChapter 7 Challenges and Strategies of 'Going Global' Challenges and Faced by the Chinese Main ODI and Possible Measures for Overcoming themChallenges of Chinese ODI and Measures for Overcoming Them: A Regional PerspectiveOther challenges and Countermeasures in Chinese Overseas Mergers and AcquisitionsChapter 8: One Belt, One Road and Future Directions for Chinese Outbound Investment 'One Belt, One Road' and China's Growing Role in Global Economic GovernanceImpact on Chinese Outbound InvestmentRisks and CountermeasuresAppendix: Statistical Overview and Analysis of Chinese Outbound Foreign Direct Investment AppendixExcel Document on Individual Enterprise Globalization