2002 Chinese household electrical appliance enterprise property rights reform three-pronged.docVIP

 PAGE \* MERGEFORMAT 5 2002 Chinese household electrical appliance enterprise property rights reform three-pronged 2003 will be China’s household electrical appliance enterprises property rights reform years, and this change will no longer be confined to the state-owned or state-holding enterprises, but will include all household electrical appliance enterprises on the Chinese market. The trend of foreign-owned From last year’s wholly-owned Panasonic campaign began, many foreign companies are beginning to search for property rights in the Chinese market changes, from the transition to a wholly-owned joint ventures. In the realization of wholly-owned, foreign investment in China before becoming a whole, the pace will be a whole new line will significantly improve operational efficiency, which gives Chinese companies a greater competitive pressure to add. Foreign companies enter the Chinese market at the beginning, mostly state-owned enterprises and the local government or joint ventures, which could circumvent the market due to ignorance on the risks and take advantage of China’s preferential policies for foreign investment. When China joins the WTO, many preferential policies for foreign-funded enterprises have been canceled, this time, foreign-funded enterprises are already familiar with the Chinese market began to seek independence, use and development of resources in the Chinese market. Coupled with changing patterns of global governance of transnational corporations place more emphasis on the autonomy of the regional market management, and sharing functions brought about by process reengineering, different product lines of the companies will integrate together. Such an outcome brought about by the management of the headquarters in China will become a pure investment management company. Foreign companies should be said that such a change in ownership has changed its operational patterns, and changes in the management of their global fit. A wholly-owned mul