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PAGE \* MERGEFORMAT 10
Chinese companies for 20 years = 4 4 4
Along with China’s market economy from a planned economy to a market economy, and a group who had just staggered start enterprises (such as Haier, Lenovo, Huawei, TCL in sets, and so on) after several difficult transformation is gradually to the world-class enterprise forward, but more Chinese enterprises have collapsed due to a burst of a variety of reasons. ‘Successful companies are always similar, the failure of the company each have their own misfortune. ‘
Four stages of the achievements of Chinese enterprises for 20 years
Phase I: primitive capital accumulation.
This stage there are two main development paths. First, by engaging in trade, the agent and the family workshop-style production methods, gradually complete the company’s original capital accumulation. Early sell rollerblades, such as Lenovo, agents of foreign PC brands AST; TCL co-production with Hong Kong recording tapes and so on. Second, in cooperation with foreign enterprises or do OEM foundry process, the accumulation of experiences, the completion of corporate primitive accumulation of capital. Such as the Haier Refrigerator Company in 1984, in cooperation with Germany’s ‘Liebherr’ it would be for the subsequent development of Haier has laid a good foundation. This stage was very difficult to do Chinese enterprises, entrepreneurs were also busy to the market everywhere, ‘Robbers’, tough forward.
The second stage: the main industry in large-scale development stage.
After the completion of capital accumulation began to increase investment to expand the domestic market, develop their own brands through a variety of ways big main business scope. Grew rapidly through mergers and acquisitions, some, such as the Haier Group, the predecessor of Qingdao Refrigerator Factory through timely mergers and acquisitions, the output ‘shock the fish therapy’, the rapid expansion of the size of main refrigerator. Some of the advantages of the
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