Chinese enterprises should not trifles.doc

 PAGE \* MERGEFORMAT 6 Chinese enterprises should not trifles In mid-April 1996, the domestic conglomerates more than 50 CEOs gathered in Tianjin Economic-Technological Development Area (TEDA), began a quasi ‘Davos’ style explored. With the usual conferences, including other is that bosses have to submit a very serious papers. Early February of this year, in the ski resort of Davos in eastern Switzerland, the World Economic Forum held its 26th annual meeting, from the world’s nearly 100 countries and regions, economic and political world dignitaries on the economic situation of developing countries, dozens of topical discussion. In this non-governmental international economic summit, the participants conducted an impromptu electronic poll, the vast majority of people think that the next five years, countries are still the fastest economic growth in China. Because in 1995, China’s economic growth rate reached 10 percent, ranking the highest in Asia, and had been scheduled ahead of schedule in 2000 gross national product in 1980 the goal of quadrupling its capacity to absorb foreign investment after the United States, ranking second in the world bit. China’s economic development such a high valuation, did not seem to participate in the meeting of the China Group TEDA business owners are pleased and optimistic, on the contrary, they generally felt that kind of pressure exposed to international competition and crises. President of Stone Group section of Wing Kei said: ‘According to statistics, Beijing shopping malls in 57% of the products are foreign goods. We do not have to go abroad, it had already entered the international competition, large market, foreign groups are facing the opponent. But we still only in their own business at home in front of that point the market’s ability cruise. ‘ Duan visualize the competition between domestic enterprises to participate in is called ‘FESPIC Games’, which participates in the international business competition, known