McKinsey in the eyes of China 2014, you believe it-.doc

 PAGE \* MERGEFORMAT 5 McKinsey in the eyes of China 2014, you believe it? Gordon Orr (Gordon Orr) 1 two key words: increased productivity and technological subversive force China’s labor cost was up 10% high land prices have forced companies to move out of the city center, and even in some cities because prices are too high and the implementation of water and electricity rationing, capital costs continue to rise, especially state-owned enterprises. Overall, all of the factor prices are more expensive, but the fierce competition coupled with the prevalence of excess capacity, so that companies can not pass on the increased costs to consumers. How turnaround? Only improve productivity. Danjingjielv desire to find the best business practices around the world, which may explain why today’s executives overseas trip is really real gun knife visits, rather than in the past under the guise of international tourism. Focus on improving productivity far more than manufacturing, agriculture is not far behind. Emerged speed large farms, and promote agricultural mechanization, efficient irrigation techniques, while farmers can borrow money to buy high-quality seeds. As for services, think about it, it all is the fastest rising cost in the price of labor, the only long-term productivity benefits of enterprises will win. Regardless of the industry, more or less felt the impact of disruptive technologies, which will help small businesses to invest to achieve large output, and is expected birth of a new business model over the past two decades, the Bank of China (601988, stock it ) industry relies on the creation of networks to achieve development if private bank approval is released, if possible pure digital business model, while avoiding costly physical outlets offer various services? Chinese consumers what was the attitude of online banking? The answer is yes, just from the enthusiasm of online shopping can be concluded. 2. Chief Information Officer (CIO hot T