转型与立异――中国企业的汗青性机会(国外英文资料).docVIP

转型与立异――中国企业的汗青性机会(国外英文资料).doc

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转型与立异――中国企业的汗青性机会(国外英文资料)

转型与创新――中国企业的历史性机遇(国外英文资料) So-called thirty years hedong, hexi thirty years, the reform and opening up 30 years later, a financial crisis that has swept the world is gradually to the deep development of the economic crisis. Companies in China and China are embracing a historic opportunity for transformation and innovation. Our country will move from economic development to the centre to building a harmonious society with sustainable development. Our society will accelerate the transition from class society to civil society. Chinese companies, meanwhile, face the transformational opportunities and challenges that range from investment driven to value driven, export-led to domestic demand, opportunism to rationalism. No transformation, no chance of survival; Without innovation, there is no possibility of development. The investment-driven transformation is value-driven For a long time, from national to local, from state-owned enterprises to private companies, respected by investing to boost the economy, for growth, such a tendency, will inevitably lead to the endless expansion of financing and stubborn financial dependence, as a result, the investment is out of control again and again, wave after wave of overheating, rounds of inflation, then must be some kind of a macroeconomic regulation and control, the best of with capabilities. In the inertia of investment-driven, entrepreneurs tend to cling to do big and ignoring the stronger, a crush on someone gun site down a peg or two, but forget the mission of creating value for customers. Overinvestment inevitably leads to over-financing, and high financial leverage creates a very fragile capital chain, leading to a widespread and long-term high risk operation in the corporate world. Once macroeconomic volatility and the countrys tightening of monetary policy, businesses, especially private ones, tend to fade away. According to incomplete statistics, Chinas private enterprises the life expectancy of only 3.5 years, from a

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