久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

US EUROPE AFRICA ASIA 中文
Business / View

The city that is ready, willing and able

By Mike Bastin (China Daily) Updated: 2013-01-28 11:23

Wenzhou's culture of entrepreneurship is a powerful drawcard

It may come as a surprise to some that many of China's larger companies are experiencing financial hardship and are even losing money. For example, the profits of Li Ning, a long-time beacon of Chinese consumer goods producers, fell 85 percent in the first half of last year, and there is already talk of losses this year.

So China's army of small and medium-sized enterprises now shoulder even more responsibility if the country's economic emancipation is to continue at such impressive pace.

Key to any substantial emergence among SMEs is the right partnership with another SME. But where does selecting an ideal partner begin?

What better place to start than Wenzhou, in Zhejiang province, with its culture of entrepreneurship and multitude of small and medium-sized, innovative enterprises. Venture capitalists in Europe and elswhere need look no further than this hotbed of business.

While most Chinese business people remain wedded to a corporate culture based on Confucian values, Wenzhou's army of creative yet market-oriented organizations set a benchmark of modern business for the rest to emulate.

In fact, the reputation of business people in Wenzhou stretches far beyond China. Across large parts of Europe and the US the entrepreneurs of Wenzhou have an enviable reputation for their business acumen.

Furthermore, recent finance and investment reforms in the city have made businesses there an even more attractive partner for international SMEs seeking an entry to, or expansion across, the Chinese market. As a result of recent initiatives by the central government, Wenzhou's entrepreneurs now have the freedom to set up small banks among themselves, possibly reducing or even eliminating the reliance on the country's larger banks and financial institutions, which are often out of touch with the latest business trends and commercial opportunities.

Even more exciting is the initiative allowing Wenzhou's entrepreneurs to make overseas investments directly in Chinese yuan. European finance houses should take note.

Allowing private investors more freedom to set up small banks is a welcome move, as is permitting individuals to make overseas direct investment in yuan.

So, where does this Wenzhou culture of entrepreneurship come from and will it endure?

Undoubtedly Wenzhou's coastal location and proximity to Shanghai has played a role. However, the city's appetite for aptitude in business dates back centuries. So Wenzhou's reputation has not accrued just since China's reform and opening-up policy began in the late 1970s.

Once renowned for light industry and portable products, Wenzhou's entrepreneurs have now built successful businesses, most of which trade internationally as well as nationally, across the full range of manufactured goods and services.

Clearly, the Wenzhou entrepreneurial and enterprise culture is here to stay, so European and US small and medium-sized enterprises and entrepreneurs need look no further than it.

Finding the right partner has always been, and will probably always be, key to success on the Chinese mainland. Smaller companies often find this even more difficult with fewer financial and human resources to enable a thorough search. Partnerships between large and small enterprises are notoriously prone to failure, given the imbalance in power between participants. Wenzhou's small businesses are also acutely aware of the challenges facing smaller companies throughout the country.

Market opportunities will increase nationally, especially in second and third-tier cities. But success in these cities is even more challenging than in the first-tier cities, and flexibility and a suitable Chinese partner are all important.

Wenzhou business partners will prove ideal at decoding consumers and other aspects of the business environment across China's lesser-known towns and cities

Despite these compelling reasons, a note of caution is needed in considering any kind of tie-up with a small business in Wenzhou.

Many of them continue to pursue a low-cost, low-price business model in which short-term profit and speed of distribution dominate. Long-term investment in building premium brands rarely takes place. Hence the vulnerability to even slight downturns in economic conditions and consumer purchasing power.

That means that with European and US export markets struggling, Wenzhou's businesses are in even greater need of a suitable European or US business partner.

Selecting a partner in the city should not just look at financial criteria but at the attitude toward training and adapting to a more modern, brand-oriented business culture.

It is likely that Wenzhou's small companies have been influenced by the dominance of China's largest, mainly state-owned, organizations and their outdated, conservative approach to business. The city's entrepreneurs have not just earned a reputation for spotting a market opportunity but have also demonstrated agility and adaptability in the process. This can be seen in the vast array of products and services on offer.

Possible tie-ups with Wenzhou business partners should not just be seen as an exciting opportunity for joint expansion across China. Wenzhou partners will be extremely interested and able to provide investment in any attractive business opportunity in any market.

The author is a visiting professor at the University of International Business and Economics in Beijing and a researcher at Nottingham University's School of Contemporary Chinese Studies. The views do not necessarily reflect those of China Daily.

Hot Topics

Editor's Picks
...
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    99热精品国产| 8v天堂国产在线一区二区| 中文字幕一区二区三区四区不卡| 不卡一区二区三区四区| 中文字幕一区二| 欧美最新大片在线看 | 国产欧美一区二区在线观看| thepron国产精品| 亚洲综合激情小说| 制服丝袜中文字幕亚洲| 国产在线视频不卡二| 国产亚洲自拍一区| 91传媒视频在线播放| 免费精品视频最新在线| 欧美激情一区二区三区蜜桃视频| 91免费版在线| 日本伊人色综合网| 中文字幕乱码亚洲精品一区| 91成人免费电影| 精品一区二区免费| 亚洲欧美一区二区不卡| 91精品国产综合久久久蜜臀图片| 国产成人av自拍| 一区二区成人在线视频| 日韩欧美视频一区| 成年人网站91| 蜜桃免费网站一区二区三区| 中文字幕中文字幕一区| 91麻豆精品久久久久蜜臀| 国产suv一区二区三区88区| 一区二区三区四区不卡视频| 亚洲精品在线电影| 91精品1区2区| 国产黄色成人av| 婷婷亚洲久悠悠色悠在线播放| 久久综合色综合88| 欧美日精品一区视频| 国产伦精一区二区三区| 五月天亚洲婷婷| 中文字幕精品在线不卡| 欧美一级日韩不卡播放免费| 99精品一区二区| 韩国在线一区二区| 亚洲成人免费视频| 中文乱码免费一区二区| 日韩视频在线永久播放| 91视频国产资源| 国产高清一区日本| 日韩精品国产欧美| 亚洲精品免费在线| 久久精品人人做人人爽97| 欧美精品丝袜中出| 91在线无精精品入口| 精品一区二区国语对白| 亚洲成人一区在线| 国产精品毛片大码女人| 精品国产一区二区精华| 欧美亚洲日本一区| 99精品1区2区| 国产精品一卡二| 蜜桃久久久久久| 亚洲高清免费在线| 综合久久久久久久| 国产午夜精品美女毛片视频| 日韩欧美国产wwwww| 欧美日韩一区二区三区在线看| av在线不卡网| 国产精品一二三四五| 免费成人av资源网| 亚洲3atv精品一区二区三区| 亚洲男人的天堂在线aⅴ视频| 亚洲国产精品国自产拍av| 精品国产乱码久久久久久影片| 6080yy午夜一二三区久久| 色噜噜狠狠色综合中国| 暴力调教一区二区三区| 国产精品99久久久久久久女警| 青青草国产成人av片免费| 香蕉乱码成人久久天堂爱免费| 亚洲人成网站影音先锋播放| 国产精品三级视频| 久久久久久久精| 337p粉嫩大胆色噜噜噜噜亚洲| 91精品国产福利在线观看 | 在线观看视频91| 99久久er热在这里只有精品66| 国产成人免费在线观看| 狠狠色丁香婷综合久久| 麻豆freexxxx性91精品| 麻豆精品精品国产自在97香蕉 | 成人毛片在线观看| 国产精品1区二区.| 国产乱码精品一区二区三区av | 国产成人精品在线看| 国产在线播放一区| 韩日欧美一区二区三区| 精品一区二区三区影院在线午夜 | 美女免费视频一区二区| 欧美a一区二区| 另类小说欧美激情| 久久99精品久久久久久动态图| 九一久久久久久| 久久99精品国产| 国产精品一区一区| 国产精品1024| 成人动漫一区二区在线| 99久久精品国产毛片| 色噜噜狠狠色综合欧洲selulu| 色嗨嗨av一区二区三区| 欧美在线播放高清精品| 欧美三级视频在线播放| 7777精品伊人久久久大香线蕉 | 亚洲欧洲日产国产综合网| 亚洲三级免费电影| 一区二区三区日韩欧美精品| 亚洲小说春色综合另类电影| 性做久久久久久久免费看| 全国精品久久少妇| 国产一区二区福利| 成人精品gif动图一区| 91久久线看在观草草青青| 欧美日韩免费视频| 日韩免费视频一区| 久久久久国产精品麻豆| 国产精品国产三级国产专播品爱网| 亚洲视频小说图片| 亚洲18影院在线观看| 精品一区二区三区的国产在线播放| 国产精品综合二区| 99久久婷婷国产| 欧美日韩视频专区在线播放| 欧美一二三四在线| 国产视频一区在线观看| 自拍偷自拍亚洲精品播放| 亚洲综合av网| 狠狠色丁香久久婷婷综| 不卡区在线中文字幕| 欧美日韩午夜在线| 久久综合一区二区| 亚洲人成网站精品片在线观看| 日韩精品一区第一页| 国产乱理伦片在线观看夜一区| 99久久伊人精品| 91精品国产综合久久香蕉的特点 | 在线观看av一区| 日韩欧美国产午夜精品| 国产精品免费网站在线观看| 一区二区三区鲁丝不卡| 蜜臀99久久精品久久久久久软件| 成人黄色大片在线观看| 欧美精品久久一区二区三区| 国产亚洲精品久| 亚洲综合在线观看视频| 国产一区二区三区免费在线观看| 99久久精品国产麻豆演员表| 日韩一级成人av| 中文字幕一区二区三区不卡在线| 天天综合网 天天综合色| 国产不卡视频一区二区三区| 欧美午夜精品一区二区三区| 国产丝袜欧美中文另类| 亚洲成人av福利| 丁香婷婷综合激情五月色| 欧美日韩日日夜夜| 国产精品视频一二| 日韩av一级片| 91网站最新网址| 精品久久一二三区| 一区二区三区免费观看| 国产夫妻精品视频| 欧美日韩国产成人在线免费| 中文在线免费一区三区高中清不卡| 五月天中文字幕一区二区| 99热99精品| 久久久精品tv| 无码av免费一区二区三区试看| 不卡一区二区在线| 精品国产露脸精彩对白| 丰满亚洲少妇av| 26uuu久久天堂性欧美| 亚洲欧美另类综合偷拍| 免费精品99久久国产综合精品| 99精品国产91久久久久久| 精品久久久久久无| 亚洲国产精品视频| 成人精品国产福利| 精品成人一区二区三区| 婷婷开心激情综合| 日本高清不卡aⅴ免费网站| 国产片一区二区| 久久99热这里只有精品| 欧美色欧美亚洲另类二区| 国产精品久久久久久久久久免费看 | 精品亚洲成av人在线观看| 欧美日韩视频专区在线播放| 国产精品白丝在线| 国产毛片精品一区| 日韩亚洲欧美在线观看| 午夜在线成人av| 91久久奴性调教|