More generally, Lee?advocates?the partnership model as the best China market entry strategy for foreign tech companies.?According to Lee, it is no longer viable for multinationals with complicated products to successfully penetrate the China market through a direct subsidiary: “It’s too difficult. While they are learning and adapting, precious time flies by. During this time, Chinese rivals rise quickly and will develop faster than these multinationals.”
More than 3,000 vehicles manufactured by Chinese automakers, including Shanghai-based SAIC Motor Corp's MG and Maxus cars, board a ship for its maiden voyage on SAIC Motor's first shipping route to the west coast of South America on Thursday. [Photo provided to China Daily]
More monetary actions are needed to coordinate with the fiscal stimulus measures, such as further encouraging commercial banks to reduce the cost of loans, especially for small businesses, said Yang, a member of the Standing Committee of the 13th CPPCC National Committee.
More than 200 business people, politicians and diplomats gathered in the UK capital to discuss the future of China-UK relations at the 10th annual Young Icebreakers gala dinner, jointly hosted by China Chamber of Commerce in the UK, also called CCCUK, and business network the 48 Group Club.
More than 2,200 exhibitors from over 30 countries and regions registered to attend the event, and organizers expected to attract more than 65,000 professionals from more than 100 countries and regions.
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More than 1,000 residents of hard-hit Itbayat island — nearly half of the island's population of mostly fishermen — were advised not to return to their homes and stay in the town plaza as successive aftershocks shook the region, he said.
More than 225 students and alumnae are now suing the USC for failing to protect them from Dr. George Tyndall, including 51 women who filed suit in Los Angeles County Superior Court on Monday morning, the Los Angeles Times reported.
More than 150 well-known domestic brands were invited to a square in the Forbidden City to participate in a holiday fair that lasted from Jan 28 to Sunday.
More than 600 big industry names from over 10 countries and regions such as academician Xu Zhilei from the China Academy of Engineering Physics, academician Lu Bingheng from the China Engineering Academy, and Thom Mayne, winner of The Pritzker Architecture Prize, are expected to attend the event.