Assessment Report on Business Environment for Foreign-funded Companies(Zhejiang)

In spite of the slowdown in world economic growth and the escalation of geopolitical tensions,the numerous multinational companies still cast votes of confidence in the Chinese market with their practical actions.In particular,Zhejiang Province displayed its magnetic attraction for high-quality foreign investment.Data shows that in 2023,the province’s actual use of FDI(foreign direct investment)came at USD 20.2 billion(exceeding USD 20.0 billion for the first time ever),ranked the 4th nationwide.The total FDI saw an increase of 4.8%year on year,and FDI used in the manufacturing sector rose by 85.8%,whose percentage in the total reached a record high.

Leading Chinese Companies to Seek Opportunities in Overseas Markets

On April 14,a flight from China landed at ingsford Smith Airport in Sydney,marking the beginning of the journey for Chinese companies entering the Australian and New Zealand markets.The"Thousands of Entrepreneur Delegations Going Overseas"activity is an important measure taken by China Council for the Promotion of International Trade(CCPIT) to help companies develop in foreign markets and promote practical cooperation between Chinese and foreign businesses.Since the beginning of the year.

Research on the path of effective management of participation in joint-venture railway companies by China railway group

Purpose-Following the regional restructuring,the number of joint-venture railway companies in which the Group participates has significantly increased.This paper aims to explore the challenges faced by China Railway Group in managing participation in joint-venture railway companies.The study seeks to propose specific approaches to ensure the effective management of these companies,thereby maximizing the benefits of the regional restructuring and supporting the development of a strong transportation country and a modern infrastructure system.Design/methodology/approach-Based on the change in the shareholding relationship between China Railway Group and the joint-venture railway companies,and considering the current situation of the regional restructuring of these companies,as well as the insights from existing literature and typical case studies,this paper proposes some specific paths for effective management of joint-stock railway companies which China Railway Group participated in.Findings-The problems in participation management are the unclear dual leadership role of the party committee,the lack of discourse power,the lack of synergy between shareholders,the increasing risk of sustainable operation of the loss-making companies and the role of dispatched personnel is not fully played.Based on the theories,combined with the existing research and practical cases,the paper proposed specific approaches,such as perfecting top-level system design,maintaining the discourse power,carrying out differentiated management,arranging personnel rationally,arranging shareholders synergy,and innovating methods to provide references for China Railway Group’s subsequent management of joint venture railway companies.Originality/value-This paper contributes to the existing literature by providing a comprehensive analysis of the challenges faced by China Railway Group in managing participation in joint-venture railway companies following the regional restructuring.The study offers novel insights and practical recommendations for addressing these challenges.The findings can serve as valuable references for China Railway Group’s subsequent management of joint-venture railway companies which participated in,as well as for other stateowned enterprises facing similar challenges in managing their joint ventures.

Influence of Energy Policies on Development Path of US Oil Companies

Focused on“energy security”,US energy policies have undergone a multi-stage evolution.The main line has shifted from ensuring the oil and gas supply to achieving energy independence,and then to diversified development under a broader concept of energy security.The development path of US oil and gas companies is guided and influenced by series of policies.Represented by ExxonMobil and Chevron,US oil companies are maintaining a long commitment to the oil and gas business,especially unconventional resources such as shale gas and shale oil.Different from their European counterparts,US oil companies have chosen CCS/CCUS as their primary method for achieving carbon neutrality.As for the new energy business,the US oil giants are showing more interest in raw materials such as lithium resources rather than the power generation business.

Construction of Value-Creation Oriented Carbon Assets Management System of Oil Companies

As climate change draws more attention globally,the development of low-carbon economy has become an inevitable choice for mankind to achieve sustainable development.The increasingly strict control of carbon emission is making carbon emission rights a scarce resource and endowing the rights with the attributes of assets and commodities.China has announced the goal of“carbon emission peaking before 2030 and carbon neutralization before 2060”.Responding to this goal,as major carbon emitters,oil companies play the role of a driving force for green and low-carbon development.Carbon assets management is a key path for oil companies to achieve emission reduction goals and low-carbon transformation.However,the carbon assets management of China’s oil companies is still in the initial stage,with the system and regulations not yet sound,and the management process not yet closed loop.First the modes and experiences of carbon assets management in major international oil companies is introduced.Then the objective logical relationship and linkage laws between carbon assets management and enterprise value creation are comprehensively analyzed by integrating the basic theories of economics and management.On this basis,a value-creation oriented carbon assets management system for oil companies is constructed,mainly covering aspects such as enterprise strategy,control mechanisms,carbon inventory,and management modes.

Evolution and Governance of the Structure of Marine Economic Networks in China’s Coastal Areas: Based on Sea-related A-share Listed Companies

Data on discrete,isolated attributes of the marine economy are often used in traditional marine economic research.However,as the focus of urban research shifts from internal static attributes to external dynamic linkages,the importance of marine economic net-work research is beginning to emerge.The construction of the marine economic network in China’s coastal areas is necessary to change the flow of land and sea resources and optimize regional marine economic development.Employing data from headquarters and branches of sea-related A-share listed enterprises to construct the marine economic network in China,we use social network analysis(SNA)to discuss the characteristics of its evolution as of 2010,2015,and 2020 and its governance.The following results were obtained.1)In terms of topological characteristics,the scale of the marine economic network in China’s coastal areas has accelerated and expan-ded,and the connections have become increasingly close;thus,this development has complex network characteristics.2)In terms of spatial structure,the intensity of the connection fluctuates and does not form stable development support;the group structure gradually becomes clear,but the overall pattern is fragmented;there are spatial differences in marine economic agglomeration radiation;the radi-ation effect of the eastern marine economic circle is obvious;and the polarization effect of northern and southern marine economic circles is significant.On this basis,we construct a framework for the governance of a marine economic network with the market,the government,and industry as the three governing bodies.By clarifying the driving factors and building objectives of marine economic network construction,this study aims to foster the high-quality development of China’s marine economy.

7th CIIE likely to prove solid growth platform for many companies

The robust demand of the Chinese market and the improving business environment in the country make China a big growth opportunity for companies wishing to further expand their operations,said corporates that have registered to participate at this year's China International Import Expo.The 7th edition of the annual CIIE,to be held in Shanghai from Nov 5 to 10,started its 100-day countdown on Saturday.

Management Practices:Shaping Employee Satisfaction and Commitment in Large German Companies

The rapid evolution of the political,economic,and social landscape has generated increased interest in understanding the contextual application of management styles and behaviours toward employees.In this context,organizations must comprehend and assess employee satisfaction to enhance productivity and realize their strategic and economic goals.Therefore,this study aims to investigate the prevailing and significant management behaviours toward employees in large German companies and their impact on employee satisfaction and job commitment.To achieve the research objective,the study will employ a qualitative method to explore management behaviours toward employees.Data were collected through interviews with randomly selected managers from different companies and departments.The study aims to uncover discrepancies or variations in employee expectations regarding management behaviour.The findings will provide a better understanding of the most prevalent and significant management behaviours toward employees in large German companies and their impact on employee satisfaction and job commitment.The results will be valuable to management in adopting suitable leadership styles and improving employee satisfaction,leading to increased productivity and organizational performance.The research will contribute to the existing body of knowledge in the field of management and human resource management by providing insights into the impact of management behaviours on employees.It will also offer recommendations to management on how to enhance employee satisfaction and job commitment,leading to improved organizational performance.In conclusion,this study will investigate the prevailing management behaviours toward employees in large German companies and their impact on employee satisfaction and job commitment.

Indian textile companies continue to succeed in Bangladesh

The central bank data shows Bangladesh's import of RMG raw materials such as raw cotton,yarn,fabric and dyeing materials was US$7.92 billion in the first half of FY'24.The BGMEA reports Bangladesh's apparel exports are 71 per cent cotton-based.The country,however,meets 99 per cent of its cotton demand through imports.After Brazil,India is the second la rgest cotton supplier to Bangladesh and holds a 12 per cent market share,according to United States Department of Agriculture (USDA).

Current Situation and Prospects of Chinese Oil Companies’Overseas Oil and Gas Cooperation

In 2022,with the COVID-19 pandemic and geopolitical conflicts,the world faced major changes unseen in a century.Chinese oil companies worked hard to overcome many unfavorable factors and insisted on focusing on efficiency and promoting the high-quality joint construction of the“Belt and Road”.Further breakthroughs were achieved in asset optimization,and simultaneous increases in quantity and efficiency were secured in overseas oil and gas cooperation.

Energy Companies’Green Finance Strategies in the Context of Carbon Neutrality

In September 2020,Chinese President Xi Jinping solemnly announced the goal of“carbon peaking and carbon neutrality”.Carbon neutrality and green transition requires not only political promotion and fiscal support,but also social capital investment in green industries.Green financing is also an effective way to promote the low-carbon development of China’s energy companies.In this paper,on the basis of defining green finance,we reviewed the policies of green finance in China,described various tools of green finance,summarized green finance business of energy companies,and made case studies.This research combined macro policy and market,and micro industry and enterprise.

Sustainable Marketing at the Heart of Cosmetics Companies:Myth or Reality?

Cosmetic companies are trying to include more sustainability in their strategies. But, showing commitment is always a challenge for them. This work consists in showing the degree of commitment of cosmetic companies in their marketing practices. The qualitative study carried out aims to determine the level of their commitment in terms of sustainability, based on 10 websites of “sustainable” cosmetics companies that sell their products online, and on defining sustainability criteria for each variable of the marketing mix. The results indicate that the majority of the companies analyzed are aware of the importance of sustainability and have taken measures to have a positive impact on the economy, society and the environment. The companies have made considerable efforts in “product” and “communication” strategies, but additional improvements can be envisaged for “price” and “distribution” strategies.

Setting the Arena Chinese companies play active roles in promoting sports in Africa

Enthusiastic football fans filled the 20,000 seats of the Laurent Pokou Stadium in San Pédro,C魌e d’Ivoire on 9 September,as the newly built stadium hosted its first official match,between C魌e d’Ivoire and Lesotho.Among the audience was Wang Neng,staff member of China Civil Engineering Construction Corp.,the builder of the venue.As a football lover,he was thrilled to watch his idol Sébastien Haller playing in the game and even took a photo with him after the match.As deputy manager for the company’s Laurent Pokou Stadium project,he came with 30 of his colleagues to see how people would find the modern facility they had built.“Everybody likes the stadium.Haller said it is very good in an interview after the match,”Wang told Beijing Daily.

The huge innovation strength makes Swiss companies have great competitiveness--Interview with Ms.Cornelia Buchwalder,Secretary General of Swissmem,Swiss Textile Machinery

Despite the pandemic, 2020 and 2021 were good years for the Swiss textile machinery industry. In 2022 Swiss textile machinery exports were 2.8% higher than in 2021. The main export markets were China, India, Germany, Türkiye and the USA. However, this should not hide the fact that the markets are slowing down and that this growth was mainly due to the good first half of 2022.

The Impact of Leadership on the Growth of ICT Companies

Nowadays,one of the major purposes of any company is to survive in the competitive business markets.This purpose would be achievable through improving and developing growth in most cases.Prior studies suggest that leadership is a vitally important factor in achieving growth in any company.Some researchers studied leadership topics as one of the significant motivations for developing and improving the growth of a company and agreed that understanding the role of leadership and its effect on the growth of the company is influential.In all countries,Information Communication Technology(ICT)companies are recognized as significant growth drivers by leaving considerable impacts on that.According to the literature,growth is a determining factor for the productivity of any company.Based on the literature of the ICTs,weak and insufficient leadership skills are considered as the main factors that cause failure in achieving the planned growth and development of ICT.Consequently,the goal of this study is to clarify how leadership affects the development of ICT enterprises.

An Analysis on Cultural Values of Companies from China and the United States——Based on Hofstede's Cultural Dimension Theory

Nowadays, commercial competition is becoming fiercer and fiercer, and with the globalization proceeding, when a company tries to expand, promote and develop, it needs to adapt itself to the open business society while not losing its own culture. Since English has been widely used in the world, an effective and suitable English website is essential for a company to use as a kind of advertisement and publicity, where its cultural values are presented.With companies' websites as subjects and Hofstede's cultural dimension theory as the theoretical basis, this study, through text content and data analysis of company profiles,strategies and cultures, tries to find out the tendency of Chinese and American companies on the five cultural value dimensions,which is power distance, uncertainty avoidance, individualism, masculinity and long-term orientation. Accordingly, constructive suggestions are put forward to help appease and avoid misunderstandings, and promote business communication and collaboration.

Event-Based Anomaly Detection for Non-Public Industrial Communication Protocols in SDN-Based Control Systems

As the main communication mediums in industrial control networks,industrial communication protocols are always vulnerable to extreme exploitations,and it is very difficult to take protective measures due to their serious privacy.Based on the SDN(Software Defined Network)technology,this paper proposes a novel event-based anomaly detection approach to identify misbehaviors using non-public industrial communication protocols,and this approach can be installed in SDN switches as a security software appliance in SDN-based control systems.Furthermore,aiming at the unknown protocol specification and message format,this approach first restructures the industrial communication sessions and merges the payloads from industrial communication packets.After that,the feature selection and event sequence extraction can be carried out by using the N-gram model and K-means algorithm.Based on the obtained event sequences,this approach finally trains an event-based HMM(Hidden Markov Model)to identify aberrant industrial communication behaviors.Experimental results clearly show that the proposed approach has obvious advantages of classification accuracy and detection efficiency.

Analysis and forecasts of investment scale and structure in upstream sector for oil companies based on system dynamics

Oil and gas exploration and production is the most important and key segment in the whole business chain of the petroleum industry.Therefore,oil companies always put much emphasis on making scientific and reasonable decisions about investment scale and structure in the upstream sector,so that they can minimise business risks and obtain high returns.According to the system dynamics theories and methods and based on the actual results from an oil company＇s practice in China,a system dynamics model is built in this paper for analyzing and forecasting the upstream investment scale and structure for an oil company.This model was used to analyze the investment effect of a large oil company in China, and the results showed that the total upstream investment scale will decline slowly in a short period and the investment proportion of different parts should be adjusted if some influencing factors are taken into account.This application practice was compared with the actual data and indicated that the system dynamics（SD） model presented in this paper is a useful tool for analyzing and forecasting of upstream investment scale and structure of oil companies in their investment decisions.

Assessment of and Countermeasures against International Political Risk for Chinese Oil Companies

Considering the circumstances of Chinese oil companies and the latest development of international politics and world oil situation, this paper analyzes the implication and main factors of international political risk for Chinese oil companies, and presents the principles, mode and scoring method for the assessment of international political risk. Strategies and suggestions to manage international political risk in their overseas business are provided for Chinese oil companies.

Fuzzy Comprehensive Assessment of Transnational Operation Environment for Chinese Oil Companies

A comprehensive method was developed to assess the transnational operation environment in host countries for Chinese oil companies. This method includes an assessment criterion system of the environment, which is to be scored by the experts. Analytical Hierarchy Process （AHP） and fuzzy mathematical methods were used to make evaluation and get the assessment result and ranking of three host countries.