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 G...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.展开更多
Forming a joint venture (JV) in China can be a successful endeavor as long as each side’s goals, contributions and responsibilities are mutual and understood. Unfortunately, this is not always the case,
Valeo and Shashi Electric Instruments and Meter Industrial Company have set up a joint company under the name of Valeo Automotive Air Conditioning Hubei Co. Ltd. This new company,in which Valeo has a 55% stake,is base...Valeo and Shashi Electric Instruments and Meter Industrial Company have set up a joint company under the name of Valeo Automotive Air Conditioning Hubei Co. Ltd. This new company,in which Valeo has a 55% stake,is based in Shashi in the province of Hubei and展开更多
IN 1984 the State Council granted 14 coastal areas privileged economic policies. As a result, the Tianjin Economic Development Area (TEDA) has risen from an area of mere saline-alkali soil to a modern iudustrial block...IN 1984 the State Council granted 14 coastal areas privileged economic policies. As a result, the Tianjin Economic Development Area (TEDA) has risen from an area of mere saline-alkali soil to a modern iudustrial block dotted with high-rise buildings. Covering an area of 30 square Kilometers TEDA has proven itself top among China’s economic展开更多
AFast quenching NdFeB permanent magnet—a high-tech product filling in the domestic gaps—has been put into mass production by the Beijing Century New Magnetics Co. Ltd. Previously, only the United States of America h...AFast quenching NdFeB permanent magnet—a high-tech product filling in the domestic gaps—has been put into mass production by the Beijing Century New Magnetics Co. Ltd. Previously, only the United States of America had patent rights for production and sale of fast quenching NdFeB Magnets, and only General Motor Company could produce such high-tech products.展开更多
Charas Li, deputy general manager of Shanghai-Ek Chor Motorcycle Co. Ltd., which has been named one of the best 10joint ventures in China, enjoys a close association with his employees. Reporter Qian Youwei, talked to...Charas Li, deputy general manager of Shanghai-Ek Chor Motorcycle Co. Ltd., which has been named one of the best 10joint ventures in China, enjoys a close association with his employees. Reporter Qian Youwei, talked to Charas Li about the establishment and development of his company. Li said that the international展开更多
If you are representing a foreign-funded institution in setting up a foreign-funded bank or financial company in Shanghai, you should have a representative agency already established within the boundaries of China for...If you are representing a foreign-funded institution in setting up a foreign-funded bank or financial company in Shanghai, you should have a representative agency already established within the boundaries of China for more than two years, and general assets at the end of the previous year should not be less than US $ 10 billion. The country or region you are residing in should have展开更多
The Weisheng Electronics Co., Ltd., a Sino-foreign hi-tech joint venture, is based in Changsha, capital of Hunan Province. This science-industry-trade integrating hi-tech industrial group has branches in Beijing, Shan...The Weisheng Electronics Co., Ltd., a Sino-foreign hi-tech joint venture, is based in Changsha, capital of Hunan Province. This science-industry-trade integrating hi-tech industrial group has branches in Beijing, Shanghai and Hongkong. Since its founding, the company has developed hitech products in energy, finance and health, intelligent energy measuring products in particular. It has taken the lead in the province’s Sino-foreign hitech enterprises. Using RMB 110 million of funds for its first-phase project, the展开更多
In 1994, the Sino-French Joint Venture Dynasty Wine Company was far ahead in the trade once again, with the outstanding achievement of making profits of RMB550 thousand per employee. Since the factory was established ...In 1994, the Sino-French Joint Venture Dynasty Wine Company was far ahead in the trade once again, with the outstanding achievement of making profits of RMB550 thousand per employee. Since the factory was established in 1980, the annual wine production of the Dynasty Company has developed from 100 thousand bottles to 13.3 million bottles. The market share of Dynasty wine in the domestic products of the same category is more than 50%. China’s over 270 diplomatic corps quartered abroad all give receptions展开更多
Although it was reported that the title of 5000th Sino-foreign joint venture in Beijing had been conferred on Wall’s, it nevertheless remained a strange name to most Beijingers. However, on one of the hottest days la...Although it was reported that the title of 5000th Sino-foreign joint venture in Beijing had been conferred on Wall’s, it nevertheless remained a strange name to most Beijingers. However, on one of the hottest days last summer, the name Wall’s was seen in the Beijing streets and lanes, the ice-cream kept in small glass refrigerated cases standing under red and blue umbrellas with the trademark of Wall’s on them. This展开更多
Established in 1991,thecompany exclusively produces andmanages numerical control lathesmajored at processing centres ofvarious specifications.It has a verygood condition for fair competition,with complete production p...Established in 1991,thecompany exclusively produces andmanages numerical control lathesmajored at processing centres ofvarious specifications.It has a verygood condition for fair competition,with complete production processesfrom casting,machining toassembling,an excellent staffengaged in product development,production,quality control展开更多
On December 20,2016 the construction of the SinoKuwait Guangdong integrated refining/chemical join venture project,which is the largest Sinopec’s projec under construction and also the key construction project of Gua...On December 20,2016 the construction of the SinoKuwait Guangdong integrated refining/chemical join venture project,which is the largest Sinopec’s projec under construction and also the key construction project of Guangdong province,had been kicked off comprehensively.This project is located in the new district of the East Sea Island inside the Zhanjiang Economic Development展开更多
基金China State Railway Group Co.,Ltd.has supported this work as a critical project(Grant No.:N2022Z020).
文摘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.
文摘Forming a joint venture (JV) in China can be a successful endeavor as long as each side’s goals, contributions and responsibilities are mutual and understood. Unfortunately, this is not always the case,
文摘Valeo and Shashi Electric Instruments and Meter Industrial Company have set up a joint company under the name of Valeo Automotive Air Conditioning Hubei Co. Ltd. This new company,in which Valeo has a 55% stake,is based in Shashi in the province of Hubei and
文摘IN 1984 the State Council granted 14 coastal areas privileged economic policies. As a result, the Tianjin Economic Development Area (TEDA) has risen from an area of mere saline-alkali soil to a modern iudustrial block dotted with high-rise buildings. Covering an area of 30 square Kilometers TEDA has proven itself top among China’s economic
文摘AFast quenching NdFeB permanent magnet—a high-tech product filling in the domestic gaps—has been put into mass production by the Beijing Century New Magnetics Co. Ltd. Previously, only the United States of America had patent rights for production and sale of fast quenching NdFeB Magnets, and only General Motor Company could produce such high-tech products.
文摘Charas Li, deputy general manager of Shanghai-Ek Chor Motorcycle Co. Ltd., which has been named one of the best 10joint ventures in China, enjoys a close association with his employees. Reporter Qian Youwei, talked to Charas Li about the establishment and development of his company. Li said that the international
文摘If you are representing a foreign-funded institution in setting up a foreign-funded bank or financial company in Shanghai, you should have a representative agency already established within the boundaries of China for more than two years, and general assets at the end of the previous year should not be less than US $ 10 billion. The country or region you are residing in should have
文摘The Weisheng Electronics Co., Ltd., a Sino-foreign hi-tech joint venture, is based in Changsha, capital of Hunan Province. This science-industry-trade integrating hi-tech industrial group has branches in Beijing, Shanghai and Hongkong. Since its founding, the company has developed hitech products in energy, finance and health, intelligent energy measuring products in particular. It has taken the lead in the province’s Sino-foreign hitech enterprises. Using RMB 110 million of funds for its first-phase project, the
文摘In 1994, the Sino-French Joint Venture Dynasty Wine Company was far ahead in the trade once again, with the outstanding achievement of making profits of RMB550 thousand per employee. Since the factory was established in 1980, the annual wine production of the Dynasty Company has developed from 100 thousand bottles to 13.3 million bottles. The market share of Dynasty wine in the domestic products of the same category is more than 50%. China’s over 270 diplomatic corps quartered abroad all give receptions
文摘Although it was reported that the title of 5000th Sino-foreign joint venture in Beijing had been conferred on Wall’s, it nevertheless remained a strange name to most Beijingers. However, on one of the hottest days last summer, the name Wall’s was seen in the Beijing streets and lanes, the ice-cream kept in small glass refrigerated cases standing under red and blue umbrellas with the trademark of Wall’s on them. This
文摘Established in 1991,thecompany exclusively produces andmanages numerical control lathesmajored at processing centres ofvarious specifications.It has a verygood condition for fair competition,with complete production processesfrom casting,machining toassembling,an excellent staffengaged in product development,production,quality control
文摘On December 20,2016 the construction of the SinoKuwait Guangdong integrated refining/chemical join venture project,which is the largest Sinopec’s projec under construction and also the key construction project of Guangdong province,had been kicked off comprehensively.This project is located in the new district of the East Sea Island inside the Zhanjiang Economic Development
