Exchange Database
Firms hear success tips in the US
Human capital is the key to success for Chinese companies doing business in the US, a panel discussion suggested. China's General Chamber of Commerce-USA and the China Business Studies Initiative of the University of San Francisco held a panel discussion on the release of a new survey report Chinese Enterprises in US at the University of San Francisco. Representatives of local Chinese enterprises, business schools, law firms and overseas organizations joined in the discussion. The survey was conducted by Yang Xiaohua, associate professor at the University of San Francisco, and Richard Huang, executive director of China General Chamber of Commerce-USA.
Outcomes:
This event is aimed at bringing policy makers, business insiders, business organizations and our students together to assist Chinese companies in going global. The report talked about the business environment for Chinese companies investing in the US. It also emphasizes that these companies need to be guided by local talents and experts and integrated into the local community. some Chinese enterprises operating in the US are not doing that well and they have to learn how to expand their business in a totally different business environment. Although more than 60 percent of Chinese companies in the US generate revenue, there are still more than 30 percent of them that operate at a loss, Yang said, adding that the high cost of doing business in the US was one of the reasons for their failure.
Government?:
No
Type of Exchange:
business
Partners:
China's General Chamber of Commerce-USA
China Business Studies Initiative
Participants (Types):
professors, consultants
Exchange Date:
Friday, August 29, 2014
Continuing:
No
Location:
San Francisco, California
*If you know more about this exchange, please contact us.