Green Hydrogen Technology Roadmap Europe – China as Competitor or Partner?In its efforts to promote energy transition in Europe and decarbonize the energy system, the Hydrogen Accelerator of the REPowerEU Plan highlighted the updated Green Hydrogen ambition. Upscaling of electrolysis capacities remain therefore as priority and with regards to PEM, European players still hold technology advantages. Which role does China play: Competitor or Partner?Europe formulated ambitious plans to boost green hydrogen This year, in its efforts to promote energy transition in Europe and decarbonize the energy system, the Hydrogen Accelerator of the REPowerEU Plan highlighted the updated Green Hydrogen (GH) …
US Semiconductor Ban on China & Implications for International Companies in China
US Semiconductor Ban on China & Implications for International Companies in ChinaAlongside the Chips and Science Act and a sweeping set of export controls, the US further undermines China’s ability to import, manufacture, and export the semiconductors that run the world. Finely calibrated and applied on most leading-edge chips, consequences are dramatic. International companies operating and banking on China are urged to re-balance and match their China strategy to prepare for de-risking but to stay in the game.US’s further moves to contain China’s semiconductor industry In early October 2022, the US issued nine new rules, detailing export controls on advanced …
2022 Single’s Day in China – Record set with New Players Joining the Frenzy
2022 Single’s Day in China – Record set with New Players Joining the FrenzyThis years’ China Single’s Day, also known as Double Eleven saw a stunning gross merchandising value beyond 1 trillion RMB for the first time. Besides the traditional e-commerce platforms Tmall, JD and Pinduoduo, the frenzy is joined by a variety of new retail platforms. Brands now have access to a much larger pool of consumers across different platforms but are required to refine their promotion strategies. Total GMV from all e-com platforms surpassed 1 trillion According to Syntun, an independent big data monitoring company, the total GMV …
Localization of Global ESG Strategy in China
SUSTAINABILITY –Localization of Global ESG Strategy in ChinaHow to adapt your global sustainability strategy to China?Sustainability is taking a core place in current and future policies in China and around the globe. Players in various industries should be well-prepared for upcoming changes. We support your local branches to adapt global sustainability strategies compatible to China.Globally, more and more multi-national companies (MNCs) are putting ESG as a key partof their group strategy. As leading manufacturing country and one of the largestmarkets, China plays an important role for those these MNCs. However, China is quitedifferent if it comes to regulatory fulfillment and …
De-risking China – Corporate Foresight and Risk Mitigation
De-risking China – Corporate Foresight and Risk MitigationIn times of ever-increasing geopolitical tensions China’s communist party held its 20th national congress, from the 16th to the 22nd of October, hinting at an even stronger push for self-sufficiency and preparing its population for challenges ahead in cooperating with the west.Soaring energy prices and a sky-high inflation made the headlines in Europe and beyond this year. The Russian invasion in the Ukraine being one main driver, putting into question an over-dependency on Russian oil and gas. This development as well put into spotlight the increasing mutual dependency of Europe, and especially Germany, …
RCEP Boosts Cross-Border E-Commerce
RCEP Boosts Cross-Border E-Commerce Since the Regional Comprehensive Economic Partnership (RCEP) came into effect, cooperation between RCEP regions has continued to deepen. On July 27, 2022, at the 2022 Consumption Innovation Forum of China International Consumer Products Expo, the RCEP Cross-Border E-commerce Purchase (B2C) Index report was released.The new RCEP B2C Index (RCEP Cross-Border E-commerce Purchase B2C Index), focuses on overseas small and medium-sized enterprises, presenting the development trend of digital trade in the RCEP regions. The trend of the new index shows that the that cross-border e-commerce in the RCEP region is booming. The average annual growth rate from 2019 …
Business Transformation Strategy
Business Transformation Strategy As China is advocating high-quality development, Western companies have seen development opportunities that focus on quality, also are anxious about how to enter and develop the local markets. EAC offers the business transformation mindset.“High-quality development“ is a national economic reform being pursued by the Chinese government. It is to shift national economy from a high-speed growth stage to a high-quality development stage. This wave of reforms revolves the supply of goods and services, Human Resources, and environmental sustainabilityDownload ArticleLatestOktober 31, 2022Localization of Global ESG Strategy in ChinaSeptember 29, 2022Business Transformation StrategyAugust 30, 2022“Design-to-Value” Machine Building ConceptAugust 30, …
XIAOHONGSHU BRAND MARKETING
XIAOHONGSHU BRAND MARKETING Xiaohongshu, or “Little Red Book”/“Red” is a Chinese social-commerce platform founded in 2013. Red started off serving as an online tour guide for Chinese shoppers abroad for consumers to review products and to share their shopping experiences. Currently as a lifestyle sharing platform, Red is considered as one of the prominent channels for brands to reach the wide Chinese consumers.Young and urban users with significant purchasing power The monthly active user (MAU) of Red reached 200 million in November 2021, doubling the MAU of 100 million in January 2020; 50% of the users live in tier 1/2 …
“Design-to-Value” Machine Building Concept
“Design-to-Value” Machine Building ConceptGrowth in local mainstream markets is an important strategic topic for Western visionary machinery companies. Get insights from EAC’s investigation on how foreign players could develop “Fit-to-Mainstream-Segment” machines in China and AsiaGrowth in Chinese MAINSTREAM market has long become a prioritized strategic approach for most Western machinery companies. Leading players believe a “Dual Business Model” can leverage existing strength in premium segment and simultaneously capture new opportunities in the local MAINSTREAM market.Download ArticleLatestOktober 31, 2022Localization of Global ESG Strategy in ChinaSeptember 29, 2022Business Transformation StrategyAugust 30, 2022“Design-to-Value” Machine Building ConceptAugust 30, 2022Service Excellence of Industrial Companies in …
Service Excellence of Industrial Companies in China
Service Excellence of Industrial Companies in ChinaLocal customers are increasingly looking for qualified pre- and after-sales services from Western manufacturers, while leaderships often lose their edge on “Fit-to-Mainstream” local service strategy. EAC offers the service excellence strategy concept.Please find the link to our latest white paper on service in China below.Download ArticleLatestOktober 31, 2022Localization of Global ESG Strategy in ChinaSeptember 29, 2022Business Transformation StrategyAugust 30, 2022“Design-to-Value” Machine Building ConceptAugust 30, 2022Service Excellence of Industrial Companies in China
Technology Transformation in E-Mobility
Technology Transformation in E-MobilityTo ride on the E-mobility trend and derive a second growth curve, companies should positively confront the significant change, actively explore new fields, proactively plan the technology transformation to evolutionize the business.E-mobility presents a fundamental technological change for the automotive industry and meanwhile brings new opportunities for well-prepared industrial players. Companies staying in the “comfort zone” with traditional technology may struggle to keep up with new innovations and lose market share to competitors and new entrants. EAC helps you to facilitate and achieve the technology transformation. Download the full article by clicking the button below.Download ArticleLatestOktober 31, …
Platform Business Models – Are Investments Justified?
Platform Business Models – Are Investments Justified?Can traditional process-based firms do asset light business? Is there a possibility to get into platform model of business as a replacement or an augmentation to existing source of revenue without increasing the operating cost too much? More than 60% of the Fortune 500 companies employ platform-based business models for their operations (most of them are consumer focused software system based B2C organizations) and the trend has quickly shifted to B2B companies in the recent past who wish to be closer to their final consumers. The issue is of commercialization of the innovation model …