Lokalisierung der globalen ESG-Strategie in China

Lokalisierung der globalen ESG-Strategie in ChinaWeltweit machen immer mehr internationale Unternehmen (MNCs) ESG zu einem zentralen Bestandteil ihrer Konzernstrategie. Als führendes Produktionsland und einer der größten Märkte spielt China für diese MNCs eine wichtige Rolle. China hat jedoch andere Anforderungen, wenn es um die Erfüllung gesetzlicher Vorschriften und die Einführung von ESG-Initiativen geht, da China seine eigene Strategie und Roadmap in Richtung Nachhaltigkeit hat. Dies macht die Lokalisierung der ESG-Strategie zu einer wesentlichen Aufgabe für alle chinesischen Niederlassungen multinationaler Unternehmen.Gemäß der Mission der nationalen Entwicklung und Erneuerung betonte Präsident Xi im Bericht des 20. Nationalkongresses der Kommunistischen Partei Chinas (KPCh) …

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 …

Service Excellence von Industrieunternehmen in China

Service Excellence von Industrieunternehmen in ChinaChinesische Kunden suchen zunehmend nach qualifizierten Pre- und After-Sales-Service Lösungen von westlichen Herstellern, während ausländische Technologieführer oft ihren Vorsprung bei der „Fit-to-Mainstream“-Servicestrategie vor Ort verlieren. Was tun, um nicht nur als Maschinen, sondern auch als Serviceanbieter im Markt zu bestehen?Ein kurzes Whitepaper fasst die wichtigsten Markttrends in China zusammen und soll bei der Beantwortung der wichtigsten Fragen helfen.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

IHK Cologne Event – Changing China

Changing China – Impact & Action Demand for Foreign Businesses (IHK Event)The future of business in China: where is the journey heading? This question is on the minds of more than 5,000 German companies currently operating in China. The Cologne Chamber of Industry and Commerce provided answers as part of an expert panel. As part of the event organized by the IHK Cologne on May 9th, our partners Daniela Bartscher-Herold and Uwe Haizmann shared their perspective on opportunities and challenges for German enterprises in the Chinese market. In front of >70 decision-makers, they elaborated on the recent COVID-outbreak in Shanghai, general …

China’s PCR Market – A Localization Case Study

China’s PCR Market – A Localization Case StudyThe demand for PCR equipment has surged in China in recent years, mainly including ordinary PCR (1st generation PCR) and quantitative real-time PCR (2nd generation PCR, also called qPCR). In August 2018, African swine fever emerged in China and spread rapidly across the country, thus high demand for pig testing drove demand for PCR instruments. With the outbreak of COVID-19 in 2020, China has begun to establish a large amount of PCR laboratories, and the market demand for PCR instruments has experienced a new round of explosive growth. In the whole year of …

China Industrial Policy Snapshot: Medical Equipment

China Industrial Policy Snapshot: Medical EquipmentDuring the „13th Five-Year Plan“ period, China’s medical equipment industry has developed rapidly, with its market size has increased from 480 billion yuan (~63 billion EUR) in 2015 to 840 billion yuan (~110 billion EUR) in 2020, with an average annual compound growth rate of 12%. This fast-growing trend is expected to continue, supported by multiple drivers including an aging population, rising incomes, and the continued enhancement of health services in hospitals and clinics throughout China. However, China’s domestic medical devices are still concentrated in mid to low-end products. The localization rate of the medical …

Volkswagen in China’s NEV Market: Challenges & Changes

Volkwagen in China’s NEV Market: Challenges & ChangesHow does VW perform in China’s New Energy Vehicle (NEV) market? In 2021, Volkswagen’s new energy vehicle “ID series” did not meet the Board’s expectations. It reached an annual sales volume of roughly 70,000 cars, lower than the target 80,000. The pioneer in this industry, Tesla, performed far better – reaching a significant volume of 936,000 shipped units. Besides that, the competition did not just come from Tesla. Local new energy automakers such as BYD, NIO, and Xpeng all delivered outstanding sales outcomes of 594,000, 91,000 and 98,000 units respectively. Together these players …

China FDI Boom in 2021

FDI into China reaches new highs in 2021: What does it mean?How is China performing in FDI inflows? Global Foreign Direct Investment fell sharply by 32% to 1031 billion USD in 2020, according to the OECD. However, China’s FDI inflows bucked the trend and rose to 212 billion USD by increasing 14%, surpassing the US to become the world’s largest recipient of foreign capital. According to data released by the Ministry of Commerce in China, the actual use of foreign capital in the country hit a record of 173.5 billion USD in 2021 – increasing by 20% YoY. We are …

China Case Study: KONE

China Case Study: KONEAs one of the most successful foreign companies in the Chinese market, the Finnish company KONE is a striking example of how the right strategy can turn your business into remarkable profits.KONE in China Since its market entry in 1996, the Finnish company KONE has seen rapid growth in the past 20 years. It has become the market leader in elevator and escalator solutions in China, which accounts for 60% of the global demand and contributes 30% to KONE’s global business (~3bn EUR in 2020). As of today, the company has around 20,000 employees deployed in 600 …

Localization Pressure in China’s Healthcare Industry

Localization Pressure in China’s Healthcare IndustryChina’s rising demand for healthcare products and especially medical devices has been a major growth driver for both international and domestic companies in recent years. But barriers to participate in the booming MedTec market as a foreign company are becoming higher, since the Chinese government is increasingly pushing for localization.How is China’s healthcare industry developing? China’s rising demand for healthcare products and especially medical devices has been a major growth driver for both international and domestic companies in recent years – supported by a general rise in accessibility and affordability of health services. Further increasing …