The Dream Goes on - Rethinking China's Globalization
The Dream Goes on - Rethinking China's Globalizat...
After more than thirty years of progress, China's outbound investment has already achieved a level of success in terms of its magnitude and increasing diversity of industries, investment locations and investment objectives.
Looking forward, China's economic development will drive outbound investment by companies into a new phase, where the scale of investment will become much larger, the industry coverage will become broader, and the number of high value-added investments will increase.
Outbound investment will help Chinese companies achieve more technological and value-added growth and ultimately promote the transformation in China’s economic development model and improvement in the quality of economic development. However, Chinese companies will face many challenges in achieving these new goals. To address these challenges, they should pay attention to five areas: having a clear strategy to guide overseas investment; managing risks; dealing with problems that arise in post-deal integration; establishing a positive image overseas; and encouraging and supporting Privately Owned Enterprises (POEs) to ‘go out’.
© 2022 Copyright owned by one or more of the KPMG International entities. KPMG International entities provide no services to clients. All rights reserved.
KPMG refers to the global organization or to one or more of the member firms of KPMG International Limited (“KPMG International”), each of which is a separate legal entity. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. For more detail about our structure please visit https://home.kpmg/governance.
Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.