Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：16  发布时间：2025-05-06

Deng Xiaoping's humble attitude undoubtedly directly aroused the enthusiasm of Japanese companies to invest in China. In the first round of investment opening up in China, Japanese companies showed the strongest expansion intention, and they took the lead, which also made Japanese products popular in China throughout the 1980s. In 1979, various news about cooperation and joint ventures between Japanese companies emerged one after another: Shanghai Jinxing Television Factory introduced a color television production line from Hitachi; Changhong introduced a black and white television production line from Panasonic Corporation; The Tianjin Computer Center imported the first electronic computer, Fujitsu F160, from Fujitsu; Sanyo Corporation has established the "Sanyo Electric Trading Co., Ltd. Beijing Office" in Beijing. One of the founders of Sony, Akio Morita, also visited China. In an interview with Yomiuri Shimbun, he believed that any product aimed at China should be "simple, practical, and affordable". This is the first time that Japanese entrepreneurs have provided feedback on their China market strategy.
On June 29th, Deng Xiaoping received Konosuke Matsushita, who was visiting China
Compared to Japanese companies, American companies are slower in their actions. In addition to Coca Cola, American Express and Eastman have also set up representative offices in Beijing, and IBM has decided to return to this Eastern country where it has been away for more than 70 years. In the autumn of that year, a heavy truck carrying a "behemoth" slowly drove into Shenyang Blower Works, and the "big guy" on board that made the workers extremely curious was none other than IBM's System/360 high-end server. In addition to the aforementioned companies, large enterprises such as Motorola did not turn their attention to China until 1987. European companies, on the other hand, are busy resisting the wave of Japanese goods and are unable to take into account the East. In the face of Japan's economic challenges, US President Carter proposed in 1979 to adopt independent policies to enhance the country's competitiveness and boost corporate spirit, and for the first time elevated the intellectual property strategy to the level of national strategy. From now on, utilizing long-term accumulated technological achievements to consolidate and strengthen intellectual property advantages has become a national strategy for the United States to maintain its economic dominance, and its effectiveness will begin to fully manifest in 10 years.