Catch-Up and Competitiveness in China

Introduction

This book examines the role of corporate structure, including the role of corporate headquarters, in the success of large firms.

It considers these issues in relation to large global corporations, thereby providing a benchmark, which is then used as a contrast in a discussion of corporate structure and the role of corporate headquarters within large Chinese firms, many of which have evolved from former government ministries.

Case Study

It includes a detailed case-study of firms in the crucially important oil and petro-chemical sector.

Conclusion

Overall, the book shows what a hugely competitive battle China’s emerging national champions face with their global competitors, and puts forward policy implications both for large Chinese firms and for the Chinese government concerning how business systems should be reformed further still in order to construct globally competitive large industrial corporations.