China's Industrial Policies and the Global Business Revolution: The Case of the Domestic Appliance Industy

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Psychology Press, 2005 - Business & Economics - 190 pages
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As China has blended market reforms with comprehensive industrial policies, most research has focused on the national government's strategies for economic growth. However, one of the unique characteristics of industrial policy in China is that it involves government intervention at all levels, from the political elite all the way down to village leaders.

This book focuses on the domestic appliance industry, and China's three major business groups in this area - Haier, Hisense and Aucma. The Haier Group, in particular, is one of the most successful and competitive enterprises in China and is very well-placed to compete globally as the Chinese economy becomes more integrated with the world trading system. This volume shows how industrial policy is formulated at the national level and implemented at the local level, and examines how local government frequently intervenes in local enterprises' business strategy and management.

Of practical importance, this book provides academics, business people and policy makers with valuable insights into the development process and a concrete understanding of the challenges faced in the global business revolution by one of the world's most dynamic economies.

 

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Contents

Industrial policies and globalisation in theoretical
1
Debates on globalisation
16
Industrial policies in China
22
Figures
38
in Shandong Province
53
The domestic appliance industry
58
3a The top ten global domestic appliance manufacturers
65
7a BSHs net sales by region in 2001
74
The Haier Group
90
The Hisense Group
127
The Aucma Group
147
Conclusion
161
Notes
172
Index
184
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About the author (2005)

Ling Liu recieved her PhD at the Judge Institute of Management Studies at the Cambridge University, and her
Masters in International Management at the University of Reading. Her research interests include globalisation, big business, public policy and development stratergy, regional development in China, transition economy, and strategic international management.

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