Dr. Binshen Meng highlights new energy technologies that ENN is including in its EcoCity project as the Duke Energy group tours the construction site of this project.
Top 10 Findings: Creating a Winning Business in China
Published in the News & Observer
http://www.newsobserver.com/2011/10/02/1530065/cree-nurtured-its-ties-in-china.html
Chen, former Red Hat China general manager, shared that while it is "super important" to build PR and image with the Chinese government, it is most important if your product is sold to the government or if competition includes local players. His team would identify key government stakeholders to invite to events where they would communicate what value open source could bring to Chinese companies.
Companies should carefully manage their interactions with numerous Chinese government authorities and agencies. Soon after Jim Rogers, CEO of Duke Energy, decided that they should determine ways to collaborate with China on clean energy development, he and CTO David Mohler met heads of key government groups who in turn introduced them to the chairman of the National Development and Reform Commission (NDRC), a powerful organization in the Chinese government.
This started a series of high level government relationships which have facilitated Duke Energy to have within three years a full plate of partnerships with key China players: ENN in clean energy development, electric automaker BYD (Berkshire Hathaway owns 10%), and Huaneng, China's state owned utility and largest power generator.
Similar to the U.S., there are several agencies that regulate businesses, such as the Bureau of Commerce, Bureau of Taxation, and Customs. If a company has a positive relationship with Customs, for example, the company may get a break from the random audits that the entity frequently conducts. Furthermore, free trade zones are controlled by the CCP, and there are specific administrative committees assigned to specific economic zones.
Comments