国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Companies

Sinopec's policy opens doors to private investment

By Mike Bastin (China Daily) Updated: 2014-02-25 07:29

Let's hope that this proves to be the case and that much of this new private sector involvement is represented by smaller companies generally.

Sinopec's policy opens doors to private investment

Sinopec's policy opens doors to private investment

If bureaucracy and inefficiency are to be tackled and a more modern entrepreneurial, innovation-led approach is taken and modern management values are to be adopted, then it's small and medium-sized enterprises in the private sector that should prove most suitable.

SMEs are far more likely to hunger for business improvement and business expansion through tighter cost controls and innovative product and market development.

Let's also hope that private sector interest appears from a variety of industries and not just the petrochemical and related areas.

Experience and knowledge of the petrochemical industry is important, but an understanding of competitive markets and market orientation is crucial.

Simply finding private sector partners that share similar business models and values won't mean that customer care, cost controls and creativity replace the culture of complacency and kinship.

Most important, Sinopec should seek interest from suitable forward-looking foreign investors. Foreign investors, especially those with experience of the more lucrative, developed economies, can speed up any international expansion plans that are central to Sinopec's, long-term strategy - and that of many other Chinese companies.

The author is a visiting professor at the University of International Business and Economics in Beijing and a senior lecturer of marketing at Southampton Solent University's School of Business. The views do not necessarily reflect those of China Daily.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
墨脱县| 沙洋县| 江达县| 班玛县| 泽州县| 洮南市| 额济纳旗| 嘉荫县| 连江县| 遂昌县| 洞头县| 兴城市| 苗栗县| 开阳县| 谷城县| 福州市| 广宗县| 瑞丽市| 团风县| 梅河口市| 双城市| 布尔津县| 陆良县| 当涂县| 军事| 峨眉山市| 章丘市| 佛教| 电白县| 霍州市| 易门县| 抚州市| 阿拉善右旗| 通州区| 鄂州市| 密云县| 博爱县| 苗栗市| 巢湖市| 通江县| 介休市|