[MIT CSSA Outreach] Fwd: 10/14/08 MIT China Forum: "Competitiveness of Chinese Enterprises in the Global Era"

[lugao]

FYI
----- Forwarded message from palay at csail.mit.edu -----
    Date: Tue, 07 Oct 2008 10:43:45 -0400
    From: Victoria Palay <palay at csail.mit.edu>
Reply-To: Victoria Palay <palay at csail.mit.edu>
 Subject: 10/14/08 MIT China Forum: "Competitiveness of Chinese Enterprises in
the Global Era"
      To: Victoria Palay <palay at csail.mit.edu>

MIT China Forum: "Competitiveness of Chinese Enterprises in the Global Era"
Weiying Zhang
Dean and Professor of Economics, Guanghua School of Management, Peking
University

Date: 10-14-2008
Time: 4:00 PM - 5:00 PM
Location: 32-G449/Patil Conference Room

Abstract:

In this presentation, I argue that the success of Chinese enterprises in
the past two decades has been mainly based on their cost advantage,
particularly labor cost advantage. This cost advantage, combined with
brand advantage of foreign-invested enterprises, has transformed China
into a world factory. For short of its brand advantage, China produced
big volume but small value. China’s cost advantage is diminishing, for
following reasons: (1) labor market is more globalized and regulated;
(2) regulations on environments are tightening: (3) and consumers are
more demanding. To meet these challenges, Chinese enterprises need to
build their brand advantages and be more innovative in technology and
management. Nevertheless, some institutional foundations need yet to be
established.

Bio: Weiying Zhang is Dean of the Guanghua School of Management of
Peking University, and Director of Peking University’s e-Business
Center, and a leading economist in China. He received a bachelor degree
in 1982 from Northwestern University at Xi’an and D. Phil. in
economics in 1994 from Oxford University. Between 1984 and 1990, he was
a research fellow of the Economic System Reform Institute of China, and
heavily involved in economic reform policy making in China. He was the
first Chinese economist who proposed the “dual-track price reform�
(in 1984). After he graduated from Oxford, he co-founded China Center
for Economic Research (CCER), Peking University in 1994, and worked with
the Center until August, 1997. From 1999 to August 2006, He was the
executive associate dean of Guanghua School of Management. His visionary
reform has changed business education in China. He was also the chief
architect of the 2003 Peking University faculty system reform. As a
scholar of economics he has published dozens of academic articles and 10
books. His works have had significant impacts on the ongoing enterprise
reform policy formulation and the development of economics in China. He
has been frequently invited to deliver keynote speeches at high-level
international and domestic symposiums and forums. His insightful
opinions of the Chinese economy have been frequently reported in media.
He was awarded "The Man of the Year in Chinese Economy" by CCTV in 2002.
He has served as the chief economist for China Entrepreneurs Forum since
2001.

Sponsored by the Office of the Associate Provost.
For more information please contact: Victoria Palay, (617) 253-8924,
palay at csail.mit.edu



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