Improve, Expand and Strengthen State-owned Capital to Enhance International Competitiveness of Chinese Enterprises

Ran Wei

Vol-6,Issue-2,March - April 2021

Author: Ran Wei

Keywords: Enterprise reform, Internationalization, Innovation.

Abstract: Since 1978, China has been carrying out the reform and opening-up policy for nearly 40 years, this 40 years is also be the 40 years that economic globalization develops ceaselessly all over the world. Under the dual influence of national policy guidance and international background, the internationalization of Chinese enterprises has also achieved rapid development. Yet Chinese firms still have plenty of problems. This requires scientific planning of the future direction of enterprise development. It is of great significance to China's future economic development. This paper analyzes the internationalization process of Chinese enterprises, the development of Chinese enterprises. This paper specifically analyzes several prominent problems that Chinese enterprises are facing at present, as well as the internal causes of these problems. Finally, the corresponding policy suggestions are given.

Article Info: Received: 22 Dec 2020; Received in revised form: 12 Feb 2021; Accepted: 03 Mar 2021; Available online: 18 Mar 2021

DOI: 10.22161/ijels.62.14