中欧国际工商学院金融学教授黄生：贸易战变局下中国企业出海的破局之道与全球化路径|2025出海大会

Group 1: Event Overview - The "Going Global" conference, themed "From Craftsmanship to the World," will be held in Hangzhou, focusing on globalization and overseas expansion [1] - The main venue will feature discussions on popular sectors such as consumption, technology, e-commerce, finance, and new energy, with over 10 keynote speeches and 5 roundtable discussions [1] - The event aims to provide a sustainable path for companies to navigate globalization challenges and enhance their overseas capabilities [1] Group 2: Insights from Huang Sheng's Presentation - Huang Sheng, a finance professor, shared insights on the trade war and strategies for Chinese companies to navigate global markets [4] - The presentation highlighted the importance of practical case studies from the past 30 years of the China Europe International Business School (CEIBS) [4] - CEIBS is collaborating with government departments to promote research on Chinese companies' overseas expansion [5] Group 3: Trade War Analysis - The essence of globalization is division of labor and cooperation, with Chinese companies traditionally exporting to the U.S. and reinvesting in the U.S. market [6] - The trade war has highlighted disparities in benefits, with multinational corporations gaining more than ordinary workers in the U.S., leading to dissatisfaction among the labor class [6] - The evolving dynamics have resulted in a trend where the U.S. seeks to enhance its supply capabilities while China aims to address demand-side issues [7][8] Group 4: Current State of Chinese Companies Going Global - Two-thirds of Chinese listed companies report overseas revenue, primarily in mid-to-high-end manufacturing sectors [9] - Over the past 20 years, overseas revenue has increased 50 times, while total revenue for A-share listed companies has only grown 20 times [9] - Despite this growth, overseas revenue accounts for only 13% of total income for Chinese listed companies, compared to 40% for S&P 500 companies [9] Group 5: Research on Internationalization Strategies - CEIBS has studied various companies, including established firms like BYD and emerging global players, to understand their internationalization strategies [10] - Successful companies often adopt diverse entry modes, including joint ventures and local operations, to mitigate risks [11] - The research emphasizes the importance of a clear international strategy, understanding local markets, and leveraging unique product advantages [13][14] Group 6: Challenges Faced by Chinese Companies - Chinese companies face challenges such as slow profit realization, talent management, and compliance risks when expanding internationally [15] - The need for deep localization and a long-term strategic approach is crucial for successful overseas operations [15] - The overall outlook for Chinese companies going global remains positive, with potential for cultural recognition and success on the international stage [15]