How to win in the new normal in Chinese industry
New measures are needed to ensure continued success in China. The current economic slowdown and market uncertainties present considerable challenges, although in the long-term it is believed that China's global economic position and importance will continue to grow.
Business Sweden's report “Redefining success strategies in China” presents a new framework for how Swedish companies operating in B2B industries can adjust to China’s changing business landscape based on leading practice, current trends and market shifts. What is highlighted is the importance of continued long-term commitment to China, increased local profile of the operations, expanded market partnerships and capturing inorganic growth opportunities.
Seven strategic elements for success in China: