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MBDA – 8/13/2009 1 Access to Global Economy – China George Chunkau Mui 梅振球

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Page 1: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

MBDA – 8/13/20091

Access to Global Economy –

China

George Chunkau Mui

梅振球

Page 2: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Morning: Access to the Global Economy-China Seminar.Date: Thursday, August 13, 2009 Time: 9:00am-11:30am Meeting Room: Toronto (West Tower-Lower Level)

Afternoon: Partnership Forum.

Date: Thursday, August 13, 2009 Time: 1:00 pm - 5:00pmMeeting Room: Regency Ballroom B (West Tower-Lower Level)

Page 3: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Outline - Morning9:00 – 9:05 Welcome – Eric Dobyne – MBDA Regional

Director9:05 – 9:25 Introduction – George Mui – MBDA Global Business

consultantCommon understanding – China & US relationshipMBE Globalization StrategyMBDA Globalization Support Program

9:25 – 9:45 US Department of Commerce – Commercial Services – Thelma Young

9:45 – 10:15 “Chinese Business Culture Tips” – Z.J. Tong – Chicago Chinese Culture Institute

10:15 – 10:30 Corporate Perspective – Allen Gray - Navistar10:30 – 10:45 MBE perspectives & Personal Experiences

Dr. Karen Eng – CSMI10:45 – 11 Mr. Earick Allen – Allen & Associate, Inc.11 – 11:30 Q&A

Page 4: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

MBDA – 8/13/20094

Outline - Afternoon1 – 1:05 Welcome – Eric Dobyne, MBDA Regional Director1:05 – 1:10 MBDA – David Hinson, MBDA National Director1:10 – 1:30 MBDA Globalization program – George Mui, MBDA1:30 – 1:50 “Current China Business Environment” – Yunliang Xie -

Deputy Consul General of the People Republic of China 1:50 – 2:00 Globalization Support Services – Kitty Pon – PACTRANS2:00 – 2:10 Globalization Support Services – Shawn He – Meetchinabiz2:10 – 2:30 Global Partnership Forum – George Mui – MBDA2:30 – 3:00 Break – Match making setup/Networking3:00 – 4:30 Structure Networking

Assigned Table Numbers for Chinese Companies/Representatives

15 minutes each company4:30 – 5:00 General networking

Page 5: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Outline – Morning9:05 – 9:25 am

Introduction – George MuiMBDA Global Business consultant

MBE Globalization StrategyMBDA Globalization Support ProgramCommon understanding – China & US relationship

Page 6: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

MBDA – 8/13/20096

US. Department of Commerce Minority Business Development Agency

Globalization Support ProgramWe are with you every step of the

way !

Page 7: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

MBDA – 8/13/20097

Globalization Steps1. Preparation 2. Orientation3. Implementation

Page 8: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

MBDA – 8/13/20098

Globalization Step 1Preparation

Develop a global strategy that integrates the international business objectives into the overall company strategy. Integrate the leadership team including the owner into the planning process, i.e. this cannot be delegated. Educate the leadership team in the business culture of the targeted international markets. Identify potential partners in the local markets.

Page 9: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

MBDA – 8/13/20099

Globalization Step 2Orientation

Travel to the target international market and experience the culture. Meet with potential partners. Study market assumptions locally. Practice local business networking and identify potential business and cultural barrier. Reexamine the globalization strategy & plan based on findings.

Page 10: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

MBDA – 8/13/200910

Globalization Step 3Implementation

Identify key personnel to manage the globalization projects. Recruit staff or establish partnership with local companies that can implementation your company strategy. Establish a communication process that integrates into your company operations. Globalization cannot be the “other” thing.

Page 11: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

MBDA – 8/13/200911

MBDA Globalization Support Program – Summary1. Provide one-on-one consulting for MBE on

globalization strategy (starts with the owners)2. Leverage MBDA partners to provide support

for various phases of globalization steps. 3. Facilitates MBE to MBE partnerships –

Quarterly China Business Forum4. Arrange match-making between American and

Chinese business partners5. Conduct Business Exchange Visit to China6. Sir George’s China Tips

Page 12: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

MBDA – 8/13/200912

MBDA Globalization Support Program Partners

1. U.S Department of Commerce – Commercial Services – China support services

2. IL DCEO – International Trade – Chicago and China support services

3. Hong Kong Trade Development Council

Page 13: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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MBDA Globalization Support Program – Partners4. Chinese Consulate General – Chicago office5. World Trade Center – IL – educational programs6. www.meetchinabiz.org7. PACTRANS – MBE specializes in logistics and

globalization support services8. Association of Chinese Scientists and Engineers

(ACSE)9. Tianjin Economic Development Area (TEDA)

International10. Others.

Page 14: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

MBDA – 8/13/200914

MBDA Globalization Support Program Completed Events

1. 1st Quarter – China Business Forum – March 17 2009 – Joint event with MeetChinaBiz.

2. Introduction of MBDA Globalization support services at the Chicago Minority Business Development Council – CBOF 42 – April 7, 2003

3. 2nd Quarter - China Business Forum – June 31, 2009

Page 15: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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MBDA Globalization Support Program Upcoming Events

1. Access to Global Economy – China Workshop during 2009 MED week – August 13, 2009

2. Global Partnership Forum – August 13, 2009.3. 3rd Quarter China Business Forum –

September 20094. Global Partnership Forum – October 20095. Access to Global Economy – China Business

Exchange trip to China – November 2009.

Page 16: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Common Understanding - China

Page 17: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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中国 & USA 地理

& Geography

9.6 million km² 9.83 million km²3.8 million square miles

Page 18: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Population

People Republic of China

中国

United States of America美国

国家 / Country Oct 1, 1949 July 4, 1776人民 / People 1.3 billion 306 million 国民生产总值 / Gross National Product

US$4.4Trillion Dollars

US $ 14.3 Trillion Dollars

Page 19: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Balance of Trade (2008*)People Republic

of ChinaUnited States of

AmericaModern Trade History

30 years 30 years

Export to $ 337,789 $ 71,457Import from $ 71,457 $ 337,789

Balance $266,332 -$266,332

* All figures are in millions of U.S. dollars

Page 20: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Common images of China

Page 21: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Modern Images of China

Hong Kong (香港) Beijing (北京Shenzhen (深圳)

Shanghai (上海 ) Beijing (北京 )

Page 23: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Sino – US Relationship - 1972

President Nixon visited China on February 21, 1972. On February 27, the two countries issued the Sino- US Joint Communiqué, marking the opening of the gate for bilateral relations.

Chairman Mao & President Nixon

Page 24: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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January 1, 1979, the two countries officially established diplomatic relations, marking a historic turning point in the bilateral relations. From then on, the Sino- US relationship entered a new stage

Sino – US Relationship - 1979

President Carter & Premier Deng Xiaoping

Page 25: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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US – China Relationship - 30 years

President Jiang Zemin and President Clinton November 24, 1996.

President Bush – February 25, 1989 on a flying Pigeon Bicycle

President Reagan & Vice Premier Deng Xiaoping - April 28, 1984,

Page 26: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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US – China Relationship - 30 years

President Jiang Zemin and President George W. BushOctober 21,2001

Page 27: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Chinese President Hu Jintao (L) shakes hands with U.S. President Barack Obama during their meeting in London, Britain, on April 1, 2009. Hu and Obama discussed Sino-U.S. ties, the financial crisis and other major issues of common concern.

President Hu Jintao & President Obama

Sino – US Relationship - 2009

Page 28: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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• Chinese Prime Minister Wen Jiabao (C) poses with US Trade Secretary Gary Locke (R) and US Energy Secretary Steven Chu (L), before a meeting in Beijing on July 16, 2009

Page 29: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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MBDA National Director – David Hinson

Page 30: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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President Obama Policy on China• President Barack Obama said on Monday that the

United States and China shared mutual interests in a sustained economic recovery, and called for closer cooperation between the two countries. "The current crisis has made it clear that the choices made within our borders reverberate across the global economy -- and this is true not just of New York and Seattle, but Shanghai and Shenzhen as well," Obama said in remarks prepared for delivery at the start of U.S.-China talks in Washington.

• Published on The Post Chronicle Celebrified 27th Jul 2009 by: The Post Chronicle

Page 31: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Minority Business Enterprises China Strategy

Must be financially stable with working capital for business expansionCannot expect quick return on investmentMust be integrated into the entire company strategy instead of a special project

Page 32: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Minority Business Enterprises China Strategy

Leverage existing MBE corporate relationship for contracts in ChinaConsider partnership agreement with small & medium size Chinese companies both in China and in USExplore Joint venture agreement with Chinese companies to market products in the US using your MBE leverage.

Page 33: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Outline – Morning

9:25 – 9:45 amUS Department of Commerce – Commercial

Services – Thelma Young

Page 34: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Outline - Morning

9:45 -10:15 am“China Business Culture – Tips” – Z.J. TongChicago Chinese Culture Institutes

Page 35: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Outline - Morning

10:15 – 10:30 amCorporate Perspective – Mr. Allen Gray -

Navistar

Page 36: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Outline - Morning10:30 – 10:45 Dr. Karen Eng – CSMI

Page 37: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Outline - Morning10:45 – 11:00 Mr. Earick Allen – Allen &

Associate, Inc.Chairman & CEO, Global ONE LLCPresident, Urban Cable ServicesExecutive Director, We Are The World Foundation

Page 38: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Outline - Morning11:00 – 11:30 am – Q&A

Page 39: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Thank You!

Page 40: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Access to Global Economy –

China

George Chunkau Mui

梅振球

Page 41: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Afternoon: Global Partnership Forum.

Date: Thursday, August 13, 2009 Time: 1:00 pm - 5:00pmMeeting Room: Regency Ballroom B (West

Tower-Lower Level)

Page 42: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Workshop ObjectivesMorning – 9:00am – 11:30am

– Obtain a better understanding of globalization as MBE– Learn about the MBDA globalization support service– Gain some insights on doing business in China and with Chinese

companiesAfternoon – 1:00pm – 5:00pm

– Additional learning on the business environment in China– Learn about the support services for doing business in China by other

MBEs– Provide networking opportunities between Chinese & American

businesses

Page 43: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Outline - Afternoon1 – 1:05 Welcome – Eric Dobyne, MBDA Regional Director1:05 – 1:10 MBDA – David Hinson, MBDA National Director1:10 – 1:30 Introduction – George Mui, MBDA1:30 – 1:50 “Current China Business Environment” – Yunliang Xie -

Deputy Consul General of the People’s Republic of China 1:50 – 2:00 Globalization Support Services – Kitty Pon – PACTRANS2:00 – 2:10 Globalization Support Services – Shawn He – Meetchinabiz2:10 – 2:30 Structured Networking instructions – George Mui, MBDA2:30 – 3:00 Break – Match making setup/Networking3:00 – 4:30 Structured Networking

Assigned Table Numbers for Chinese Companies/Representatives

15 minutes each company4:30 – 5:00 General networking

Page 44: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Outline - Afternoon1 – 1:05 Welcome – Eric Dobyne, MBDA Regional Director1:05 – 1:15 MBDA – David Hinson, MBDA National Director1:15 – 1:30 Introduction – George Mui, MBDA1:30 – 1:50 “Current China Business Environment” – Yunliang Xie -

Deputy Consul General of the People’s Republic of China 1:50 – 2:00 Globalization Support Services – Kitty Pon – PACTRANS2:00 – 2:10 Globalization Support Services – Shawn He – Meetchinabiz2:10 – 2:30 Structured Networking instructions – George Mui, MBDA2:30 – 3:00 Break – Match making setup/Networking3:00 – 4:30 Structured Networking

Assigned Table Numbers for Chinese Companies/Representatives

15 minutes each company4:30 – 5:00 General networking

Page 45: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Outline - Afternoon1 – 1:05 Welcome – Eric Dobyne,

MBDA Regional Director

Page 46: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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• 1:05 – 1:10 – David Hinson – MBDA National Director

Page 47: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Outline - Afternoon

1:15 – 1:30 Introduction – George Mui, MBDA

Page 48: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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US. Department of Commerce Minority Business Development Agency

Globalization Support ProgramWe are with you every step of the

way !

Page 49: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Globalization Steps1. Preparation 2. Orientation3. Implementation

Page 50: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Globalization Step 1Preparation

Develop a global strategy that integrates the international business objectives into the overall company strategy. Integrate the leadership team including the owner into the planning process, i.e. this cannot be delegated. Educate the leadership team in the business culture of the targeted international markets. Identify potential partners in the local markets.

Page 51: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Globalization Step 2Orientation

Travel to the target international market and experience the culture. Meet with potential partners. Study market assumptions locally. Practice local business networking and identify potential business and cultural barrier. Reexamine the globalization strategy & plan based on findings.

Page 52: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Globalization Step 3Implementation

Identify key personnel to manage the globalization projects. Recruit staff or establish partnership with local companies that can implementation your company strategy. Establish a communication process that integrates into your company operations. Globalization cannot be the “other” thing.

Page 53: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

MBDA – 8/13/200953

MBDA Globalization Support Program – Summary1. Provide one-on-one consulting for MBE on

globalization strategy (starts with the owners)2. Leverage MBDA partners to provide support

for various phases of globalization steps. 3. Facilitates MBE to MBE partnerships –

Quarterly China Business Forum4. Arrange match-making between American and

Chinese business partners5. Conduct Business Exchange Visit to China6. Sir George’s China Tips

Page 54: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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MBDA Globalization Support Program Partners

1. U.S Department of Commerce – Commercial Services – China support services

2. IL DCEO – International Trade – Chicago and China support services

3. Hong Kong Trade Development Council

Page 55: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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MBDA Globalization Support Program – Partners4. Chinese Consulate General – Chicago office5. World Trade Center – IL – educational programs6. www.meetchinabiz.org7. PACTRANS – MBE specializes in logistics and

globalization support services8. Association of Chinese Scientists and Engineers

(ACSE)9. Tianjin Economic Development Area (TEDA)

International10. Others.

Page 56: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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MBDA Globalization Support Program Completed Events

1. 1st Quarter – China Business Forum – March 17 2009 – Joint event with MeetChinaBiz.

2. Introduction of MBDA Globalization support services at the Chicago Minority Business Development Council – CBOF 42 – April 7, 2003

3. 2nd Quarter - China Business Forum – June 31, 2009

Page 57: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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MBDA Globalization Support Program Upcoming Events

1. Access to Global Economy – China Workshop during 2009 MED week – August 13, 2009

2. Global Partnership Forum – August 13, 2009.3. 3rd Quarter China Business Forum –

September 20094. Global Partnership Forum – October 20095. Access to Global Economy – China Business

Exchange trip to China – November 2009.

Page 58: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Outline - Afternoon1:30 – 1:50 “Current China Business

Environment and Opportunity”

Mr.Yunliang Xie - Deputy Consul General of the People Republic of China

Mr. Weijia Wang, Vice-Consul

Page 59: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Outline - Afternoon

1:50 – 2:00 Globalization Support Services

Kitty Pon – PACTRANS

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Outline - Afternoon

2:00 – 2:10 Globalization Support Services – Shawn He – Meetchinabiz

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Outline - Afternoon

2:10 – 2:30 Structured Networking instructions – George Mui, MBDA

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Outline - Afternoon2:30 – 3:00 Break – Match making

setup/Networking

Page 63: Access to Global Economy – China · MBDA – 8/13/2009 8. Globalization Step 1. Preparation. Develop a global strategy that integrates the international business objectives into

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Thank You!

Q&A after all the speakers