The fact that the European Union is now China’s largest trading partner while China is the EU’s second largest trading partner makes it compelling for both regions to understand and be proficient in each other’s business practices. To meet such demands brought about by rapidly developing commerce, a four-year EU-China Management Exchange and Training Programme (METP) was launched last year.
Training Chinese and European managers is the core activity of METP, which aims to train 400 managers—half from China and half from Europe—in four groups over the planned time span of four years.
METP 1 started in August 2007 with 38 Chinese and 18 European managers. Taking two weeks of intercultural training and a pre-departure briefing, Chinese managers attended a 7-week management course and are currently at internships in Europe. And European managers are at present learning Chinese business language at the university of International Business and Economics in Beijing. This month, they will begin their 3-month internships in China.
METP 2 began in March after enrollment selections in Beijing and Brusssels in late November to mid-December 2007. 48 Chinese and 28 European managers are now in the programme.
METP 3 is now inviting applications. Courses will begin on October 20, 2008 and the training of METP 4 will start in late May 2009.
For non-governmental organizations (NGOs), small-and-medium-sized enterprises (SMEs) and business federations in China who take an interest in enriching their managerial expertise, the METP meets their needs by transferring know-how to key players in China, which helps to facilitate China’s reform process. And for the EU, as increasing numbers of European companies are making investments in and taking roots across the country, the programme helps EU managers to enhance their confidence in the Chinese business environment and improve their capability to succeed.
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BPO, China Business, China Business News
China Business, EU, exchange, METP
The Chinese BPO job may be getting onto a factory like assembly line chore. Similar to automobile shop floors, where jobs are broken down into miniscule tasks and processes demarcated step by step, BPO companies in China are experimenting of breaking a complex activity into numerous simple chores, to be easily performed by even school passouts. Read more…
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BPO, China Business
BPO, China Business, Talent
During a meeting with visiting US Treasury Secretary Henry Paulson at the Great Hall of the People before he concluded his two-day visit in preparation for the Sino-US Strategic Economic Dialogue (SED), Premier Wen Jiabao urged the US to consider lifting trade and investment barriers targeted at China so as to improve economic relations since Beijing’s measures to alleviate the imbalance in bilateral trade have yielded results.
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BPO, China Business, China Business News
Sino-US, trade
The Paris-based Organization for Economic Cooperation and Development (OECD) is mulling over China’s entry to the market economy club. Angel Gurria, OECD secretary-general, said it has already "expressed interest" in a membership offer to China.
The OECD is a forum for governments of 30 market economies, including the US and UK, that produce almost 60 percent of the world’s goods and services, to work together to address the economic, social and governance challenges of globalization as well as to exploit its opportunities.
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China Business, China Business News
OECD
US computer networking giant Cisco Systems aims to grow China into one of its top three markets within five years, a company executive said yesterday.
China, which is “in a dynamic state of transition”, is emerging as a strategic market for Cisco, Company Chairman and CEO John Chambers said，the world’s largest maker of routers, switches and other equipment that make up the Internet.
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BPO, China Business, China Business News
BPO, CISCO
China’s telecom industry will see a reshuffle in the near future as the government is expected to release the long-awaited license for the third generation (3G) technology and restructure the major wireless and fixed-line carriers later this year or next year.
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BPO, China Business, China Business News
3G, China Business, telecom
"Over the last three years, the Chinese, Philippines and Malaysia have emerged as very strong contenders in the IT-related services," Milan Sheth, partner of business advisory services and leader in technology and telecom Verticals, Ernst & Young India, told ZDNetAsia in a phone interview.
"It will be naive not to take the threat from these countries seriously," Sheth said. The Philippines, he said, has emerged as a very strong threat to India in the provision of voice-related services.
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BPO, China Business
BPO, China Business, India, Offeshoring, Outsourcing, Threat
While a US-led global slowdown gives rise to the danger of a resurgence of protectionism, the FTA signed between China and New Zealand, which enables the two countries to further grow their trade and economic ties, gives a necessary boost to free trade.
The potential benefits of the pact for both countries are evident.
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BPO, China Business, China Business News
China Business, free trade