Study happily—Expert seminar on “cooperation with China”

Study happily—Expert seminar on “cooperation with China” (reported by Xie Chengyan of the Alberta Times) At 6 pm on September 27, Arizona Chinese Chamber of Commerce Feng…

Study happily—expert seminar on “cooperation with China” (reported by Xie Chengyan of the Alberta Times) At 6 pm on September 27, the Arizona Chinese Chamber of Commerce, Phoenix Chengdu sister city Thunderbird School of Global Management co-organized a business expert discussion on cooperation with China in the School of Management. The organizers invited Greg Heiland, CEO of Valutek, Frank Zhang, product supply manager of GAME, Chuck Zhu, general manager of American Airlines, and Roe Goddard, professor of the School of Management, to bring exciting information to nearly a hundred guests. The event will be hosted by Elena Zee of the Chinese Chamber of Commerce at 7 o'clock. The first question is very Chinese. "Guanxi" is very important in China. How can foreign investors grasp this relationship? Greg Helander, CEO of Valutek, which has invested in China for more than ten years, said that there is a good relationship in China, covering many aspects. For example, in the relationship with employees, both Chinese and foreign employees must be treated fairly, but the most important thing is to have a good relationship with the government. From his own experience, the Chinese government can always get the best price, so handling the relationship with the government can directly affect the purchase price. Frank is an authentic Chinese and has experience in directly participating in business activities in China and the United States. He said that if Americans want to set up a company in China, it is best to find a suitable partner. Many Chinese "relationships" can be handled by partners. They understand China's national conditions and can save a lot of money and time. "With China's labor costs rising, how can we reduce costs? Is it still a wise choice to choose China?" On this issue, Zhu Zhengguo, general manager of American Airlines, said that China's labor costs have indeed increased a lot in the past two years, but compared with the past, China's industrial chain has also become more complete, and the quality of the labor force has also been greatly improved. It is difficult for other developing countries to quickly replace China. Greg said that labor costs have risen rapidly in the past two years, but don't just focus on China's coastal cities. Many inland cities still have labor advantages. When President Greg and Professor Roy Goddard were asked about the impact of cultural differences between China and the United States on international business cooperation, Roy Goddard said that the disclosure of information needs to be controlled. Some things should be said and some should not be said. For example, when you go to China to purchase, what the purchased products will do in the future, and where they need to be sold, these should not be fully disclosed. Because the buyer will evaluate your profits and adjust the purchase price accordingly. Greg is funny. He said that in China if someone tells you that something is "inconvenient", it means "no". The whole audience laughed, and the two Chinese friends nodded wisely. It is indeed true. Chinese people are unwilling to say "no" to an explicit refusal, for fear that the rejected person will feel embarrassed, so they usually express it in a tactful way. By 8 o'clock in the evening, the atmosphere of the discussion was still very lively, with many people raising their hands and asking questions. The host thanked Wu Zhaowen, President of the Arizona Chinese Chamber of Commerce, Liu Ruzhang, Chairman of Chengdu Phoenix Sister City, and the head of Thunderbird School of Global Management for supporting this event, and invited friends who are still very interested in talking about China issues to stay and continue the discussion with the experts. This is the sixth event organized by the Arizona Chinese Chamber of Commerce this year. The next event "Global Rise in Influence and Opportunities" will be held in October. We hope that Chinese friends will continue to pay attention. Arizona Chamber of Commerce Chairman Wu Zhaowen (left) Representative of Thunderbird School of Global Management (right) (Left to right) Frank Zhang, Product Supply Manager of GAME Company Chuck Zhu, General Manager of American Airlines Company Elena Xu, Secretary of Chinese Chamber of Commerce Elena Zee Professor of School of Management Roe Goddard Greg Heiland, CEO of Valutek Company