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60% of Chinese Enterprises Plan to Make a Substantial Adjustment in Business Strategy
2009/6/8 0:00:00 Source:Economic Information Daily

According to the survey of KPMG Global Tax Department, in response to the global economic recession, about 66% of the respondents of Chinese enterprises plan to make a thorough transform of their business model in the future.
More than 850 senior corporate decision-makers from 29 countries were interviewed for the survey’s sake. The results showed that the enterprises in Asia-Pacific Region adopt a very active action in adjustment of their business; besides China, about 90% of Japanese companies, 84% of Singaporean enterprises and 72% of Indian enterprises also planed to adjust their business strategies in substantial scale. In contrast, in the Czech Republic and the Netherlands, only 20% of enterprises planed to adjust their business substantially; in Belgium, Hungary and the United Kingdom, the rates were 25%, 30% and 42%.
In addition, the results of survey indicated that among the interviewed Chinese companies that planed to adjust their business strategy in substantial scale, about 55% seek to change their business model, and 52% intended to innovate their products.


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