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Where will foreign-invested engineering companies find their way out in 2009?

2009-03-08View Original

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Amid the economic crisis, what is the way out for foreign-invested engineering companies in 2009?
Reply #22009-03-09
Foreign capital has no way out, what should domestic capital do? Or will we go back to the same old path a few years ago, where everyone has nothing to eat?
Reply #32009-03-09
That's so tragic? Isn't it? ? ? However, the current financial crisis has hit us hard. There are only a few big projects. I hope they can be delayed over the past two years.
Reply #42009-03-11
Recently, many foreign-funded companies have withdrawn their capital and ceased operations in China. But I think this is a bit short-sighted. After all, China's economic growth is unstoppable, and under the premise of slowing down, we should strengthen our determination to continue to develop in China. For example, GooGle is a far-sighted company, and its strategy in China is to persist as always. Now it has captured a considerable market share, including our Haichuan! hehe! :lol No matter where the company is, its future development can be predicted from the attitude towards its employees in times of crisis. I strongly despise those companies and leaders who cut employees' salaries or even lay off employees, but eat and drink a lot on weekdays.
Reply #52009-03-11
Many foreign-funded engineering companies choose large projects with high direct profits. There are also many domestic companies like this. Under the current economic crisis, companies are paying close attention to tapping internal potential, starting with technological improvements, and making many improvements in small aspects. Although direct profits are not high, indirect profits are much higher than direct profits. Taken together, the previous rough aspects have developed into the current fine aspects. The technology is more sophisticated, costs are still decreasing, and although the profit margins have been compressed, they have not reached the bottom. Each company has established a lot of technologies with independent intellectual property rights through internal tapping, and has accumulated a large part of technical knowledge. However, the impact on engineering companies is relatively small, because it involves qualification issues. For example, we have the ability to do a project, but do not have the qualifications, so we have to invite some engineering companies to take on the qualifications, but we still use our own technology. Therefore, I suggest that current engineering companies focus on small things. For example, if I do something for you, you don’t need to share the direct profit with me (that is, pay me directly). When my technology creates benefits for your company, I can share as much as I want. This method should be good for both investment and risk.

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