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though "The future for MNCs in China" report was released in 2012 by KMPG, the content is still valid and shed the light for MNCs planning ahead...what are the key points from the report: 1 Rising labor cost 2 Shortage of Talent 3 Pay-for-performance is not working in China bcos of the Income tax system, ppl prefers low income to take back home. 4 Capital Market has not yet opened. 5 Biz license issue 6 Lack of innovation and management skills for future leaders in China 7 JV - has become popular, cos of license issue (if you cant beat them, join them: MNCs and Local companies leverage each other). 8 Corporate Incentive: tech firm corporate tax 25% to 15%, R&D has 50% bonus reduction. 9 Shared Service and outsourcing 10 Payment and cloud computing Besides, it's convincing reading the biz leaders insight from different service sector, luxury (Bluebell), legal, Biz centre (the Executive Centre), Outsourcing (Genpact), Apparel (Avery Dennison), Logistics (FedEx), and of course KPMG itself.
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though "The future for MNCs in China" report was released in 2012 by KMPG, the content is still valid and shed the light for MNCs planning ahead...what are the key points from the report: 1 Rising labor cost 2 Shortage of Talent 3 Pay-for-performance is not working in China bcos of the Income tax system, ppl prefers low income to take back home. 4 Capital Market has not yet opened. 5 Biz license issue 6 Lack of innovation and management skills for future leaders in China 7 JV - has become popular, cos of license issue (if you cant beat them, join them: MNCs and Local companies leverage each other). 8 Corporate Incentive: tech firm corporate tax 25% to 15%, R&D has 50% bonus reduction. 9 Shared Service and outsourcing 10 Payment and cloud computing Besides, it's convincing reading the biz leaders insight from different service sector, luxury (Bluebell), legal, Biz centre (the Executive Centre), Outsourcing (Genpact), Apparel (Avery Dennison), Logistics (FedEx), and of course KPMG itself.
Mn cs in china report v27_web
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2010香港 traditional
1.
案例分析 Tony Jin
Director of Legal Affairs May 26, 2010
2.
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產品組成
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www.ctgedoctor.com
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