英文高手帮忙写篇关于中英经济方面对比的文章,要求用英文的,字书在1500到2000之间,就可以,谢谢了
来源:学生作业帮 编辑:大师作文网作业帮 分类:综合作业 时间:2024/11/16 06:10:13
英文高手帮忙
写篇关于中英经济方面对比的文章,要求用英文的,字书在1500到2000之间,就可以,谢谢了
写篇关于中英经济方面对比的文章,要求用英文的,字书在1500到2000之间,就可以,谢谢了
参考一下吧
UK businesses need wake up call to make most of China's economic boom
UK medium sized businesses need a wake up call to ensure they make the most of Mainland China's economic boom, as currently they are among the world's least likely to make the most of the opportunities arising from China's economic growth and trail substantially behind several South East Asian countries, Australia and the US, according to Grant Thornton's International Business Owners Survey (IBOS).
Grant Thornton's IBOS Survey is carried out with more than 7,000 owners of medium-sized businesses from 30 countries, and for the first time has included businesses from Mainland China. The ground-breaking survey of 300 Chinese business owners required approval from the Chinese Government and was conducted in late 2005 across a wide range of industries.
China's relentless economic growth of the past few years has made it, at least in business terms, the 'place to be' for many worldwide businesses seeking a share of the country's insatiable demand for commodities and vibrant trade opportunities. Countries in the Asia Pacific region, mainly Hong Kong, Malaysia, Australia and the US have reaped the greatest rewards, whereas UK medium sized businesses, and most other European medium sized businesses, so far, appear to have substantially failed to fully exploit the Chinese market.
Jim Rogers, Head of Growth and Strategic Services at Grant Thornton, said: "China is a business opportunity of enormous proportions. However, our attention, often with very good reason, has been mostly directed elsewhere, namely the EU and the US. While with each of these markets we enjoy histories of excellent trade relations, language, cultural and political similarities, it is vital that medium sized UK businesses do not ignore the markets that are opening up in the Far East. Today, these opportunities don't come much bigger than those available in China."
Opportunity or Threat?
The survey asked respondents whether they perceived Mainland China's economic development as an opportunity or threat to their business. Those countries that regarded the Chinese market as providing significant opportunities were Hong Kong (52%), Taiwan (51%), Philippines (37%), Thailand (35%) and the US (34%). By comparison in the UK, just over one in ten companies (11%) saw China as an opportunity, an amount which is on par with the EU's result of 10%.
Respondents who believed that China's economic boom represents a significant threat to their business included the Philippines (54%), Taiwan (53%) and Mexico (44%). In the UK the figure was 18%.
"Some UK businesses have made inroads into China, however, the point is that this market has the potential to yield far more returns than we are currently attempting to achieve," he continued. "Especially for those in the financial services, energy, ICT, healthcare, water, aerospace, automotive, construction and chemical industries," says Rogers.
"It is not all plain sailing," cautions Rogers. "Aside from fierce competition from Chinese companies, business threats can include issues with the quality of products and services sourced in China as well as all the usual business barriers such as the country's mind-boggling scale, its complex legal system, an unfamiliar and often confusing business environment, language and cultural issues."
"One reason many European countries are also choosing not to engage in business with China, is because of the country's intellectual property laws. While laws are in place, they are not strongly enforced, thus posing a risk of unique IP being abused by competitors without them being consistently discouraged by strong legal or financial penalties," said Rogers.
Imports and Exports
Nearly one in five medium sized businesses worldwide now import from Mainland China, with the largest importers being from Hong Kong (45%), the Philippines (38%) and Singapore (30%). Currently 17% of UK medium sized businesses import from China.
"The majority of the UK's imports from China tend to be associated with the retail industry something which largely reflects the nature of our economy," says Rogers. "By including UK businesses who currently do not import from China but have formal plans to do so, then the result rises to 20%, an amount that is higher than the EU's average of 14%."
On average, only 14% of medium sized businesses worldwide currently export to China. Hong Kong clearly leads the export market (46%), double the amount of its nearest competitor Turkey (23%) and almost three times Singapore (16%). Only 8% of UK medium sized businesses export to Mainland China*, an amount which is below the EU average of 12%.
"The UK's level of exports to China is very poor," says Rogers. "Of the 30 countries surveyed, the UK is in 16th equal place with Canada, Japan and Thailand. China's insatiable demand for commodities has not yet spread to services. As the UK is a service oriented economy this may be why it is not performing as well, in export terms, in comparison to countries with strong manufacturing bases such as Germany and Italy," continued Rogers.
"As the Chinese economy develops, over the next five to ten years we are likely to see services become much more in demand, with the UK in a position to substantially increase its exports to China particularly from the retail, financial services, ICT and healthcare industries."
Outsourcing
The survey also revealed that one in ten mid-sized businesses worldwide had outsourced their operations to another country. The leading destination for outsourcing was China, with a third of businesses (31%) already transferring or planning to transfer operations there. China was followed by India with 27%. Leading the table for countries who outsource is Hong Kong (26%), followed by the US (18%) and the Netherlands (16%). Comparatively, the UK outsourced 9% of its operations abroad - the same amount as the EU average.
"While the UK's result is on par with Europe's, we need to ensure that we do not miss out on vital opportunities to outsource to other countries. We are taken aback that 89% of UK medium sized businesses seemingly have no plans to take advantage of the opportunities that outsourcing presents. Companies cannot afford to stick their heads in the sand, they need to be alert to the both the long and short term gains that could be made from outsourcing," comments Rogers.
Optimism
Chinese business owners are among the most confident about their local economy with an optimism balance of +79%**. Only three countries out of the 30 surveyed - India, Ireland and South Africa - were more optimistic.
UK optimism levels fell to 23rd place with a balance of only +8%, well below the EU average of +18% and a significant drop from last year's balance of +46% (14th place).
For the 12 months ahead, Mainland China's prospects for growth in turnover terms were the most optimistic worldwide, leading the table with a balance of +86%. Again, the UK was down the list in 20th place with a balance of +52% - just one percentage point above the EU average of +51%.
Despite their supreme optimism about future growth, Chinese businesses suffer from substantially high (compared to other countries) concerns about the barriers they may face with regards to expansion. They rank among the world leaders when it comes to worrying about shortage of working capital (2nd place), cost of finance (4th place), shortage of orders/reduced demand (4th place), shortage of long term finance (5th place) and availability of skilled workforce (9th place).
"For UK companies who deal with Chinese businesses, these findings could serve as a warning that all that glitters is not gold," says Rogers. "This is a contradiction in terms - on one hand Chinese companies are saying they are the most optimistic in the world about the future of their business, on the other, they are the fourth most concerned about a shortage of orders and reduced demand."
"However, there is also significant competition within Mainland China, which may well give rise to many of the issues they are concerned about."
Regional Data
On a regional level, medium sized businesses in the Midlands, Scotland, the South West and Wales believe they have reaped the most significant rewards from Mainland China's economic boom.
Looking at opportunities to business, those in Scotland (22%) believed Mainland China presented the largest opportunities to medium sized businesses followed by the North, North East & North West (15%), the Midlands (14%) and East England (10%). However, those in the North, North East & North West (27%) believed China's economic boom presented the greatest threat to their businesses, followed by the East of England (25%), South West, West & Wales (19%) and the Midlands (18%).
Focusing on the import market, currently 25% of in the East of England import from China, followed by the Midlands (22%), Scotland (18%) and the South West, West & Wales (18%). By comparison, fewer UK businesses export to China. Of these, 17% of respondents were from the East of England, 12% from the North, North East & North West, 8% from London & South and 8% from Scotland.
Commenting on the regional picture, Jim Rogers, says: "The regions are engaging more with China than the Capital, which paints an encouraging picture for businesses around the country. Given that Scottish whisky exports to China have risen by 84% in the last year alone***, we are not surprised by the positive outlook the Scots' have. However, we would encourage more medium sized businesses to look closely at the opportunities presented - be it through imports, exports or outsourcing and see where they can take advantage of any opportunities on offer."
UK businesses need wake up call to make most of China's economic boom
UK medium sized businesses need a wake up call to ensure they make the most of Mainland China's economic boom, as currently they are among the world's least likely to make the most of the opportunities arising from China's economic growth and trail substantially behind several South East Asian countries, Australia and the US, according to Grant Thornton's International Business Owners Survey (IBOS).
Grant Thornton's IBOS Survey is carried out with more than 7,000 owners of medium-sized businesses from 30 countries, and for the first time has included businesses from Mainland China. The ground-breaking survey of 300 Chinese business owners required approval from the Chinese Government and was conducted in late 2005 across a wide range of industries.
China's relentless economic growth of the past few years has made it, at least in business terms, the 'place to be' for many worldwide businesses seeking a share of the country's insatiable demand for commodities and vibrant trade opportunities. Countries in the Asia Pacific region, mainly Hong Kong, Malaysia, Australia and the US have reaped the greatest rewards, whereas UK medium sized businesses, and most other European medium sized businesses, so far, appear to have substantially failed to fully exploit the Chinese market.
Jim Rogers, Head of Growth and Strategic Services at Grant Thornton, said: "China is a business opportunity of enormous proportions. However, our attention, often with very good reason, has been mostly directed elsewhere, namely the EU and the US. While with each of these markets we enjoy histories of excellent trade relations, language, cultural and political similarities, it is vital that medium sized UK businesses do not ignore the markets that are opening up in the Far East. Today, these opportunities don't come much bigger than those available in China."
Opportunity or Threat?
The survey asked respondents whether they perceived Mainland China's economic development as an opportunity or threat to their business. Those countries that regarded the Chinese market as providing significant opportunities were Hong Kong (52%), Taiwan (51%), Philippines (37%), Thailand (35%) and the US (34%). By comparison in the UK, just over one in ten companies (11%) saw China as an opportunity, an amount which is on par with the EU's result of 10%.
Respondents who believed that China's economic boom represents a significant threat to their business included the Philippines (54%), Taiwan (53%) and Mexico (44%). In the UK the figure was 18%.
"Some UK businesses have made inroads into China, however, the point is that this market has the potential to yield far more returns than we are currently attempting to achieve," he continued. "Especially for those in the financial services, energy, ICT, healthcare, water, aerospace, automotive, construction and chemical industries," says Rogers.
"It is not all plain sailing," cautions Rogers. "Aside from fierce competition from Chinese companies, business threats can include issues with the quality of products and services sourced in China as well as all the usual business barriers such as the country's mind-boggling scale, its complex legal system, an unfamiliar and often confusing business environment, language and cultural issues."
"One reason many European countries are also choosing not to engage in business with China, is because of the country's intellectual property laws. While laws are in place, they are not strongly enforced, thus posing a risk of unique IP being abused by competitors without them being consistently discouraged by strong legal or financial penalties," said Rogers.
Imports and Exports
Nearly one in five medium sized businesses worldwide now import from Mainland China, with the largest importers being from Hong Kong (45%), the Philippines (38%) and Singapore (30%). Currently 17% of UK medium sized businesses import from China.
"The majority of the UK's imports from China tend to be associated with the retail industry something which largely reflects the nature of our economy," says Rogers. "By including UK businesses who currently do not import from China but have formal plans to do so, then the result rises to 20%, an amount that is higher than the EU's average of 14%."
On average, only 14% of medium sized businesses worldwide currently export to China. Hong Kong clearly leads the export market (46%), double the amount of its nearest competitor Turkey (23%) and almost three times Singapore (16%). Only 8% of UK medium sized businesses export to Mainland China*, an amount which is below the EU average of 12%.
"The UK's level of exports to China is very poor," says Rogers. "Of the 30 countries surveyed, the UK is in 16th equal place with Canada, Japan and Thailand. China's insatiable demand for commodities has not yet spread to services. As the UK is a service oriented economy this may be why it is not performing as well, in export terms, in comparison to countries with strong manufacturing bases such as Germany and Italy," continued Rogers.
"As the Chinese economy develops, over the next five to ten years we are likely to see services become much more in demand, with the UK in a position to substantially increase its exports to China particularly from the retail, financial services, ICT and healthcare industries."
Outsourcing
The survey also revealed that one in ten mid-sized businesses worldwide had outsourced their operations to another country. The leading destination for outsourcing was China, with a third of businesses (31%) already transferring or planning to transfer operations there. China was followed by India with 27%. Leading the table for countries who outsource is Hong Kong (26%), followed by the US (18%) and the Netherlands (16%). Comparatively, the UK outsourced 9% of its operations abroad - the same amount as the EU average.
"While the UK's result is on par with Europe's, we need to ensure that we do not miss out on vital opportunities to outsource to other countries. We are taken aback that 89% of UK medium sized businesses seemingly have no plans to take advantage of the opportunities that outsourcing presents. Companies cannot afford to stick their heads in the sand, they need to be alert to the both the long and short term gains that could be made from outsourcing," comments Rogers.
Optimism
Chinese business owners are among the most confident about their local economy with an optimism balance of +79%**. Only three countries out of the 30 surveyed - India, Ireland and South Africa - were more optimistic.
UK optimism levels fell to 23rd place with a balance of only +8%, well below the EU average of +18% and a significant drop from last year's balance of +46% (14th place).
For the 12 months ahead, Mainland China's prospects for growth in turnover terms were the most optimistic worldwide, leading the table with a balance of +86%. Again, the UK was down the list in 20th place with a balance of +52% - just one percentage point above the EU average of +51%.
Despite their supreme optimism about future growth, Chinese businesses suffer from substantially high (compared to other countries) concerns about the barriers they may face with regards to expansion. They rank among the world leaders when it comes to worrying about shortage of working capital (2nd place), cost of finance (4th place), shortage of orders/reduced demand (4th place), shortage of long term finance (5th place) and availability of skilled workforce (9th place).
"For UK companies who deal with Chinese businesses, these findings could serve as a warning that all that glitters is not gold," says Rogers. "This is a contradiction in terms - on one hand Chinese companies are saying they are the most optimistic in the world about the future of their business, on the other, they are the fourth most concerned about a shortage of orders and reduced demand."
"However, there is also significant competition within Mainland China, which may well give rise to many of the issues they are concerned about."
Regional Data
On a regional level, medium sized businesses in the Midlands, Scotland, the South West and Wales believe they have reaped the most significant rewards from Mainland China's economic boom.
Looking at opportunities to business, those in Scotland (22%) believed Mainland China presented the largest opportunities to medium sized businesses followed by the North, North East & North West (15%), the Midlands (14%) and East England (10%). However, those in the North, North East & North West (27%) believed China's economic boom presented the greatest threat to their businesses, followed by the East of England (25%), South West, West & Wales (19%) and the Midlands (18%).
Focusing on the import market, currently 25% of in the East of England import from China, followed by the Midlands (22%), Scotland (18%) and the South West, West & Wales (18%). By comparison, fewer UK businesses export to China. Of these, 17% of respondents were from the East of England, 12% from the North, North East & North West, 8% from London & South and 8% from Scotland.
Commenting on the regional picture, Jim Rogers, says: "The regions are engaging more with China than the Capital, which paints an encouraging picture for businesses around the country. Given that Scottish whisky exports to China have risen by 84% in the last year alone***, we are not surprised by the positive outlook the Scots' have. However, we would encourage more medium sized businesses to look closely at the opportunities presented - be it through imports, exports or outsourcing and see where they can take advantage of any opportunities on offer."
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