Discussion on Developing a Strategic Approach to Human Resources in China.
Hello, I am looking for someone to write an article on Developing a Strategic Approach to Human Resources in China. It needs to be at least 2000 words. The economic growth of a nation is controlled by many parameters like political stability, lack of agitations in the society or industrial sectors and also the country’s ability to mobilize the internal resources along with attracting foreign direct investments (FDI) in the country. The people’s living standards, unemployment problems, educational levels, infrastructure developments, overall domestic peace levels and also the relationships with the neighboring countries, all will reflect the economic growth of a nation. China has all the above qualities and hence corporate can think about investing in China. ‘China’s economy is huge and expanding rapidly towards attaining a stable proposition. Last 30 years, the world has witnessed miraculous Chinese economic growth, averaging 8% growth in Gross Domestic Product (GDP) per annum. The economy has grown in all the segments more than 10 times during that period. The Chinese GDP has already crossed 3.42 trillion US dollars and it is still growing towards a much larger extent. China already has the biggest economy after the United States in purchasing power. Most economic analysts expect China to become the largest economy in the near future itself (Economy watch)
On the other hand, China is the number one country in the world as far as the population is concerned and other countries can utilize the huge Chinese market very well if some customization of strategies has been formulated before entering into the Chinese market. These customization strategies must focus on the cultural adaptation of the business suitable to the Chinese political, economic, social and environmental spectrum.
Aussie Best, the large supermarket chain that successfully operates 250 stores across Australia and New Zealand can think about exploiting the Chinese market for their own advantages considering the stiff .competition in their domestic country and the huge market size of China. .
