Small Chinese firms ready for the big leap
By Zheng Yangpeng | China Daily | Updated: 2014-09-18 08:34
Companies get prepared to challenge established rivals in overseas markets
Alibaba Group Holding Ltd, Huawei Technologies Ltd, Lenovo Group Ltd and Haier Electronics Group Co have become household names in China and the Western corporate world. But for a giant economy like China, they are just the tip of the country's business iceberg.
There are several other firms that are lesser known and rarely make headlines in domestic and foreign media. But with their fast growth rates, strong domestic market presence and clear business strategies, they look poised to up the ante for global market share in the next three to five years, a study said on Tuesday.
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