Multinational Shared Services

Transnational Corporation is the result of scientific technology and social forces development. It is the offspring of production centralization, capital centralization and economic globalization. It is also new type of enterprise organization in modern world economic and technological cooperation. It represents the developing trend of Modern Corporation, and expresses directly competition capability of a country. At present, Transnational Corporations have get to every corners and fields in the whole world. Modern Transnational Corporations have being become the most active and most affective power in modern international investment, production, trade and technology transfer.According to the world investment report announced latest in the UN Trade Development Meeting, there are 53,000 various Transnational Corporations altogether in the world at present, and their branches reach to 450,000. Transnational Corporations control almost 40% of global production, 50%-60% of international trade, 60%-70% of international technology trade, 80%-90% of technological research and exploration, still 90% of international direct investment amount. In fact, today's international economic relationship is the inner relationship of Transnational Corporations. Transnational Corporations, especially those hundreds who have occupied dominant positions, have formed a huge and all-exclusive global economic network. In a great extent, the economic relationship between each country is the external expression of Transnational Corporations' inner relationship. Therefore, Transnational Corporations have become the main part in modern international economic relationship. The 21st century is a flourishing period for world corporations to develop transnational management. And all the activities, including high level, high grade and large-scale of trade, investment and scientific research, will take Transnational Corporations as main part or carrier to carry on at last. The Transnational Corporations will dominate the global economy in future. At the intersection of the two centuries, China's step into international society becomes much more faster. How to reduce the differences between powerful economy countries on economic level and synthetic strength, how to improve our country's international competitive power and stands erectly among powerful countries, which is an important problem cared by Chinese people. In fact, from the beginning of the opening to the outside world, China's enterprises had been going out of the country and starting investment overseas and engaged in transnational managing activities. No matter the developing speed neither the scale, comparing with the coequal developing countries, it is very high. The fact shows that Chinese enterprises' foreign direct investment and transnational management are important factors for promoting the national economy with a high speed and becoming a new increasing point of economic sustainable development for the future. But our transnational management is just beginning. Especially compared with developed countries, we have many shortcomings and urgent problems to solve. Thus, summing up over 20 year's practical experience of transnational management, exploring a road of transnational management not only tally to international law of economic activity but also fit China's situation of the fact, will be a great meaningful job. After entering into the 21st century, the world economy has developed rapidly.Under the undiscriminate, fair and free competitive condition, the economic globalization has become an objective reality for economic development and an objective law independent of man's will. Every country is trying his best to raise self-synthetic national power, to strengthen national and enterprising competitive advantages in order to gain the best economic profit in the economic globalization. Transnational Corporations have become the leading role in the world economic activities and it is the main part in national competitions by owning large numbe...