Local small and medium-sized enterprises (SMEs) which are eager to
explore the European market will have French experts at their
disposal from the start of next year.
The Shanghai Small Enterprises Trade Development Service Center has
reached an agreement with ECTI, a French non-profit and Chinese
Government-approved association which aims to help developing
countries.
"French brainpower will help local entrepreneurs sharpen their
competitive edge, especially in the European market," said Jonathan
Goo, director of the international co-operation department with the
center.
He
said the existence and healthy growth of small firms are critical
because they help promote social stability through job
opportunities even though they cannot contribute very much to the
city's gross domestic product.
Shanghai had 271,999 small and medium-sized firms with about 6.4
million employees by 2001, according to official statistics.
And the numbers have no doubt increased because every month
3,000-4,000 small firms open as compared with 1,000-2000 small
firms that are washed out of the market, according to Goo.
Shanghai's small firms, some started by people who quit management
positions in State-owned enterprises, some by returned overseas
Chinese and some by homegrown entrepreneurs, have mixed management
and profit-making levels.
"They are keen to learn because it's their money at stake," Goo
said. "We are obliged to offer them options to improve."
ECTI, with more than 3,000 registered members who are former
managers and executives of companies, government departments or
public service organizations, is ready to transmit its expertise
without receiving any payment.
(China Daily November 18, 2002)