China's strategies to boost technology companies in the financial market

Authors

DOI:

https://doi.org/10.5380/cg.v11i1.83914

Abstract

In the last three decades, China emerged in International Relations as a great power. The China Stock Exchange progressively promotes greater openness to foreign investment, according to the strategies set out in the recent five-year plans defined by the government. The Chinese state seeks its technological independence, and its result has been proving competent, since 2015 China is a leader in the production of global patents. The Chinese ecosystem, designed by the State along with the market, influences decisions by companies, which seek to benefit from both logics to deliver better products and financial returns to Chinese society. Thus, the present work employs the bibliographic and deductive method, aiming to answer the following research question: What are China's strategies to boost technology companies in the financial market? It appears during the discussions that China is going to a strategic change, promoting an ecosystem in order to be able to develop its own innovative technologies and provide Chinese social well-being.

Author Biographies

Ivan Henrique Ribeiro Manske, Universidade do Vale do Itajaí (UNIVALI), Balneário Camboriú, Santa Catarina

Ivan Henrique Ribeiro Manske

Native Brazilian, year of birth 1999.

majoring in international relations.

Specialist in international markets, with a focus on Asia.


Walter Barbieri Junior, UNIVALI

Doutor em Ciências Sociais pela Pontifícia Universidade Católica de São Paulo (2015), com mestrado também pela Pontifícia Universidade Católica de São Paulo (2007) e graduação em História pela Universidade de São Paulo (1993). Pós doutorado pela Universidade do Vale do Itajaí, do Brasil, em conjunto com Università degli Studi di Perugia da Itália (em andamento). Atualmente é Coordenador do Curso de Pós Graduação Especialização Relações Internacionais Contemporâneas da Universidade do Vale do Itajaí (UNIVALI). Atua como docente nos cursos de Mestrado Profissional Internacional Conjunto em Direito das Migrações Transnacionais, também nos Cursos de Graduação Relações Internacionais e Direito na UNIVALI. Tem experiência nas áreas de Ciência Política, Economia Política e Relações Internacionais, principalmente nos seguintes temas: China, Estado, capitalismo e desenvolvimento econômico.

References

AFCA. Securities Association of China. Disponível em: https://bit.ly/3tFootu. Acesso em: 19 abr. 2021.

AMD. O Cérebro da Eletrônica Moderna. (2019). Disponível em: https://bit.ly/34gYb9D. Acesso em: 25 maio 2021.

CLEARING, C. C. D. &. ChinaBond. Disponivel em: https://bit.ly/2RO8ZJk. Acesso em: 14 abr. 2021.

DIDI. About Us: The World‘s Leading Transportation Platform. 2021. Disponível em: https://bit.ly/3isaGqB. Acesso em: 07 ago. 2021.

FIA (2018) FIA Global Exchange Volume Dataset. Brussels, Belgium/Singapore/London, UK/Washington, DC: Futures Industry Association. Fortune Global 500. Fortune, 2020. Disponivel em: https://bit.ly/3cYK4cI. Acesso em: 24 mar. 2021.

FUNG, Hung-Gay; LIU, Qingfeng “Wilson”; ZHANG, Fan. The Development of China’s Bond Market. The Chinese Economy, [S.L.], v. 52, n. 1, p. 107-123, 2 jan. 2019.

GALA, Paulo; MOREIRA, Uallace. O plano da China de U$1,4 trilhão para dominar a indústria mundial de semicondutores até 2025. 2020. Disponível em: https://bit.ly/2Sw1hUA. Acesso em: 25 maio 2021.

GIRARDIN, E.; LIU., Z. Demystifying China's Stock Market: The Hidden Logic behind the Puzzles. 1. ed. Switzerland: Palgrave Pivot, 2019.

GROUP, W. B. world bank group. WORL BANK GRUP, 2020. Disponivel em: https://bit.ly/2NPfnhE. Acesso em: 25 mar. 2021.

GUO, Yanting; ZHENG, Gang. How do firms upgrade capabilities for systemic catch-up in the open innovation context?: a multiple-case study of three leading home appliance companies in china. Technological Forecasting And Social Change, v. 144, p. 36-48, jul. 2019. Elsevier BV.

HAIER. Company History. 2020. Disponível em: https://bit.ly/3iycdeE. Acesso em: 08 ago. 2021.

HARTLEY, Kris. China’s Artificial Intelligence Revolution: a Sputnik Moment for the West?. 2018. Disponível em: https://bit.ly/3j5IfPE. Acesso em: 23 ago. 2021

HE, Xiaoming; CUI, Lin; MEYER, Klaus E. How state and market logics influence firm strategy from within and outside? Evidence from Chinese financial intermediary firms. Asia Pacific Journal Of Management, 2020. Disponível em: https://bit.ly/31f2gg5. Acesso em: 14 set. 2021.

HONG KONG EXCHANGES AND CLEARING LIMITED (Hong Kong). History of HKEX and its Market. 2021. Disponível em: https://bit.ly/3eOI7Aw. Acesso em: 05 maio 2021.

HONG KONG EXCHANGES AND CLEARING LIMITED (Hong Kong). Overview. 2021. Disponível em: https://bit.ly/3tiaWup. Acesso em: 05 maio 2021.

INTERNATIONAL MONETARY FUND. GDP based. 2021. Disponível em: https://bit.ly/3amp8vU. Acesso em: 18 abr. 2021.

KARABELL, Zachary. China’s Didi Crackdown Isn’t All That Different From U.S. Moves Against Big Tech. 2021. Disponível em: https://bit.ly/2VtbdA9. Acesso em: 07 ago. 2021.

LIN, Justin Yifu. Dual Circulation and China’s Development. 2020. Disponível em: https://bit.ly/3ysGUIu. Acesso em: 19 maio 2021.

SHANGHAI STOCK EXCHANGE. Csrc. Overview: history and development. 2019. Disponível em: https://bit.ly/3388a0p. Acesso em: 03 maio 2021.

SHENZHEN STOCK EXCHANGE (China). Csrc. Overview. 2018. Disponível em: https://bit.ly/3nM7BCR. Acesso em: 04 maio 2021.

TENGLER, Nancy. New Era Value Investing: a disciplined approach to buying value and growth stocks. New Jersey: John Wiley & Sons, 2003.

WANG, Shuxun. How does stock market liberalization influence corporate innovation? Evidence from Stock Connect scheme in China. Emerging Markets Review, Zhangjialukou, v. 47, n. 1, p. 1-47, jun. 2021.

WIPO. World Intellectual Property Organization: statistical country profiles. Statistical Country Profiles. 2021. Disponível em: https://bit.ly/3sJniNx. Acesso em: 23 ago. 2021.

XINHUA (China). He State Council the People'S Republic of China. Registration-based IPOs debut on ChiNext. 2020. Disponível em: https://bit.ly/33eRbth. Acesso em: 04 maio 2021.

XINHUA. Reunião chave enfatiza dupla circulação como característica de uma reforma de nível mais profundo. 2020. Disponível em: https://bit.ly/3v1pyjN. Acesso em: 18 maio 2021.

ZHAO, Rongxiang; CAO, Yu Uny; ZHENG, Xianrong; WANG, Hu. The innovation economy calls for proactive growth of intellectual property by various innovation carriers – A China case. Global Transitions Proceedings, v. 1, n. 1, p. 23-31, jun. 2020.

Downloads

Published

2022-05-26

How to Cite

Ribeiro Manske, I. H., & Junior, W. B. (2022). China’s strategies to boost technology companies in the financial market. Conjuntura Global, 11(1). https://doi.org/10.5380/cg.v11i1.83914

Issue

Vol. 11 No. 1 (2022)

Section

Articles

License

Conjuntura Global (ISSN 2317 - 6563) editors reserve the right to adapt the submissions to the journal's editorial standard format. The articles and reviews are under the responsibility of their authors and do not express the opinion of Conjuntura Global's editors.

Authors who publish in this journal agree with the following terms:

  • Authors retain copyright and grant the journal the right of first publication, with the work simultaneously licensed under the Creative Commons Attribution License (CC BY 4.0), that allows the work to be shared with recognition of authorship and initial publication in this journal;
  • Authors are allowed to assume additional contracts separately, for the non-exclusive distribution of the version of the work published in this journal (e.g., to publish in an institutional repository or as a book chapter), with recognition of authorship and initial publication in this journal;
  • The approval of the submission automatically implies the authorization to Conjuntura Global to forward the relevant information to the scientific journals' indexing databases.