Notice of RetractionThe competitiveness of chinese companies in the global market

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

This study provides a strategic framework for Chinese companies to assess their global readiness and identify innovative ways to move up the global value chains in their respective industries. At the same time, foreign companies - whether active in China or not will benefit from this study by factoring our insights into the formulation of their business strategies. China has 43 companies in the Fortune Global 500 list in 2009, up from 11 in 2002 and 16 in 2004. The value of overseas acquisitions completed by Chinese companies doubled in 2008, and 2009 has already seen a succession of highly ambitious bids. Chinese companies are looking to make a global impact and achieve high performance.