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Thursday, March 30, 2017
Getting enterprises to be more "systemic important"
ANBOUND

"Systemic importance" refers to a financial institution that is large scale globally, active in cross-border activities, and is highly associated with other financial institutions, as well as more complex in structure and business that it is difficult to be replaced. After the global financial crisis in 2008, systemic importance became more well-known. Anbound scholars believe that in the ever-changing national economy, industry and market, access to "systemic importance" for the survival and development of enterprises is of great significance. So, how to increase the systemic importance of the enterprises? Generally speaking, this involves in several common aspects: First, the industry choice; second, the choice of the direction of development; third, the ability of enterprises of growing bigger and stronger; fourth, the ability to avoid risk; fifth, capacity to grasp the policy, trends and opportunities. In many cases, these enterprises need to get key help from professional strategic organizations.

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