Fairtheworld Comment: Globalization is Transforming Transnational Corporations into Global, Resource-Integrated Enterprises

HONG KONG, July 5 Fairtheworld-comment
HONG KONG, July 5 /PRNewswire/ -- The increasing globalization trend is making the whole world more and more connected, while the Information Revolution represented by the Internet is making the earth a flat planet. With the introduction of real-time information transmission and reduced cost of communication, the psychological boundaries across the world are being blurred and eliminated.

Against this background, the global industrial development is more and more integrated, transcending the barriers of time and space and is more regionalized and scattered. Companies are increasingly taking on a global vision, focusing on the entire industrial chain and commercial network. Sourcing, production, and sale are more and more globalized, while the cases of international fund-raising and transnational merger and acquisition are rising year on year.

Fairtheworld.com points out that, Chinese enterprises, under this financial crisis, are actively going global, taking measures such as: purchasing mineral resources, acquiring foreign brands and technologies, and setting up commercial outlets across the globe. Chinese enterprises are erasing the image of "world factory" in the past; these awakening companies are pursuing more than single product production, marching towards the international arena, trying to grasp all the links along the industrial chain, grabbing for high-profit links other than the production link.

It is against this background that Fairtheworld.com proposed the concept of "e-commerce matrix". The "Fair N Fair" 3D Virtual Expo platform, developed by Fairtheworld, is integrating global high-end enterprises from various industries into its "e-commerce matrix", each enterprise floating on the matrix as the smallest unit. Through different connection paths, these units can be incorporated into various industrial chains, gaining the strongest vigor and vitality, breaking industrial and geographic barriers. Therefore, these companies are evolving into globalized, resource-integrated enterprises.

For more information, please contact:
Dodona Song
Cell:  +86-159-1626-1151
Email: news@fairtheworld.com

SOURCE Fairtheworld