Michael Useem - Fortune Makers: The Leaders Creating Chinas Great Global Companies

Luis Ballesteros, doctoral student, Wharton School, University of Pennsylvania

Jeffrey Bernstein, Managing Director, Penn Wharton China Center, Beijing, China

Ruby Chen, Deputy Director, Executive Education, and Director of Company-Specific Programs, China Europe International Business School

Maggie Cheng, General Manager and Secretary-General, China Entrepreneur Club

Charles Chow, Senior Consultant, Deloitte Consulting

Tony Fang, Associate Professor of Human Resources Management and Employment Relations, Monash University

Renata Flores, Researcher, Program Evaluation, Philadelphia and Mexico City

Gordon Gao, Deputy Director, Executive Education, and Director of Open Enrollment Programs, China Europe International Business School

Mark Hanna, Independent Researcher

David Huang, Senior Manager, Executive MBA Program, China Europe International Business School

Jianwu Jiang, School of Management, Shenzhen University

Jeffrey Klein, Executive Director, McNulty Leadership Program, Wharton School, University of Pennsylvania

Samuel Li, Director, Translation Department, China Europe International Business School

Larry Liu, Research Assistant, University of Pennsylvania

John Mahaney, Contributing Editor, PublicAffairs Books

Marshall Meyer, Professor of Management, Wharton School, University of Pennsylvania

Mukul Pandya, Executive Director/Editor-in-Chief, Knowledge@Wharton Network, Wharton School, University of Pennsylvania

Raphael Sagalyn, ICM/Sagalyn Literary Agency

Danyang Wang, Research Assistant, University of Pennsylvania

Lei Wang, Account Director, Executive Education, China Europe International Business School

Qinjiang Wang, Director, Alumni Relations Office, China Europe International Business School

John W. Wright, John W. Wright Literary Agency

Kevin Zhang, Researcher, China Entrepreneur Club

Z. John Zhang, Professor of Marketing, Wharton School, and Executive Faculty Director, Penn Wharton China Center

Lilian Zhang, Senior Research Assistant, China Europe International Business School

Weijiong Zhang, Vice President and Co-Dean, Professor of Strategy, China Europe International Business School

All China Federation of Industry and Commerce

China Entrepreneur Club

China Europe International Business School

Alumni Office

Beijing Office

Case Center

Executive Education Program Office

Executive MBA Program Office

Research Committee

Translation Department

Knowledge@Wharton

National School of Development, Peking

Penn Wharton China Center

Wharton School, University of Pennsylvania

In this appendix we provide several figures illustrating recent trend lines on growth in Chinese imports, exports, foreign direct investment, employment in state-owned companies, industrial output and revenue of state-owned enterprises and private companies, and annual growth in GDP.

Non-state-owned enterprises and holding enterprises include collective-owned enterprises, cooperative enterprises, limited liability corporations, and private enterprises; industrial enterprises include all state-owned enterprises and non-state-owned enterprises with annual revenue from principal businesses over 5 million from 1998 to 2006, industrial enterprises with annual revenue from principal businesses over 5 million from 2007 to 2010, and industrial enterprises with annual revenue from principal businesses over 20 million since 2011. Due to changes in statistical categories, we use gross industrial output value for the years 1952 to 1997 and revenue from principal businesses for the years 1998 to 2013. (For this information we consulted the National Bureau of Statistics of China.)

Private foreign direct investment (FDI) by Chinese companies in the United States includes all significant non-state-owned Chinese company ownership in American-based firms, whether the firm was created, acquired, or the target of an investment. By significant we mean that the Chinese firms held at least 10 percent of the American-based company assets and exercised active management.

F IGURE A 1.1 Chinese Import and Export Value as Percentage of GDP, 19782013.

Source: China Statistical Yearbook of Industry and Commerce, 2015.

F IGURE A 1.2 Annual Foreign Direct Investment in the United States by Private Chinese Companies, 20002015.

Source: Rhodium Group, 2016.

F IGURE A 1.3 Value of Chinese Company Mergers and Acquisitions, 20052015.

Source: Dealogic, 2016.

Figure A1.4 Urban Employment in State-Owned Companies, and Total Urban Employment, in Millions, 19782014.

Source: China Statistical Yearbook of Industry and Commerce, 2015.

F IGURE A 1.5 Fraction of Urban Enterprise Employment by Business Ownership, 19782013.

Source: China Statistical Yearbook of Industry and Commerce, 2015.

F IGURE A 1.6 Industrial Output and Revenue by Business Ownership, 19522013

Source: China Statistical Yearbook of Industry and Commerce, 2015.

F IGURE A 1.7 Chinese Company Output by Business Ownership, 19522013.

Source: China Statistical Yearbook of Industry and Commerce, 2015.

Bian Pinggang, Chairman, Jiangsu Sanfangxiang Group Co., Ltd.

Cao Dewang, Chairman, Fuyao Glass Industry Group Co., Ltd.

Chai Xiangdong, General Manager, Shenzhen Neptunus Interlong Bio-Technique Co., Ltd.

Che Jianxin, Chairman and CEO, Red Star Macalline Group Corporation Ltd.

Chen Qiang, Chairman and CEO, China Huarong Energy Co., Ltd. (formerly China Rongsheng Heavy Industry)

Chen Xi, President, Sanquan Foods Co., Ltd.

Chen Zhilie, Chairman and President, EVOC Intelligent Technology Co., Ltd.

Deng Feng, Founder and Managing Director, Northern Light Venture Capital

Diao Zhizhong, Chairman, Glodon Software Co., Ltd.

Dong Caiping, Chairman and President, Zenith Steel Group Corporation Limited

Fang Hongbo, Chairman and President, Media Group Co., Ltd.

Feng Lun, Chairman, Vantone Holdings Co., Ltd.

Gao Dekang, Chairman and CEO, Bosideng International Holdings, Ltd.

Gao Tianle, Chairman, Tengen Group

Gong Yin, Vice-Chairman, Zhongli Science and Technology Group Co., Ltd.

Hai Yingjun, Chairman, Delta Group

Han, Lijun, President, Wolong Holding Group