CGL Consulting Co., Ltd

To thrive in a #globalmarket that is increasingly #competitive and #diverse, many companies are looking to expand their operations overseas. Chinese #biotechnology companies are among the most proactive in going overseas to tap into the vast pool of #globaltalent and accelerate #innovation. However, this is not without its set of challenges. In part 2 of this series, Hank Yang, CGL Director who specializes in recruiting global R&D talent for #pharmaceutical and biotechnology companies, delves into the key questions Chinese companies are considering to address the #challenges of setting up #overseas. CGL Consulting Co., Ltd. strategically expanded its talent services in 2023 to cover major economies across the #Americas, #Europe, and #SoutheastAsia. The company assembled a dedicated virtual overseas team of 40+ highly skilled professionals to better serve the new wave of Chinese enterprises expanding overseas. CGL's overseas search business recorded a year-on-year increase of 20% in 2023, serving 131 enterprises and placing 189 positions.  CGL Group is a comprehensive #talent asset management company that specializes in high-end #executivesearch, #organizationalmanagement #consulting, #investment and #financing services, and #expertneworks. Follow CGL Consulting Co., Ltd. for more #insights on how to continue #creatinggreatervalue in 2024 and keep abreast of #China's exciting #talentmarket! #strongertogether

Chinese biotech companies understand that the future of the industry lies in AI-driven #drugdiscovery. According to experts, if #AI is effectively incorporated into the #research conducted by #scientists, it has the potential to develop better #medicines cheaper and faster, getting them to the right patients at the right time. CGL Director Hank Yang, who specializes in recruiting global R&D talent for #pharmaceutical and advanced biotechnology companies, explains that the push for #innovation is driving the growing demand for specialized AI talent in the industry, including Chinese biotech companies expanding overseas. "Transformation and innovation in these fields require the participation and contribution of AI experts and researchers," says Yang. AI Researchers are often involved in academic or industrial research, pushing the boundaries of what is possible with AI. They might work on developing new #machinelearning #algorithms, improving existing ones, or exploring theoretical aspects of AI. AI Experts often work on applying these research findings to real-world problems. This could involve designing and implementing #AIsystems, optimizing them for specific tasks, or integrating them into existing #technologies. CGL Consulting Co., Ltd. strategically expanded its talent services in 2023 to cover major economies across the #Americas, #Europe, and #SoutheastAsia. The company assembled a dedicated virtual overseas team of 40+ highly skilled professionals to better serve the new wave of Chinese enterprises expanding overseas. CGL's overseas search business recorded a year-on-year increase of 20% in 2023, serving 131 enterprises and placing 189 positions.  CGL Group is a comprehensive #talent asset management company that specializes in high-end #executivesearch, #organizationalmanagement #consulting, #investment and #financing services, and #expertneworks. Click on the link in the comments section to read the full feature. Follow CGL Consulting Co., Ltd. for more #insights on how to continue #creatinggreatervalue in 2024 and keep abreast of #China's exciting #talentmarket! #strongertogether

Chinese #biotechnology companies have proactively expanded #overseas to tap into the vast pool of #globaltalent. The strategic shift is not just about survival, but about thriving in a #globalmarket that is increasingly #competitive and #diverse. Chinese biotech companies are eyeing global #hubs to attract global talent and accelerate R&D and #innovation. The most well-established R&D centers are concentrated in California and the United States' east coast. CGL Director Hank Yang, who specializes in recruiting global R&D talent for #pharmaceutical and advanced biotechnology companies, notes that other hubs across #Europe and #Asia offer significant advantages in terms of access to a concentrated pool of talent, robust infrastructure, and a supportive #ecosystem for biotechnology research and development. Europe: Cambridge and London in the UK, as well as EU countries such as Germany, Switzerland, and Sweden, form a strong biotech cluster. These areas not only have top research institutions, but also have a highly skilled workforce. Together with the government's active support policies, these areas provide fertile soil for the development of biotechnology. Israel: In the field of medical device innovation, Israel is world-famous for its excellent technological foundation and rich human resources, and it's becoming an important force in global innovation. Singapore: Known for its political neutrality and solid intellectual property protection system, Singapore provides a stable and conducive environment for innovation and business growth. Japan: Tokyo and Osaka are the core hubs for biotech research in Asia. Many well-known universities and research institutions in Japan have achieved remarkable scientific research results in cutting-edge biotechnology fields such as stem cells, and have cultivated a large number of top talents, making important contributions to the advancement of global biotechnology. CGL Consulting Co., Ltd. strategically expanded its talent services in 2023 to cover major economies across the #Americas, #Europe, and #SoutheastAsia. The company assembled a dedicated virtual overseas team of 40+ highly skilled professionals to better serve the new wave of Chinese enterprises expanding overseas. CGL's overseas search business recorded a year-on-year increase of 20% in 2023, serving 131 enterprises and placing 189 positions.  CGL Group is a comprehensive #talent asset management company that specializes in high-end #executivesearch, #organizationalmanagement #consulting, #investment and #financing services, and #expertneworks. Click on the link in the comments section to read the full feature. Follow CGL Consulting Co., Ltd. for more #insights on how to continue #creatinggreatervalue in 2024 and keep abreast of #China's exciting #talentmarket! #strongertogether

How are Chinese biotech companies attracting top talent overseas? Not long ago, Chinese #biotech companies were heavily invested in enticing Chinese #talent to return to China to drive their R&D centers in the country. However, the stability of assets and the global pandemic's impact have slowed the return of global Chinese talent. Instead, these companies have proactively turned their attention to aggressively expanding overseas to tap into the vast pool of #globaltalent. In this feature, CGL Director Hank Yang, who specializes in recruiting R&D talent, provides valuable insights into how Chinese biotech companies are adapting their #strategies to #attract and #retain top global talent.  According to Yang, this strategic shift is not just about survival, but about thriving in a #globalmarket that is increasingly #competitive and #diverse. CGL Consulting Co., Ltd. strategically expanded its talent services in 2023 to cover major economies across the #Americas, #Europe, and #SoutheastAsia. The company assembled a dedicated virtual overseas team of 40+ highly skilled professionals to better serve the new wave of Chinese enterprises expanding overseas. CGL's overseas search business recorded a year-on-year increase of 20% in 2023, serving 131 enterprises and placing 189 positions.  CGL Group is a comprehensive #talent asset management company that specializes in high-end #executivesearch, #organizationalmanagement #consulting, #investment and #financing services, and #expertneworks. Follow CGL Consulting Co., Ltd. for more #insights on how to continue #creatinggreatervalue in 2024 and keep abreast of #China's exciting #talentmarket! #strongertogether

Chinese #Internet and #tech companies were at one point heavily invested in enticing Chinese talent to return to China to drive their R&D centers in the country. However, the stability of assets and the global pandemic's impact have slowed the influx of global Chinese talent returning to China. In response, these companies have taken a proactive approach by expanding their #businesses #overseas, tapping into the vast pool of #globaltalent resources. How are Chinese Internet and tech companies doing overseas in terms of attracting top talent? Which companies are setting the #bestpractices and what are they doing right? What are the #challenges?  Which #jobs and #roles will be most sought after by Chinese Internet and Tech companies in the next two to three years? What will drive #demand for these types of #talent? In a new series of features, CGL Director Hank Yang, who specializes in recruiting R&D talent, sheds light on these key questions that Chinese tech companies and talent face overseas. Stay tuned! CGL Consulting Co., Ltd. strategically expanded its talent services in 2023 to cover major economies across the #Americas, #Europe, and #SoutheastAsia. The company assembled a dedicated virtual overseas team of 40+ highly skilled professionals to better serve the new wave of Chinese enterprises expanding overseas. CGL's overseas search business recorded a year-on-year increase of 20% in 2023, serving 131 enterprises and placing 189 positions.  CGL Group is a comprehensive #talent asset management company that specializes in high-end #executivesearch, #organizationalmanagement #consulting, #investment and #financing services, and #expertneworks. Follow CGL Consulting Co., Ltd. for more #insights on how to continue #creatinggreatervalue in 2024 and keep abreast of #China's exciting #talentmarket! #strongertogether

China's #NewEnergyVehicles (NEVs) are in a prime position for explosive growth #overseas, fueled by their cost-effectiveness and technological #innovation. NEVs refer to a category of vehicles that's different from traditional internal combustion engine vehicles. NEVs include hybrid electric vehicles, battery electric vehicles (BEVs), and fuel cell electric vehicles (FCEVs). According to data from the 2023 CGL Annual Report on Overseas Business, Germany, Mexico, and Thailand are among the top destinations for Chinese #NEV companies, with recruitment efforts focused on hiring talent in #sales, #marketing, #logistics, localized R&D, #HR, and local support functions. To secure top talent in these markets, CGL Associate Director Wayne Chen outlines three key factors that successful Chinese companies are prioritizing to optimize their #recruitmentstrategy. CGL Consulting Co., Ltd. strategically expanded its talent services in 2023 to cover major economies across the #Americas, #Europe, and #SoutheastAsia. The company assembled a dedicated virtual overseas team of 40+ highly skilled professionals to better serve the new wave of Chinese enterprises expanding overseas. CGL's overseas search business recorded a year-on-year increase of 20% in 2023, serving 131 enterprises and placing 189 positions.  CGL Group is a comprehensive #talent asset management company that specializes in high-end #executivesearch, #organizationalmanagement #consulting, #investment and #financing services, and #expertneworks. Watch this space for a new series on how innovative and trailblazing Chinese NEV companies are growing overseas. Stay tuned and follow CGL Consulting Co., Ltd. for more #insights on how to continue #creatinggreatervalue in 2024 and keep abreast of #China's exciting #talentmarket! #strongertogether

Chinese #Technology, Media, and Telecom (TMT) and advanced technology manufacturing companies are aggressively expanding overseas. While developed regions such as the #US, Europe, and #Japan remain preferred destinations, emerging markets such as Southeast Asia and #India are also gaining prominence. Data from the 2023 CGL Annual Report on Overseas Business shows that overseas #mergers and #acquisitions in the #TMT and #advancedtechnology #manufacturing sectors constituted 45% of China's total overseas transactions. According to Serena Yu, a CGL Partner focused on overseas talent recruitment in the TMT and advanced manufacturing industries, Chinese companies' investments in #Asia make up the largest proportion. Although investments in #LatinAmerica have decreased, it still accounts for 10%. Investments in the U.S. market, on the other hand, remain robust, with advanced technology manufacturing, which is a key focus area of CGL Consulting Co., Ltd., making up 21.1% of #investments. She also added that Chinese companies going overseas are focused on developing and implementing their #localization strategies to build their #international team and seize vast opportunities in the global technology market. CGL Consulting Co., Ltd. strategically expanded its talent services in 2023 to cover major economies across the #Americas, #Europe, and #SoutheastAsia. The company assembled a dedicated virtual overseas team of 40+ highly skilled professionals to better serve the new wave of Chinese enterprises expanding overseas. CGL's overseas search business recorded a year-on-year increase of 20% in 2023, serving 131 enterprises and placing 189 positions.  CGL Group is a comprehensive #talent asset management company that specializes in high-end #executivesearch, #organizationalmanagement #consulting, #investment and #financing services, and #expertneworks. Watch this space for a new series on how innovative and well-financed Chinese TMT and advanced manufacturing and technology manufacturing companies are growing overseas. Stay tuned and follow CGL Consulting Co., Ltd. for more #insights on how to continue #creatinggreatervalue in 2024 and keep abreast of #China's exciting #talentmarket! #strongertogether

The #pharmaceutical industry is undergoing a significant shift from generic #drug sales to #innovative drug incubation. Many global companies, including Chinese companies, are adopting overseas expansion as a key #strategy to harness the opportunities. Data from the 2023 CGL Annual Report on Overseas Business shows a steady increase in overseas #recruitment activity among Chinese #medical and pharmaceutical companies overseas. According to Claudia Teng, a CGL Director focused on overseas recruitment for the medical industry covering strategy, #BD, #investments, and other directions, the shift in R&D focus and the construction of dual R&D centers requires a support #management team. She said the demand is particularly high for top talent in #generalmanagement, especially those with R&D backgrounds, as well as #businessdevelopment, #supply chain, #personnel, and #finance. The industry offers competitive #salaries to attract top talents in these roles because they comprise the core teams that companies need to build as a first step to expansion.  She also noted the growing demand for #sales management talents in high-growth markets like Southeast Asia, South America, and #Africa. Innovative pharmaceutical companies are either authorizing sales authority to local companies or building their own overseas sales teams. In 2023, CGL Consulting Co., Ltd. strategically expanded its talent services to cover major economies across the #Americas, #Europe, and #SoutheastAsia, assembling a dedicated virtual overseas team of 40+ highly skilled professionals to better serve the new wave of Chinese enterprises expanding overseas. CGL's overseas search business recorded a year-on-year increase of 20% in 2023, serving 131 enterprises and placing 189 positions.  CGL Group is a comprehensive #talent asset management company that specializes in high-end #executivesearch, #organizationalmanagement #consulting, #investment and #financing services, and #expertneworks. Watch this space for a new series on how innovative Chinese medical and pharmaceutical companies are growing overseas. Stay tuned and follow CGL Consulting Co., Ltd. for more #insights on how to continue #creatinggreatervalue in 2024 and keep abreast of #China's exciting #talentmarket! #strongertogether

China's new energy vehicle industry is in a prime position to drive significant overseas expansion in the coming years, says CGL Associate Director Wayne Chen, who specializes in recruiting top overseas talent in the #automotive, #newenergy, #manufacturing, and #consumerelectronics industries. The industry's maturity, coupled with its competitive edge in battery manufacturing and vehicle production, offer a cost-effective and technologically advanced alternative in the international market. As the world actively steps up its efforts to reduce carbon emissions, #newenergyvehicles are emerging as a primary choice for promoting #greentravel, setting the stage for China's domestic champions to gain traction #overseas. Data from the 2023 CGL Annual Report on Overseas Business show that #Germany, #Mexico, and #Thailand are the top three destinations for Chinese new energy vehicle companies. The #talentdemand is mainly for experienced professionals in the #sales, #marketing, and #channel side, as well as #logistics, localized #R&D, and local support functions such as #HR, #finance, #law, #IT, among others. However, Chinese companies must pay careful attention to adjusting their #recruitment strategy to attract top talent in these markets, said Chen. In particular, they should be prepared to brace for a potentially extended recruitment cycle, establish their overseas recruitment capacity, and prioritize employer branding. In 2023, CGL Consulting Co., Ltd. strategically expanded its talent services to cover major economies across the #Americas, #Europe, and #SoutheastAsia, assembling a dedicated virtual overseas team of 40+ highly skilled professionals to better serve the new wave of Chinese enterprises expanding overseas. CGL's overseas search business recorded a year-on-year increase of 20% in 2023, serving 131 enterprises and placing 189 positions.  CGL Group is a comprehensive #talent asset management company that specializes in high-end #executivesearch, #organizationalmanagement #consulting, #investment and #financing services, and #expertneworks. Watch this space for a brand-new series on the expansion of Chinese new energy vehicle companies overseas. Stay tuned and follow CGL Consulting Co., Ltd. for more #insights on how to continue #creatinggreatervalue in 2024 and keep abreast of #China's exciting #talentmarket! #strongertogether

Global renewable energy capacity grew by 50% from 2022 to 2023, and is expected to accelerate further over the next five years, according to the International Energy Agency (IEA), an autonomous intergovernmental organization based in Paris that provides policy recommendations, analysis, and data on the global energy sector. The largest growth happened in China, which commissioned as much solar PV (photovoltaic) power in 2023 as the whole world did in 2022. China also saw a 66% increase in #windpower capacity year-on-year. This has spurred incredible growth among Chinese companies in the #renewableenergy sector, particularly in #PVmodules, #solarpanels, and #inverters. However, intensifying #competition and domestic overcapacity at home have also driven many of these companies to look outside and expand #overseas, with Europe emerging as a favored destination. But with new #opportunities come old #challenges, as Chinese companies grapple with the tough task of attracting global talent to join them. According to Lydia Sun, CGL Associate Partner focused on recruiting overseas talent for the energy sector, while the industry's technical barriers to entry are relatively low, top talent from leading energy companies are very meticulous when assessing potential new employers. "They need to have a very clear plan. They need to clearly define the target market that the company plans to focus on because the lack of a clear market positioning often leads to a mismatch between #talent and # demands, which has been a challenge we often encounter in attracting and recruiting key talent," she said. In 2023, CGL Consulting Co., Ltd. strategically expanded its talent services to cover major economies across the #Americas, #Europe, and #SoutheastAsia, assembling a dedicated virtual overseas team of 40+ highly skilled professionals to better serve the new wave of Chinese enterprises expanding overseas. CGL's overseas search business recorded a year-on-year increase of 20% in 2023, serving 131 enterprises and placing 189 positions.  CGL Group is a comprehensive #talent asset management company that specializes in high-end #executivesearch, #organizationalmanagement #consulting, #investment and #financing services, and #expertneworks. Click on the link in the comments section to read the full article (originally in Chinese and auto-translated to English). Stay tuned and follow CGL Consulting Co., Ltd. for more #insights on how to continue #creatinggreatervalue in 2024 and keep abreast of #China's exciting #talentmarket! #strongertogether