Section outline


  • With the increasing number of vaccinated people and the Delta variant of COVID-19 virus under good control in China, business in China seems to have been returned to normal state, although many market factors have been changing significantly which may have impact on our business in the coming decades: 

    Digitalization is not a future vision of a few consultants any more. It becomes well accepted mainstream topic and increasingly implemented daily practice. It is changing our way of doing business, our way of working and even our way of living.

    Domestic and international supply chain have experienced significant disturbances during the pandemic, which negative impact many export- or import-oriented companies are still suffering from at the moment. Rethinking footprint strategy for product or service delivery has become a necessity, and reconfiguration of value chain may not only be a short-term tactic move but a part of a long-term strategy.   

    Short-term imbalance between demand and supply caused by logistic problems as well as the permissive monetary policy of many governments around the world lead to price inflation in many markets, from raw material and property to critical components or even services. Even if companies might be able to forward at least a part of the inflation on the purchasing side to their customers, protecting margin and profit through improved cost control in production and non-production areas has become higher priority for management.

    China in 2021 is also not be the same country five or even two years ago. Geopolitical tension has been increasing continuously, while domestic economic and social policy are changing fast too. This increases uncertainty. Especially demographic development of the country may cause concern of many business leaders: Shortage of qualified labor is not only a short-term headache but may become a long-term problem. Employees, regardless blue or white color, are definitely not cost factors but have to be seen as most important assets of business for future growth and innovation. 

    "Controlling & Controller in Post-Pandemic Era" is the leading motto of the 9th Sino-German Controlling Forum, which will take place in Suzhou on October 22nd, 2021. As a platform of information, communication, and experience sharing among both financial & non-financial executives and controlling professionals, the forum offers opportunities for all participants to exchange viewpoints and experiences with old and new friends. Besides interesting keynote speeches by representatives of the German and European business community in China and by the International Association of Controllers in Germany, participants of this year's forum can join discussion about relevant topics and trends related to business-steering and -controlling in 6 breakout-workshops.

    We would like to welcome everyone interested in future-oriented controlling and business practice in China to join the largest annual controlling event of Sino-German and Sino-European business community in China. Don't miss the opportunity to exchange your viewpoints and experience with old and new friends in Suzhou on October 22nd, 2020! We are awaiting your attendance!