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The Most Innovative Companies in China

By: Anne C. LeeWed Feb 11, 2009 at 3:59 PM

  1. WuXi Pharma-Tech: With demand for its inexpensive scientists rising, the research outsourcer now employs more chemists than Pfizer.
  2. BYD: A background in making batteries helped the automaker put the first plug-in hybrid on the market before the end of the year.
  3. Li & Fung: This secretive middle-man consumer-products business has its prints on just about anything with a "Made in China" label -- and has big plans to expand in London.
  4. Huawei Technologies: With contracts topping $23 billion and design awards for its phones portable broadband devices -- Huawei is storming the telecom world.
  5. ZTE: The telecom giant won awards and acclaim for partnering with Aircell to bring wireless Internet to commercial flights.
  6. Haier: China's largest appliance maker nabbed design awards for its three-door fridge-freezer combo and a detergent-free washing machine, and its management models are B-school case studies at Harvard and elsewhere.
  7. Lenovo: The computer manufacturer's new IdeaPad laptops won top honors at CES, and Lenovo plans to release an Android smartphone -- the first on China Mobile's Open Mobile System.
  8. Alibaba: With a near-40% increase in sales, the e-commerce site steadily built and maintained business with strengthened security.
  9. Baidu: The search giant completed Shanghai's Wireless City Internet Portal -- only to be shadowed by allegations of censorship and search results skewed toward advertisers.
  10. FAW Group (First Automotive Works): Aside from manufacturing Chinese-market cars for Audi, Volkswagen, Mazda, and Toyota, FAW is expanding its own lines, with a hybrid and a high-end SUV.

 

 

 

Topics:

Innovation, Haier, BYD, Lenovo, 2009 Fast 50, Baidu, WuXi Pharma-Tech, ZTE, Li & Fung, Alibaba, Huawei Technologies, FAW Group, China, Huawei Technologies Co. Ltd., Lenovo Group Ltd., FAW Group Corporation, Fast Company Magazine

February 2009

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Recent Comments | 6 Total

March 1, 2009 at 2:08pm by Torain Yang

These would be our target customers, haha

March 1, 2009 at 2:08pm by Torain Yang

These would be our target customers, haha

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This is great!
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September 24, 2009 at 5:55am by Aaron Langston

Nice list. I haven't even heard of several of these companies, thanks for the info.

Chad from Selling Gold | Outdoor Grill | Garden Lights | Bikes | Lighting | Skins

October 20, 2009 at 11:26pm by dd dd

The lesson here is that some of these retailers might be better off sticking to their core concepts instead of pushing ever more demographic-specific options out to the consumer.
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