Practice and Exploration of the Internationalization of Chinese Corporations in the New Era: Studies Based on the Case of HBIS Group as a New Latecomer Firm

This paper takes the internationalization practice of HBIS Group as a case study sample, and analyzes its three development stages, namely the prelude stage, the layout stage, and the deepening stage. In-depth analysis of this case study sample helps us to enhance the understanding of three theoretical issues closely related to the internationalization of Chinese corporations in the New Era: Firstly, how do corporations seek development in the uncertain global environment? Secondly, how do the new latecomer firms like HBIS Group, build international competitive advantages? Thirdly, what can Chinese multinational corporations contribute to the world? This article show that HBIS Group has seized the opportunity of the times, bravely explored and opened up a new path for internationalization of Chinese corporations, and is striving to contribute their management wisdom to the global development.