To mark the end of Nordic China Law Week 2018 (17 – 23 April), Aalto University and the Finnish China Law Center hosted a half-day seminar on ‘What People Management Practices Work Best in China Today? Cultural and Legal Perspectives’.
The seminar has held on Monday 23 April at the Aalto University School of Business.
The event, held during the 40th anniversary of China’s ‘Reform and Opening Up’ reforms, brought together academics from management and legal backgrounds, as well as Peter Vesterbacka, one of Finland’s leading entrepreneurs and business figures, to provide interdisciplinary insights and explore developments in contemporary people management practices in China.
Presentations and ensuing discussions were had against a backdrop in which China is the second largest country in the world in terms of GDP and in light of ever-increasing entry of Finnish firms into the Chinese market.
A challenge facing Finnish firms, whether it be a smaller startup or larger multinational corporation, is that there are legal and cultural differences between Finland and China. These differences mean that many Finnish people and firms find it challenging to understand what management practices work best in China.
The event highlighted how, as China’s economy continues to grow and diversify, new opportunities and challenges are emerging.
During her presentation on fundamental labour rights and corporate social responsibility in China, Professor Ulla Liukkunen, Director of the Finnish Center of Chinese Law, outlined various legal considerations, including a range of Chinese labor laws based on international standards, that affect how businesses operating in China manage their workforce.
The event concluded with a panel discussion on ‘The Future of People Management in China: Educational, Political, Economic and Legal Considerations’, featuring all the seminar’s presenters.
Following the seminar was reception and networking event, during which Mr Vesterbacka and the other presenters discussed the themes of the event in more detail with participants.
The seminar was one of many events organized during Nordic China Law Week 2018 (17 – 23 April 2018), with others including:
Wednesday 18 April: Latest Developments in Chinese Intellectual Property Law
Wednesday 18 April: How Important is China’s Constitution in the Chinese Legal System?
Thursday 19 April: China Law Research Workshop
Friday 20 April: Nordic China Law Scholars Meeting
Monday 23 April: Information Session on Online Chinese Legal Research