This award will go to a Singapore company/organisation or a Chinese company/organisation registered in Singapore which has best demonstrated exceptional drive and vision as well as enjoyed substantial growth in its business in China or Singapore, respectively.
The nominees for Business China Enterprise Award are assessed in four key areas:
- Financial Performance
- Contribution to Singapore-China relations
- Company/Organisation Management
1. Financial Performance
The Singapore or China company/organisation must have an outstanding and sustained growth in profit and sales in its business in China or Singapore, respectively.
2. Contribution to Singapore-China relations
The company must have made a major contribution to Singapore-China relations.
The company/organisation will be assessed on the success of its product innovation. The focus will be on the company’s/organisations penetration of the China market, drawing on enterprise and expertise of its Singapore base. For China companies/organisations in Singapore, the focus will be on the company’s/organsation’s operations in Singapore.
4. Company/Organisation Management
The company/organisation must display an effective management style and have a viable organisational structure. The company must have a track record of establishing and maintaining harmonious relations within the organisation and set examples for the industry it is in.