China Moves Closer to Global Brands Chinese companies represent 19% of the global Fortune 500 but 0% of the

Interbrand Top 100 global brands. Business leaders see that changing soon. Shanghai, China, April 30, 2014 -- Chinas business leaders expect domestic brands to become a force in global markets within the next 5-10 years. This was the result of a recent sur ey of C!"s conducted here by Cornerstone #nternational $roup% a global leader in retained executi e search. !xecuti es were polled during a conference on branding attended by leaders from &ortune 500 companies and multinationals. '(espondents characteri)e existing global brands as being in a stable state on the world market%* explains +ames ,g% -anaging .artner of the Cornerstone C!" Committee ser ices group. '/ut they see local brands in a strong growth mode. The ma0ority belie e China-based global brands will emerge within the next 5 to 10 years* To read more about Cornerstone in 1sia http233www.pressreleasepoint.com3twe.to3ygca. Chinas exceptional economic growth o er the past three decades has made it the top exporting nation and produced some of the worlds largest companies. 4owe er% although they represent 156 of the global &ortune 500% no Chinese enterprises ha e yet made the #nterbrand Top 100 global brands. #n the course of the conference% the participating C!"s identified fi e domestic companies which they expected would become top global brands within the next fi e years. 4uawei 7 o ertook !ricsson in 8018 as the worlds largest telecom e9uipment maker. :ales of ;<=.>/n. :trong global presence ser icing ?5 of the worlds 50 top telecoms. 4aier 7 one of worlds biggest makers of consumer electronics and appliances and largest refrigerator producer. :ales of ;85.5/n and >.=6 share of global white goods market @8011A 1libaba 7 !-commerce and internet company with online sales from its two top portals in excess of ;1>0/n% greater than !bay and 1ma)on combined. Beno o 7 multinational tech company and worlds largest .C producer. :trong global presence with operations in C0 countries and sales in 1C0 and sales of ;<<.5/n Tencent 7 5th largest internet company with sales of ;5.>/n and market alue of ;150/n on 4ong Dong stock exchange

'These are ery powerful brands that ha e been built organically%* says ,g. 'The consensus is that we will see more ac9uisition of foreign brands and that the global brand growth will come from both strategies combined.* About Cornerstone International Group Cornerstone #nternational $roup is a world leading organi)ation of retained executi e search and recruiting specialists. -embers are e9uity owners of their firms who share business and best practices% gi ing clients reliable and personal access to highly 9ualified ser ice both locally and in o er >0 locations around the world. Cornerstone maintains head offices in :hanghai% China and in 1tlanta% E:1 and is a member of the 1ssociation of !xecuti e :earch Consultants @1!:CA% the official body representing retained executi e search consulting firms worldwide. Cornerstone has offices in China in /ei0ing% Chengdu% $uang)hou% 4ong Dong% :hanghai and Fuhan. To learn more about Cornerstone #nternational $roup in 1sia% isit http233www.cornerstone-group.com

Conta!t +ames ,g Cornerstone International Group C00=3C&% ,o el /ldg ==> 4uai 4ai Ghong (oad :hanghai% China =C 81 - C?>? >0C? chris-allanHcornerstone-group.com http233www.cornerstone-group.com