NEW YORK, Nov. 5, 2015 /PRNewswire/-- Directory publisher China's Transformative Companies is building an interactive database of enterprises both inside and outside of China who can reliably and capably serve that country's huge and largely untapped consumer base, and which will do so in a way that respects the planet's need for sustainability. "We're compiling the world's largest listing of responsible, forward-thinking China-serving companies," says Amy Chang, the group's Director of Communications.
China has achieved its vast economic success in recent decades mostly through manufacturing and exports. Now, the country seeks to broaden its economic base by creating a thriving consumer market.
Jack Ma, Chairman of the Alibaba Group, has pointed out that the Chinese middle class is already larger than the entire population of the United States. Serving this huge market will be the focus of many enterprises in the coming years. Those who do so responsibly can be members of the CTC directory.
Despite the name, China's Transformative Companies also includes in their database firms based largely outside China. The main requirement is that they can capably serve Chinese consumers while observing local and international standards of conduct.
"We want to allow suppliers, buyers, executives, and consumers to have easy access to a thoroughly vetted directory of responsible players in the Chinese market," says Chang.
In addition to respecting Chinese cultural and business practices, members must behave in an environmentally responsible way, hewing to the UN's 2030 Sustainability goals, which support a healthy planet.
The first part of the list being compiled now is subsection AA. This includes firms who typically have a Gold Supplier account on Alibaba, feature that company's Trade Assurance, and sell products which maintain at least a 4 star rating on Amazon.com.
The Directory is in the Beta stage now, and is expected to roll out in January.
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SOURCE China's Transformative Companies