CAMBRIDGE, Mass.--(BUSINESS WIRE)--The China Enterprise Confederation has selected Monitor Group as one of Top 100 multinational corporations contributing to the economic development of China in 2009. This follows the selection of Monitor in 2008 as one of the Top 60 multinational corporations that have made the greatest contributions to China in the 30 years since the country instituted economic reforms.

“For nearly 20 years, Monitor has supported innovation in business, government and Chinese society and this award for 2009 along with the one in 2008, recognizes the positive contribution Monitor colleagues in China, with support from our global network, have made to the economy and the country,” said Ed Hotard, Chairman of Monitor Group in China. “This award is particularly gratifying because it highlights our Monitor China colleagues’ commitment to China’s economic and sustainable development, thereby improving the standard of living for all Chinese citizens.”

Monitor was chosen from more than 1,500 companies in a process that included evaluations by 25 experts and voting by Chinese business and government leaders, as well as readers of China Enterprise News, Sina.com and Xinhua.com.

Monitor was honored in Beijing on January 15, at an event hosted by the China Enterprise Confederation and China Enterprise Directors Association (CEC) led by Mr. Wang Zhongyu, Chairman of CEC and former State Councillor and Secretary of the State Council. The event“The Growth and Contribution of Multinational Companies in China” recognized honorees, “ for outstanding contribution to development of China’s economy, driving industry competitiveness and performance, and the improvement of working and living standards, and environmental sustainability.”

About Monitor Group’s Work in China

Monitor Group has been an active participant in China’s economy since 1993. The firm has worked within the Chinese commercial and government sectors, as well assisting multinational corporations to enter the Chinese market. Monitor, which has offices in Beijing, Shanghai and Hong Kong, has performed successful projects in China in the pharmaceutical, consumer products and services, aviation, raw materials, chemicals, heavy industrial, mining and metals, real estate, automotive and telecommunication industries. The firm has carried out engagements across major industries, addressing business, regional and national issues that have been driving China's dramatic economic growth for the past three decades. In addition, Monitor has worked with government entities seeking to enhance competitiveness, entrepreneurship, innovation, environmental sustainability, and economic development in the country.

“Monitor brings a critical balance of global reach and China-focused expertise to help clients achieve success in this increasingly competitive marketplace,” said Thierry Delmarcelle, President of Monitor Group China. “Because of our close relationships with clients in China, we continue to deepen our knowledge of this dynamic market, which in turn helps us create even greater value for our clients.”

Monitor Group works with the world’s leading corporations, governments and social sector organizations to drive growth on the issues that are most important to them. The firm offers a range of services—advisory, capability-building and capital services—designed to unlock the challenges of achieving sustained growth. Founded in 1983 by six entrepreneurs, including Harvard Business School Professor Michael Porter and Monitor’s current Chairman Mark Fuller, Monitor brings leading edge ideas, approaches and methods to bear on clients’ toughest problems and biggest opportunities. Headquartered in Cambridge, Massachusetts, the firm employs more than 1,500 people in 22 countries worldwide. For more information, visit www.monitor.com.