Take Advantage Of The “Belt And Road Initiative” And Take The Road To “Going Overseas”
2023 marks the tenth anniversary of the joint construction of the “Belt and Road” initiative. In the past ten years, the "Belt and Road" construction has grown from scratch, connecting dots into lines, and from lines to areas. It has not only effectively promoted global interconnection, but also injected important impetus into the recovery and development of the world economy.
Under the new opportunities brought by economic globalization and the “Belt and Road” construction, Chinese companies have joined the wave of exploring ways to “go overseas”. From state-owned enterprises to private enterprises, from infrastructure and foreign trade projects to manufacturing, service industries, and high-end technology enterprises, the pace of "going out" of Chinese enterprises is accelerating.
How to make good use of the new opportunities of the “Belt and Road” and take the road of “going overseas” under the new situation has become a must-answer question for companies “going overseas”.
Create new increments in technological innovation. In the world economy, China has been labeled the "world's factory". However, with the development of my country's economy and society and the improvement of comprehensive national strength, China, which is moving from "manufacturing" to "intelligent manufacturing", is constantly providing the world with products and services of better quality and higher intellectual content. Some experts said that China's exports have been at the bottom of the "smile curve" for a long time, but this path cannot be taken now, and high-quality development will inevitably require industrial transformation. The key for Chinese enterprises to enhance their international competitiveness is to strive to move upstream in the global value chain.
The automobile industry is one of the most globalized industries, with strong upstream and downstream driving capabilities in the industrial chain. As a state-owned enterprise and an industry leader, China FAW, the eldest son of the Republic, has studied to benchmark against world-class standards in recent years, and has continuously promoted technology research and development innovation. It has successively broken through 494 key core technologies such as efficient high-speed electric drive, intelligent wire-controlled chassis, and L3 intelligent driving. The "family wealth" of key core technologies is getting stronger and stronger. Empowered by technology, FAW's overseas business currently covers more than 50 countries and regions co-constructing the "Belt and Road", and has set up R&D centers in Munich and other places, striving to polish China's business card on the world automotive stage.
CRRC continues to improve its technological innovation system, continuously improve its technological innovation capabilities, and has established a world-leading technology platform and manufacturing base for rail transit products, becoming a rail transit equipment supplier with leading scale, complete varieties, and first-class technology in the world.
Only with strong national strategic scientific and technological strength can we stabilize our position in the increasingly fierce competition in scientific and technological innovation, fight a protracted battle, and form a steady stream of endogenous and systemic innovation forces.
"Going overseas as a team" achieves mutual benefit and win-win results. At present, the world economic growth is sluggish and external demand continues to be sluggish. my country's foreign trade exports are facing many challenges. From the government's "organizing groups to go overseas" to enterprises' initiative to "go global", all parties are moving forward step by step under pressure, and are taking "practical measures" at multiple points to expand the market. "Gathering together to go overseas" will form a situation in which central enterprises take the lead and private enterprises join forces to divide labor in the industrial chain. This will greatly improve the ability to resist risks, and at the same time, it can also avoid vicious competition and achieve a win-win situation.
Overseas economic and trade cooperation zones are an important platform for Chinese enterprises to participate in the “Belt and Road” construction, build a new open economic system, promote Chinese enterprises to “gather overseas” and promote production capacity cooperation. Today, my country's first overseas economic and trade cooperation zone in Africa, the Zambia-China Economic and Trade Cooperation Zone, has attracted nearly a hundred companies to settle in, with an investment of more than 2.5 billion US dollars, creating more than 10,000 local jobs, and continuously promoting The economic and trade cooperation between the two sides has reached a new level. Here, more than 10 central enterprises in my country, including China Nonferrous Metals Corporation, have carried out fruitful cooperation with Zambian enterprises in the fields of mining, transportation, electricity and other fields, and have created a number of major cooperation projects.
The strong advantages of integrated service capabilities across the entire industry chain have enabled central enterprises in large countries to become the main force in firmly implementing the national strategy of "going global", actively responding to the "Belt and Road" initiative, and driving the output of China's production capacity and downstream industries. A cruise terminal is built on the Panama Canal, the "throat of the world", a cross-sea bridge is built on the coral reef, and the "Century Railway" is built on the East African grassland... In the past ten years, China's bridge-building "dream team" headquartered in Wuhan, Hubei, CCCC Second Harbor Engineering Co., Ltd. We continue to deeply explore overseas markets, and with strong scientific and technological research and development capabilities and a complete integrated investment and operation management and control system, we have undertaken a total of 132 projects in countries and regions co-constructed by the “Belt and Road”, with footprints covering 4 continents including Asia, Europe, Africa and South America. , the project types cover the upstream and downstream of the industrial chain such as engineering contracting, design and construction, and international logistics, leading more than 100 companies in the upstream and downstream of the supply chain to "go to sea by ship", achieving an average annual product export of approximately 50 million yuan.