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Fifty-one billion dollars in three years! How is this countrys major strategy being pushed forward now?

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Fifty-one billion dollars in three years! How is this countrys major strategy being pushed forward now?

Date of release:2018-12-07 Author: Click:

At the Hangzhou summit of leaders of the group of twenty, the "one belt and one road" construction was heated by all participating countries. The political leaders of Russia, Australia, Italy, Turkey, Singapore, Laos and Saudi Arabia have expressed strong desire for docking and cooperation

In the past 3 years since the "one belt and one way" initiative was launched, China has signed a cooperation agreement with more than 30 countries along the "one belt and one road". It has launched international capacity cooperation with more than 20 countries, and a number of influential landmark projects have gradually landed. According to statistics from Ministry of Commerce, China has invested 51 billion 100 million US dollars in the related countries of "one belt and one road", accounting for 12% of the total foreign direct investment in the same period.

Xu Zhaoyuan, a researcher at the Ministry of industry development research center of the State Council, said that under the background of slowing global economic growth, investment in China's areas along with ASEAN and Central Asia has maintained a relatively high level and a relatively fast growth rate. This shows that the "one belt and one road" initiative has played a leading role in enterprises in various fields. It has not only realized the benefits sharing between China and the countries along the line, but also greatly promoted the countries along the line. The degree of opening to the outside world of the region.

Achieving win-win results

The construction of "one belt and one road" has become an opportunity for Chinese enterprises to explore the international market.

From the perspective of market participants, in recent years, the growth of private enterprises' foreign investment in China has been increasing rapidly, and state-owned enterprises have a relatively higher proportion in the countries and regions along the "one belt and one road" because of their strong funds, resources gathering and excellent technology.

The export of high-end transport equipment represented by high-speed rail has become a sample for Chinese enterprises to go out. Over the past three years, China's high-speed rail enterprises have successfully entered the Russian and Southeast Asian markets, and actively contacted with the Central and Eastern Europe, the Middle East and other regions. In the first half of this year, the company signed 14.88 billion yuan of new orders overseas, an increase of 126% compared with the same period last year, according to the semi-annual report of China National Automobile Corporation. In addition to obtaining orders from Kenya, Thailand, India and Pakistan and other traditional markets, Chinese car products have also successfully entered the markets of developed countries such as Europe and the United States.

In addition, the power companies rely on core technologies and powerful resource integration capabilities to gradually enhance their international influence along the "one belt and one road". At present, China's power grid enterprises have invested and operated in Philippines, Singapore, Indonesia, Vietnam, Cambodia and other countries. The investment fields include thermal power, hydropower, wind power, nuclear power, power transmission and transformation, etc. Haier, Gree, the United States and other large Chinese household appliances enterprises in Bangladesh, Thailand, Indonesia, Vietnam, Malaysia, the Philippines and other Southeast Asian countries to invest in the construction of factories, products not only meet local consumer demand, but also continue to radiate to the surrounding countries. Conch group, Guangdong Keda group and Shuangyashan Dongfang wall material group and other Chinese building materials enterprises, through providing one-stop service and complete engineering contract of complete sets of equipment, have built many modern and competitive chemical and cement factories along the "one belt and one road".

"The investment form of Chinese enterprises along the" one belt and one road "is becoming more diversified, more complex and more diversified. Yang Yuexin, a project consultant and researcher at the International Cooperation Center of the National Development and Reform Commission, said that a remarkable feature is that the investment mode has shifted from the single direct investment and project contracting to the whole industry chain and the whole value chain, and the construction momentum of overseas industrial parks is good.


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