Huanqiu.com, Hexun.com, Yidian.com: (Wang Zhimin) Chinese companies “cannot just make a handful of money and leave”

(Source: Global.com, Hexun.com, Yidian.com2016-08-1）

The “Belt and Road Initiative” is connected domestically and internationally and is a systematic project. The "w88 online casino Belt, w88 online casino Road" initiative is still mainly focused on the economic field, so it must be market-oriented and enterprises as the main body. How to promote the “w88 online casino Belt, w88 online casino Road” initiative? In the past, it was said that the government set up the stage and enterprises performed the show. How can an enterprise put on a good show?

First, seize the opportunity of strategic alignment between governments and make long-term plans.Our “Belt and Road Initiative” has many docking agreements. As of this year3Approximately several months34Signed agreements with 9319_9366| countries, and also with some regional economic organizations, such as the Eurasian Economic Union led by Russia, and the European Union’s investment plan(Also known as the Juncker Plan), even including the "Three Sea Port Area" of Central and Eastern Europe(16+1Mechanism), the strategic docking is relatively smooth. However, during the docking process, we have also docked many projects. Kyrgyzstan, Poland and other countries have proposed many projects to dock with us. In fact, they ask us to transform their projects. Whether to do it or not, we have to choose based on our advantages. Enterprises must make choices based on their own comparative advantages within this broad framework.We must pay special attention to the fact that Chinese enterprises must have long-term deployment and long-term planning when "going out". They do not just make a lot of money and leave. They must have the courage to become bigger and stronger, and have plans and ideals to become a world-class multinational company. Both large state-owned enterprises and large private enterprises should have this ambition.Some companies now feel a bit like the past generation of migrant workers who came to the city to make money and had to return to the countryside after making money. Sometimes there will be shootings and changing places in order to make money!This situation is difficult for people to accept abroad. It gives the impression that it is plundering resources, and it is difficult to get support from the local government and people.

Professor Wang Zhimin spoke at the expert seminar on opportunities and challenges for enterprises along the “w88 online casino Belt and w88 online casino Road”

The second is to firmly grasp the core issue of international production capacity cooperation.I personally feel that international production capacity cooperation is the core of the “w88 online casino Belt, w88 online casino Road” initiative. China has also undertaken two international production capacity transfers, becoming a major manufacturing country and achieving its status as the "world's factory" today. Now our country's economic development is encountering big problems, and the downward pressure on the economy is relatively high. The economic development of other countries is also facing the impact of weak post-crisis economic recovery. For example, oil-producing countries such as Kazakhstan and Saudi Arabia have much more serious economic development problems than China due to falling prices of oil and other bulk products. However, China-Kazakhstan cooperation is doing very well. When Chinese companies invest in Kazakhstan, they can give full play to the advantages of both parties. It is an energy-based country, and we are a manufacturing-based country. Chinese companies that "go global" directly invest in Kazakhstan and make good use of Kazakhstan's clean energy, such as petroleum gas and natural gas. The energy used in our country is mainly coal, which causes serious pollution. Investing in Kazakhstan can avoid serious pollution.

from2013Year9month7After President Xi Jinping proposed the "Silk Road Economic Belt" in Japan, China and Kazakhstan began to discuss production capacity cooperation.201412159_122132015Year3month27On Japan, China and Kazakhstan signed a memorandum of understanding on strengthening production capacity and investment cooperation, and the two countries signed cooperation on production capacity in steel, nonferrous metals, flat glass, oil refining, hydropower, automobiles, etc.33documents, total amount236$100 million.

I personally believe that the strategic alignment and production capacity cooperation of the “w88 online casino Belt, w88 online casino Road” initiative is to integrate China’s production capacity cooperation into a manufacturing industry chain. The purpose is that China should create an industrial chain layout, enhance China's status and role in the industrial chain through the "w88 online casino Belt, w88 online casino Road" initiative, and then create a new value chain system that is consistent with China's development.

w88 online casino thing that deserves special attention is that China's manufacturing industry is in the middle of the "smile curve", that is, the low-profit segment. Coupled with the problem of overcapacity, there is an urgent need to upgrade the industrial structure. Most of China's manufacturing industries are at the mid-range level, while developed countries are at the high-end level, and developing countries are generally at the low-end level. If China's mid-level production capacity is transferred to general developing countries, it will quickly be converted into productivity. At the same time, it will first solve the local employment problem, which will meet the local market demand, and even increase the exports of these countries, which is very popular with the locals. China also has some high-end production capacity. If high-end production capacity is transferred to relatively backward developing countries, will the local talent, technology, and infrastructure construction be able to adapt? Definitely not.

201414024_14106;The second form of cooperation through this vertical division of labor(Complementary cooperation of high-end production capacity, mid-range production capacity and low-end production capacity)Not only improves China's industrial structure, but also improves the economic structure of developing countries in general. It also opens up markets for developed countries, truly achieving mutual benefit and win-win results. Some people are also worried that when Chinese companies, especially mid- to high-end companies, “go global”, there will be a problem of “industrial hollowing out”. I think companies that “go global” should pay attention to developing the new economy. Now the new economy is a hot word. The new economy is the sum of new industries, new business formats and new trends. The new economy will be the new bright spot and new driving force for China's economic development in the future. "Made in China2025”,Internet+ They are all strategic arrangements for the new economy.

The third is to fully realize the importance of energy and infrastructure construction first.The “w88 online casino Belt, w88 online casino Road” initiative puts infrastructure construction first. This includes two aspects: The fastest-growing Belt and Road Initiative is energy, and China lacks energy, especially oil. In a sense, oil is an energy source. We have found that the power grid is now "going global", and the power grid is moving faster than other industries. There is a "facility connectivity" in the "w88 online casino Belt, w88 online casino Road" five links. In particular, the Asian Infrastructure Investment Bank provides a mechanism guarantee and financing platform for infrastructure construction. Some people say that the busiest people in the Belt and Road Initiative are excavators. The question now is, now that the roads have been repaired and the buildings have been built, what should we do?

This is something to pay special attention to. It is not only a matter of making money, but also a long-term issue involving the upgrading of China's economic structure and the long-term development of Chinese enterprises.Chinese enterprises' "going out" is not limited to building roads and building buildings. This is only basic work. After completing the basic work, it is time to develop their ambitions. Chinese companies have a lot of investment in Kazakhstan, but there are no car manufacturing plants. However, Japan has established a car manufacturing plant in Kazakhstan. There is a data that illustrates the problem. According to World Bank data,2014Year, ChinaGNI(Gross national income, including national profits and losses from international economic activities)ANDGDPThe ratio is97%, while Japan is116%.

The fourth is point-to-point cooperation, the main form of enterprise participation in the “w88 online casino Belt, w88 online casino Road” initiative.Peer-to-peer cooperation is the main form of enterprise participation in the “w88 online casino Belt, w88 online casino Road” initiative. When enterprises invest overseas, opportunities and risks coexist. Especially for companies that are “going global” for the first time, they do not understand the local laws and humanistic environment, and they lack experience in dealing with them. If "going global" companies directly settle in industrial parks and adopt point-to-point cooperation, risks can be minimized.

The India-China Industrial Park is a large-scale comprehensive industrial park initiated by President Xi Jinping and announced in the "Joint Statement of China and India". There are two models for establishing industrial parks. w88 online casino is to establish Chinese industrial parks, and the other is to cooperate with other countries to establish industrial parks. I think the second form is better. We can cooperate with each other, learn from each other, and share risks. If there is a problem, the consular departments of various countries can negotiate together, which is safer. The India-China Industrial Park is a large-scale comprehensive industrial park initiated by President Xi Jinping and announced in the "Joint Statement of China and India". Article 6 of the Joint Statement states:China announced the establishment of two industrial parks in the Indian states of Gujarat and Maharashtra. Today, China has established industrial parks in most countries along the Belt and Road.Practice has proven that establishing industrial parks is the most effective form for Chinese enterprises to “go global”.

Fifth, when enterprises "go out", they must "gather together to go overseas" and join hands to make progress together. Judging from years of practice, vicious competition among Chinese companies is very serious, and it is commonplace to undermine each other. I think w88 online casino is to impose corresponding penalties on some companies because this is unfair competition, but to provide corresponding measures to encourage cooperation between companies.State-owned enterprises, especially central enterprises, are the main force in the "going out" of enterprises. This is a Chinese characteristic. At the same time, because the projects linked to the "Belt and Road" strategy are mostly large-scale projects in infrastructure construction and production capacity cooperation, the state mainly provides financing support to state-owned enterprises. State-owned enterprises have advantages and disadvantages. On the w88 online casino hand, state-owned enterprises can subcontract some projects to private enterprises to improve efficiency. At the same time, private enterprises have experienced and grown through this form of "going out". On the other hand, private enterprises should give full play to their flexible mechanisms and advantages in adapting to the market economy, develop characteristic industries according to local conditions, and meet local market needs.

Take Pengsheng Industrial Park in Syr Darya Prefecture in Uzbekistan as an example. Although Uzbekistan has a rich labor force, its industrial production capacity is relatively weak. Pengsheng Industrial Park produces ceramic tiles, faucets, mobile phones, leather, shoes...all common products in our daily lives. The industrial park has been created for the local area1300Multiple jobs available in the state20%'s taxes.

The way a business is run is to maximize profits. Give another example: Himalayan Airlines, a joint venture established by China Tibet Airlines Co., Ltd. and Nepal Snowman Global Investment Company(Xihang). The tourism seasons in Nepal and Tibet are exactly opposite. Nepal’s winter is the peak tourism season, while Tibet’s summer is the peak tourism season. Taking advantage of the seasonal differences, Tibet Airlines can allocate aircraft to different locations and give full play to economic benefits.

Finally, I want to emphasize w88 online casino point,It is to deal with the issue of "internationalization of enterprises" or "international enterprises". I think Chinese companies should downplay the concept of "China". Toyota never says it is Toyota of Japan. Huawei is also doing very well. In foreign countries, we just talk about Huawei. If we don’t talk about China’s Huawei, we can talk about India’s Huawei, Huawei India, and Denmark’s Huawei.

I think Chinese companies must downplay the word "China" when going abroad, but they must reflect Chinese culture. Culture embodies moisturizing things silently. In fact, everyone is willing to accept China’s excellent culture. Chinese culture is the direction of future world cultural development. It is not ostentatious and at the same time influences others with good things through "words and words" and other forms. Now the "w88 online casino Belt, w88 online casino Road" initiative has put forward some good concepts, including the sixteen words of the Silk Road Spirit and so on.

(Compiled based on the author’s speech at the “Seminar on Opportunities and Challenges of Enterprises along the Belt and Road”)

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Hexun.com web page link:

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Yidian Information Network web link:

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