Li Jingjing, vice president of Sany Heavy Industry, talked about international capacity cooperation: it will accelerate the pace of globalization of Sany

On September 9, the special forum on "International Capacity Cooperation under the New Normal" was held during the 2015 Xiamen International Fair for Investment and Trade (hereinafter referred to as "CIFIT"). Li Jingjing, vice president of Sany Heavy Industry, was invited to attend the meeting and had a heated discussion on this topic with representatives of the government and academic guests. Li Jingjing said that the Belt and Road strategy and international production capacity cooperation, one is the road map and the other is the way to take this road, these two opportunities are the new spring of Sany, which will further accelerate the pace of globalization of Sany.

At the meeting, the Minister of Foreign Trade of Costa Rica, Alexandre Mora, and the Minister of Trade and Industry of Ghana, Ekouvu Spieo Gabra, delivered keynote speeches. Fang Wei, Commissioner of the Office of the Commissioner of the Ministry of Commerce of the People's Republic of China in Chengdu, and Zhao Zhongxiu, Vice President of the University of International Business and Economics, shared their views.

At the end of the 90s of last century, China officially launched the "going out" strategy. At that time, most enterprises were spontaneously and sporadically "going out". With the introduction of a series of national strategies such as "Made in China 2025", "The Belt and Road" and "International Capacity Cooperation", Chinese enterprises have ushered in a rare historical opportunity to "go global", and have also entered a better time point and begun to enter the 2.0 era.

Fang Wei said that the development of international production capacity cooperation is an important strategic measure for China to take the initiative to adapt to the new normal, and it is also an inevitable choice for Chinese enterprises to actively adapt to the changing trend of economic globalization, participate in the international industrial division of labor, and control two markets and two resources.

However, "going out" is not a slogan, where are the main markets and opportunities for international capacity cooperation? How to let more Chinese capital go out and go further and better has become the focus of the forum.

In the process of Chinese enterprises "going global", Sany has acted as a vanguard. Li Jingjing introduced the relevant situation of Sany internationalization on the spot. Li Jingjing said that in the first half of this year, Sany Heavy Industry's overseas sales accounted for 42% of total sales, while this data was 32% last year, and the international market has huge room for development. In addition to construction machinery products, Sany will also create an international business support point through residential industrialization projects, smart ports, new energy technologies, and intelligent oilfield exploitation projects.

The specific approach of Sany "going global" is to help the host country achieve localized manufacturing and operation, and maintain the potential of the project for technological upgrading, which is the key to its success overseas. Taking Sany's development in India as an example, Indian Prime Minister Moody's said in a meeting with Liang Wengen, chairman of Sany, that he hoped to get Sany's help to accelerate the realization of "Made in India". In 2006, Sany established an industrial park in Pune, India, and now has 90% of the total number of employees in India. In addition, following market rules and international practices is also one of the reasons why Sany is at the forefront of internationalization. At the same time, Li Jingjing also said that the challenge of enterprise internationalization*5655 is still in talents, and it is also necessary to practice internal skills and cultivate talents with solid professionalism and international vision. In this way, under the premise of respect, you can quickly integrate into the local cultural environment.

In the face of the bottlenecks and difficulties faced by Chinese enterprises going global, Zhao Zhongxiu, an associate professor at the University of International Business and Economics, said that effectively going out is a "four-step process". After Chinese enterprises go global, they will face how to integrate into the host country and "go in", as well as take root in the local area to make a profit and "go down", or even "go up"* to achieve commercial success.

At present, China is the world's second largest economy, *5,656 largest commodity trading country, *5,656 largest foreign exchange reserves, third largest foreign investment country, and has become a *5,655 trading partner of nearly 130 countries. International production capacity cooperation will undoubtedly win more markets and partners for Chinese enterprises in the world.