Finance and Economics National Weekly: New Thinking of International Capacity Cooperation: Sany Participates in the "Combination of Punches"

At present, China and other economies are facing the challenges of transformation and development, and strengthening cooperation is the only way to achieve innovation, transformation and development under the new normal. In the past 30 years of development, China's high-quality production capacity has the strong strength to go abroad and go global. The accelerated adjustment of the global industrial structure, the new wave of infrastructure construction, and the process of industrialization and urbanization are being vigorously promoted by developing countries have provided unprecedented opportunities for international production capacity cooperation.

"The Belt and Road Initiative and international production capacity cooperation, the former is our roadmap, and the latter is the method and content of our approach." Li Jingjing, vice president of Sany Heavy Industry, said in an interview with the reporter of "Financial National Weekly", "For Sany Heavy Industry, it is not the government that wants us to go out, but we are at a stage where we must go out." To this end, Sany Group has set up a "Belt and Road" strategic group composed of 8 core decision-making members.

More and more enterprises, like Sany Heavy Industry, are thinking about how to seize the opportunities brought by international capacity cooperation. Which industries in China have the strength and conditions to go global? Which companies will be the first to become the vanguard of "going global"? What kind of sparks will be generated by international production capacity cooperation? These are all important issues facing the promotion of international production capacity cooperation.

The principle of capacity cooperation

In May this year, the State Council issued the "Guiding Opinions on Promoting International Cooperation in Production Capacity and Equipment Manufacturing", proposing to take steel, nonferrous metals, building materials, railways, electric power, chemicals, textiles, automobiles, communications, construction machinery, aerospace, shipbuilding and marine engineering as key industries, which will be implemented in a classified manner and promoted in an orderly manner.

"These industries are summarized in five aspects: mature technology; Based on the market effect of China's home country, the operation is stable; The industrial system adapts to the market and is marketable; The technology and production methods are in line with environmental and social standards. Zhao Zhongxiu, vice president of the University of International Business and Economics, said in an interview with the reporter of the "Financial National Weekly", "We can cooperate and promote such an industrial development model to other countries, and give full play to China's collective advantages to form comprehensive competitiveness." ”

From an exporter of goods and services to the export of foreign capital and international production capacity cooperation, China's economic development will inevitably go through a historical stage from the low-end to the high-end. No matter what kind of participation in international production capacity cooperation, it is not a simple transfer of production capacity, but puts forward higher requirements for the competitive advantage of the industry.

Song Li, director of the Economic Research Institute of the National Development and Reform Commission, said: "In the international production capacity cooperation, we also export the most competitive production capacity to foreign countries. If the so-called backward production capacity is exported, the enterprise lacks market competitiveness when it arrives in the local area, which is tantamount to 'shooting itself in the foot'. ”

Among the above 12 industries, Fang Wei, commissioner of the Ministry of Commerce, took the rail transit industry as an example and introduced its comparative advantages to the reporter of the "Financial National Weekly".

"China rail transit has the advantage of industrial integration of the whole industry chain, from the exploration and design of rail transit to investment and financing schemes, construction and even later operation and management, a full range of railway products can be provided." Fang Wei said, "According to industry insiders, this is a full coverage and diversification, which can not only provide a package of railway products from highway engineering, communication signals to electric traction, rolling stock, but also establish processing, production and manufacturing bases in the host country." ”

"At the same time, it can also speed up the railway at ordinary speed, and it is low-cost, high-quality, and short-term." Fang Wei introduced that whether it is the Nigerian coastal railway project, the Hungarian-Serbian railway, the Ethiopia-Djibouti railway, the China-Latin America railway, the China-Thailand railway, etc., all rail transit projects in the world are currently tracked by Chinese enterprises.

Huddle "Combination Punch"

At the summer Davos Forum, Xu Shaoshi, director of the National Development and Reform Commission, revealed that the Chinese government is deploying a number of major projects and parks, and has preliminarily delineated 15 countries with strong willingness and good basic conditions for cooperation to carry out production capacity cooperation.

In international cooperation, China's superior production capacity is not simply to copy equipment and technology, but should consider how to combine the characteristics of industrial exporting countries, industrial characteristics, and industrial undertaking countries, *5655 leveraged resources, and achieved cooperation.

"Some capacity cooperation projects have huge investment and long cooperation cycles, while some cooperative countries are not solvent, which increases the difficulty of the international production capacity cooperation model." A person in charge of the Ministry of Commerce's outbound investment planning, who did not want to be named, told reporters, "We are planning cooperation with a friendly country, which lacks financial support but has relatively rich resources." So we participated in the design of the railway, built the thermal power plant, and sold the electricity to neighboring countries to help them repay the railway investment. At the same time, we also sent technical personnel to support the iron ore resources around the railway to help them repay their investments. ”

On the one hand, it is necessary to promote the whole industrial chain, elongate the industrial chain, extend the value chain, and strengthen cooperation between enterprises and governments, enterprises and enterprises at all levels, and form an upstream and downstream industrial chain 'group development'. On the other hand, it is necessary to promote multiple industries as a whole, for example, the leading industries along the railway can carry out the construction of supporting industrial parks and integrate follow-up services. Fang Wei said.

"In the past, we did not have a very close connection with enterprises in the industrial chain and value chain, and international production capacity cooperation made us realize that we need to be a consortium and a group." Li Jingjing said that in August this year, Liang Wengen, chairman of Sany Group, went with a delegation of upstream and downstream enterprises in the industrial chain to discuss cooperation.

In the interview, Liang Yanfeng, general manager of COSCO Shipping Group, introduced some cases of international production capacity cooperation to the reporter of Financial National Weekly. In order to seize the opportunity of capacity cooperation, COSCO Shipping took the initiative to strengthen ties with financial institutions such as the Export-Import Bank of China, "Our cooperation project with Brazil is very suitable for the financing conditions of the Export-Import Bank of China's 'China localization ratio', and once reached, it will further promote our cooperation projects in Brazil." ”

Therefore, COSCO Shipping actively carried out interactive visits, assisted in the on-site inspection and research of the Export-Import Bank, and finally reached a production capacity cooperation. "Brazil has implemented a policy of localization ratio for the construction of offshore equipment used in Brazil, and COSCO Shipping has gradually expanded to the scope of project subcontracting cooperation by providing construction technical consulting and consulting services, which has also laid the foundation for this cooperation." Liang Yanfeng said.

"Large state-owned enterprises have more advantages in resources and projects, and private enterprises are easier to avoid misunderstandings in international production capacity cooperation. Li Jingjing said.

Cooperation and win-win

"Cooperation and win-win" has always been the principle emphasized by China in promoting international production capacity cooperation. Whether it is the combination with developed countries or the cooperation with developing countries, China adheres to joint consultation, joint construction and shared benefits, and fully considers the needs of the other country in production capacity cooperation and the core concerns of the other party.

Premier Li Keqiang has emphasized in many speeches: "Carrying out international production capacity cooperation is a win-win situation for all parties, which has been responded to by more and more developed and developing countries, and China is willing to play a role as a bridge and link between the past and the next." ”

"To promote international production capacity cooperation, the focus is on cooperation, and the projects we participate in winning the bid are all investment consortiums formed with the enterprises in the host country, and the probability of success is high if local enterprises join." Fang Wei said, "To occupy the space of the exporting country and use its market, we must respect each other and share benefits." ”

"Carrying out international cooperation in production capacity will help promote the free flow of resources, market integration and extensive sharing of results, and is an effective way to change the current situation of unbalanced world economic development and unfair resource allocation." Foreign Minister Wang Yi said in a previous interview with the media, "For underdeveloped countries, we are also willing to actively help them transform their advantages in natural resources and labor into the ability to develop independently, according to their specific characteristics and development potential." ”

Fang Wei introduced that the Qingshan Park of the China-Indonesia Economic and Trade Cooperation Zone provides an exemplary case. Indonesia has a complete range of mineral resources and rich reserves, and laterite nickel ore is exported to the world*5656, while China's nickel resources are in short supply, so the two sides have reached a cooperation on this. In the construction of the project, the Chinese side has always paid attention to maintaining a harmonious local production and living environment. "Immediately after mining, it was reclaimed, and after reclamation, yellow mud was used to hit the bottom, and the water at the mouth of the sea was all clear, and strict regulations were made for the operation of the mining area. At the same time, it also provides electricity and free medical care to the local area. ”

"Sany Heavy Industry is an early enterprise to go international, and unlike the past 'going out', the demand of local countries is also escalating. Many countries have made it clear that they are not satisfied with buying equipment, but also producing locally, hiring local staff, and even technology. Li Jingjing said that Sany Heavy Industry is not afraid to transfer existing technology to partners, "technology blockade is not a long-term strategy, we should use this as a driving force to promote enterprise technological innovation, occupy the commanding heights of technology, and only technology first, will become the standard-setter."

"In the past, we were 'passive' to take advantage of foreign advantages, and in the future, we will actively go out on our own, lay out according to strategic needs, and obtain what we need in our development. Second, in the past, we only sought what we used, not what we had, but now we not only ask for what we use, but we also ask for everything. Lu Yuebing, vice chairman of the China Fund of Shanggao Capital in the United States, told the reporter of the "Financial National Weekly".

International production capacity cooperation will bring more endogenous impetus to Chinese enterprises. In an interview, Si Zefu, chairman of Dongfang Electric, said: "Chinese enterprises should 'go global' to force enterprises to improve their soft power, from R&D capabilities, brand influence to industrial chain operation capabilities."