Strategic Study of CAE >> 2017, Volume 19, Issue 5 doi: 10.15302/J-SSCAE-2017.05.001
Research on China Railway’s “Go Global” Strategy
1. China Railway, Beijing 100844, China;
2. National Railway Administration of the People's Republic of China, Beijing 100891, China;
3. China Railway Economic and Planning Research Institute, Beijing 100038, China
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Abstract
This paper analyzes the opportunities and challenges associated with China Railway's "Go Global" strategy, and proposes the guiding ideology, basic principles, and strategic targets corresponding to it. Based on the different characteristics of neighboring countries, the countries along the "Belt and Road", the countries in Africa and Latin America, and the countries in Europe and the United States, as well as cooperation in different equipment manufacturing, the overall outline of China Railway's "Go Global" strategy is revealed. Five strategies—consulting in advance, cooperation alliance, technological innovation, local operation, and building the China Railway brand—are proposed. Finally, some policy measures and suggestions, such as top-level design, overseas consulting, financial support, risk prevention and control, international influence, and talent development are recommended.