Huo Jianguo: Several Aspects Of China'S Participation In International Capacity Cooperation

Since 2014, China has been "

Positive progress has been made in building and international capacity cooperation.

According to the Ministry of Commerce statistics, as of the end of last year, there were 69 overseas economic and trade cooperation zones invested by Chinese enterprises in 33 overseas countries, with 1088 enterprises in the region, 48 of which were built along the "one belt and one road" area. These industrial cooperation parks have provided an effective platform and played a positive role in promoting economic and technological cooperation and international production capacity cooperation.

What needs to be explained here is that the international capacity cooperation initiated and carried out by China is the two concept of the developed industrialized countries pferring surplus capacity to developing countries in the same period of 70s.

The developed industrialized countries used a lot of structural adjustment and industrial upgrading in that year.

,

Toys and other labor-intensive low end manufacturing industries are turning to developing countries. Some even irresponsibly pfer high energy consuming and highly polluting processing and manufacturing links to developing countries, while they retain control over technology development and high-end manufacturing.

The developed countries not only get high profits from this international division of labor, but also attempt to solidify this international division of labor in a long-term manner.

No wonder when China put forward the proposal to strengthen international capacity cooperation, the western media interpreted it as "exporting surplus capacity".

From the current global situation, the international capacity cooperation advocated by China is essentially different from the developed countries' pfer of excess capacity and the construction of an irrational international division of labor.

First, China promotes international capacity cooperation on the basis of equality, mutual benefit and win-win results, and is based on investment and domestic economic and technological cooperation in the development needs.

Second, it does not involve backward production capacity, mainly based on China's dominant equipment manufacturing industry.

At present, China participates in international capacity cooperation mainly in the following aspects: first, cooperation with developed countries in the high-end manufacturing industry.

For example, the British heco Klee nuclear power project, which was built in cooperation with the UK, represents the level of China's autonomous third generation nuclear power technology. This is also the first time that Chinese enterprises have led the development and construction of nuclear power projects in developed countries.

In addition, China is building the Pakistan Karachi nuclear power unit 2 project and Argentina's nuclear power project.

The two is the advanced manufacturing industry mainly based on railway, electric power, communications and equipment manufacturing, including the contract construction of high-speed rail lines and production matching of rolling stock, all of which represent the modern level of China's equipment manufacturing industry.

The three is China's existing high level joint ventures in traditional industries, including thermal power and hydropower projects, as well as steel and cement projects.

These are China's advanced industrial projects that meet the environmental standards and are competitive.

For example, in Malaysia Kuantan Industrial Park, China's steel plant project has played an active role in local economic construction.

From a global perspective, China's expansion of international capacity cooperation is in line with the current global economic development trend.

First of all, most of the countries in the "one belt and one road" owe much of their infrastructure construction, and the level of urbanization is relatively low. China has not only successful experience in infrastructure construction and urbanization, but also has formed mature and competitive supporting industries.

Through international capacity cooperation, we can truly complement each other's advantages and win each other's benefits. We can not only give play to the competitive edge of our industry, but also make positive contributions to the development of local industrialization and urbanization.

Secondly, international capacity cooperation is an effective means for Chinese enterprises to participate in economic globalization and global value chain competition. The process of international capacity cooperation is beneficial for Chinese enterprises to go out and explore effective ways to achieve optimal allocation of resources worldwide.

Moreover, this is also a new way to explore the development of China's foreign trade.

I believe that through active participation in international capacity cooperation, Chinese enterprises will continuously improve their ability and level to participate in international competition and form new competitive advantages. This is also one of the goals of building a new open economic system in China.