Research On Core Competence Of The Chinese International Contractors In The International Market

The competition in international engineering market is increasingly fierce. Inrecent years, even though the Chinese contractors has made significant progress in theinternational engineering market, but many of the development strategy of Chinesecontractors lack of diversity, still blindly bid win the market with lower cost, damage tothe enterprise profit levels and adverse to the long-term development of the enterprise.The Chinese contractors must form the unique ability that reflects their own advantagesand other companies are difficult to surpass to win in the competition. Therefore, thisarticle evaluates and researches the contractor’s core competence in the internationalmarket, and put forward the improvement countermeasures for Chinese contractors. Themain content of the thesis are as follows:(1) The paper on the basis of reading and comprehension of related literature, definesthe basic concepts of core competence of the Chinese contractors.(2) The paper describes the characteristics of international engineering market,analyzes the international engineering market from regional, industry, etc, and studiesthe Chinese contractor’s performance in the international market.(3) The paper analyzes the influencing factors of international contractor’s corecompetence, and builds the international contractors core competence evaluation indexsystem; then selects five samples international contractors to be comparative analyzedand evaluated with the evaluation index system through the Principal ComponentAnalysis (PCA), and selects two contractors at home and abroad in the five samplescarried on the detailed identification and analysis of core competence.(4) Aiming at the contractor’s performance in the international engineering market andthe market characteristics, based on the core competence analysis of samples contractor, the paper put forward the corresponding countermeasures and suggestions on how tocultivate and develop core competitiveness for the Chinese contractor to build the corecompetitiveness in the international market.This Paper is helpful for Chinese contractor to identify, analyze, and determinetheir own core competence, so as to enhance the level of international engineeringmanagement and further promote the development of foreign contracted business ofChina.