Reseach Of Citic Construction Co.,Ltd.’s Core Competence Based On "Big Project" Development Model

With the continuous strengthening of globalization, international project contracting as one of the models of international economic transaction, has been gradually becoming an important aspect of one country’s foreign economic activity and even of the national economy. Nowadays under the requirement of strategy "going out" and strategy "structural adjustment and industrial upgrading" in China, international project contracting has become the main way to realize the objective of strategic. While the amount of Chinese enterprises in international project contracting is increasing, the scale of the industry expands rapidly. At the same time, the competition in the industry is becoming more and more intense. Chinese companies have to compete with not only the companies in domestic, but also the similar companies abroad. So if the company wants to survive and constantly develop in the changeful international environment and increasely intense competitive environment, which have to improve the core competitiveness.This paper provides an overview of clarity and content of the international project contracting, and compares the development status of China’s international project contracting industry with foreign countries, which shows the big gap between the industry of China and foreign, so there are still huge room for Chinese corporations to develop. There is an urgent requirement to enhance the core competitiveness of China’s international project contracting corporation on the basis of the comparison. Taking CITIC Construction Co., Ltd., for example, paper analyzes its unique core competencies and the pathes and strategies to enhance its core competitiveness, and analyzes an innovative development model--"big project" development model which is implemented by CITIC Construction Co., Ltd.,. After the background, significance, content, methods of the article and the overviews of research, paper raises the connotation of international project contracting and studies it, and makes CITIC construction Co., Ltd. as a case to start the core competitiveness study. Paper defines its the "big project" development model, and take an analysis that if the model would form the core competitiveness of the corporation. Paper also discusses the specific ways to enhance the core competitiveness of the case corporation. Under the "big project" model, what influence the environment have by enhancing the core competitiveness of the corporation, how it effects. Of cause, there are problems in the "big project" model which is researched, but some suggestions are proposed. Final, paper looks forward to the application and development of the model.Ultimately, paper concluded that: an effective way to enhance the core competitiveness of Citic Construction Co.,LTD., is that implementing of the "big project" mode unswervingly, which has positive significance for completing the company’s international projects as well as its future development; Innovation and implementation of the "big project" model has brought a huge impact to our international engineering contracting industry, and its successful experience and reference has far-reaching effects.