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Analysis On Modes Of Financing For Chinese International Engineering Enterprises

Posted on:2017-12-19Degree:MasterType:Thesis
Country:ChinaCandidate:J XuFull Text:PDF
GTID:2359330512463834Subject:Finance
Abstract/Summary:
Since the reform and opening-up,the strength of economy of China has apparently increased,China’s economy has involved in the main trend of global economy.Chinese enterprises have advanced the steps of going abroad.Many of them developed business in the overseas market and made a brilliant example for other enterprises.Meanwhile,the world-wide construction of infrastructure keeps a strong momentum.In 2013,during his official visit to the countries of Southeast Asia,Chairman Xi Jinping mentioned the ‘ Belt and Road’ Initiative,which has not only offered the development plan for the 21 th century’s opening-up and cooperation of China,but also stimulated the vitality of the development of overseas contracting projects industry.This strategy presents a brilliant future for the overseas project contracting industry.According to the ’Belt and Road’ Initiative,the construction of infrastructure has become the priority to the realization of the strategy.Therefore,Chinese enterprises should seize the opportunity to make the strategy come true.With the exploration of overseas market,the degree of difficulty of project gradually enlarged,which brought the quick growth of the contract amount.The role of Chinese enterprises changes from the contractor to investor,Chinese enterprises can not rely on traditional modes of financing like inner capital and export credit to cover the fund gap.Therefore,the increasing demand of capital urges the enterprises to explore the new modes of financing.This article aims to introduce the advantages and weakness of traditional modes of financing,and discuss the original modes of financing for the overseas contracting projects enterprises and make suggestion to the Chinese enterprises.Through the learning of innovative modes of financing,Chinese enterprises could increase international competitiveness in the global market and be ranked among the top enterprises in the world.
Keywords/Search Tags:overseas project financing, Belt and Road Initiative, innovation model
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