Practice Analysis Of Chinese High-speed Railway's "Going Out"

By the end of 2018,China's high-speed rail mileage ranked the first in the world,and it is also in the forefront of the world in terms of innovation,safety and operation speed.China's high-speed rail has become a new international business card of China.China's high-speed rail going out strategy was launched in 2009,and began to advance globally in 2013 when The Belt and Road Initiative was proposed.China's high-speed rail going out is the basis for realizing the nterconnection of The Belt and Road Initiative,and The Belt and Road Initiative has provided a comprehensive guarantee for China's high-speed rail going out.They contributes to each other and both benefit the economic development of China and related countries as well as the promotion of their international status.Southeast Asia is a key target area for The Belt and Road Initiative and China's high-speed rail going out.At present,China's high-speed rail project in Southeast Asia is represented by Indonesia's Jakarta-Bandung High-speed Railway and Thailand's Sino-Thai Railway,which are of great significance to both sides and the regionJakarta-Bandung High-speed Railway is the first one in the real sense of going out of China's high-speed railway.Sino-Thai Railway is the first standard railway in Thailand.They are landmark projects of China's high-speed railway to enter the world and win-win move for mutual benefit.In the current construction and future operation of the two railways,there are three sources of risk that restrict the progress of the proj ects:the host country's domestic factor(political,financial,public attitudes),China and foreign powers.Firstly,the host country'sinternal political instability,the continuous disputes among interest groups,government corruption and inefficiency,non-traditional security and other issues hinder the progress of the proj ect and threaten the safety of the project and personnel.Compared with Indonesia,Thailand's political situation is more turbulent,policy variability is stronger,and the non-traditional security situation is more severe.Secondly,large demand for infrastructure construction funds,long construction period,slow return of funds,fluctuation of exchange rate in host countr.,obstacles in construction process,failure of high-speed rail to open on schedule.or poor management will bring about financial risks.At the same time,Indonesia and Thailand.taking advantage of the competition between China and Japan for high-speed rail projects,have been exploring China's bottom line on the issue of funds to reduce China's profit margin as much as possible.Compared with Jakarta-Bandung High-speed Railway,the Sino-Thai Railway is financed,land-expropriated and operated independently by Thailand,the financial pressure and risk faced by China is relatively small,but it is not without worry,because the success of the project will depend on the success of Thailand's financing.Thirdly,the opaque bidding process of high-speed rail projects,the low reputation of Chinese high-speed rail,the negative impact of high-speed rail construction on the local environment and employment,and the influence of negative public opinion at home and abroad have all contributed to people's ignorance and even misunderstanding of Chinese high-speed rail.In addition,Indonesian people's deep-rooted anti-Chinese sentiment,the South China Sea dispute between Indonesia and China,and Thai people's slow-paced attitude towards life also affect people's perception of high-speed rail.Compared with strong anti-Chinese mentality and political disputes,the inappropriate pace of life and high-speed rail can be slowly solved through public opinion propaganda and practical experience,while the former needs to be solved by both the state and society.It is more difficult and takes a longer time.Fourthly,the complex physical and geographical conditions of construction country,lack of international standards,safety and autonomy of Chinese high-speed rail constitute the technical risk.The lack of overseas high-speed rail construction and operation experience,and the lack of necessary personnel constitute the project management risk.There is still a lot of room for improvement of China's high-speed rail.Fifthly,the entry of major stakeholders represented by the United States and Japan hindered the project.Indonesia and Thailand implement the strategy of"balanced diplomacy"to make profits in the game among major powers,which led to the reduction ofprofits and the increase of risks for China.Based on its geographical location of the transportation hub in the Indochina Peninsula,Thailand's negotiating position is slightly higher than Indonesia's.n view of the risks mentioned above,measures should be taken from two aspects of government and enterprises to realize the linkage and coordination between government and enterprises.At the government level,we should publicize the advantages of high-speed rai positively.enhance China's international image and strengthen the positive interaction with target countries and competing countries.First,combine active publicity with positive response to queries.strive to create China's image of peaceful rise,dilute the political color of high-speed rail.strenuthen economic advantages,so as to alleviate the doubts of other countries.At the same time,we should build and broaden the communication and coordination mechanism with the host country of high-speed railway,expand the scope of overlap of interests and enhance political mutual trust.At the enterprise level,we should exert our subjective initiative on the basis of understanding the host country's national conditions and the risk of high-speed rail construction:starting from cultivating technology and talents,strengthening intellectual property and standards awareness,continuously improving core competitiveness,and discovering and grasping market opportunities;While the high-speed railway is striding forward,it must also be steadily.Before investing and field construction,do a good job of research and feasibility analysi s,formulate strategies according to local conditions so as to reduce risks.At the same time,we should actively assume social responsibility,create a good corporate image,and pay attention to public relations work,through overseas Chinese,non-governmental organizations,the mass media and other ways to promote popular sentiment and increase local people's favor and recognition.The above measures will help to realize the complementary advantages of the government and enterprises,promote the smooth construction and operation of the two projects,benefit both sides and the regions,and promote the brand of China's high-speed railway.After the Belt and Road Initiative was put forward,China has already ushered in the era of massive capital output.The Belt and Road Initiative has become one of the new troika that drive China's economic growth.The high-speed rail's going out strategy,as an important part of theBelt and Road Initiative,plays an important role in the fields of economy and diplomacy.Although China's high-speed rail going out faces many challenges.China should not fear and stop,but should face difficulties,seize opportunities,meet challenges and promote the great rejuvenation of the Chinese nation.