The Risks And Prevention Of China's Railway "Going Global"

Since the launch of the "One Belt,One Road" initiative in 2013,China's railway projects have accelerated the pace of'going out".The construction and operation of railway projects in China are generally very smooth.However,in the process of participating in overseas railway projects,Chinese railway enterprises have not fully considered the special nature of overseas projects and neglected the risks of overseas projects.In addition,the inherent investment of the railway project,such as large investment,large number of subjects,and long cycle,have increased the risks in the implementation process,which has led to various problems in the "going out" project of China's railways.Therefore,identifying key risk source factors and designing risk prevention programs has become an urgent and important practical issue.There are many sources of risk factors for overseas railway projects.The political,social and natural factors of the country where the project is located will bring risks to the enterprise.Therefore,detailed investigation and understanding of the risk factors should be carried out,and corresponding risk prevention measures should be formulated.In view of the complex identification of the risk of overseas railway projects,this paper uses the literature research method and case analysis method to first introduce the current situation and problems of the "going out" project of China's railways,combined with the existing risk theory,The relevant risk source factors of overseas railway projects in the context of "all the way" are analyzed and summarized.Then,combined with the case of the Mengnei Railway,the SWOT analysis method is first used to analyze the railway enterprises,so that they can make full use of the opportunities,give full play to the advantages of the enterprises,avoid threats and risks,and then analyze and evaluate the main risks in the Mengneo Railway Project.The risk prevention measures of the railway enterprises in China are summarized and summarized in the Mongolian railway project,and finally the opinions on risk prevention in China's railway enterprises are put forward.The main conclusions of this paper include:(1)The "Belt and Road Initiative" has created favorable conditions for the Chinese railway project to "go global",but the corresponding risk factors are more complicated.At the same time,the number of'going out"railway projects in China is Increasingly,the scale is getting bigger and bigger,and the impact of risk is amplified accordingly.(2)Since the environment of the country where the railway project is located is more complicated than that of China,the lack of necessary risk prevention measures has caused many railways to suffer setbacks such as delays and cancellations,resulting in huge economic losses.Therefore,the risk factors of railway projects are analyzed.It is very important to take targeted precautions.(3)Due to the complicated source of risk of overseas railway projects,when studying the risk of"going out"of railway projects and preventing countermeasures,based on the relevant theoretical basis of international direct investment and risk prevention,the risks faced by the project are divided into external risks and internal risks.In two aspects,combined with risk cases for risk factor analysis,summarizing experience and inspiration.(4)As a representative project of "going out" of China's railways,the Inner Mongolia Railway has the risks of not only the commonality of the risks faced by overseas railway projects,but also its own uniqueness.The risk prevention measures adopted by the relevant railway enterprises in the Mengneo railway project have played a very good effect in general,and have a strong demonstration,which is worthy of reference and reference.