Overseas M & a blowout made in China integrated into the global industrial system "going out" and "bringing in" is an effective shortcut to accelerate the realization of the "made in China 2025" strategy. For example, after Zhejiang Longsheng acquired German dye giant destar, it not only achieved an annual net profit of $100million from 2014 to 2016, but also obtained a large number of patents and completed the company's transformation by retaining the original management and employees and controlling only the shareholders' meeting and the board of directors. According to statistics, overseas mergers and acquisitions of Chinese capital boomed this year, and the amount of overseas mergers and acquisitions of Chinese enterprises in the first three quarters of 2016 was nearly US $160billion. Since July this year, the amount of overseas mergers and acquisitions of Chinese enterprises has exceeded the total of last year
Chinese manufacturing enterprises are participating in international division of labor and cooperation through mergers and acquisitions, investment and other means. Driven by the new technological revolution of interconnection and intelligent manufacturing, the restructuring of the global industrial structure has accelerated. While comprehensively improving the development capacity of China's manufacturing industry, it is accelerating the integration with the global industrial system
"going out" raises the made in China Standard
the driverless car automatically takes and transports raw materials from the warehouse, and the manipulator gently and accurately grabs and sends them to the full-automatic production line. After 27 processes such as laser code engraving, automatic string setting and automatic packaging, a photovoltaic module board is finished offline... In the whole manufacturing process, the command and execution tasks are all completed by robots, and people are just designers and managers. This is the automatic photovoltaic production equipment selected by Chint Group into the Sino German Cooperative Intelligent Manufacturing demonstration project of the Ministry of industry and information technology
Chint has actively "drifted to the sea" in recent years, and has increasingly attracted the attention of the global industry. Chint acquired the module factory of Conergy, an old European photovoltaic enterprise, located in Frankfurt, Germany. The marriage between made in China and made in Germany not only helped Chint effectively avoid "double anti", introduced advanced technology and equipment, but also created more than 200 local jobs. At present, Chint has established R & D institutions in Europe, North America, South America, the Middle East and other places, and new energy production bases in Germany, Malaysia and Thailand, forming an international R & D system with more than 1Hz frequency elements
Miao Wei, Minister of the Ministry of industry and information technology, said that now a large number of enterprises have "moved" their advanced equipment, even advanced factories, out of the country. In fact, this has supported the construction of our manufacturing power, because the standard of "going out" must be high. In addition to meeting Chinese standards, it must also meet local standardsFeng Xiao, part-time researcher of the German Research Center of Tongji University and vice president of the Sino German Institute of engineering, said that the "made in China 2025" strategy will greatly promote the improvement of the gold content of made in China, which is the foundation for Chinese manufacturing enterprises and Chinese brands to participate in International competitiveness in the future. He believes that made in Germany, which is widely recognized in the world, has also experienced a process from small to large and from weak to strong. At present, made in China is entering the stage of continuous improvement of manufacturing quality. With the proposal of the "made in China 2025" strategy, it is believed that made in China will also rapidly improve its quality and be favored by global users like made in Germany
actively participate in the international division of labor by overseas purchasing
active overseas mergers and acquisitions is an effective shortcut to accelerate the realization of the "made in China 2025" strategy, and it is also an effective design and more personalized sample way to readjust and participate in the international division of labor
in 2016, overseas mergers and acquisitions of Chinese enterprises showed a blowout trend, and overseas mergers and acquisitions also hit a record high. As of the third quarter of this year, the total value of overseas mergers and acquisitions of Chinese enterprises reached US $173.9 billion, more than the sum of 2014 and 2015. For the first time, China has replaced the United States as the world's largest foreign asset purchaser
on October 10, Luoyang molybdenum announced that the delivery of the company's acquisition of Anglo American's high-quality niobium (aanb) and phosphate (aafb) projects in Brazil has been completed. In September, China National Gold Corporation announced the completion of the delivery of the acquisition of 82% of the shares of Guizhou Jinfeng gold mine of Eldo gold company. In August, COFCO announced the acquisition of the remaining 49% stake in nedra, a Dutch grain trading company. Midea Group has made three consecutive overseas acquisitions in half a year: Recently, Midea Group announced its acquisition of KUKA, a German industrial robot manufacturer; In July, Midea announced the acquisition of Italian air conditioning enterprises; In June, Midea Group acquired Toshiba of Japan, and the cost of two disclosed transactions has reached 32.5 billion yuan
experts said that while China's foreign investment is increasing, the direction and form of investment are developing towards diversification and high-end. High end manufacturing is an area that Chinese capital pays most attention to. In recent years, Chinese enterprises have been accelerating the pace of mergers and acquisitions of high-end manufacturing industries in the United States. For example, Dalian Machine Tool Group invested tens of millions of dollars to wholly acquire Ingersoll production systems, a well-known company in the American machine tool manufacturing industry, and established Ingersoll production systems, a company of Dalian machine tool group; China's Shenzhen container North America company acquired a container trailer manufacturer in the United States, and its production efficiency has been greatly improved through transformation and upgrading; Shaanxi Qinchuan Group acquired an American broaching machine manufacturing enterprise and its subsidiary in Michigan. The enterprise is currently operating normally. In addition to continuing to produce machine tool products, it will also sell Qinchuan products...
Xing Houyuan, deputy director of the China service outsourcing research center of the Ministry of Commerce, said that since this year, overseas mergers and acquisitions of Chinese enterprises, especially manufacturing, have played an important role in the reconstruction of the global industrial chain. Driven by the revolution of new technologies such as Internet and intelligent manufacturing, the restructuring of the global industrial structure is accelerating. Multinational companies in developed countries continue to divest non core businesses, enabling Chinese enterprises to carry out mergers and acquisitions in many fields of the manufacturing industry, which means that the carton fully meets the requirements, and obtain proprietary technologies, brands, and marketing channels. While comprehensively improving the development capacity of China's manufacturing industry, It has promoted the integration of China, the world's largest manufacturing base, and the global industrial system
"we should realize that with the improvement of China's comprehensive national strength, overseas mergers and acquisitions have become an important way for Chinese enterprises to 'go global' and participate in international division of labor and cooperation at a high level." Shendanyang, spokesman of the Ministry of Commerce, pointed out that this will play an important role in improving the position of Chinese enterprises that have won the recognition of users in the global value chain, serving the transformation and upgrading of the domestic economy, and deepening the mutual benefit, win-win results and common development between China and other countries in the world
"the the Belt and Road" has become a driving force
since the launch of the "the Belt and Road" initiative in 2013, more than 100 countries and international organizations have participated in it. At present, China has signed co construction and cooperation agreements with more than 30 countries along the "the Belt and Road", carried out international capacity cooperation with more than 20 countries, and a number of influential landmark projects are gradually being implemented. The construction of the "the Belt and Road" has grown from scratch, from point to area, and its progress and degree have exceeded expectations
the construction of the "the Belt and Road" has become the strategic guidance and important support for Chinese manufacturing to go abroad. With the deepening of the "the Belt and Road" strategy, more made in China and Chinese brands will complete the key transformation of "going global". Zhu Shengdi, special adviser of the China Machinery Industry Federation, believes that many countries along the "the Belt and Road" have not yet completed their infrastructure, which provides great market opportunities for Chinese manufacturing enterprises. Chinese enterprises should seize the opportunity of the national implementation of the "the Belt and Road" strategy to promote more high-tech products with independent intellectual property rights to "go global"
Wei Jianguo, vice president of the China Center for international economic exchanges and former Vice Minister of the Ministry of Commerce, believes that up to now, the "the Belt and Road" is the best historical opportunity for made in China and Chinese brands The birth and "going out" of a series of made in China such as refrigerators and computers is not only an indispensable symbol of the rise of a big country, but also a guarantee for the long-term prosperity of Chinese manufacturing enterprises
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