Embracing a New Era of Win-Win Cooperation
Type:
Presented during:
WODCON XVIII - 2007 Orlando, Florida, USA
Authors:
Chen Yun
Abstract: Since the implementation of reform and the opening up of policy, Chinese dredging enterprises have undertaken a great amount of dredging and reclamation work for ports, navigation channels, irrigation and environmental protection in China. They have also successfully explored the dredging market in Mid East, South America, Africa, South Asia, South-east Asia and Hong Kong-Macao Area, becoming a very important power in the International dredging market. With the progress of society and economic development, the requirement for channel construction & maintenance and environmental protection will be greatly increased, providing China’s dredging industry with an unprecedented opportunity. Nowadays, China’s dredging enterprises are growing constantly. For example, the design and manufacturing ability for dredging equipment is continuously progressing and the country’s dredging ability enjoys a leading role in the World. Meanwhile, China’s large dredging projects have also attracted many famous enterprises from abroad to participate in the Chinese market.
With China’s entry into the World Trade Organization (WTO), both “to introduce foreign investment and technology” and “to go global” important roles are being played in the development of society. As the industry which introduced the foreign technology relatively early, during 1970s, China’s dredging industry bought many dredgers and adopted technology from the countries with a high level of involvement in dredging. Moreover, the dredging industry had also “gone global” relatively early. Since the nineteen eighties, China has been undertaking contract dredging projects in the overseas market.
In the world of today cooperation takes on a more important role than competition. China should actively strengthen International economic & technology cooperation, endeavor to explore the International dredging market and constantly promote its competitive capability in the International market so as to create a new era of win-win cooperation together with other world dredging enterprises.
Keywords: China’s dredging industry, China’s entry into WTO, win-win cooperation