“the Belt and Road” construction brings opportunities for multinational enterprises

         “the Belt and Road”initiative put forward four years, as the open policy unicom communication, facilities, trade, financing, and mutually "vision" gradually blossom, more and more countries, international organizations and enterprises on the "the Belt and Road" initiative "confidence" and "support", many multinational companies actively involved in the "the Belt and Road" construction. As one of the representative company in the field of technology, Siemens has with hundreds of Chinese overseas engineering general contracting (EPC) companies to carry out the cooperation. Siemens Herman, chief executive of greater China, said: "all the way along the" initiative for multinational enterprise to bring the business opportunities at the same time, also provides a strong incentive for the development of globalization.

          "' the Belt and Road 'initiatives are widely prevalent identity all the way, is that it passed beyond national borders connect people from different countries and economic solution, common prosperity help many regions in the world. This initiative helped China from a strategic and economic level, and help the world, is to support the new forces of global trade." Herman says.

, according to data from the ministry of commerce since China launched the "the Belt and Road" initiative, import and export of China and relevant countries increases by 14.8%, the total cumulative direct investment over $60 billion. In the first quarter of 2018, China's enterprises in the "the Belt and Road" all the way along the country's new signing contract of foreign contracted projects, 680 new signing contracts can be $20.63 billion, accounting for the same period 46.3% of China's foreign contracted projects new signing contracts can fell 7.4% year on year; Complete the turnover of $18.76 billion, accounting for 54.1% of the total, up 30.4% from a year earlier.

Herman says, "all the way along the" not only become the era of "hot word", and the actual effect. Seen from the "the Belt and Road" initiative and Siemens won a huge opportunity. In fiscal year 2017 (October 1, 2016 to September 30, 2017), Siemens in China's total revenue of 7.2 billion euros, increased by 12% than the 2014 fiscal year, growth is 15 times for the fiscal year 2011-2014.

          By 2017, Siemens has with China to build, turbine in China, CNPC, sinopec, sinoma group such as hundreds of China's overseas engineering general contracting (EPC) companies in electric power, oil and gas and chemical industry, mining and industrial the Belt and Roads such as the cooperation, across six continents hundreds of countries and regions.

In belarus, Siemens China mechanical equipment engineering co., LTD., participated in the construction of belarus, the second largest power stations - don't yuri power plant, the plant output accounted for about 10% of the belarus national power; In Pakistan, Siemens and Harbin electric international engineering co., LTD cooperation, provide booster station for a combined cycle power plant design and equipment supply, one-stop solutions and services, not only greatly enhance the compatibility between components, and further improve the efficiency of the execution of the project.combined with a franchise of the new stage, more and more foreign owners of EPC enterprises put forward the "going out" with capital requirements.

          Herman said, Siemens's advantage is more than the general financial institutions understand project, understand the financial more than engineering company. In the process of co-construction and "the Belt and Road", Siemens is willing to build a more in-depth cooperation partnership. This means that the enterprise is not only a supplier, but also, share the success of Shared sacrifice explorer. Through the arrangement of equity investment consulting, project loan, export credit, and to provide financing services, Siemens has the ability to help overseas engineering general contracting project financing, extend from "technical cooperation" to "financial cooperation.

Herman says, Siemens and China national machinery import and export (group) co., LTD., to build the Bangladesh sheila GanJie power plant phase ii project, help project successful German export credit insurance company - zuellig anlene (Euler Hermes) the guarantee of the company, through the Chinese export credit insurance company and zuellig anlene joint guarantee, such as Siemens project eventually won the standard chartered bank, bank of commercial bank's loan.

Herman says, "on the one hand, we should continue to strengthen the cooperation with Chinese companies, all the way 'participation' the Belt and Road construction; At the same time we also hope to use their global operations, 'all the way along the route of countries and regions in the the Belt and Road looking for projects and opportunities, work together and invite Chinese companies."

          It is understood that in June this year, Siemens (China) will be held in Beijing international cooperation BBS "neighbourhood" all the way. Will be invited from "the Belt and Road" all the way along the line of more than 800 countries and regions in politics, business, academia, around the "investment opportunities, market supervision mechanism and successful cases", etc., through innovation and digital technology to strengthen cooperation, power "the Belt and Road" all the way along the countries and regions to realize sustainable development.