Chapter 59 4. The future world

Can China Buy The Whole World?In fact, given its current economic strength and growth momentum, we can ask ourselves that question.With hundreds of trillions of euros in foreign exchange reserves, some Chinese companies have already ranked among the top 500 companies in the world! In addition, these internationalized Chinese companies have never stopped moving forward.It is worth mentioning that China is also setting its sights on other branches and industries in order to seek the number one position in the world. Give an example to illustrate the true image of China in the world and beside you and me—Paris.

For example, the construction of the Paccatim Tower in La Défense, France will be undertaken by China Yuanda Group.Yuanda signed part of the contract at a price 25% lower than that of its competitors. According to the Federation of French Architecture, this is the first time this has happened in Paris.China's competition continues to stimulate the nerves of European architects.It is as if the French, Spaniards or Germans, seeing their leadership questioned in Africa, are now suffering the same fate in Europe at a much faster rate. Chinese companies are going all out, they are unstoppable with their style, their approach, their engineers, their executives, their workers and their machinery.

Does the success of China's housing construction and public works construction in the international arena mean the end of European and French housing construction and public works construction?This is not the case, this competition is dual.Globalization has turned the world into a huge village, and China's rapid development has only brought her the charge of "dumping". In this field, the success of Chinese companies is inseparable from their sensitive responses, wise decisions, strong teams and think tanks.These capabilities are also required in the bidding, construction and infrastructure management processes.

At the same time, Chinese companies have established a group of think tanks, professional economic teams and risk forecasting teams capable of researching and responding to various tenders.They respond quickly, and can even predict certain projects... In the face of the world market, Chinese housing construction and public engineering construction companies not only highlight their advantages, but also preemptive strikes! Who were the top ten civil engineering and construction companies in the world (by turnover) in 2009?We found that half of them were Chinese companies. Topping the list are French Vinci Group and Bouygues Group, Spain's ACS Group, China's China Railway Group Co., Ltd. and China Railway Construction Group Co., Ltd., followed by Germany's Hochtief, followed by two other Chinese companies Then: China Communications Construction Company Limited and China Metallurgical Engineering and Construction Corporation.It can be seen that half of them are Chinese enterprises!

In 2010, the top ten civil engineering companies have new changes!The leaders Wanxi and Bouygues dropped to third and fourth place respectively! The latest ranking, yet to be verified, says Vinci is no longer the world's largest contractor.The U.S. "Engineering News-Record" magazine reported that according to its analysis of Vinci Group's turnover and other related data: At present, the French leader may fall to the third place in the world. 2009 World Construction Enterprise Ranking 1. Vinci Group (France) 2. Bouygues Group (France) 3. ACS Group (Spain) 4. China Railway Group Corporation Limited (China)↑Second

5. China Railway Construction Group Co., Ltd. (China) ↑ No. 1 6. China State Construction Engineering Corporation (China) 7. Hochtief (Germany) 8. China Communications Construction Co., Ltd. (China) 9. China Metallurgical Corporation (China) 10. Fluor Corporation (USA) Le Monde reported that Wanxi and Bouygues are likely to be replaced by China Railway Construction Group Co., Ltd., which has a turnover of 41.3 billion euros, and China Railway Group Co., Ltd., which has a turnover of 39.1 billion euros. According to the ranking of the American magazine, Bouygues may have dropped to the third place... If these data and rankings are confirmed, then it will illustrate the sudden and sudden increase in the strength of Chinese construction companies.

Of course, China does not currently have all areas of the world in its hands, especially some important areas.Such as: pharmaceutical industry, agricultural product processing industry, entertainment industry, luxury industry, etc.At the same time, we cannot deny that it has taken over large swathes of territory relentlessly and quickly. Today, China is committed to becoming a leader in many fields within 20 years, such as: housing construction and public engineering construction, technology, insurance, energy, transportation, petroleum fuel, information, telecommunications, etc. China - this economic empire, develops together with some foreign, Asian and Japanese companies.For example: Foxconn Group, which produces electronic accessories for well-known brands such as Microsoft, Sony, and Nokia.Foxconn can produce 1.37 million iPhones per minute. It has a total of 920,000 employees in China, distributed in 20 different cities, including 470,000 employees in Shenzhen.

If the data released in China is confusing, the following example will illustrate the point.It reveals China's strength and ambitions in strategic industries such as the auto industry.In addition, Beijing has made it clear that it will promote electric and hybrid vehicles.As the largest consumer, producer and seller, China's progress undoubtedly illustrates this point. Facing the panic buying of Chinese-made cars, China's auto production has been involved in a domestic and international speed race.We will need to get familiar with some new brands and new manufacturers, such as: Chery, Changan, Dongfeng, BYD, JAC, Great Wall, Brilliance and Geely.

Chinese automakers have acquired some foreign brands and will set up production centers around the world.After Italy and Bulgaria, Chinese automaker Great Wall will launch its range in some Nordic countries. In three years, the automobile industry has changed from star to star, from Europe and the United States to Asia, and from Asia to China!Swedish automaker Volvo has been owned by China since Geely, a Chinese private automaker, bought it from Ford. After signing some agreements with foreign companies and acquiring some foreign companies, China's auto industry is still in the process of continuous restructuring.

In 2010, China ranked first in the global market with an astonishing sales volume of 18 million vehicles. But European and American car manufacturers, such as Peugeot, Citroen, Renault, Mercedes-Benz and other brands, also have great prospects for development in emerging countries with good sales potential.They have therefore invested heavily in these countries. These groups rely on foreign markets to increase their sales, and since the domestic market is becoming saturated, they prefer to manufacture in China, the paradise of car sales.We can expect that by 2020, Chinese brands will form a beautiful landscape.

At the same time, China is also committed to the field of minerals, and has become a world leader without reproach.In addition, China is also number one in the world in many other fields: Toys: China's toy production accounts for two-thirds of the world's total; Mobile phones: more than 50% of mobile phones are produced in China; Color TV: the world's largest color TV manufacturer; Electronic equipment: mostly made in China; Automotive battery packs: a world leader; Light bulbs: 80% of world production; Solar panels: the world's largest producer; Wind turbine: the world's largest manufacturer and user; Fur: ​​the world's largest importer and exporter; Household appliances: mass production; Textiles: Made in China has achieved great success; Iron and steel: export to the world market. If two-thirds of the world's small household appliances are produced in China, then its development strategy is based on innovation, new technology and future means of transportation, such as trains, planes, rockets and some high-end services... China's output of cement, cameras, lighters, green onions, wheat, tobacco, bicycles, shoes, etc. has leapt to the top of the world.By 2030, it will target telecommunications, petroleum raw materials, insurance, banking, shipbuilding and other fields, and has achieved a leading position. Twenty years later, the world will look like China... China in 2011 is not what it was in 2000.The number of nuclear power plants it has built ranks first in the world. China plans to become the world's largest shipbuilding country in 2015.It will be the biggest winner of world export, the standard-bearer of scientific and technological innovation, the leader of earth energy, and the pioneer of green technology. We no longer care about those pharaonic plans, and we no longer care whether China has economic ambitions.The important thing is that China is committed to developing wind power, solar panels, electric vehicles, and even batteries. China will become a world leader in all fields from now on!