Strategic Choices and Suggestions for International Economic Cooperation of Large- and Medium-sized State-owned Construction Enterprises

With the advent of informatization, economic and trade cooperation between countries has become increasingly frequent, but it has also brought more and more market competition. The traditional development of enterprises can no longer meet the needs of actual development, and it is necessary to seize various opportunities for reform and innovation. As a pillar industry of the national economy, state-owned large and medium-sized construction enterprises must actively participate in the environment of international economic cooperation in order to achieve sustainable development, and formulate and implement relevant development strategies in accordance with the development needs of the times, so as to promote the development of the construction industry. Therefore, this paper takes China's state-owned large construction enterprises as the research object, discusses the development strategy of China's large construction enterprises from the perspective of transnational economic cooperation, and proposes the development strategy of China's large construction enterprises in combination with China's actual situation.

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Publication Details

Journal
Economic Perspectives and Trends
Published
2024-11-18
DOI
https://doi.org/10.26855/ept.2024.12.005
Primary Topic
Construction Project Management and Performance
Type
article
Field-Weighted Citation Impact
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article

Strategic Choices and Suggestions for International Economic Cooperation of Large- and Medium-sized State-owned Construction Enterprises

Li‐Hui Chen, Junfang Liu, T. W. Jing
Economic Perspectives and Trends
Construction Project Management and Performance
article

Strategic Choices and Suggestions for International Economic Cooperation of Large- and Medium-sized State-owned Construction Enterprises

Li‐Hui Chen, Junfang Liu, T. W. Jing
article en

Abstract

With the advent of informatization, economic and trade cooperation between countries has become increasingly frequent, but it has also brought more and more market competition. The traditional development of enterprises can no longer meet the needs of actual development, and it is necessary to seize various opportunities for reform and innovation. As a pillar industry of the national economy, state-owned large and medium-sized construction enterprises must actively participate in the environment of international economic cooperation in order to achieve sustainable development, and formulate and implement relevant development strategies in accordance with the development needs of the times, so as to promote the development of the construction industry. Therefore, this paper takes China's state-owned large construction enterprises as the research object, discusses the development strategy of China's large construction enterprises from the perspective of transnational economic cooperation, and proposes the development strategy of China's large construction enterprises in combination with China's actual situation.

Economic Perspectives and TrendsVol. 1(1)
Wuhan University of Technology (CN), Wuhan University (CN), Hubei University (CN)
Partnerships for the goals
Openalex Percentile: Top 68%
Construction Project Management and Performance
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