Caterpillar Belt and Road Initiative "white paper actively promote industrial development
In November 29, 2016, Caterpillar Inc issued a "The Belt and Road: win-win vision and commitment to" white paper, combined with Caterpillar long-term accumulation of business practices and global experience, put forward the "five key factors The Belt and Road" the success of the project, namely, innovation, cooperation, sustainable development, risk management, local participation of stakeholders, and further elaborates how to Caterpillar support "The Belt and Road" initiative in five key areas, help the government, enterprises and all stakeholders to achieve mutual benefit and win-win.
The five key factors to promote the "white paper on The Belt and Road" the success of the project are as follows.
Promoting innovation and industrial transformation
The implementation of Caterpillar in the business model innovation, technology innovation, enterprise innovation and cultural advantages will help to promote the "The Belt and Road" project. Caterpillar's innovative business model and its business strategy include agents, suppliers, and other business partners on the value chain. This way of integration can provide customers with the lowest cost of purchase and use, helping customers succeed in projects at home and abroad. On the other hand, Caterpillar is leading the industry into the era of intelligent machines "(the Age of Smart Iron), in order to improve the productivity brought a variety of digital, working efficiency, safety and profitability of the solution for the customer, to maximize the realization of economic, social and environmental value.
Collaborative development infrastructure
"The Belt and Road" project in the engineering scale, complexity and long-term implementation of commitments will become more stringent requirements. Business network, industry leading global financial leasing services based on Caterpillar from project to project financing solutions, from project implementation to end, provide professional knowledge and experience required to ensure the global success of the project.
Building sustainable influence
The construction of sustainable infrastructure network will be "The Belt and Road" initiative to succeed as a key factor. Caterpillar provides not only between the environmental protection and social responsibility and sustainable economic growth to balance the practice, but also has the innovation and development of sustainable practices required system, culture and power in the two model, environmental sustainability and sustainable management of power line and establish sustainable development.
Share global experience and risk management tools
For the "The Belt and Road" initiative cooperation projects, because of different countries at different levels of economic development, will affect the project safety, countries around the historical and cultural differences, social conflicts and other aspects of the different concerns, risk management will become the key factors of this initiative to succeed. As an enterprise operating globally, Caterpillar has developed comprehensive and accurate risk management tools and processes, and established a financial risk management system and efficient communication network.
Creating value for local stakeholders
It is essential for any local stakeholders to participate in and benefit from any long-term project success. Over the years, Caterpillar has been in the area along the The Belt and Road "and the enterprise and the government established a strong and lasting partnership with" The Belt and Road initiative forward, Caterpillar will further improve and strengthen the relations of cooperation, and actively contribute to the local community, the various stakeholders opinions and goals can be with cooperative attitude into "The Belt and Road" initiative to.
Caterpillar in the white paper that the interconnection infrastructure is a key The Belt and Road "initiative, and the development of infrastructure requires a high degree of coordination between the various countries, the private sector, non-governmental organizations, and the need for capital and material resources huge investment. The implementation of this initiative will contribute to the formation of a more open, more adaptable, more balanced, more inclusive regional economic cooperation framework, and formed a more cohesive and more economic for the digital global society.
The white paper also stressed, open and inclusive "is the core and foundation of The Belt and Road" initiative. In its 2020 strategic vision, Caterpillar advocates promoting global development and promoting the integration of freedom and openness between the international markets. In the future, this vision will help Caterpillar in the Eurasia and Africa and around the world and all countries and all business partners to deepen cooperation in the "The Belt and Road along the countries and regions to create a comprehensive, high quality growth and development.
Focus on the development of Caterpillar efficiency, on the basis of construction of environmental protection and sustainability concerns with the government "China Belt and Road Initiative" initiative highly fit. Caterpillar fully supports the "The Belt and Road" initiative, and are willing to participate in a variety of innovative ways, we play in infrastructure, energy, mining industry globalization and localization advantage and expertise, cooperate with partners to carry out cooperation in the global scope, help the smooth implementation of the "one with a road project.
