Recently, another piece of heavy news came from the overseas market of China Railway Group-on September 1, the inauguration ceremony of China Railway Group Hungary's regional headquarters was held in Budapest. Liu Bo, Minister Counselor of the Chinese Embassy in Hungary, Homolya Róbert, Chairman and CEO of the Hungarian National Railway Company, and Nagy Attila Róbert, Chairman and CEO of the Hungarian National Infrastructure Development Corporation, attended the unveiling ceremony.

According to the statistics of Infrastructure Communication Big Data (cnsuido01), this is the overseas reform that China Railway Group put forward in the overseas work video conference held on May 8 last year with the "dual excellence" development strategy and the "one body, two wings and N drive" business structure as the main content. After the overall plan, the ninth overseas regional headquarters was officially inaugurated. Previously in "The 8th House! Another overseas regional headquarters of China Railway Group was officially inaugurated! "In the article, Tong Ge mentioned that China Railway Group regards the "regional + country + project" operating system as a key measure to promote the development of overseas business regionalization, localization, specialization and branding, and initially divides it 22 regional headquarters.

Among them, China Railway International and China Overseas, as platform companies, play the "two wings" leading role and are responsible for managing their regional headquarters. Driven by these two platforms, in December last year, 6 regional headquarters hosted by 2 units were unveiled: China Railway International (3 companies): China Railway Southeast Asia Regional Headquarters, China Railway Southern Africa Regional Headquarters, China Railway South America Southern regional headquarters. China Overseas Corporation (3 companies): China Railway South America North Regional Headquarters, China Railway West Africa Regional Headquarters, China Railway South Pacific Regional Headquarters. There are three overseas regional headquarters directly under the jurisdiction of China Railway Corporation: China Railway Bangladesh Regional Headquarters and China Railway Indonesia Regional Headquarters were inaugurated on December 30 last year and April 10 this year. An overseas regional headquarters under the direct management of a joint-stock company has landed, and China Railway's overseas business market has also become more and more perfect.

Expanding the European market

In recent years, especially after the Belt and Road Initiative was put forward, China Railway Group has actively promoted China Railways and China's high-speed rail to "go global", striving to be a pioneer in the construction of the Belt and Road Initiative. It has achieved positive results in the implementation of the National Belt and Road Initiative and has undertaken a large number of signs. Key projects of sex.

For example, the Hungary-Serbia railway (Hungarian section) construction contract was formally signed on November 5, 2016. It is a joint general contractor construction by China Railway International, a wholly-owned subsidiary of China Railway Corporation, China Railway Corporation and Hungary Railway Corporation. . This section of the project is 160 kilometers long, and the investment is estimated to be approximately 10 billion yuan, and the Chinese side will be responsible for 85% of the investment. This project is the first project for Chinese railways to enter the EU market, marking that China's railway technology and equipment will enter the European market for the first time, and is of landmark significance for China's railway technology to enter the developed market. In April 2019, at the 2nd Belt and Road Forum for International Cooperation, senior leaders of China Railway and the Hungarian Prime Minister who came to the meeting held talks. The two sides exchanged in-depth exchanges on strengthening China-Hungary cooperation in the field of infrastructure construction. That month, the motion on the establishment of China Railway Hungary Co., Ltd. was unanimously approved by the China Railway Board of Directors.

Then in June 2019, China Railway Ninth Bureau Group Hungary Co., Ltd., China Railway Electrification Bureau Group Hungary Co., Ltd., a wholly-owned subsidiary of China Railway Group, and a local Hungarian company formed a joint venture and won the bid for Hungarian Sholokshar (inclusive)— -The EPC project for the upgrade of the Klebbio (Border) Railway. The winning bid amount is approximately US$2.079 billion, which is approximately RMB 14.333 billion. The contracting of about 20 billion railway construction projects has given China Railways a foothold in the European market, and has also accelerated China Railways' further expansion of overseas markets.

The establishment of the China Railway Hungary Regional Headquarters is a concrete measure to further promote the reform of China Railway's overseas systems and mechanisms, implement the overseas "double excellence" development strategy, and accelerate the construction of the regional headquarters. As an important carrier of China Railway's European business, the Hungary regional headquarters is responsible for the important mission of developing the market. The establishment of the regional headquarters is of great significance for integrating regional operations and production resources, and deepening the development of Hungary and the surrounding markets. An important step. From the data of Chinese enterprises along the Belt and Road, in the first half of 2021, the value of newly signed foreign contracted projects was 383.71 billion yuan, a year-on-year decrease of 9.5%, accounting for 53.7% of the total in the same period; the completed turnover was 254.67 billion yuan, a year-on-year increase of 1.8 %, accounting for 57.9% of the total over the same period. In the first half of the year, China Railway Group achieved revenue of 25.127 billion yuan in overseas regions, a year-on-year increase of 10.67%, and its operations in the industry and overseas markets are in the upper reaches.

Keywords: engineering construction, engineering news

The establishment of the China Railway Hungary Regional Headquarters is not only a new opportunity, but also a new challenge under the good situation of the continuous development of friendly exchanges and mutually beneficial and win-win cooperation in various fields between China and Hungary. In 2021, it will be China Railway Overseas A critical year for the implementation of institutional reforms. With the establishment of the China Railway Group Hungary Regional Headquarters, China Railway Group will continue to leverage its strong advantages in railway construction and bring the world’s most advanced technology and equipment to Hungary. With a win-win attitude and in accordance with the principles of internationalization and localization, Participate deeply in the economic construction of Hungary and neighboring countries, focus on high-quality co-construction of the Belt and Road Initiative, implement major inter-governmental cooperation projects, and make greater contributions to building a bridge of friendship between the two countries.Editor/Xing Wentao