Case Research On The Dominant Logic Of The International Development Of Jiangxi Construction Engineering

At a crucial moment when we are marching towards the “Second Centenary Goal”,the changes that are consequential to the world,time and history are taking place in an unprecedented way.Peace,development,win-win cooperation are the historical trend,the popular sentiment and the general trend.However,the world economy remains sluggish,the global market is shrinking,trade protectionism is rising,and some developed countries are carrying out anti-globalization strategies.These problems which make the pursue of the world development unstable and uncertain.After forty years’ Reform and Open Policy,China has achieved the status of the world’s second largest economy.The development model must be fine-tuned and more reliance should be made on the large-scale domestic market and a complete industrial system to complete the internal cycle,which is the main part.At the same time,we should make good use of economic connectivity and exchanges in the international market,which is an important supplement.Domestic and foreign countries must complement each other,and ignoring any one will not achieve better development.In terms of international circulation,there’s still enough room for improvement in the infrastructure market.The development of new business forms such as the carbon peaking and neutrality economy,digital economy both require greater investment in internet,5G,big data,intelligent and energy conservation manufacturing,which provide numerous opportunities for the economic development of China and Chinese enterprises going abroad.For a long time from now on and in the future,infrastructure,as a kind of global public good,requires the joint efforts of governments,financial institutions and relevant enterprises all over the world to find certain operation mode which is suitable to national conditions and can realize new development through market-oriented operation and international cooperation.Although in great demand,due to the COVID-19 pandemic and regional conflicts,the global energy supply is tight and the economic recession is triggered.All countries are facing with budget constraints and financial difficulties.How to turn the opportunities into reality is an urgent task to be tackled.As a state-owned construction company which has more than seventy years history,Jiangxi Construction Engineering Co.,Ltd has experienced the double baptism of planned economy and market economy.After the completion of mixed ownership reform in 2010,it has blossomed vitality,rising to the top 500 Chinese enterprises,the top 10 Jiangxi enterprises,and the world’s largest 250 international contractors of ENR.On the path of international development,Jiangxi Construction Engineering Co.,Ltd also has its unique development process and experienced lessons,which are worth in summarizing systematically.Case text follow the timeline,reviewed the four major stage in the internationalization developmental process of Jiangxi Construction Engineering Co.,Ltd by providing detailed descriptions of key events.Case analysis use the internal & external environment and situation,summarize the different dominate logic of each stage in the internationalization developmental process and systematically discuss that the senior managers make different strategic cognition to themselves and the surrounding situations,adopt different development strategies,find the starting point through logical breakthrough,and then make a series of management strategy adjustments so that the scale and quality of the enterprise have been improved and developed continuously.The case solution section proposes constructive solutions for the development of Jiangxi Construction Engineering Co.,Ltd from two aspects,strategic planning and implementation path,providing relevant reference for the company’s subsequent development.