Win-win vision and commitment -- Caterpillar released "The Belt and Road" white paper

In November 29, 2016, Beijing &mdash Chinese; — 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 Belt and Road “ ” project five key success factors, namely, innovation, cooperation, sustainable development, risk management, local interests the relevant parties involved, and further elaborates how to support Caterpillar &ldquo in five key areas; The Belt and Road ” initiative, help the government, enterprises and all stakeholders to achieve mutual benefit and win-win.
Caterpillar vice president, Caterpillar (Chinese) Investment Limited company chairman Chen Qihua said: “ Caterpillar efficiency, on the basis of the construction of environmental and sustainability concerns with the government China Belt and Road Initiative ‘ ’ key development goals initiative highly fit. Caterpillar fully supports &lsquo Belt and Road Initiative; ’ 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 in the global scope of cooperation, help The Belt and Road ‘ ’ the smooth implementation of the project. ”
This white paper to promote &ldquo Belt and Road Initiative; ” the success of the project five key factors are as follows.
A. Promote innovation and industrial transformation: Caterpillar in the business model innovation, technology innovation, enterprise innovation and cultural advantages to help promote “ The Belt and Road &rdquo project implementation. Caterpillar's innovative business model and its corporate strategy include the business partners of the agents, suppliers and the value chain. This integrated approach can provide customers with the lowest cost of purchase and use, help customers succeed at home and abroad projects. 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.
Two. To coordinate the development of infrastructure: “ The Belt and Road ” project engineering in 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.
Three. To create sustainable influence: building a sustainable infrastructure network will be “ The Belt and Road &rdquo made a big initiative; key success factors. 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.
Four. Global experience and risk management tools for sharing: “ The Belt and Road ” initiative of 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 one of the the key factors of this initiative to succeed. As a global business, Caterpillar has developed a comprehensive and accurate risk management tools and processes, and the establishment of a financial risk management system and efficient communication network.
Five. Create value for local stakeholders: it is essential for local stakeholders to participate in and benefit from the success of any long-term project. Over the years, Caterpillar has been in The Belt and Road “ ” along with the enterprise and government established a strong and lasting partnership with &ldquo Belt and Road Initiative; ” promote the initiative, Caterpillar will further improve and strengthen the relations of cooperation, and actively contribute to the local community, making each stakeholder views able to cooperate with each other and target attitude into “ Belt and Road Initiative initiative to &rdquo.
Caterpillar in the white paper that the interconnection infrastructure is “ The Belt and Road ” a key 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 that openness and tolerance is “ The Belt and Road ” the core and foundation of the initiative. Caterpillar in its strategic vision in 2020 advocated the promotion of global development, promote free and open integration between the international market. 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 Belt and Road “ ” growth and development of a comprehensive and high quality along the countries and regions. A