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Chinese enterprises have withdrawn from the bidding for high-speed railways in Bulgaria and photovoltaic in Romania, which has given Chinese enterprises two wake-up calls

In the tide of economic globalization, Chinese enterprises are actively "going global" and participating in international market competition, bringing high-quality and efficient products and services to all parts of the world.

Chinese enterprises have withdrawn from the bidding for high-speed railways in Bulgaria and photovoltaic in Romania, which has given Chinese enterprises two wake-up calls

Some developed countries and regions have implemented various forms of discriminatory policies and unfair treatment against Chinese enterprises in order to protect the interests of local enterprises, which not only violates the principle of fair competition, but also hinders the process of globalization and harms the common interests of all countries.

Recently, the EU has frequently used the so-called "foreign subsidies regulations" to conduct countervailing investigations against Chinese companies, which is undoubtedly a naked trade protectionist approach. According to the EU's logic, Chinese companies gain an "unfair" competitive advantage by virtue of state support. But in fact, this statement is completely slanderous and demeaning to Chinese companies.

Chinese enterprises have withdrawn from the bidding for high-speed railways in Bulgaria and photovoltaic in Romania, which has given Chinese enterprises two wake-up calls

Chinese enterprises can win many awards in the international market, relying on their own excellent product quality, advanced production technology and good service attitude, rather than relying on any "subsidies".

Huawei, for example, is a global leader in 5G technology, not from government subsidies, but from decades of precipitation and huge R&D investment. Another example is the high-speed rail manufactured by CRRC, which has become a model in the industry due to its excellent quality and advanced technology.

Chinese enterprises have withdrawn from the bidding for high-speed railways in Bulgaria and photovoltaic in Romania, which has given Chinese enterprises two wake-up calls

The Chinese government's support policies for enterprises are aimed at optimizing the business environment and encouraging innovation, rather than creating unfair competition for foreign companies. In fact, many developed countries have similar supportive policies that have not been criticized by the EU. This selective operation exposes the EU's double standards.

The EU's crackdown on Chinese companies will not only harm Chinese companies, but also hurt the EU's own interests. Chinese companies have a lot of investment and employment opportunities in Europe, and if they are subjected to discriminatory treatment, it will inevitably have a knock-on effect on the local economy. In addition, China is the EU's largest trading partner, and trade protectionism is not conducive to maintaining benign and mutually beneficial cooperation between the two sides.

Chinese enterprises have withdrawn from the bidding for high-speed railways in Bulgaria and photovoltaic in Romania, which has given Chinese enterprises two wake-up calls

The EU's practice is clearly discriminating against and suppressing Chinese companies, with the aim of creating favorable conditions for local companies. However, this short-sighted behavior is not advisable. In this day and age, any business that wants to gain a foothold in the global market must have real core competencies and not rely on government protectionist policies.

As we all know, in recent years, many Chinese companies have gone abroad to do business. For example, Huawei, ZTE, Chinese banks, etc., their products and services are all over the world. Some people say that this is fishing in the ocean, but this is not the case.

Chinese enterprises have withdrawn from the bidding for high-speed railways in Bulgaria and photovoltaic in Romania, which has given Chinese enterprises two wake-up calls

We Chinese have always been upright and upright in doing things. Going overseas to do business is to participate in fair international competition. When our company bids, it is not just a low price to win orders. They take into account the local market environment, cost requirements, and other circumstances to provide products and services that truly value for money.

For example, Huawei's 5G equipment is not only reasonably priced, but also technologically advanced and of excellent quality. In this way, even if the initial investment is larger, the cost of use and maintenance will be much lower in the long run.

Chinese enterprises have withdrawn from the bidding for high-speed railways in Bulgaria and photovoltaic in Romania, which has given Chinese enterprises two wake-up calls

That's why many countries have chosen Huawei. Another example is that a Chinese bank can provide financial support and localized services for Chinese enterprises to "go global" by opening branches overseas.

It can be said that over the years, Chinese enterprises have established a good image and reputation on a global scale. They use practical actions to explain what it means to be "reasonable and value-for-money". These companies are down-to-earth and conscientious, rather than always suspecting that others have conspiracy and ulterior motives, like some people shouting to catch thieves.

Chinese enterprises have withdrawn from the bidding for high-speed railways in Bulgaria and photovoltaic in Romania, which has given Chinese enterprises two wake-up calls

Under the current complex international situation, Chinese enterprises often face many obstacles to "going global". Out of ideological bias and to protect the interests of local enterprises, some Western countries have erected many obstacles for Chinese enterprises to invest and set up businesses overseas. However, Chinese companies have won the respect of the international arena by responding to challenges in a rational and pragmatic manner with their wisdom and resilience.

Chinese companies made wise choices on two important projects on the continent, triggering the end of the EU's countervailing investigation. This is a vivid portrayal of Chinese companies' principled and rational response to overseas obstacles.

Chinese enterprises have withdrawn from the bidding for high-speed railways in Bulgaria and photovoltaic in Romania, which has given Chinese enterprises two wake-up calls

The first case is the Bulgarian high-speed rail project. As a key project of the Belt and Road Initiative, this project was supposed to help promote China-Bulgaria cooperation, but it was treated unfairly.

In the face of high claims and unreasonable demands from the Bulgarian side, the Chinese company resolutely decided to withdraw from the project after careful assessment. This choice has undoubtedly closed the door to Bulgaria, and it has also sounded the alarm bell for those who are biased against Chinese companies.

Chinese enterprises have withdrawn from the bidding for high-speed railways in Bulgaria and photovoltaic in Romania, which has given Chinese enterprises two wake-up calls

The second case is the bidding for a photovoltaic power generation project in Romania. Although Chinese companies have submitted reasonable offers in accordance with commercial principles, they have been unreasonably attacked by some people with ulterior motives and accused of "maliciously lowering prices". In the end, in order to avoid being further involved in unnecessary disputes, the Chinese company chose to withdraw from the bidding for the project.

On the surface, these two incidents seem to be the "failure" of Chinese enterprises, but in fact they are a wise choice. Fair competition in accordance with market rules should be the basic premise for enterprises to participate in international projects.

Chinese enterprises have withdrawn from the bidding for high-speed railways in Bulgaria and photovoltaic in Romania, which has given Chinese enterprises two wake-up calls

Due to ideological bias and protectionist tendencies, some Western countries and enterprises have erected many obstacles to Chinese enterprises investing in their countries. Under such circumstances, Chinese enterprises have to make difficult choices, retreat and advance, and effectively protect their legitimate rights and interests.

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