«One Belt - One Way»: Characteristics of the Largest Partner Companies of the Project

Abstract

The global economic development project, called «the Silk Road», as well as «the One Belt — One Road» initiative, implemented on the basis of an initiative of the PRC government, combines many areas and individual projects. Each of them — the northern, southern and marine ones, requires significant investments and sound political decisions. The PRC is working in this direction today, redistributing resources for development of each branch of «the Silk Road». The confidence in the need of developing not only the economy, but also the socio-social relations, the culture of the territories of penetration, creates special requirements for both direct developers and companies implementing projects in terms of the global initiative. In the annual summaries of economic and exchange news, of course, a special place is occupied by information about the leaders of the project. Among dozens of the leaders, one can single out the top three companies that have made a massive investment breakthrough over the past three years. Among these companies is the All-China Civil Engineering Corporation operating on the open market since 2007 after a series of structural transformations of the largest leaders in construction and oil sectors. The second place is occupied by the company «Chinese Railways», the number of personnel of which today exceeds 10 million people. The third place belongs to the Chinese Railway Construction Company, as the successor to the Chinese Railway Engineering Corps. These three leaders in this article are analyzed on the basis of exchange indicators (all companies have the form of public companies), as well as financial reporting indicators. To compare the activity intensity of the silk road investors, the article presents the data of the Russian PJSC «Gazprom».