Overseas ports of China: evolution, geography, investment structure.

Abstract

The beginning of the formation of a targeted process of using overseas Chinese port investments was stimulated by the new national policy of openness to the outside world, the strategy of "Going global". Over the past two decades, China's port industry and shipping have developed rapidly due to integration into the world economy, as well as the rapid development of China's own economy and foreign trade. Taking full advantage of the experience and advantages of building ports inland, China is promoting the improvement of port infrastructure in countries along the Maritime Silk Road, which contributes to the development of the port industry and the economy of the hinterland in the host country. At present, China regards the 21st century Maritime Silk Road as a new concept and an important strategy for national development, establishing a new international economic and political order. Forms of cooperation with countries in terms of port construction are diverse and effective. The article provides a periodization of the investment development of foreign port construction by Chinese capital, due to the influence of state policy and development strategies of the PRC. Although the current geographical structure of China's overseas port investment is highly decentralized, it covers the global shipping area and covers strategic maritime regions, straits and bays. The overseas port structure of China is analyzed in the article from the point of view of regional distribution by types of investment projects, the capital ratio of Chinese companies, ways and mechanisms of China's entry into foreign ports.