Analysis of Cross-Border Enterprise Cooperation Cases under the Belt and Road Initiative——Take the Padma Bridge of China Railway Group as an Example

Abstract

During the high-quality development process of the "Belt and Road Initiative", Chinese multinational enterprises, represented by central enterprises, have become the core carriers for infrastructure connectivity and international production capacity cooperation. The Padma Bridge, as a major national project of Bangladesh and a landmark project of the "Belt and Road" in South Asia, is a typical sample of China Railway Group's cross-border infrastructure cooperation carried out under complex institutional environments and harsh geological and climatic conditions. This paper, based on the resource-based theory and the scale economy theory, adopts the single-case in-depth Research method and the PEST analysis framework to systematically analyze the business environment identification, risk response, cost control, technological innovation and local integration strategies of China Railway Group throughout the project's entire life cycle. The research finds that China Railway Group effectively overcomes the institutional distance, resource constraints and environmental constraints of the host country through dynamic political risk prevention and control, economic scale effect release, deep social and cultural integration, and independent innovation of the technical system, achieving the collaborative creation of project commercial value, social value and strategic value. The project not only directly drives the GDP growth of Bangladesh, reconstructs the national transportation network and creates large-scale employment, but also promotes the upgrading of China Railway Group's internationalization capabilities, the breakthrough of technical barriers and the shaping of a global brand. This paper constructs a business environment identification-cooperation strategy adaptation-scale economy realization-multidimensional value creation" analysis framework for cross-border infrastructure cooperation, extracts replicable practical experiences, provides theoretical references and practical guidance for Chinese enterprises "going global", and enriches the research system of cross-border enterprise cooperation cases of the "Belt and Road Initiative".