文章基本信息

标题：Business and development strategies in China: inferences based on the evolution of SINOPEC
本地全文：下载
作者：Rubia Cristina Wegner ; Marcelo Pereira Fernandes
期刊名称：Estudos internacionais: revista de relações internacionais da PUC Minas
印刷版ISSN：2317-773X
出版年度：2021
卷号：9
期号：1
DOI：10.5752/P.2317-773X.2021v9n1p70-93
语种：English
出版社：Estudos internacionais: revista de relações internacionais da PUC Minas
摘要：The purpose of this paper is to present Sinopec in the context of the transformations of property organization in China, especially the constitution of the business sector under long-term national development strategies. A hypothesis is that the growth of a large state-owned enterprise in China is on the one hand, the benefits of state support and on the other, the constraints imposed by such benefits on its business strategies of profitability and efficiency. In order to confirm this hypothesis, we analyze the evolution of the oil and gas sector in China, from the point of view of the formation of its large companies. Next, Sinopec indicators, relate to the company’s financial development and strategies, are analyzed for the period 1999 to 2016. We sought to highlight the evolution of the company’s indicators compared to the national strategies adopted. Results show that Sinopec remains dependent on the national economic development strategies.