Sino-Canada Excellence Management Centre created to assist globalization of China’s high-speed railway

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From left: Huang, Shideng – Dean of School of Economics and Management, Southwest Jiaotong University, Jeff David – Consul General of Canada in Chongqing, Xu, Fei – President of Southwest Jiaotong University, Xu, Tao – President of Onria Education & Career Development Foundation, Glan Quanqi Chen – Associate Director, Schulich Executive Education Centre, Schulich School of Business

(National Business Daily) – International education platform Sino-Canada Excellence Management Center was launched on Saturday at the Sixth Summit on Globalization Strategy of China’s High-Speed Railway.

The Summit, held at Southwest Jiaotong University in Southwest China’s Chengdu city, has attained increasing achievements and wider influence since its establishment in 2013.

The Sino-Canada Excellence Management Centre is jointly initiated by the School of Economics and Management of Southwest Jiaotong University, the Schulich Executive Education Centre, School of Business at York University, and Onria Education & Career Development Foundation. The centre will focus on building business platforms for upstream and downstream enterprises along the rail transport industry chains of both countries, promoting each other’s development.

Southwest Jiaotong University, in terms of national awards received in the field of rail transport, ranks first among China’s universities, research institutes and industry enterprises. The university’s School of Economics and Management has rich resources in local management training as well.

The Schulich Executive Education Center, which is part of the Schulich School of Business, Canada’s preeminent business school, which has rigorous academic research and solid experience in industry training. It will help the Sino-Canada Excellence Management Center as it looks to do research and provide high-level talent, consulting and training services to the two countries’ governments, enterprises, educational organizations and business associations in the future.

Integrating think tank resources from China and Canada into an international platform can help spread advanced methods of management and training. More importantly, it will not only help Chinese enterprises “go global”, but also bring in high-quality overseas enterprises.

The Sino-Canada Excellence Management Center has already conducted research on topics such as improvement of government administration and leadership, assessment of innovation and entrepreneurship potential, and global perspective for Chinese enterprises.

For the last decade, China’s high-speed railway has not only connected the whole country, but also entered the global stage. As Xu, Fei, president of Southwest Jiaotong University, put it, China’s high-speed railway has become an important engine in pushing forward the Belt and Road Initiative and building a “community of shared future” for mankind”.

But Xu, Fei also points out that the globalization of China’s high-speed railway industry is still facing many uncertainties and regulatory risks. He advised the summit, which is being developed into an influential think tank, to further explore several questions in the future.

The first is taking specific measures in accordance with policies of different countries to respond to, circumvent, regulate and solve existing and potential risks faced by the high-speed railway’s overseas endeavors.

The second is exploring ways to maximize the overall strengths of China’s high-speed railway industry and enhance the assembling ability of the industry chain to make it more competitive globally.

Other important issues include improving policy support to facilitate the globalization of China’s high-speed railway industry, and promoting shared prosperity, especially inclusive development for less developed countries and emerging economies.

The Seventh Summit on Globalization Strategy of China’s High-Speech Railway will be held in Canada in 2019.

This is a translation of an article originally published in China’s National Business Daily on Oct. 17, 2018.

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