Engaging with Chinese Companies for Sustainable Development Overseas
Whilst China is gaining increasing prominence in the international arena, Chinese government and private sector are shouldering more responsibilities. With the aim of being a responsible global actor, Chinese “going global” enterprises have to integrate sustainable practices into their business operation, in order to generate positive social and environmental results while pursuing economic returns.
Since 2013, UNDP China has been partnering with the Chinese Academy of International Trade and Economic Cooperation (CAITEC) under Ministry of Commerce and the Research Centre of State-owned Assets Supervision and Administration Commission of the State Council (SASAC) on the project of “Overseas Sustainable Development of Chinese Enterprises”. The project promotes an integrated approach to help Chinese enterprises build their capacity to tackle the challenges faced overseas and perform sustainable practices, while also establishes a platform for sharing and exchange to enhance mutual understanding between Chinese enterprises, relevant stakeholders, and the wider international community.
The 2017 Report on the Sustainable Development of Chinese Enterprises Overseas provides concrete analysis on the critical role of Chinese enterprises operating in the Belt and Road regions in supporting the host countries to realize the 2030 Agenda. more
Beyond Business - Chinese Enterprises Overseas, Sustainable Development and the Belt and Road Initiative
The project involves three major components ranging from policy level influence to practice-oriented actions, including a series of research publications, multi-stakeholder dialogues, and pilot projects.
In 2015, the three initiating parties broke new ground in the evaluation of the sustainable performance of Chinese enterprises overseas by releasing the 2015 Report on the Sustainable Development of Chinese Enterprises Overseas. The 2015 Report received wide attention from the international community – being launched first in Beijing, and later presented in Johannesburg, at OECD in Paris, and at UNDP headquarter in New York.
The second publication of the series – the 2017 Report on the Sustainable Development of Chinese Enterprises Overseas is launched during the Belt and Road Forum for International Cooperation on 14th May 2017, which sheds light into concrete analysis and recommendations on the potential impact of Chinese multinational enterprises on supporting the implementation of the 2030 Agenda for Sustainable Development in countries and regions along the Belt and Road.