BUSINESS AND DEVELOPMENT STRATEGIES IN CHINA

INFERENCES BASED ON THE EVOLUTION OF SINOPEC

Authors

  • Rubia Cristina Wegner Universidade Federal Rural do Rio de Janeiro (UFRRJ)
  • Marcelo Universidade Federal Rural do Rio de Janeiro

DOI:

https://doi.org/10.5752/P.2317-773X.2021v9n1p70-93

Keywords:

Empresa chinesa, Sinopec, Indústria de óleo e gás, Multinacional, Desenvolvimento nacional

Abstract

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.

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Author Biographies

Rubia Cristina Wegner, Universidade Federal Rural do Rio de Janeiro (UFRRJ)

Mestre em Desenvolvimento Econômico pelo Instituto de Economia da Universidade Estadual de Campinas.
Professora Assistente e coordenadora do curso de Ciências Econômicas da Universidade Federal Rural do Rio de Janeiro (UFRRJ). Bolsista de Extensão no País SA. Foi bolsista do IPEA (PRO- -MOB) no projeto “Estrutura Socioeconômica e Políticas para a Integração da América do Sul”. Participou do projeto “Perspectivas do Investimento no Brasil” (BNDES) com o tema “Perspectiva do Investimento na dimensão do Mercosul
e da Integração da América Latina. ORCID ID : 0000-0002-4824-8414

Marcelo, Universidade Federal Rural do Rio de Janeiro

Economista, doutor em Economia pela Universidade Federal Fluminense (UFF/RJ). Atualmente é professor Associado II do curso de Ciências Econômicas da Universidade Federal Rural do Rio de Janeiro (UFRRJ) e do Programa de Pós-graduação em Economia Regional e Desenvolvimento (PPGER/UFRRJ). Membro do Conselho Consultivo do Centro Brasileiro de Solidariedade aos Povos e Luta pela Paz (CEBRAPAZ). ORCID ID: 0000-0003-4550-8564

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Published

2021-04-29

How to Cite

Wegner, R. C., & Marcelo. (2021). BUSINESS AND DEVELOPMENT STRATEGIES IN CHINA: INFERENCES BASED ON THE EVOLUTION OF SINOPEC. Estudos Internacionais: International Relations Journal of PUC Minas, 9(1), 70–93. https://doi.org/10.5752/P.2317-773X.2021v9n1p70-93

Issue

Vol. 9 No. 1 (2021): ESTUDOS INTERNACIONAIS - ABRIL

Section

Artigos

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