Proceedings of the 2024 6th Management Science Informatization and Economic Innovation Development Conference (MSIEID 2024)

Innovative Strategies and Adaptive Evolution of Chinese International Contractors in the Belt and Road Initiative: Integrating Social Network and Supply Chain Theories

Authors
Jiaxin Huang1, *, Xiaowen Fu1
1Department of Industrial and Systems Engineering, The Hong Kong Polytechnic University, Hong Kong, China
*Corresponding author. Email: 19099897g@connect.polyu.hk
Corresponding Author
Jiaxin Huang
Available Online 15 April 2025.
DOI
10.2991/978-94-6463-676-5_5How to use a DOI?
Keywords
Supply Chain Integration; Social Network Analysis; International Engineering Projects; Procurement Management; Stakeholder Relationships; EPC Model
Abstract

In an era of unprecedented global economic integration and technological advancement, the role of international engineering contracting has never been more pivotal. As China accelerates its global outreach through the “Going Global” strategy and the ambitious “Belt and Road” Initiative, a dramatic shift is occurring in how Chinese firms approach and execute international projects. The EPC (Engineering, Procurement, and Construction) model, renowned for its strategic flexibility and resource integration capabilities, has emerged as a game-changer in this evolving landscape. This model not only facilitates deeper economic connections between China and the global market but also unlocks novel avenues for market expansion and investment, thus driving the rapid internationalization of Chinese enterprises.

In this transformative context, optimizing procurement management and integrating supply chain strategies have become critical levers for achieving project success. This study pioneers a novel exploration into how the Belt and Road Initiative impacts the global expansion of Chinese firms through an innovative examination of procurement management and supply chain integration within international EPC projects. By employing cutting-edge social network analysis techniques, the research unveils intricate stakeholder interactions and procurement dynamics, offering a fresh and comprehensive perspective on network-driven strategic optimization.

The integration of supply chain management principles into the EPC model enhances procurement efficiency and project outcomes by streamlining processes and fostering effective coordination among stakeholders. This approach delivers groundbreaking insights into how relational networks and structural configurations influence procurement efficiency and project success. The study significantly contributes to both theoretical advancements and practical applications in the dynamic global environment, illustrating the crucial role of supply chain integration in driving international project success under the Belt and Road Initiative.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2024 6th Management Science Informatization and Economic Innovation Development Conference (MSIEID 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
15 April 2025
ISBN
978-94-6463-676-5
ISSN
2352-5428
DOI
10.2991/978-94-6463-676-5_5How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Jiaxin Huang
AU  - Xiaowen Fu
PY  - 2025
DA  - 2025/04/15
TI  - Innovative Strategies and Adaptive Evolution of Chinese International Contractors in the Belt and Road Initiative: Integrating Social Network and Supply Chain Theories
BT  - Proceedings of the 2024 6th Management Science Informatization and Economic Innovation Development Conference (MSIEID 2024)
PB  - Atlantis Press
SP  - 33
EP  - 46
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-676-5_5
DO  - 10.2991/978-94-6463-676-5_5
ID  - Huang2025
ER  -