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iBusiness  2022 

Business Analysis of Business Competition of COSCO

DOI: 10.4236/ib.2022.144018, PP. 245-251

Keywords: COSCO Group, SWOT Analyze, Economic Development

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Abstract:

COSCO Group represents Chinese shipping companies and symbolizes the development of China’s shipping industry. The business analysis of COSCO Group’s business competition can enable us to have a deeper understanding of all aspects of the problems of a powerful shipping company and to learn more about how a successful company operates. COSCO Group’s development strategy comes from the shipping development plan of the entire country of China, which is the most representative state-owned shipping company. Based on the analysis of COSCO Group’s current development status and core competitiveness, this paper will analyze the threats COSCO Group has been subjected to in the development process and suggest suggestions. The core competitiveness is not just a slogan but has real guiding significance for practice. Based on the analysis of COSCO Group’s current development status and core competitiveness, this paper will analyze the threats COSCO Group has been subjected to in the development process and suggest suggestions. The core competitiveness is not just a slogan but has real guiding significance for practice. This paper holds that the success of COSCO Group is closely related to the development of China’s transportation industry, and the development of COSCO Group can promote China’s economic development to a large extent. This paper holds that the success of COSCO Group is closely related to the development of China’s transportation industry, and the development of COSCO Group can promote China’s economic development to a large extent.

References

[1]  M2 Presswire (2010). Bharat Book Bureau: Company Study of China Ocean Shipping Group (COSCO), 2009.
https://www.prlog.org/10489685-bharatbookcom-company-study-
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[2]  MENA Report (2017). China: COSCO Shipping Heavy Industry Secured $4.4b from China Eximbank.
https://www.seatrade-maritime.com/asia/china-eximbank-extends-
44bn-financing-facilities-cosco-shipping-heavy-industry
[3]  Guo, Y., et al. (2018). Analysis on Container Fleet Competitiveness after COSCO and China Shipping Reorganization Based on Multi-Attribute Decision Making. 2018 Chinese Control and Decision Conference (CCDC), 09-11 June 2018, 1020-1024.
https://doi.org/10.1109/CCDC.2018.8407279
[4]  Jiao, Z. L., et al. (2017). Contemporary Logistics in China: Reformation and Perpetuation. Springer Nature.
[5]  Van Marle, G. (2014). Shipping News—China Outlines Plan to Modernise Shipping Industry. Pakistan & Gulf Economist, 33, 36.

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