Comparative analysis of external and internal factors influences on the innovative development strategies of Russian and Chinese railway industry companies

Currently, the issue of the company's innovative development is relevant in all areas of activity. Railway transport, which has one of the developmentvectors such as an innovative component, poses for itself the task of achieving high competitiveness through active innovative developments and implementations. This directionis influenced by external and internal factors, which should be taken into account while developing and implementing the company's innovative development strategy.