久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

USEUROPEAFRICAASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Opinion Line

SMEs band together to expand into B&R countries

By Zhao Manfeng | chinadaily.com.cn | Updated: 2017-05-25 18:34

SMEs band together to expand into B&R countries

A visitor checks a bracelet at a previous fair for small and medium-sized enterprises in Guangzhou. Photo provided to China Daily

When the Ningbo-based dyed mélange yarn provider Bros Eastern first thought of investing in Vietnam, the company established a subsidiary as its production base in 2012.

In its early days in Vietnam, the manufacturer used a consulting service to help choose a site location, negotiate with the government and navigate legal and banking issues.

After the second phase of the subsidiary, Brotex (Viet Nam), went into operation and started selling.

During its third phase, the company secured a $40 million loan - $28 million from the Ningbo Branch of Bank of China and $12 million from Ho Chi Minh Branch.

Brotex later established the Phuoc Dong Business Park-Ningbo Park in cooperation with another Ningbo textile company, Shenzhou International Group. The park encouraged textile and clothing enterprises to move to the Vietnam industrial park to find their feet. Brotex started to act as the Vietnamese liaison office for its fellow Ningbo enterprises.

Brotex is just one example of a Chinese small and medium-sized company helping others in their field expand overseas to countries involved in the Belt and Road Initiative.

"With the rising opportunities brought by the Belt and Road Initiative, a new trend on Chinese companies' road towards going global is that more small and medium-sized enterprises have been attracted to group together, heading to the overseas market,"said Ren Yueyuan, a researcher at the Center for China and Globalization.

Proposed by President Xi Jinping in 2013, the Belt and Road Initiative aims to promote the inter-connectivity between Asia and the rest of the world through two ancient trade routes, the Silk Road Economic Belt and the 21st Century Maritime Silk Road.

According to Ministry of Commerce data, China's trade with economies involved in the Belt and Road Initiative grew 26.2 percent year-on-year in the first quarter of 2017.

During the same period, China's non-financial outbound direct investment in 43 economies involved in the initiative reached $2.95 billion, accounting for 14.4 percent of the country's total outbound investment.

"Compared with large enterprises, SMEs are more cost sensitive and care more about short-term returns. In order to facilitate their overseas operations and solve their concerns, a good practice is for them to gather together to lower cost and risks," Ren said.

China’s 2011 regulations on SMEs established different definitions of SMEs in different industries based on the number of employees, revenue and total assets.

For example, according to the guidelines for the industrial sector, SMEs employ a maximum of 2,000 people and have an annual revenue not exceeding 300 million yuan ($43.66 million), Professor Wei Jiang from the School of Management at Zhejiang University, said.

"Due to SME's limitation of size and capital, support from the government level and cooperation with public sectors are important for them to go global," Wei said.

"Apart from gathering together all the SMEs to forge an industrial park like what Bros Eastern did, SMEs could also integrate to projects opened up by SOEs (State-owned enterprises)," Ren said.

SOE's efforts should be matched with support from SMEs in the construction of infrastructure, such as high speed trains in Africa. For example, every high speed train needs more than 100,000 parts which is impossible for the CRRC Corporation alone. In that case, the CRRC Corporation could be the leading enterprise to guarantee financing and loans for its supporting SMEs, either domestic or overseas subsidiaries, to gain access to policy-based financial resources, according to Ren.

Advantages of SMEs, such as their fast production cycle, flexible corporate governance and low costs, could be maximized in their integration with the Belt and Road Initiative, Wei said.

However, Wei also warned that there are risks for SMEs, such as the painful localization process and adjusting to different cultures, values, and institutions. There are also different law systems and regulations in different countries, as well as the labor issue, and capital guarantee.

Wei believes that to solve such difficulties, a series of services ranging from international financial and business services to personnel training must be provided to facilitate the localization of Chinese companies.

According to Wei's newly released book, Innovation Globalization of Chinese Firms, Chinese technology SMEs are facing an unsymmetrical status quo of lagged technology, institution and marketing. With a lack of international talents, Chinese technology SMEs must adopt a smart and globalized administration system to catch up with their international peers.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    成人小视频免费在线观看| 91精品国产高清一区二区三区| 亚洲丝袜另类动漫二区| 一本大道综合伊人精品热热| 亚洲午夜久久久久| 欧美一区二区三区免费大片 | 在线观看日韩国产| 日韩av二区在线播放| 精品国产污污免费网站入口| 懂色av一区二区夜夜嗨| 一区二区欧美精品| 日韩一级免费观看| 粉嫩av一区二区三区粉嫩| 亚洲激情中文1区| 日韩欧美电影一二三| 豆国产96在线|亚洲| 亚洲综合免费观看高清完整版在线| 欧美欧美午夜aⅴ在线观看| 黄色精品一二区| 日韩理论片一区二区| 久久精品欧美一区二区三区不卡| 91婷婷韩国欧美一区二区| 视频精品一区二区| 国产丝袜在线精品| 欧美性极品少妇| 精品亚洲国产成人av制服丝袜 | 91片在线免费观看| 日韩电影在线免费看| 国产日产欧产精品推荐色| 欧美在线小视频| 国产在线精品一区二区三区不卡| 中文字幕在线观看不卡| 欧美老肥妇做.爰bbww| 国产精品一区在线| 亚洲成人手机在线| 国产亚洲人成网站| 欧美日韩综合一区| 丁香啪啪综合成人亚洲小说| 午夜成人在线视频| 一区在线观看视频| 欧美变态凌虐bdsm| 在线观看日韩国产| 国产91对白在线观看九色| 亚洲成av人片一区二区三区| 国产午夜精品久久久久久免费视| 欧美三级三级三级| 成人免费三级在线| 美腿丝袜亚洲综合| 亚洲自拍偷拍图区| 中文乱码免费一区二区| 欧美一区二区三区爱爱| 一本大道久久精品懂色aⅴ| 狠狠色丁香久久婷婷综合_中| 亚洲综合在线观看视频| 国产精品青草久久| 精品国精品自拍自在线| 欧美色综合网站| 99re热视频精品| 国内偷窥港台综合视频在线播放| 亚洲自拍另类综合| 中文字幕 久热精品 视频在线| 日韩欧美电影一区| 欧美精品久久久久久久久老牛影院| 91丨九色丨蝌蚪丨老版| 国产福利91精品一区二区三区| 男女性色大片免费观看一区二区 | gogo大胆日本视频一区| 精品一区二区三区免费视频| 午夜精品一区二区三区三上悠亚| 亚洲欧美影音先锋| 国产农村妇女毛片精品久久麻豆| 欧美大片国产精品| 91精品在线一区二区| 欧美四级电影网| 色哟哟一区二区三区| 成人va在线观看| 国产91精品一区二区麻豆网站| 精品一区二区久久| 麻豆91精品91久久久的内涵| 三级亚洲高清视频| 午夜精品免费在线| 亚洲福利电影网| 一区二区三区免费看视频| 国产精品成人一区二区艾草| 中文在线资源观看网站视频免费不卡| www成人在线观看| 精品国产91久久久久久久妲己| 日韩美女视频一区二区在线观看| 91麻豆精品国产综合久久久久久| 日韩毛片视频在线看| 国产精品久久久久久久第一福利 | 国产亚洲欧美激情| 欧美精品一区在线观看| 欧美成人精品二区三区99精品| 日韩一级精品视频在线观看| 欧美一区二区视频在线观看2020 | 日韩精品在线一区| 欧美成人女星排名| 精品国产a毛片| 久久综合久色欧美综合狠狠| 26uuu欧美日本| 久久久美女毛片| 久久久99免费| 日本一区二区动态图| 国产精品嫩草久久久久| 综合激情成人伊人| 亚洲美女在线一区| 亚洲国产精品人人做人人爽| 亚洲成a天堂v人片| 青草av.久久免费一区| 久久精品免费观看| 国产九色精品成人porny| 国产福利91精品一区| 成人高清免费观看| 色诱视频网站一区| 欧美日韩卡一卡二| 日韩美女主播在线视频一区二区三区| 精品久久一区二区| 欧美激情一区二区三区蜜桃视频| 中文字幕亚洲欧美在线不卡| 亚洲欧美日韩成人高清在线一区| 亚洲综合精品久久| 免费观看成人鲁鲁鲁鲁鲁视频| 韩国女主播一区| www.久久精品| 欧美日韩一区二区三区四区| 欧美一区二区日韩一区二区| 精品久久国产字幕高潮| 中文字幕乱码一区二区免费| 亚洲精品视频免费观看| 日韩黄色小视频| 国产美女精品在线| 91色视频在线| 69av一区二区三区| 久久久国产精品午夜一区ai换脸 | 中文字幕日韩一区| 玉足女爽爽91| 蜜臀av一区二区在线免费观看| 国产精品一区在线观看乱码| 91在线看国产| 欧美丰满嫩嫩电影| 久久久久久久久免费| 亚洲欧美另类小说视频| 日韩中文字幕区一区有砖一区 | 国产午夜精品理论片a级大结局| 国产精品久久久久久久久快鸭| 亚洲一级不卡视频| 精品一区二区三区在线观看| 99久久精品99国产精品 | www久久久久| 亚洲欧美视频在线观看视频| 日本美女一区二区三区视频| 国产999精品久久久久久| 欧美亚洲另类激情小说| 2020国产精品| 一区二区三区丝袜| 韩国精品一区二区| 在线观看www91| 久久综合久久久久88| av亚洲精华国产精华| 91精品国产一区二区三区| 国产精品丝袜91| 日韩成人一区二区| www.99精品| 日韩视频中午一区| 亚洲日本青草视频在线怡红院| 久久精品99国产精品日本| 91麻豆自制传媒国产之光| 欧美成人aa大片| 亚洲制服丝袜在线| 国产传媒日韩欧美成人| 欧美美女喷水视频| 中文字幕一区二区三中文字幕| 美日韩黄色大片| 欧洲国内综合视频| 国产视频911| 日本亚洲免费观看| 91九色最新地址| 欧美国产亚洲另类动漫| 日本不卡的三区四区五区| 97se亚洲国产综合在线| 久久日韩精品一区二区五区| 午夜a成v人精品| 91日韩一区二区三区| 国产性色一区二区| 美女网站一区二区| 欧美色精品在线视频| 中文字幕亚洲视频| 国产福利一区在线观看| 日韩美女在线视频 | av网站一区二区三区| 精品成人私密视频| 天天综合日日夜夜精品| 99久久精品免费精品国产| 久久久久久免费网| 毛片av一区二区| 欧美美女直播网站| 亚洲精品亚洲人成人网| 成年人午夜久久久| 国产偷v国产偷v亚洲高清 |