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    Opening Up The "Second Battlefield", Zhejiang Enterprises "Going Out" To Solve The Dilemma Of Foreign Trade

    2008/8/25 10:47:00 28

    Clothing Zhejiang Independent Innovation

    Facing the complex and changeable external environment, Zhejiang enterprises survive in adversity by "Eight Immortals crossing the sea", actively implement the strategy of "going out" and invest abroad to alleviate the difficulties of foreign trade.

    Statistics show that in recent years, the speed of overseas investment of Zhejiang enterprises has accelerated significantly.

    The total amount of overseas investment and Chinese investment doubled in 2007 compared with 2006, while two figures in the first half of this year increased by 107.4% and 133.4% respectively over the same period last year.

    Increasing the pace of overseas investment by Zhejiang enterprises will not only help solve the current foreign trade predicament, but also become a new economic growth point for Zhejiang's foreign trade and economic cooperation.

      民企“一路高歌”成海外投資的主力軍

    According to statistics of Zhejiang provincial foreign trade and Economic Cooperation Department, in the first half of this year, 218 foreign investment projects approved by the government in Zhejiang amounted to 430 million US dollars, of which China's investment amounted to US $406 million.

    So far, Zhejiang has approved 3157 overseas projects approved by the government, with a total investment of US $2 billion 520 million, and the Chinese side has invested 2 billion 146 million US dollars in more than 120 countries and regions around the world.

    According to statistics, Africa and Southeast Asia are the most concentrated areas of overseas investment in Zhejiang, and the labor-intensive industries with relatively high degree of correlation with Zhejiang's regional economy are investment hot spots.

    Among the overseas investment projects approved in the first half of the year, there were 43 textile projects, and the Chinese side invested 120 million US dollars, which was 4 times the same period last year; 19 clothing items, and the Chinese side invested 75 million 870 thousand US dollars, 24 times the same period last year; 14 agricultural projects, and the Chinese investment exceeded US $20 million.

    Private enterprises are the absolute main force for Zhejiang enterprises to invest abroad.

    According to statistics, in the past five years, the main body of 2/3 investment in Zhejiang enterprises is private enterprises, with 3/4 coming from private capital.

    Every year, the proportion of private enterprises newly added to "going out" enterprises is over 95%.

      “八仙過海”開辟“第二戰場”

    The main way of Zhejiang's foreign trade enterprises to go abroad is to set up branches overseas.

    Zhejiang Xin Lei electrical and Mechanical Co., Ltd. in June this year, in cooperation with Italy counterparts in Milan to establish a separate factory, the Chinese side to provide parts, the Italian side assembly listing.

    Kangnai, a famous shoe manufacturer in Wenzhou, now has more than 200 stores or exclusive counters overseas.

    Overseas M & A is becoming the first choice for some financially powerful enterprises in Zhejiang.

    In February of this year, YOUNGOR (9.17, -0.15, -1.61%, bar) group completed the delivery procedures with the US KELLWOOD company about the assets list of Hongkong new Ma group.

    The $120 million acquisition is the largest overseas merger and acquisition case in China's textile and apparel industry so far.

    Many small and medium-sized enterprises have chosen the way of "going to sea" to "go out".

    Because small and medium-sized enterprises are too risky and costly to run factories abroad, one or several powerful enterprises take the lead in setting up development zones and industrial parks overseas, attracting clusters to enter.

    The Yue Mei group of Zhuji, Zhejiang has set up a textile development zone in Nigeria, and plans to introduce 15 upstream and downstream enterprises into the industry chain, forming a complete industrial chain from spinning, weaving, embroidery and knitting to the whole set of garments. It has attracted 6 textile enterprises in Shaoxing to invest in the past.

    At present, Zhejiang already has 4 state-level foreign economic and trade cooperation zones - Kangnai group Russia usurusk (China) economic and trade cooperation zone, HOLLEY group, Tai Zhong Luo Yong Industrial Park, Qianjiang investment company, Vietnam China Longjiang economic and trade cooperation zone, Geely Mexico China (Ningbo) Geely industrial economic and trade cooperation zone, ranking first in the country.

      “走出去”有助企業破解外貿困局

    The speed increase of Zhejiang enterprises investing in foreign countries is the result of the long-term development of export-oriented economy. It is also the inevitable choice for the current foreign trade environment and fierce competition.

    "Going out" opens up the "second battlefields" and brings three benefits.

    Effective avoidance of trade barriers.

    Xin Lei company successfully built a factory in Italy to avoid anti-dumping barriers, and the Vietnam US group's layout of Nigeria is also targeted at the local ban on the import of textile fabrics.

    Enhance brand value.

    The product of Italy factory of Xin Lei company has changed from made in China to made in Europe, and its price has increased by 50%. After Kangnai's shoes are widely distributed overseas, the retail price of products in Europe is more than 10 times the average export price of Chinese leather shoes.

    Improve the global layout.

    Through merger and acquisition, YOUNGOR group not only gets 14 production bases in Sri Lanka and Philippines and other countries, make its production and processing capacity up to 80 million, become the largest garment production enterprise in the world, and more importantly, it has got more than 20 well-known brands ODM (original design manufacturer) processing business, Nautica, Perry Ellis and other five licensing brands, a top team with decades of experience in international brand management and design experience, reaching the sales channels and logistics systems of hundreds of United States Department stores.

      政府打造政策優勢 助推企業“走出去”

    At the end of June this year, the general office of the Zhejiang Provincial People's government issued opinions on promoting the stable and healthy development of foreign trade in the whole province.

    Fifth of them expressly provide that enterprises should be encouraged to open up international markets.

    In depth implementation of the "going global" strategy, encourage enterprises to carry out all kinds of international standard certification and overseas trademark registration, support enterprises to attend overseas exhibitions and domestic key regional international exhibitions (Expo), promote enterprises to carry out overseas economic and trade cooperation park construction, set up marketing outlets overseas or production and processing enterprises, overseas projects, script src=>

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