Wenzhou Shoe Enterprises' "Going Global" Speed Up Various Forms.

"Going global" is more extensive.

From 1 to June this year, 25 new overseas institutions have been set up in Wenzhou city. The total investment of China is 87 million 494 thousand and 500 US dollars, and 90.20% of the annual investment task has been completed.

The pace of "going global" is accelerating and forms are diverse.

From the overseas commodity city, the commodity exhibition center, the establishment of overseas institutions and overseas investment factories, to the acquisition of overseas enterprises, overseas resources development, overseas listing financing, and the establishment of overseas industrial parks, etc., the investment way of "going out" of Wenzhou's private sector has shown more diversification, wider investment areas and diversified investment fields, and the pace of "going out" has also accelerated significantly.

Last year alone, 47 new overseas enterprises were added to Wenzhou's enterprises, and overseas investment exceeded 145 million US dollars, a sharp increase of 96.3% over the same period last year.

This year, Wenzhou's overseas investment continued to maintain strong growth momentum.

Among them, the greater number of handwriting is that Hai Sun Group Limited invested 9 million 900 thousand US dollars in Hongkong, set up Martha Group Co., Ltd., Wenzhou Star Investment Co., Ltd. invested $9 million 800 thousand in Egypt to set up Egypt Star Industrial Co., Ltd.; Qingshan Holding Group Co., Ltd. invested 5 million 880 thousand U. s.dollars in Indonesia to set up Nickel Industry Co., Ltd., the total investment of this project reached US $120 million. In mid July, the Russian St Petersburg bonded logistics park, which was led by Wenzhou Yueqing government, and 10 enterprises in Yueqing, was reported to the relevant departments. The project invested a total of 100 million US dollars, which is another major move for Wenzhou private enterprises to open up the Russian market.

According to statistics, in the first half of this year, China accounted for 64% of the total investment of more than US $1 million.

Chen Jian, deputy director of Wenzhou Municipal Bureau of foreign trade and economic cooperation, said that since this year, Wenzhou private enterprises have made full use of international and domestic "two markets and two resources", and used various overseas investment ways to quicken the pace of "going out".

Among them, there are several outstanding points: first, the implementation of large-scale overseas investment projects.

For example, an enterprise in Yueqing invested $21 million 550 thousand to buy a French company as a whole. Two, there was a new addition to the overseas industrial park project. Wenzhou hahan shoes industry was going to build a footwear industrial park in Nigeria. At present, the relevant work of the project approval has been started; three, the overseas commodity city has gradually changed its business mode. After years of mature operation, Wenzhou's offshore commodity city has begun to pform from the output of simple price advantage products to the output of brand superiority products, and the function of overseas commodity cities has been integrated and promoted.

A few days ago, Wenzhou's first overseas Wenzhou famous and special product exhibition center opened successfully in Malaysia.

Recently, the "Wenzhou famous shopping center" in Losangeles China commercial and Trade Center is also actively attracting investment in Wenzhou.

In March 30th this year, Xi Jinping, member of the Standing Committee of the Political Bureau of the CPC Central Committee and a vice chairman of the CPC Central Committee, who visited the four countries in Europe, arrived at Vladivostok, capital of the Russian coastal border area, to attend the Symposium on Sino Russian economic and trade cooperation area, and heard the report of Wenzhou mayor Zhao Yide on the construction of Wenzhou's overseas cooperation area and the "going out" work.

Xi Jinping urged Wenzhou to speed up the pace of "going out", not only becoming a "local Wenzhou", "Wenzhou of the whole country", but also a better development of "Wenzhou of the world".

Chen Jian believes that the diversified pattern of overseas investment in Wenzhou has been formed, and it has positive significance for upgrading the economic structure of Wenzhou and promoting pformation and upgrading.

{page_break}

Government helps to effectively promote

In the process of speeding up the "going out" process of Wenzhou enterprises, about about 600000 of Wenzhou people are spread across 198 countries and regions in the world. This is a huge network advantage of Wenzhou.

At the same time, we can see that the "visible hand" of the Wenzhou government is actively pushing behind the "going out".

As a government department responsible for the "going out" of Wenzhou enterprises, Wenzhou foreign trade and Economic Cooperation Bureau actively helps enterprises to declare various kinds of project support to the Ministry of Commerce, actively organize enterprises and trade associations to conduct field visits overseas, help enterprises to coordinate and solve the main problems faced after entering overseas Parks, and actively publicize and build various trade exhibition platforms.

This year, Wenzhou enterprises' "going out" support fund has increased from 6 million yuan last year to 17 million 500 thousand yuan.

At the same time, Wenzhou will also introduce the "2010 year" special fund management strategy for "going out" strategy and the financial support measures for Wenzhou's overseas marketing system construction, so as to further enhance the support for "going out" enterprises and projects.

In June this year, the Wenzhou Municipal Foreign Trade and Economic Cooperation Bureau also carried out a comprehensive review of the status quo of Wenzhou's "going out" over the past years, and surveyed the existing overseas institutions in accordance with normal operation, suspension and cancellation. The main industries, countries, regions and modes of foreign investment were classified, and the trend of Wenzhou's "going out" development in the next few years was also determined.

This month, the Wenzhou municipal government will introduce Wenzhou's "going out" strategic plan and relevant work plan to make overall arrangement of "going out" from the perspective of strategic planning, so as to make this work more scientific and targeted.

According to the relevant personages of Wenzhou Municipal Foreign Trade and Economic Cooperation Bureau, Wenzhou will also carry out a series of activities to enter Africa in the next step, and strive to make this event a major brand for Wenzhou to carry out investment and trade activities overseas.