Chinese Enterprises Gain More From ASEAN

With the deepening of the "one belt and one road" and the accelerated implementation of the upgraded China ASEAN Free Trade Area, the potential for economic and trade cooperation between China and ASEAN has been speeded up and cooperation has been deepened.

In recent years, some Chinese enterprises aiming at ASEAN market have been developing rapidly and have gained a lot.

With the deepening of economic and trade cooperation between China and ASEAN, these enterprises will face more opportunities for development.

Comprehensive release of cooperation potential

At the beginning of the reform and opening up, Jiangsu new Swiss shell Polytron Technologies Inc mainly distributes auxiliaries for printing and dyeing, and gradually grew into official authorized suppliers of KOH, Huntsman, BASF, Angkor, Klein, DuPont and other international brands of textile auxiliaries. Now it aims at the east alliance.

"In 2018, our export volume to ASEAN market increased by 200%, and we expect to grow more in 2019."

The deputy chairman and general manager of the company, Chu Xin, told an international business daily reporter that in recent years, with the rising cost of raw materials and labor in China, the pressure of energy conservation and environmental protection has been increasing, and the green barriers to international textile trade have been increasingly strengthened, and many textile enterprises have been pferred to the East League countries.

Since 2017, new Swiss shell has opened up markets in Bangladesh and Vietnam. Its annual export volume has increased from several hundred thousand yuan to nearly 10 million yuan. This year, it plans to set up branches in Vietnam and gradually expand to Kampuchea, Malaysia, Pakistan and other countries. The export target for ASEAN market is RMB 100 million yuan.

Business opportunities between China and ASEAN have sped up, pushing the rapid growth of trade volume between China and ASEAN.

According to statistics released by the General Administration of customs, ASEAN is China's third largest trading partner after the European Union and the United States in 2018, and its trade growth rate is far higher than that of the European Union and the United States by 7.9% and 5.7%, reaching 11.2%.

In addition to trade in goods, Sino ASEAN cooperation in trade in services is also deepening.

Zhang Zhe, chairman of Chengdu China Travel Group, said in an interview with an international business daily reporter that China and ASEAN are geographically similar, have cultural interconnections, rich tourism resources and are important tourist destinations.

Moreover, ASEAN's high-end tourism market has great potential for development. The development of tourism will promote the common aspiration of the people and promote the exchange of information flow, logistics and capital flow, so as to achieve mutual benefit and win-win results.

Li Xinhao, deputy director of the International Business Department of China Souther Grid Corp, told the International Business Daily reporter that ASEAN's economic development is relatively fast, and the demand for electricity is constantly increasing. The demand for power stations and power grids, electricity trade and other large demand has led to bilateral investment and trade growth.

Promote cooperation and go deep into reality

"In recent years, the favorable conditions for economic cooperation between China and ASEAN have been increasing, expanding the scale of economic and trade cooperation."

In the 2019 China ASEAN welcoming Spring Festival cooperation series, Xu Ningning, executive director of the China ASEAN Business Council, said that the favorable conditions were mainly reflected in six aspects: first, political mutual trust was enhanced; two, economic growth expanded the demand for cooperation; in 2019, the ASEAN economy was expected to grow by 5%; three, the two sides had the advantage of opening the market; four, the two sides had strong economic complementarity and large cooperation space; five, the two sides actively joined up, and the desire for cooperation increased; six, the two sides were adjacent to each other, with convenient pportation and cooperative location advantages.

How to further develop China ASEAN Economic and trade cooperation opportunities?

We should promote economic and trade cooperation between China and ASEAN from four aspects: first, make the development planning and policy docking work as meticulous as possible, help the industry identify the entry point and focus of cooperation, and complement each other in the cooperation, foster strengths and circumvent weaknesses; the two is to integrate the open market and industrial cooperation with the relevant economic fields, and enhance the docking and communication between the chambers of Commerce and trade associations of the RCEP regional members, so that "top level design" and enterprise actions can be more synergistic and enable business opportunities to be released better; three, mobilize the resources and enthusiasm of all parties to participate in cooperation, constitute an active situation in which the social forces participate in bilateral economic and trade cooperation; four, the business community must strengthen the norms and industry self-discipline, and vigorously enhance the quality of economic and trade cooperation. Xu Ningning said that in the new year, the two sides' economic development is faced with challenges and opportunities.

Zhang Lan, Deputy Secretary General of the people's Government of Jiaxing City, Zhejiang, told an international business daily reporter that China and ASEAN should further strengthen local cooperation and promote cooperation in order to consolidate the public opinion and local foundation for China ASEAN Economic and trade cooperation.

Bao Gang, Secretary of the Jiangsu Engineering Committee of Career Technical College, told the international business daily that with the deepening of the cooperation between China and ASEAN, we should pay more attention to the role of education and training.

It is necessary to "import", absorb foreign students and training projects from ASEAN, and "go out", actively go deep into ASEAN, go deep into factories to carry out training, improve workers' skills and comprehensive quality, and enhance the quality of economic and trade cooperation between China and ASEAN.