Looking For Pratt & Whitney'S "Good Recipe" In Wenzhou'S Experience

"In depth implementation of the" going out "strategy and expanding the development space of Chinese enterprises in a wider range, Wenzhou is pregnant with a great force.

Chen Jian, Vice Minister of Commerce, led a team to study the "going out" experience in Wenzhou. The Ministry of Commerce hopes to find a good formula for the policy of Wenzhou through the difficulties and problems encountered by private enterprises.

At yesterday's symposium, Kangnai, CHINT, Kazakhstan and other 10 star companies went out to tell the twists and turns they met.

According to the statistics of the Municipal Bureau of foreign trade and economic cooperation, by the end of 3 this year, our city has examined and approved 509 overseas enterprises and institutions, and more than 50 countries and regions spread over five continents.

Recommended reading since 1986, our city set up the first foreign company in Hongkong Hongkong Yan Dang Co., Ltd., Wenzhou enterprises "go out" pace has not stopped.

In the early days, the "going out" enterprises in Wenzhou were limited to establishing simple investment methods such as trading companies and launching marketing windows. Relying on about 500000 overseas Chinese from all over the world, Wenzhou became an economic phenomenon of "Wenzhou businessmen running around the world and Wenzhou products being sold all over the world".

After more than 20 years of development, Wenzhou's private enterprises have developed into international investment modes such as investment, plant development, resource development, mergers and acquisitions, overseas listing and establishment of strategic cooperation alliances.

Kazakhstan Footwear Company is a typical sample of Wenzhou's private enterprises "going out". The company successfully invested in Nigeria and bought Italy's famous shoe-making enterprises.

This year, the Kazakhstan shoe industry has signed an agreement with the Lai Chi free trade area of Lagos, Nigeria, to invest 500 million yuan in the area and build an "African shoe capital" which covers an area of 400 mu.

Speaking of "going out", the head of HA Shan shoe industry told Chen Jian, deputy minister, that the financing of small and medium-sized private enterprises in China is quite difficult, which to a certain extent constrained the "going out" of the hands and feet.

The head of CHINT group also said that when it wanted to take part in overseas bidding projects, the company also found that the lack of corresponding financing tools was an unavoidable problem.

It is understood that the offshore investment and financing services provided by our policy banks and commercial banks are still difficult to meet the needs of enterprises for various reasons.

In September 2006, Kangnai group and Heilongjiang Jixin industry and trade group joined the Russian Far East investment and construction Industrial Park to become one of the eight overseas industrial parks approved by the Ministry of Commerce.

Last year, the Industrial Park output was about 1000000000 yuan.

Zhong Puming, general manager of Kangnai group, also admitted: "the lack of operational talents is a key issue".

"In recent years, the Chinese brand" going out "is quite successful.

Wang Zhentao, chairman of AOKANG group, said: "but the scale of enterprises is too small, the corresponding supporting agencies in China are short, the financing is difficult, and the talent shortage is the four major problems faced by Wenzhou private enterprises" going out ".

According to the general rule of international economic development, when the per capita GDP of a country or region exceeds 2000 US dollars, overseas investment is the only way to realize the external expansion of the economy.

At present, the per capita GDP of our city has exceeded 3000 US dollars. Therefore, our city has an increasing attraction for foreign investment, and the pace of "going out" of our enterprises will also accelerate in the future.