ACFIC held conference on building overseas industrial parks

Date:2018-12-19 12:00:00

Gao Yunlong stressed at the ACFIC’s promotion conference on overseas industrial park construction that the spirit of President Xi Jinping’s important remarks should be learned and carried out in guiding and helping private enterprises join in overseas industrial park construction.



The All-China Federation of Industry and Commerce (ACFIC) held a conference on promoting the construction of overseas industrial parks on Dec. 12, 2018.

ACFIC chairman Gao Yunlong, who’s also vice chairman of the CPPCC national committee, Li Chenggang, assistant minister of commerce of China, and Chen Siqing, chairman of the Bank of China (BOC), attended and addressed at the meeting.

ACFIC’s vice chairman Wang Yongqing hosted the conference, which was also attended by representatives from the United Front Work Department (UFWD) of the CPC Central Committee, the Ministry of Foreign Affairs (MFA), the National Development and Reform Commission (NDRC), and the China Council for the Promotion of International Trade (CCPIT).

Sihanoukville Special Economic Zone (SSEZ), Thai-Chinese Rayong Industrial Zone, and Eastern Industry Zone appeared as representatives of industrial park and exchanged on the conference, while Huajian Group and Shanghai Aowei Technology Development Co. Ltd. representing enterprises entering the industrial parks, and Jiangsu Federation of Industry and Commerce as provincial CFIC representatives.

Ke Yousheng, from the department of international economic affairs of the MFA, and Wu Hongliang, from the department of foreign capital and overseas investment, and Lu Pengqi, vice chairman of the CCPIT, gave speeches on the conference.

On behalf of the ACFIC, Wang Yongqing signed a strategic cooperation agreement with Liu Lianke, president of the BOC.

Li Chenggang said that overseas industrial parks are an important part and also an innovated approach of China’s outbound investment.

At present, overseas industrial parks are developing at a fast pace and covering a wide range, which gradually become an important platform for industrial cooperation between China and the host country.

At the same time, the service capacity of overseas industrial parks is constantly enhanced with the service content expanded and the service quality improved, which meets the diversified needs of enterprises entering the zone.

While boosting the economic development of the host country, it has also promoted bilateral economic and trade cooperation and experience exchanges, and become an important way for other countries to learn from China's experience and management.

Li also pointed out that the construction of overseas industrial parks should follow the law of marketization, be sustainable, seriously evaluate the commercial feasibility of projects, strengthen policy communication and rights and interests protection with the host countries, and further improve oversight and services.

Chen Siqing said, the BOC would continue working hard and intensively to promote the construction of overseas industrial parks. They have actively served the overall interests of the country's opening up, supported a large number of key projects to take root and bear fruit. Nearly 60 percent of the enterprises going global are using BOC's various businesses. They will also cooperate with the provincial federation of industry and commerce to promote private enterprises to sail out.

Ke Yousheng said, the foreign ministry actively supports, encourages and guides private enterprises to go global. At present, there are good opportunities for private enterprises to go out, but there are also some challenges. The MFA will provide policy support for private enterprises to go global, and do a good job in consular protection and other work in line with the purpose of serving the people through diplomacy.

Wu Hongliang said that the NDRC will earnestly implement the spirit of President Xi’'s important speech at the symposium on private enterprises, further serve and support private enterprises to participate in the Belt and Road construction, deepen bilateral, multilateral and third-party market cooperation, pave the way for enterprises to go global and build bridges to help solve their concerns.

The NDRC will expand channels for financial support, encourage the operation of overseas RMB funds, raise the level of comprehensive services, provide enterprises with facilitation services, and strengthen the building of a public service platform for going global. Besides, they’ll standardize the business behavior of enterprises, introduce relevant policies and measures, provides enterprises with information on business environment and cooperation demand of key countries, and guide enterprises to arrange in a reasonable and orderly way and achieve differentiated and sustainable development.

Lu Pengqi said that the CCPIT has taken an active part in the construction of overseas industrial parks, trying to build a platform for the park and enterprises, organizing enterprises to visit and connect with the parks along the Belt and Road, and actively carried out various work.

Gao Yunlong pointed out that President Xi Jinping attached great importance to the participation of private enterprises in the construction of the Belt and Road, stressing that private enterprises should expand their international vision, enhance their innovation ability and core competitiveness, and form more world-class enterprises with global competitiveness. Therefore, private enterprises should grasp the opportunity of historical development and take advantage of the Party’s support and the profound changes in the world pattern to exploit international market and promote high-quality development with the help of the Belt and Road Initiative (BRI).

Gao stressed that currently private enterprises had encountered problems in the process of moving to the broader world stage such as state trade protectionism, the lack of "green channel", deficiency of operation compliance, and the weak sense of going out jointly.

Overseas industrial parks are of great significance in promoting private enterprises to join forces in going global and in coordinating upstream and downstream industrial chains, resisting trade protectionism and the trend of anti-globalization, promoting the transformation and upgrading of enterprises and realizing high-quality development.

The CFIC and related business chambers at all levels and private enterprises should study and implement the spirit of Xi’s important speeches, fully understand the importance of foreign industrial parks in private enterprises’ going out with high quality by attending the BRI construction, and see the grand picture of national strategy, actively guide proper, powerful and prepared private enterprises to help build overseas industrial parks and orderly participate in the construction of BRI. The majority of private enterprises participating in the construction or development of the parks and zones should adhere to the new concept of development, take practical and effective measures, actively promote their own transformation and upgrading, and go global with high quality.
Gao Yunlong hoped that the relevant units could enhance their support for the qualified private enterprises to join in BRI construction with high quality, with the sense of helping national strategic development, strengthen policy support, promote overseas industrial park construction, support private enterprises to expand economic and trade cooperation in host countries along the route, especially solve problems in the process of going out such as financing difficulties, and gradually reduce financing cost.
More than 200 representatives from the international cooperation committee of the ACFIC, BOC, overseas industrial parks, enterprises entering the parks/zones, the ACFIC office and provincial federations of industry and commerce and private enterprises attended the conference.

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