Zhejiang Shoe Enterprises Are Stepping Up "Going Global" And Enhancing International Competitiveness Is The Key.

Zhejiang Kangnai group has invested 2 billion yuan to build and operate the Sino Russian economic and trade cooperation zone in Russia. 9 enterprises have been formally put into production and the annual output of footwear has reached 9 million pairs.

Zheng Xiukang, chairman of Kangnai group, said that the cooperative zone plans to introduce 60 enterprises and estimate annual sales volume of 24 billion 800 million yuan.

In response to this, 10 enterprises in Thailand Luo Industrial Park of HOLLEY group in Zhejiang have completed the contract signing.

The first two overseas cooperation zones in Zhejiang province are accelerating the introduction and completion of a number of investment projects, leading enterprises to gather in the cooperative area, carry out their operations in an orderly way, and achieve mutual benefits and win-win results with their host countries.

The reporter learned from the Zhejiang Provincial Department of foreign trade and Economic Cooperation: Zhejiang enterprises have made great strides in "going out", and outward direct investment has spread across 6 continents and 121 countries and regions.

By the end of June this year, the total number of overseas enterprises and institutions approved by the government has reached 2809, with a total investment of US $1 billion 640 million and China's investment of US $1 billion 300 million.

Zhejiang Wanxiang Group has successfully acquired the "century old shop" in the United States, including GBC company, which has 31 companies in the United States, Britain, Germany, Canada and other countries, has established a service network in the global market, and established a technology center in the United States, and established a production base.

Represented by Wanxiang Group, a number of Zhejiang local multinationals emerged in Zhejiang.

Leap Group, HOLLEY, Kangnai, Delhi and other enterprise groups, actively implement the pnational operation strategy, established R & D centers, sales networks and production bases abroad.

Zhejiang province's private direct investment has gradually adapted to the international market, enhanced the ability of international operation and expanded its scale. At the same time, it promoted the optimization and upgrading of Zhejiang's industry.

At present, Zhejiang is encouraging enterprises to enhance their international competitiveness and direct outward direct investment towards the establishment of overseas processing and production enterprises, overseas resources development and overseas marketing networks.

At the same time, the way of foreign direct investment is also gradually diversifying, from solely funded enterprises to pnational equity participation in mergers and acquisitions, overseas listing and so on.