Leading the Chinese lantern industry to "going out"
The “Belt and Road” industry investment promotion conference organized by the Sichuan Provincial Department of Commerce attracted hundreds of companies, including our company.The “Belt and Road ” has become a hot spot for Sichuan enterprises to “go global” for investment and foreign contracting projects.According to data from the Department of Foreign Economic of the Sichuan Provincial Department of Commerce, in the first 10 months of this year, Sichuan enterprises invested nearly USD2 billion in “going out” and the value of newly signed projects for foreign contracting projects reached USD 4.5 billion.Among them, the proportions of investment and engineering contracting in countries along the “Belt and Road” were 35% and 45%, respectively, which were 20% and 10% higher than the same period last year.
Relying on foreign chambers of commerce or industry chambers of commerce, we can form alliances of interests within the industry to promote corporate groups to "go global" and help companies expand the market more flexibly.Since last year, leading enterprises in the Sichuan industry have launched 9 overseas chambers of commerce, and 5 have been established this year, including Cambodia and Zambia.