Hail-ruba economic zone of Pakistan, suez economic and trade cooperation zone of Egypt, Oriental industrial park of Ethiopia, China - Indonesia agricultural industry cooperation zone of ChinaOver the past decade or so, China's overseas economic and trade cooperation zones have grown from nothing to more than a few.The overseas industrial cluster model, which is dominated by enterprises, is also welcomed by various countries because it creates a lot of jobs and taxes for the host countries and promotes the local economic growth.
According to statistics from China's ministry of commerce, by the first half of 2018, Chinese enterprises had built 113 newly established overseas economic and trade cooperation zones in 46 countries, with a total investment of 34.87 billion us dollars, 4,542 enterprises in the zone, and 2.86 billion us dollars in taxes and fees paid by the host country, creating 287,000 local jobs.
One Belt And One Road promotes cooperation zone construction
The construction of overseas economic and trade cooperation zone is an important way for Chinese enterprises to realize orderly and effective allocation and participate in international competition by utilizing two markets and two kinds of resources.
The China international economic and exchange center for economic research, deputy researcher xiang-dong liu said in an interview with international business newspaper reporter, in recent years, foreign economic and trade cooperation zone construction present a rapid development momentum, with China have issued a number of policies to encourage Chinese enterprise development investment overseas economic and trade cooperation zone and is closely related to promote the "area" initiative.
On the one hand, China is actively building a new open economy system and supporting Chinese enterprises to "go global" with high quality, liu said.
The "China model" is favored
Facts have proved that the construction of China's overseas economic and trade areas has also been welcomed by many countries.After all, for the host country, these cooperation zones have attracted more Chinese enterprises to invest and build factories. They have not only played an important role in increasing employment, raising taxes, expanding export earnings and other aspects, but also promoted industrialization and upgrading of relevant industries.
In Pakistan, the herr-ruba economic zone is a household name.The economic zone, established in 2006, was jointly funded by haier group, a Chinese household appliance brand, and Pakistan ruba company. It was expanded on the basis of haier's industrial park in Pakistan.
Haier overseas electric industrial co., LTD., vice President of qing-fu zhang told reporters, the international business in 2001, haier has just into Pakistan, brand awareness is not high, but with the indigenous innovation, to maximize meet the needs of consumers in Pakistan, nowadays, haier in the capacity of the yoruba economic zone has increased to 1.5 million units, brands in the local coverage rate of 99%, become one of the most popular brand of home appliance.
More importantly, relying on haier's production, sales and logistics base in Pakistan, as well as all-weather and multi-field cooperation and preferential trade and investment policies between China and Pakistan, haier's economic zone has become an important platform for Chinese enterprises to expand the Pakistani and even south Asian markets.