Jiangmen Enterprises “Going Out” to Expand Overseas Business
Today China is not only the world's second largest source of outbound direct investment (ODI). Under its Belt and Road development strategy, it has also made concerted efforts to strengthen investment in and economic co-operation with countries along these routes. The Pearl River Delta (PRD) region is one of China’s key production bases as well as a leading gateway to the outside world. Thanks to the inflow of foreign investment, Jiangmen city, situated in the western part of the PRD, has been growing in leaps and bounds economically in recent years. At present, apart from engaging in processing activities, many of the enterprises in Jiangmen are also hoping to expand their business abroad and further develop their sales channels in overseas markets.
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