Enterprises in Zhejiang Province Will Become the Main Force to Enter ASEAN Market

Resource from: CBCC Likes:2950

Oct 29,2004

So many years' cooperation and trade with the customers from ASEAN, make China's 5 eastern provinces superior in entering ASEAN's market. For its richness in resouce; its complementarity with ASEAN enterprises in industry and product structure, Zhejiang province, the most outstanding province among the 5, have enormous potential in trading with ASEAN enterprises. Various industries of Zhejiang take up an important position in China. Their industries like textile, clothing, silk, leather, food, appliance and machinery are competitive not only in China but also abroad, especially in ASEAN. So many kinds of products of Zhejiang's industry are suitable for exporting to ASEAN. For example, soft and hard-ware of PC, agricultural auto, tractor, motorbike, aftermarket products, industrial sawing machine, bearing, ironware tools, textile, clothing, plastic, organic dyestuff, lamp, illuminating equipment, ordinary machine, sea goods and so on. The "Zhejiang Town" in Singapore which was invested by government of Zhejiang province, play a important role in the local economic. Meanwhile, it bring Zhejiang a substantial profit. It's no doubt that the China-ASEAN trading area's founding will facilitate Zhejiang's trading with ASEAN. The accumulated folk captial in Zhejiang will be used as power for opening ASEAN market. So many investment opportunities are waiting for them and a outward investment trend will come. China-ASEAN trading area will make Zhejiang a main force to enter ASEAN mareket, also make it become a new point of economic growth.

(CBCC)

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