SINGAPORE, June 23,
2024 /PRNewswire/ -- As globalization deepens,
Chinese enterprises are facing a new wave of going overseas.
Recently, the two-day "The 1st Global Summit of Chinese Enterprises
Going Overseas and 2024 Mid-Year Industry Summit" was held at the
National University of Singapore.
The summit, initiated by Wu Xiaobo
Channel and Jingdang Business School, invited more than 50
political and business leaders as well as representatives from
business associations in ASEAN countries to attend. Nearly a
thousand enterprise representatives who focus on the development of
going overseas gathered together to focus on the trends and
opportunities of enterprises going overseas. Among them, C&D
Inc. was invited by the event organizer to share the three
principles and seven trends of supply chain going overseas as a
representative of the supply chain industry.
Think Deeply and Act with Purpose
"Charter flights to go global to seize orders" "The 10th
anniversary of the Belt and Road Initiative"... Based on the huge
demand and opportunities for economic transformation and upgrading,
Chinese enterprises going overseas is not only the development
direction of a single enterprise but also the inevitable trend of
the current era.
C&D Inc., which grew up with the special economic zone, not
only served as a window for "investment attraction" in the special
zone in the 1980s but also started import and export trade business
earlier. From the beginning, it deeply rooted in international
genes and became one of the pioneers of Chinese enterprises "going
out"; in the current era of expanding high-level openness, it is
also one of the main forces helping Xiamen to build a new development pattern.
Relying on nearly 40 years of international business experience
and the company's professional accumulation in steel, pulp and
paper, automotive, agricultural products, consumer goods, minerals,
energy and chemical, and emerging industries, C&D Inc.
summarizes and refines the "Three principles and seven trends of
supply chain going globa" from the perspective of steel supply
chain going overseas, providing strategic and tactical references
for Chinese enterprises going overseas in the early or initial
stage.
Globalization, specialization, and localization are the three
major principles that enterprises going overseas need to focus on.
Analyzing the development cycle of C&D's steel supply chain
business from nothing to something and from small to large, Cheng
Dongfang, Deputy General Manager of C&D Inc., believes:
"Enterprises going overseas must have the belief of 'going out' and
not lose their direction in a complex environment; they must have
the ability of 'specialization' to find marketing value in global
competition; they must have the business thinking of 'localization'
to solve obstacles according to local conditions."
In the process of international business, opportunities and
challenges coexist. From the perspective of C&D Inc.'s supply
chain business, they suggest that Chinese enterprises pay attention
to the seven major trends of fighting - "From globalization to
regional globalization" "From simple trade to supply chain
operations" "From supply chain to industry chain" "From output
going overseas to capacity going overseas" "Talent is always the
key" "Green and low-carbon is always the trend" "The future is
always full of imagination".
Enterprise representatives at the scene said that they used to
feel that supply chain operation companies were "invisible and
intangible". Through the demonstration of C&D Inc.'s real cases
and experience, they felt the image of a reliable and win-win
partner who "connects upstream and downstream, and connects
domestic and overseas."
Guarding Industry and Leading the supply chain
industry
It is understood that C&D Inc. is a core member enterprise
of Xiamen C&D Corporation, a "Fortune Global 500" company,
committed to providing customers with a one-stop "LIFT supply chain
service" solution that covers the industry chain, including
customized combinations of "Logistics" "Information" "Finance"
"Trading" and other service elements, and is one of the first
"National model enterprises for supply chain innovation and
application".
At present, C&D Inc. mainly focuses on steel, pulp and
paper, automobiles, agricultural products, consumer goods,
non-ferrous minerals, energy and chemical, and mechanical and
electrical industries, and has established business relationships
with over 170 countries and regions around the world.
In recent years, C&D Inc. has continuously strengthened
technology and financial empowerment, continuously improving the
value of supply chain services through investment and logistics
support, building differentiated competitive advantages, and
achieving steady growth in its own scale and benefits.
Cheng Dongfang said: "Seizing the new opportunities of
international development, actively integrating into the new
development pattern of regional economic development and domestic
and international dual circulation, C&D Inc. will continue to
adhere to the concept of open cooperation, continuously optimize
resource allocation, strengthen industry chain collaboration, and
improve the value chain benefits, to provide professional,
efficient, and reliable services for global customers, and jointly
write a new chapter of open integration, mutual benefit and
win-win."
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SOURCE C&D Inc.