LINE

    Text:AAAPrint
    Economy

    Companies take root overseas via Belt and Road Initiative

    1
    2017-03-06 16:15China.org.cn Editor: Gu Liping ECNS App Download
    Li Dongsheng, a deputy to the National People's Congress (NPC) and president of TCL, China's leading consumer electronics enterprise. (Photo provided to China.org.cn)

    Li Dongsheng, a deputy to the National People's Congress (NPC) and president of TCL, China's leading consumer electronics enterprise. (Photo provided to China.org.cn)

    Chinese companies are revving up their localization strategies overseas through the Belt and Road Initiative, bringing industrial capacity, R&D and services to host countries, said a business leader on March 3.

    Li Dongsheng, a deputy to the National People's Congress (NPC) and president of TCL, China's leading consumer electronics enterprise, told China.org.cn that the country's flagship policy to restore the ancient Silk Road has brought about tangible benefits for companies' overseas business.[Special coverage]

    The China Railway Express, a trans-continental train service vital to the Belt and Road Initiative, has facilitated companies' expansion in Central Asia and Europe, said the manufacturer tycoon.

    It used to take 35 to 40 days to transport products from Guangdong to Poland, where its center for European markets is situated. But in 2016, with the opening of the railway express, TCL's products were sent by train from Chengdu to Poland in about 12 days.

    The trans-continental train service has greatly increased efficiency along the whole supply chain, saving time and money at the same time, said Li.

    With its products spanning from TVs, phones, washing machines, fridges, air conditioners, small home appliances to LCD panels, the manufacturer giant boasts a total of 21 manufacturing bases worldwide and has business operations in 160 countries and regions.

    "A company's going global does not mean selling goods overseas, but expanding business and taking root in the host country," he said. "And that will truly benefit the local community and bring about win-win cooperation."

    TCL shipped over 20 million TVs worldwide last year, following Samsung and LG to be the world's third largest TV maker in terms of shipment.

     

      

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 隆子县| 濮阳县| 威海市| 新邵县| 固始县| 台中市| 巴青县| 天祝| 青州市| 靖西县| 新源县| 荃湾区| 托里县| 会理县| 阿克陶县| 阿合奇县| 丰台区| 轮台县| 东安县| 灵璧县| 隆化县| 伊吾县| 水城县| 郓城县| 汽车| 冷水江市| 应城市| 南宫市| 徐闻县| 虎林市| 水富县| 涿州市| 响水县| 镇坪县| 鹤岗市| 溧水县| 吉林市| 温州市| 花垣县| 平邑县| 兴山县|