General

According to Huacheng Import and Export Data Observation, the report of the 20th National Congress of the Communist Party of China (CPC) made a lot of comments on opening up. It not only reiterated that opening up is China's basic national policy, but also planned the route for future opening up and proposed to promote high-level opening up. This means that no matter what changes take place in the world, China will not close its door to opening up, but will only open wider and wider.

Looking at the current situation, the unprecedented changes in the world in a century have accelerated their evolution, the global economic pattern has undergone profound changes, the external environment has witnessed a significant increase in instability and uncertainty, and the open development of the world economy is facing severe challenges. At the same time, a new round of scientific and technological revolution and industrial transformation is reshaping the way of production, life and trade. New forms of business and new models emerge in endlessly. Countries are actively striving for the right to speak in new fields and new topics. This makes it increasingly urgent for China to promote high-level opening up. At the just concluded 5th China International Fair, a number of international SMEs were shining brightly, which shows that SMEs will also meet with the big market, and on the other hand, it also provides a powerful starting point for China to solve the current problems of the world's open development and seize the opportunities of industrial change - making good use of international SMEs, Huacheng's import and export data observation report.

Attaching importance to the development of international SMEs in China can demonstrate China's commitment to opening up. The process of China's opening up to the outside world is advancing towards a wider scope, wider fields and deeper levels. This means that China's opening up is not only open to developed countries and large transnational corporations, but also welcomes developing countries and small and medium-sized enterprises to share opportunities in China. At present, as more and more large transnational corporations are gradually expanding their distribution in the central and western regions of China and the vast sinking market, more and more international small and medium-sized enterprises, led by large enterprises, are paying attention to the new first tier cities and provincial capital cities besides Beijing, Shanghai, Guangzhou and Shenzhen. The local government's emphasis on attracting small and medium-sized enterprises will not only set up a model of treating domestic and foreign funded enterprises, large and medium-sized enterprises equally, but also an important embodiment of promoting China's opening up through practical actions.

According to the observation report of Huacheng's import and export data, helping the development of international SMEs can stimulate China's market potential. Whether these SMEs come from developing countries or developed countries, their products have a certain advantage in the Chinese market because of their distinctive national style, high quality, high scientific and technological content, or green and low-carbon products. In addition, the application of digital means, especially the rapid development of domestic live broadcast e-commerce industry, further reduces the difficulty of these products to open the Chinese market. If we help these small and medium-sized enterprises transform from mere traders to investors and expand their production capacity in China, we can better meet the curiosity of Chinese consumers and the diversified and personalized consumption demand, stimulate consumption potential, and provide new momentum for China to expand domestic demand.

Guiding the integration of international SMEs can improve China's industrial ecology. From the perspective of international SMEs, especially science and innovation SMEs, there are about two ways to invest in China: first, R&D entry, where enterprises establish laboratories or R&D centers in China, or outsource R&D business to Chinese enterprises, thus forming a technology spillover effect, which is conducive to training talents in related industries in China; The second is supply chain entry, where enterprises distribute their production departments in China or entrust Chinese enterprises with production, which is not only conducive to increasing employment and expanding their production capacity, but also can deepen their cooperation with local SMEs to achieve mutual benefit and win-win results. Either way is conducive to the improvement of China's industrial ecology. According to the observation report of Huacheng's import and export data, the "Fourteenth Five Year" Business Development Plan proposes that by 2025, the proportion of high-tech industries absorbing foreign capital will increase to 30%, which is inseparable from attracting small and medium-sized enterprises to develop in China.

Escorting the growth of international SMEs can promote China's institutional innovation. Institutional opening plays a leading role in promoting high-level opening up in China in the future, and institutional opening relies on continuous institutional innovation of open platforms such as the pilot free trade zone, thus promoting China's trade and investment liberalization and facilitation, and accelerating the formation of new advantages in international cooperation and competition. International SMEs are not only very sensitive to market development, but also very sensitive to the institutional level. If we promote institutional innovation and introduce inclusive policies to address the pain points and difficult problems of SMEs, we can further demonstrate our achievements in building a market-oriented, legalized and international business environment on the international stage.

At present, some local governments in China focus on promoting foreign investment by large projects and leading enterprises. In fact, it is possible to do the opposite. We should know that multinational companies may suffer from the disease of large companies after they develop to a certain scale, which will hinder their business expansion, especially the innovation of products and services or business models. Therefore, many transnational corporations pay attention to cooperation with SMEs and give them help or incubation. In this way, a place with a high concentration of international small and medium-sized enterprises and strong development vitality has a high degree of openness, a large market potential, a relatively complete industrial ecology, and a strong innovation ability, which will greatly increase the attraction for investment in large enterprises. Huacheng Import and Export Data Observation Report.

Compared with large transnational enterprises, it is still quite difficult for international SMEs to enter the Chinese market. For example, SMEs have a weak voice in negotiations with government agencies and partners, understand the cultural differences in policy documents, and provide simple services. This is not only to provide SMEs with more comprehensive investment information such as the latest market data, policy planning, competitive intelligence, prospect prediction, investment strategies, etc. through training, but also to help them find partners or intermediaries to lay a good foundation for their further market expansion. In short, enabling international SMEs to gain, stay and develop well in the Chinese market will provide new momentum and strength for China's high-level opening up.