Nantong helps businesses go global

Participants of the meeting pose for a group photo. [Photo/Nantong Daily]

The Nantong municipal bureau of commerce and Nantong Council for the Promotion of International Trade recently organized a meeting to help local businesses better learn about the market and investment policies of Thailand and Vietnam.

Nantong and Southeast Asian countries boast deep historical connections and close economic and trade exchanges. In recent years, Nantong enterprises have strengthened their economic and trade collaboration with Southeast Asian countries, achieving outstanding results.

To date, Nantong companies have invested in 176 projects in these countries, with a combined investment exceeding $3.04 billion.

During the event, industry insiders discussed topics such as the development of the overseas investment structure, outbound investment registration and record-filing, the current situation and requirements for Nantong enterprises going global, and national, provincial, and municipal policies to support and promote outbound investment.

A representative from the Nantong International Economic and Technological Cooperation Association said that the association will fully leverage its role as a bridge in the industry to provide precise support for enterprises looking to expand globally.

Industrial parks in Thailand and Vietnam, such as BW Industrial, were recommended during the meeting.