21专访｜毕马威中国李瑶：绿地投资成中企出海的“破局之钥”

Core Viewpoint - The 2025 China International Service Trade Fair highlights the increasing focus on Chinese enterprises' overseas supply chain expansion amid global economic uncertainties, with a significant rise in foreign direct investment (FDI) [1][2]. Group 1: Investment Trends - China's non-financial direct investment reached 431.61 billion RMB (approximately 62.29 billion USD) in the first half of 2023, marking a year-on-year increase of 22.7% [1]. - Investment in Belt and Road Initiative (BRI) countries amounted to 80.17 billion RMB (about 11.57 billion USD), reflecting a growth of 23.3% year-on-year [1]. - Private enterprises are becoming the main force in China's overseas greenfield investments, transitioning from product exports to full industry chain layouts [2][4]. Group 2: Greenfield Investment Characteristics - The shift towards greenfield investment is seen as a strategic response to geopolitical factors and the challenges of cross-border mergers and acquisitions [3][4]. - Key regions for greenfield investments include Southeast Asia, Europe, and the Middle East, driven by local market demands and favorable trade agreements [2][4]. Group 3: Future Outlook - The report indicates that China's greenfield investment is expected to continue expanding, supported by macroeconomic conditions, industry advantages, and the need for companies to understand local market demands [6][7]. - The focus on renewable energy and electric vehicle supply chains is anticipated to dominate large-scale greenfield investments in 2024 [4]. Group 4: Challenges and Strategies - Companies face challenges from global supply chain restructuring and trade protectionism, prompting a reevaluation of investment strategies [8][9]. - To enhance resilience, companies are advised to adopt a diversified capacity model and establish local production bases to mitigate risks associated with concentrated supply chains [9][10]. Group 5: Opportunities in the Belt and Road Initiative - The BRI continues to be a core direction for Chinese overseas investment, particularly in the context of digital economy and green transformation [11][12]. - Opportunities in renewable energy projects and digital economy collaborations are emerging in BRI countries, with significant potential for Chinese enterprises [11][12].