转自：新华财经 新华财经上海12月10日电（葛佳明 杨婧淑）12月9日，由中国公共外交协会与上海公共外交协会联合主办的第十二次中国企业走出去研讨会在上海举行。与 会专家学者深入探讨中企从"走出去"到"融进去"的转型路径，普遍认为"出海"已不再是简单的商品出口或产能转移，而是迈向以本地化运营、生态协同、制 度型开放为核心的全球化新阶段。在此背景下，面对日益复杂的国际法律与监管环境，构建覆盖投资全周期的合规体系，已成为中国企业实现高质量、可持 续国际化发展的关键支撑。 从"走出去"到"融进去"：中企全球化进入新阶段 随着全球经济的深度融合，中国企业的对外直接投资（ODI）在经历低谷后出现明显回升。根据《2024年度中国对外直接投资统计公报》显示，2024年中国 对外直接投资的资金流量1922亿美元，同比增长8.4%，占全球份额11.9%，连续13年稳居全球前三；存量达3.14万亿美元，连续8年位列全球前三。 在上海美国商会会长郑艺看来，中国企业出海正经历着从单纯"资金走出去"到"产业全球化"的战略升级。"中国企业对外直接投资以资本输出为主，包括股 权投资、并购等方式，随着海外市场环境的变化以及中国政策的支持，企业 ...

Core Viewpoint - The article highlights the significant milestone of Jiangsu Longpan Technology Co., Ltd. becoming the first "A+H" share listed company in the domestic lithium iron phosphate cathode material industry, raising a total of HKD 550 million, marking a new wave of A-share companies listing in Hong Kong [1][2]. Group 1: Cross-Border Investment Banking - Chinese investment banks are acting as a "bridge" for the dual opening of the capital market, facilitating the internationalization of Chinese enterprises and the allocation of international capital to Chinese assets [3]. - The integration of domestic and international resources by investment banks is crucial for successfully serving A-share companies in their Hong Kong listings, exemplified by the case of Longpan Technology [2][3]. Group 2: Value Assessment and Communication - There is a need for Chinese investment banks to establish a value assessment system that aligns with the understanding of Chinese enterprises, effectively communicating their value and stories to international investors [3][4]. - The goal is to transition from merely following value discovery to setting value standards in the international investment banking landscape [4]. Group 3: Comprehensive Service Capabilities - Investment banks are enhancing their comprehensive service capabilities to meet the diverse financing needs of enterprises, providing a full suite of financial solutions [5]. - The service network of Guotai Junan International has expanded to cover 17 countries and regions, making it one of the most widely positioned securities firms in China [6]. Group 4: Debt Capital Market Activities - Guotai Junan International has actively assisted Chinese enterprises in raising funds in overseas capital markets, participating in various bond issuances and setting records for pricing [7]. Group 5: Talent Development - The internationalization of investment banking requires the establishment of a talent system that matches the different business scenarios, focusing on attracting and nurturing talent to enhance service capabilities [8]. - Specialized project teams have been set up in key regions to efficiently respond to client needs and drive project development [8]. Group 6: Future Outlook - The company aims to strengthen its overseas business layout, aspiring to become a competitive international investment bank by enhancing capital strength, service levels, and product structures [9][10]. - There is a focus on innovation in products and services, particularly in emerging fields like renewable energy and sustainable finance, to meet global investor preferences [12].

来源：环球网 12月7日，由1915巴拿马太平洋国际（万国）博览会组委会、全球经济合作发展促进会主办的"1915巴拿 马太平洋国际博览会2026（美国展）启动会暨全球跨境出海与碳中和高峰论坛"（北京站）在北京梧桐 会客厅举行。 活动汇聚政界、商界、国际机构、学术界及媒体领域300多位嘉宾参加，持续近五小时。论坛以"中国企 业出海新趋势与绿色经济新路径"为核心，为民营企业国际化与绿色发展出谋划策。 活动现场 大会开场播放1915巴博会历史影像后，活动由巴拿马太平洋万国博览会联席主席兼决策委员会执行主 席、中美投资博览会共同主席、美国黄金湾投资集团代表申威主持。他以"跨越世纪的传承与创新"为主 题，阐述百年巴博会意义并介绍了赴美出海一站式解决方案，多维度服务国内中小企业出海战略。 国务院发展研究中心原副主任、中国企业评价协会会长侯云春，从政策研究视角解读国际产业链重构背 景下，中国企业出海面临的新变量、新挑战与政策机遇，提出"新全球化时代是制度、科技、价值观的 综合竞争"的核心观点。 北京国际商贸促进会会长谢京生，强调商协会在企业全球化中的"桥梁作用"，指出中国企业在北美市场 需要坚守合规化与品牌化发展路径。协助 ...

Core Viewpoint - The article discusses the evolution of Chinese companies' overseas expansion strategies, highlighting the shift from low-value trade products to high-value brands and technologies, and the importance of local adaptation and strategic partnerships in international markets [2][7][10]. Group 1: Investment Institutions and Their Focus - Tiantu Investment focuses on consumer brands and has invested in companies like Baoshifu and Nayuki Tea, which are expanding overseas [3][7]. - Qidi Star Venture emphasizes early-stage investments in hard technology and has established incubators in various countries, including partnerships with international tech parks [4][9]. - ATMCapital, founded by a former Alibaba executive, specializes in helping Chinese companies enter emerging markets in Southeast Asia and Latin America [5][10]. - Zero One Capital has been investing in cross-border ventures since 2015, focusing on smart manufacturing and international expansion [6][12]. - Jiuhua Venture has invested in over 300 early-stage tech companies, with a growing interest in cross-border e-commerce [6][14]. Group 2: Strategies for Overseas Expansion - The discussion highlights various models of overseas expansion, including product export, brand establishment, and technology transfer [7][10]. - Tiantu Investment's strategy includes investing in brands that are inherently designed for international markets, such as VIVAIA [8][19]. - Qidi Star Venture has been proactive in establishing overseas partnerships and incubators to facilitate technology transfer and innovation [9][10]. - ATMCapital emphasizes the importance of local market knowledge and building supply chains for successful brand expansion in Southeast Asia [11][21]. - Zero One Capital notes the significance of adapting business models to local markets and leveraging AI capabilities for global applications [15][20]. Group 3: Challenges and Risks in Overseas Markets - The panelists discuss challenges such as unfamiliarity with local regulations and market dynamics, which can lead to significant losses [26][27]. - Political and regulatory environments are highlighted as critical factors for successful overseas operations, necessitating local partnerships [27][28]. - The need for a clear strategic direction before entering foreign markets is emphasized, as missteps can lead to substantial financial losses [28][29]. Group 4: Future Investment Strategies - The article concludes with a focus on the potential for Chinese companies to become global leaders by leveraging their competitive advantages in technology and supply chain [33][34]. - Investment institutions are increasingly looking to support companies that are designed for global markets from inception, rather than adapting later [30][31]. - The establishment of collaborative networks among banks and investment firms is seen as essential for supporting overseas ventures [34].

21世纪经济报道记者 黎雨辰 广州报道 12月5日至6日，由南方财经全媒体集团主办，21世纪数字传媒承办的南方财经论坛2025年会，在广州南 方财经大厦成功举办。 其中在6日的证券业年会上，中国银河证券党委委员、副总裁罗黎明发表了题为"金融报国践行高水平开 放，熔铸枢纽服务全球化布局"的主题演讲，系统阐述了中国资本市场对外开放的新趋势、东盟地区 在"十五五"期间的战略机遇，以及证券公司在服务企业全球化进程中可发挥的枢纽作用。 对比我国历次五年规划的重点任务排序，"开放"在"十五五"规划建议中的位次大幅前移，位列第五大重 点任务。高水平对外开放战略重要性的提升，为企业"走出去"创造了良好的生态。 对此，罗黎明在会上表示，证券公司要以发挥功能性作用为关键首要，将科技转化为创造增量价值的持 续动能，把自己的发展融入到服务国家战略中去。 活力东盟蕴藏广阔机遇 "十五五"规划建议明确，坚持开放合作、互利共赢是中国式现代化的必然要求，并从积极扩大自主开 放、推动贸易创新发展、拓展双向投资合作空间、高质量共建"一带一路"四个维度作出安排，描绘了未 来五年中国对外开放的清晰路径。 回顾2024年中国对外直接投资，东盟在其中的 ...

21世纪经济报道记者朱艺艺 报道 12月5日，由南方财经全媒体集团主办，21世纪数字传媒承办的南方财经论坛"21世纪卓越董事会年 会"在广州南方财经大厦盛大召开。 大会以"新蓝图，新机遇"为主题，在大会圆桌讨论环节，均普智能（688306.SH）董秘柴俊就中国企业 出海的破局之道进行分享。 他指出，作为高端装备行业的代表性企业，均普智能通过一系列海外并购，完成了全球化布局，目前业 务遍及中国、欧洲和北美。公司目前海外收入占比接近70%，在此过程中总结了一些"出海"的经验和教 训。 柴俊认为，中国企业走向全球化，首先要解决不同地区管理跨度的难题，"包括不同地区在跨文化沟 通、技术研发、管理方式等层面如何协同，以降低全球管理的难度并提高效率"。其次要整合全球供应 链，形成各个区域之间的优势互补和全球协同效应。同时，中国企业要有信心做好跨国管理，并把国内 的成功经验复制到海外去。 ...

"中国企业进军全球市场，一定要以全球化格局为引领。不仅要'走出去'，而且还要'走进去''融进 去'。"中信博（688408.SH）董事长兼总经理蔡浩日前做客《沪市汇・硬科硬客》第二季第6期节目"供 应链'再出海'"时表示，中国企业"出海"要实现从产品到产业的跃迁和转型，就要真正地以全球视野看中 国，而不是以中国视野看全球，同时还要以属地化的视野看属地化。（中经记者 孙汝祥 夏欣 北京报 道） 0:00 ...

Core Insights - In 2025, China's foreign trade demonstrates resilience amid complex environments, with a 6.2% year-on-year increase in goods exports in the first ten months, particularly strong growth in emerging markets like ASEAN, the Middle East, and Latin America [1] - Ant International's cross-border payment and account service brand, WorldFirst, reported serving over 1.5 million global enterprise clients and processing nearly $200 billion in transaction volume, reflecting a nearly 100% year-on-year growth [1] - The growth indicates a shift in Chinese foreign trade from "scale expansion" to "high-quality overseas operations," with cross-border financial services accelerating to provide tailored solutions for businesses [1] Cross-Border Financial Services - WorldFirst's "World Account" product has seen over 300% growth in transaction volume in emerging markets in the first half of 2025, supporting businesses in managing multi-market and multi-currency operations [4] - The service now covers over 220 countries and regions, with wallet balances in 32 currencies and support for payments in 101 currencies, achieving same-day settlement for 95% of transactions [4] - The introduction of the "World Card" and wealth management products enhances the one-stop cross-border financial service capability, allowing businesses to manage the entire process from receiving payments to currency exchange and payments within a single account [4] Compliance and Localization - WorldFirst has established a compliance-first and localized service system, obtaining over 60 payment licenses globally, including a recent license in Malaysia [6] - Partnerships with local financial institutions in key markets enhance local payment and settlement capabilities, facilitating cross-border financial services for SMEs [6] - A solution for trade payments between China and Africa has been launched, supporting local currency payments in 13 African countries [6] AI Integration - AI tools are widely adopted, with 90% of sellers using AI to control risks and reduce costs, achieving 100% 24/7 multilingual customer service [8] - The self-developed "Eagle Sequence" AI model predicts foreign exchange needs with over 90% accuracy, potentially reducing foreign exchange costs by up to 60% [8] - The SHIELD risk control model monitors transactions in real-time, ensuring payment security and reducing risks associated with frozen accounts [8] Strategic Shift in Global Operations - The growth of WorldFirst in 2025 reflects a profound shift in the paradigm of Chinese enterprises going global, moving from a focus on speed and scale to efficiency, resilience, and sustainability [9] - The emphasis is on building systematic, intelligent, and compliant global operational capabilities to help businesses navigate cyclical fluctuations and conduct global business effectively [9]

Core Insights - Chinese enterprises are transitioning from "product export" to "value chain export," indicating a shift towards establishing comprehensive operations overseas, including R&D, production, supply chain, and after-sales services [1][3][5] - Over half of listed Chinese companies have overseas operations, with revenue from these markets exceeding 16%, showing a dual increase in both export ratio and revenue ratio [3][5] - The challenges faced by these enterprises in the next 3-5 years are unprecedented, necessitating breakthroughs in management, systems, and operational models [4][6] Management Breakthrough - Effective management of overseas teams requires deep cross-cultural integration and global governance capabilities, moving beyond simple financial control [4][5] System Breakthrough - Companies need a unified IT architecture and data foundation to support global operations, ensuring efficient collaboration and compliance [4][9] Model Breakthrough - Transitioning from "individual efforts" to "ecosystem collaboration" is essential, involving strategic partnerships and systematic approaches to build global competitiveness [4][6] Localization Challenges - Local employees often view Chinese companies positively, but there are significant challenges in integrating local operations and adapting to local regulations [5][6] - Successful localization requires not just marketing but also supply chain and after-sales service adaptations, supported by a global IT framework [6][7] "3+1" Capability Framework - The "3+1" framework includes marketing localization, supply chain localization, and after-sales service localization, all supported by a unified digital foundation [7][11] - Marketing localization involves understanding local cultures and consumer behaviors, while supply chain localization addresses unique regional challenges [7][10] - After-sales service localization is crucial for building long-term customer trust and loyalty [11][12] AI Empowerment - AI can significantly enhance marketing efficiency, supply chain management, and service delivery, addressing challenges like cultural differences and data fragmentation [9][10][11] - AI-driven solutions can optimize inventory management, improve customer service, and facilitate real-time responses in logistics [10][11] Strategic Importance of Compliance - Companies must proactively address compliance with increasingly stringent regulations in overseas markets, ensuring that IT systems support both operational efficiency and regulatory adherence [8][9] IBM's Role - IBM has developed a comprehensive capability system to support enterprises in their globalization efforts, integrating technology architecture and strategic consulting [13] - The company aims to leverage its global experience and technological expertise to assist Chinese enterprises in navigating their international expansion [13]

2025.12. 04 本文字数：1599，阅读时长大约2分钟 作者 | 第一财经 郭晋晖 封面图 | AI生成 2024年，中国对外直接投资流向批发和零售、租赁和商务服务、制造、金融、采矿五大领域投资均 超过百亿美元，其中制造业投资同比增长了37.3%，是所有行业里增长最多的。这些投资流向了计算 机/通信和其他电子设备制造、汽车制造、电气机械和器材制造、医药制造等领域。投资拉动这些领 域的就业增长，海外招聘需求也在上涨。 武汉柚出海科技有限公司国际服务高级总监唐佳文对第一财经记者表示，现在海外招聘的业务需求比 2018年已经有了明显增长，以前海外招聘是以互联网企业为代表的虚拟经济为主，现在已经进入了 实体经济，以高科技和技能型人才的批量供应为主，尤其是"一带一路"政策推动中国企业向中亚、东 欧、东南亚（如越南、马来西亚）等扩展，现在这些区域的招聘需求很多。 中国新就业形态研究中心主任张成刚表示，高校毕业生等青年群体就业压力未来将进一步凸显。从长 远看，解决青年就业问题，激发青年就业活力主要靠市场化改革推进，找准经济的新增长点，出海是 一个能为年轻人提供大量就业机会的领域。 中国企业出海已经成为必选项，中国企 ...