The Central Asian market has become a high-quality track for Guangdong private enterprises to go overseas

China News Service, Dongguan, November 11 (with permission from Sun Qiuxia) 2026 "Protecting Enterprises and Setting Sail" "Business Expanding the World" exchange event and a training course for Guangdong private enterprises to participate in the joint construction of the "Belt and Road" (Central Asia special session) were recently held in Dongguan. Dai Wenwei, full-time vice chairman of the Guangdong Federation of Industry and Commerce, said in his speech that the 2026 APEC meeting has opened a new window for open cooperation in the Asia-Pacific region. The Central Asian market space is vast and the industries are highly complementary, which has become a high-quality track for Guangdong private enterprises to go overseas.

This event was co-sponsored by the Guangdong Federation of Industry and Commerce and Bank of China Guangdong Branch. During the event, Bank of China Guangdong conducted exchanges and negotiations with 30 participating companies in the Dongguan area to provide participating companies with a package of comprehensive financial services such as investment and financing, settlement, hedging, and consulting. On-site credit cooperation intentions exceeded 200 million yuan, accurately empowering Guangdong companies to go overseas.

Data show that in the first half of this year, the growth rate of imports and exports from the nine mainland cities in the Guangdong-Hong Kong-Macao Greater Bay Area to emerging markets accelerated. Among them, imports and exports to Africa were 158.21 billion yuan, an increase of 17.7%, imports and exports to India were 118.67 billion yuan, an increase of 18.7%, and imports and exports to the five Central Asian countries were 18.81 billion yuan, an increase of 19.2%.

Dai Wenwei said that in the face of the vast opportunities in the Central Asian market, private enterprises must persist in chain overseas expansion and group development, promote upstream and downstream enterprises to coordinate overseas expansion, and implement production capacity supporting equipment simultaneously, and accelerate the upgrade from "products going abroad" to "brands, technologies, and standards going abroad."

Zhong Canyang, a member of the Dongguan Federation of Industry and Commerce Party Committee, said that the private economy is the source of vitality for Dongguan's development and the backbone of foreign trade overseas. In the first three quarters of this year, Dongguan's total import and export volume reached 1.29 trillion yuan, a year-on-year increase of 10.09%, a record high for the same period in history. The private economy contributed more than 60% of the city's import and export, ranking fifth in the country's foreign trade.

This event lasted for two days and included results release, theme sharing, project negotiation, experience sharing, on-site inspection and other links. On the afternoon of the 9th, Bank of China Dongguan Branch issued credit checks to five companies, and Li Qing, president of the Guangdong Institute of International Strategy, released the research results of "AI Empowers Guangdong Enterprises to Go Global: Practices, Issues and Suggestions". During the theme sharing session, a representative from the Opening-up Department of the Development and Reform Commission of Guangdong Province explained foreign investment policies, and the head of the Project Insurance Department of Sinosure Guangdong Branch made suggestions on financing strategies and risk management for investments in Central Asia.

On the afternoon of the 10th, the participating representatives visited Guangdong Bomai Medical Technology Co., Ltd. and Sungrui Technology Co., Ltd. in groups to gain an in-depth understanding of Dongguan’s advanced manufacturing and technology-based enterprises’ experience and practices in exploring international markets.