Abstract
As a national strategy initiated by China and promoted by high-level officials, the “Belt and Road Initiative” has received great attention from the international community. As the fulcrum of the Silk Road Economic Belt and the main hub of the major power strategy, cooperation between China and ASEAN is crucial. The establishment of the ASEAN Economic Community has brought a lot of business opportunities to the ASEAN countries, The ASEAN economy is continuing to grow. The “Belt and Road” initiative proposed by China has promoted economic cooperation and development between China and ASEAN, The China-ASEAN Free Trade Area has been further upgraded, opening markets to each other provides more favorable conditions for cooperation between the two sides. As the main carrier of employment, small and medium-sized enterprises play an important role in activating the economy, absorbing employment, promoting innovation, increasing taxes, facilitating the people and benefiting the people. Strengthening cooperation between SMEs in China and ASEAN is conducive to promoting industrial restructuring and industrial upgrading on both sides, promoting sustained economic growth in China and ASEAN countries, further expanding the common open market between China and ASEAN, promoting regional economic integration, and promoting the growth of the world economy. However, at present, China and ASEAN countries still face many constraints in the cooperation of small and medium-sized enterprises. The overall competitiveness of SMEs is not strong, the ability to develop international markets is weak, financing difficulties, lack of professional personnel and other issues need to be resolved. This article analyzes the opportunities and dilemmas faced by China-ASEAN SMEs at this stage, and proposes countermeasures to promote China-ASEAN SMEs to deepen cooperation.
Highlights
With the in-depth advancement of the "Belt and Road" initiative, China-ASEAN bilateral relations have developed rapidly and made significant progress
As the main carrier of employment, SMEs play an important role in promoting social stability
China and ASEAN countries are increasingly aware of the important role played by SMEs in promoting international economic and trade cooperation, promoting complementary advantages, enhancing bilateral trade, promoting economic restructuring, reducing poverty and narrowing the gap between rich and poor
Summary
With the in-depth advancement of the "Belt and Road" initiative, China-ASEAN bilateral relations have developed rapidly and made significant progress. Due to the flexibility and extensiveness of trade cooperation forms, SMEs can play a solid and strengthening role in the existing trade cooperation areas between China and ASEAN countries. In looking for new points of trade growth and development, SMEs have greater advantages. As the main carrier of employment, SMEs play an important role in promoting social stability. SMEs play an irreplaceable role in promoting technological innovation and invigorating the national economy. China and ASEAN countries are increasingly aware of the important role played by SMEs in promoting international economic and trade cooperation, promoting complementary advantages, enhancing bilateral trade, promoting economic restructuring, reducing poverty and narrowing the gap between rich and poor
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