China's 'industrial park' model valued

The construction project of the Hofusan Industrial Park, co-developed by Holley Group, Futong Group and Santos Family of Mexico, has kicked off in Monterrey, Nuevo León, Mexico.

This is the Holley Group's second overseas industrial park project, after the Thai-Chinese Rayong Industrial Zone in Thailand.

The Chinese enterprises have built or are building 75 economic and trade cooperation zones in 34 countries, involving a total investment of nearly US$18 billion, attracting 1,141 enterprises.

The Suez Economic and Trade Cooperation Zone has become a key platform for China-Egypt industrial cooperation and has provided a platform for dialogue on economy and trade. The zone has attracted US$1 billion and created more than 2,000 jobs for locals.

By the end of 2016, the Thai-Chinese Rayong Industrial Zone has offered more than 20,000 jobs to local inhabitants, and attracted over US$1.5 billion in investment.

According to experts, the forming of the ASEAN economic community means that the products of Chinese and Thai enterprises will not only meet the needs of the 67 million Thai population, but also those of the 600 million people in the ASEAN region.

Chinese enterprises actively undertake their social responsibilities in their investment destination countries. The China National Building Material Group Co.,Ltd., which invested US$500 million constructing a building material industrial park in Lusaka, Zambia, in October 2015, also built schools and hospitals.

Some countries regard the industrial parks and zones as important steps for their industrialization. The China-Belarus industrial park is such a case in point. It is not only the largest investment project in Belarus, but also the largest economic and technological cooperation project between the two countries.

The model of industrial park-based development which China developed in its reform and opening-up will bring about benefits to more countries, as Chinese enterprises go out.