{"id":23329,"date":"2026-08-19T18:45:23","date_gmt":"2026-08-19T13:00:23","guid":{"rendered":"https:\/\/eng.dragonmedia.com.np\/?p=23329"},"modified":"2026-08-19T18:45:23","modified_gmt":"2026-08-19T13:00:23","slug":"chinese-companies-turn-to-asean-91-percent-plan-regional-expansion","status":"publish","type":"post","link":"https:\/\/eng.dragonmedia.com.np\/?p=23329","title":{"rendered":"Chinese Companies Turn to ASEAN, 91 Percent Plan Regional Expansion<\/strong>"},"content":{"rendered":"

Dragon Media News Desk<\/strong><\/p>\n

A large majority of mainland Chinese companies plan to expand their business presence in member states of the Association of Southeast Asian Nations, according to a new survey by the Hong Kong Trade Development Council.<\/p>\n

The survey found that 91 percent of participating Chinese companies intend to expand their business, production, supply-chain operations or other commercial activities in ASEAN markets.<\/p>\n

More than 2,000 companies took part in the survey, which showed that Belt and Road partner economies remain a major priority for the international expansion of Chinese businesses. Ninety-four percent of respondents said they wanted to extend their presence in those markets.<\/p>\n

Within ASEAN, Singapore, Vietnam, Thailand and Malaysia emerged as the most attractive destinations. Each of the four countries was selected by more than 40 percent of respondents as a potential market for expansion.<\/p>\n

The survey suggests that Chinese companies are increasingly looking beyond simple goods exports and are placing greater emphasis on production bases, supply-chain development, research and development, local market access and regional business partnerships.<\/p>\n

ASEAN\u2019s economic growth, large consumer base, manufacturing capacity and geographic and commercial proximity to China have made the region an increasingly important destination for Chinese enterprises.<\/p>\n

Hong Kong, meanwhile, continues to play a major role as a service platform supporting the global expansion of mainland Chinese companies.<\/p>\n

According to the survey, 83 percent of respondents identified Hong Kong as their preferred location for obtaining professional services needed for overseas expansion.<\/p>\n

Hong Kong\u2019s strengths in international talent, marketing, accounting, financial services and supply-chain management were among the main factors cited by companies.<\/p>\n

The findings also highlight Hong Kong\u2019s continuing role as a financial and commercial gateway connecting mainland Chinese businesses with international markets.<\/p>\n

The latest survey reflects the growing importance of ASEAN in China\u2019s external business strategy. For Chinese companies, Southeast Asia is increasingly becoming not only an export market, but also a major centre for investment, manufacturing, supply-chain development and long-term regional expansion.<\/p>\n

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