Development strategy choice of China's Overseas Economic and Trade Cooperation Zones:The case of Southeast Asia
China's overseas economic and trade cooperation zones(COETCZ)have become an important platform for Chinese enterprises to"go global".How to achieve high-quality develop-ment of COETCZ is the realistic demand of the Belt and Road Initiative.Therefore,based on the field survey of COETCZ in Southeast Asia,this paper summarizes the construction modes of COETCZ in different development stages and the development strategies adopted,in order to provide experience reference for COETCZ to achieve high-quality development.For the con-struction of COETCZ in southeast Asia,the construction modes and development strategies ad-opted in different development stages are selected as follows:(1)In the initial stage of invest-ment,the construction tasks completed include confirming location selection,selecting invest-ment and financing modes and formulating park planning.According to the differences of the development experience and the national conditions of the host country,the location selection strategy of the park developers can be divided into two models.According to the difference of capital capacity and land ownership of host country,there are three investment and financing modes.According to the differences in the construction experience of the park developers,there are two development strategies.(2)During the development and construction period,the com-pleted construction tasks include the development and construction of infrastructure and invest-ment attraction.According to the differences of park developers'development and construction experience and capital capacity,the development and construction of infrastructure can be divid-ed into three strategies.According to the difference of the attraction ability of developers in the park,the attraction work has formed three modes.(3)During the operation and management pe-riod,the construction tasks completed include improving operation and management and inte-grating into the local environment.According to the operation management ability of park devel-opers and the degree of policy support of host country,the strategy selection for improving oper-ation management can be divided into three types.In terms of the strategy selection of integra-tion into the local environment,specific development strategies of different park developers vary greatly,but can be generally divided into three types.
The Belt and RoadChina's Overseas Economic and Trade Cooperation Zone(COETCZ)development strategyconstruction stageSoutheast Asia
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