China-ASEAN SME Cooperation Under the Belt and Road Initiative Obstacles and Path Choices to Deepen Development

Shaogang Liao; Zhikang Luo

doi:doi:10.11648/j.ijber.20200903.14

| Peer-Reviewed

China-ASEAN SME Cooperation Under the Belt and Road Initiative Obstacles and Path Choices to Deepen Development

Shaogang Liao, Zhikang Luo

Published in International Journal of Business and Economics Research (Volume 9, Issue 3)

Received: 23 March 2020 Accepted: 20 April 2020 Published: 14 May 2020

Views: Downloads:

Download PDF

Share This Article

Twitter
Linked In
Facebook

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.

Published in	International Journal of Business and Economics Research (Volume 9, Issue 3)
DOI	10.11648/j.ijber.20200903.14
Page(s)	117-124
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2020. Published by Science Publishing Group

Keywords

The “Belt and Road”, China-ASEAN, SME Cooperation, Competitiveness, Complementarity

References

[1]	Zhu Meilin, Wang Liqin. Construction, Evolution and Trend of China-ASEAN Relations from the Speech of Chinese Leaders at China-ASEAN Leadership Conference [J]. Fudan International Relations Review, 2018 (02): 340-354.
[2]	Quan Yi, Gao Junxing. Investigation Report on the Status of China's Construction of Overseas Economic and Trade Cooperation Parks in ASEAN [J]. Southeast Asia Aspect, 2018 (06): 54-61.
[3]	Zhao Diqiong. Research on Guangxi Small and Medium-Sized Enterprises Financing——Based on the Perspective of China-ASEAN Free Trade Area [J]. Academic Forum, 2012, 35 (01): 113-115 + 123.
[4]	Shen Tao, Xu Jingyi, Cao Mengzhen. Research on the Impact of Bilateral Exchange Rate Changes on China-ASEAN Capacity Cooperation from Multiple Perspectives [J]. Regional Finance Research, 2019 (09): 14-22.
[5]	Nie Honglong. Research on the Competitiveness, Complementarity and Trade Potential of China-ASEAN Trade [J]. Reform and Opening up, 2019 (15): 32-37.
[6]	Jin Dan. Research on Political and Diplomatic Strategies for Promoting China-ASEAN Cooperation under the Belt and Road Initiative [J]. Peace and Development, 2019 (02): 84-100 + 136.
[7]	You Hongbing, Xu Mengyun, Wang Tiantian. Obstacles and Path Choices Facing the Deepening Development of China-ASEAN Financial Cooperation [J]. References in Economic Research, 2019 (05): 111-119.
[8]	Cui Xiaojing, Xiong Xin. Improvement and Innovation of Tax Collection and Management Cooperation between China and the “Belt and Road” Countries [J / OL]. Academic Forum, 2019 (04): 61-71 [2019-10-30]. https://doi.org/10.16524/j.45-1002.2019.04.002.
[9]	Fu Yuanjia. Strategic Research on Guangxi's Comprehensive Participation in the 21st Century Maritime Silk Road [J]. Industrial Innovation Research, 2019 (05): 30-32 + 38.
[10]	Jiang Decui. Dilemma and Outlet of China-ASEAN Free Trade Area Investment Dispute Resolution Mechanism [J]. Hebei Law, 2020, 38 (05): 104-116.
[11]	Yue Wen, Han Jian. Analysis of the influencing factors of enterprises using FTA exports [J]. Journal of Beijing Technology and Business University (Social Science Edition), 2020, 35 (02): 34-44.
[12]	Cao Yunhua, Li Junsuo. ASEAN Economic Community and "21st Century Maritime Silk Road": Competition and Cooperation [J]. Guangdong Social Sciences, 2020 (02): 37-44.
[13]	Shen Tao, Cao Mengzhen. A Study on the Influencing Factors of Dynamic Fluctuations in China’s Export Trade with ASEAN——Based on the Data of Key Industries for Capacity Cooperation [J]. Guangxi Social Sciences, 2020 (01): 67-74.
[14]	Sun Lin, Zhou Kexuan. The Impact of Regional Trade Policy Uncertainty on the Product Quality of Chinese Export Enterprises——Taking the China-ASEAN Free Trade Area as an Example [J]. International Trade Issues, 2020 (01): 127- 143.
[15]	Gao Zhen, Zhao Shun, Ni Weihong, Zhong Guoshuang. Collaborative research on agricultural standards of countries along the “Belt and Road” —— Taking agricultural machinery trade between China and ASEAN countries as an example [J]. Science and Technology Management Research, 2020, 40 (01): 144-149.
[16]	Peng Xueqing, Xia Fei, Chen Xiuqian. Is cultural identity a catalyst for China’s export of ASEAN cultural products-an empirical test based on LSDV [J]. International Economic and Trade Exploration, 2019, 35 (12): 57-69.
[17]	Wang Yonghui, Zhang Zheng. Preference for regional public products constructed by the China-ASEAN small multilateral cooperation mechanism [J]. Indian Ocean Economies Research, 2019 (06): 81-97 + 152.
[18]	Yun Qian. Analysis of the path of China-ASEAN financial cooperation under the “Belt and Road Initiative” [J]. Asia-Pacific Economics, 2019 (05): 32-40 + 150.
[19]	Guo Yanjun. China-ASEAN “One Belt, One Road” Cooperation: Main Progress, Multiple Cognitions and Promoting Paths [J]. Contemporary World, 2019 (09): 61-66.
[20]	Chen Xiulian. Research on the new structure of China-ASEAN economic and trade cooperation model under the “Belt and Road Initiative” [J]. International Trade, 2019 (07): 79-87 + 96.

Cite This Article

Plain Text BibTeX RIS

APA Style

Shaogang Liao, Zhikang Luo. (2020). China-ASEAN SME Cooperation Under the Belt and Road Initiative Obstacles and Path Choices to Deepen Development. International Journal of Business and Economics Research, 9(3), 117-124. https://doi.org/10.11648/j.ijber.20200903.14

Copy | Download

ACS Style

Shaogang Liao; Zhikang Luo. China-ASEAN SME Cooperation Under the Belt and Road Initiative Obstacles and Path Choices to Deepen Development. Int. J. Bus. Econ. Res. 2020, 9(3), 117-124. doi: 10.11648/j.ijber.20200903.14

Copy | Download

AMA Style

Shaogang Liao, Zhikang Luo. China-ASEAN SME Cooperation Under the Belt and Road Initiative Obstacles and Path Choices to Deepen Development. Int J Bus Econ Res. 2020;9(3):117-124. doi: 10.11648/j.ijber.20200903.14

Copy | Download

@article{10.11648/j.ijber.20200903.14,
  author = {Shaogang Liao and Zhikang Luo},
  title = {China-ASEAN SME Cooperation Under the Belt and Road Initiative Obstacles and Path Choices to Deepen Development},
  journal = {International Journal of Business and Economics Research},
  volume = {9},
  number = {3},
  pages = {117-124},
  doi = {10.11648/j.ijber.20200903.14},
  url = {https://doi.org/10.11648/j.ijber.20200903.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20200903.14},
  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.},
 year = {2020}
}

Copy | Download

TY  - JOUR
T1  - China-ASEAN SME Cooperation Under the Belt and Road Initiative Obstacles and Path Choices to Deepen Development
AU  - Shaogang Liao
AU  - Zhikang Luo
Y1  - 2020/05/14
PY  - 2020
N1  - https://doi.org/10.11648/j.ijber.20200903.14
DO  - 10.11648/j.ijber.20200903.14
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 117
EP  - 124
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20200903.14
AB  - 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.
VL  - 9
IS  - 3
ER  -

Copy | Download

Author Information

Shaogang Liao

School of Finance, Taxation and Public Administration, Jiangxi University of Finance and Economics, Nanchang, China
Zhikang Luo

School of Finance, Taxation and Public Administration, Jiangxi University of Finance and Economics, Nanchang, China

Download PDF

Sections

Plain Text BibTeX RIS

APA Style

Shaogang Liao, Zhikang Luo. (2020). China-ASEAN SME Cooperation Under the Belt and Road Initiative Obstacles and Path Choices to Deepen Development. International Journal of Business and Economics Research, 9(3), 117-124. https://doi.org/10.11648/j.ijber.20200903.14

Copy | Download

ACS Style

Shaogang Liao; Zhikang Luo. China-ASEAN SME Cooperation Under the Belt and Road Initiative Obstacles and Path Choices to Deepen Development. Int. J. Bus. Econ. Res. 2020, 9(3), 117-124. doi: 10.11648/j.ijber.20200903.14

Copy | Download

AMA Style

Shaogang Liao, Zhikang Luo. China-ASEAN SME Cooperation Under the Belt and Road Initiative Obstacles and Path Choices to Deepen Development. Int J Bus Econ Res. 2020;9(3):117-124. doi: 10.11648/j.ijber.20200903.14

Copy | Download

@article{10.11648/j.ijber.20200903.14,
  author = {Shaogang Liao and Zhikang Luo},
  title = {China-ASEAN SME Cooperation Under the Belt and Road Initiative Obstacles and Path Choices to Deepen Development},
  journal = {International Journal of Business and Economics Research},
  volume = {9},
  number = {3},
  pages = {117-124},
  doi = {10.11648/j.ijber.20200903.14},
  url = {https://doi.org/10.11648/j.ijber.20200903.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20200903.14},
  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.},
 year = {2020}
}

Copy | Download

TY  - JOUR
T1  - China-ASEAN SME Cooperation Under the Belt and Road Initiative Obstacles and Path Choices to Deepen Development
AU  - Shaogang Liao
AU  - Zhikang Luo
Y1  - 2020/05/14
PY  - 2020
N1  - https://doi.org/10.11648/j.ijber.20200903.14
DO  - 10.11648/j.ijber.20200903.14
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 117
EP  - 124
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20200903.14
AB  - 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.
VL  - 9
IS  - 3
ER  -

Copy | Download