For a long time, people have been discussing what is the real wealth code, and at present, a true wealth code that has been adhered to for ten years is recognized by more and more enterprises and individuals. In 2023, the "Belt and Road" initiative was proposed for ten years, what dividends will the enterprises participating in it enjoy in the past ten years? Entrepreneurs who actively participate in the joint construction of the "Belt and Road" have a deep understanding of this.

As the helmsman of one of China's top 500 private enterprises, Jin Weidong is deeply aware of the changes brought about by the "Belt and Road" initiative. As an agricultural industry enterprise that has actively participated in the construction of the "Belt and Road" since 2013. In the past ten years, this company has not only established a foothold overseas, but also gained a good reputation in Nepal, the Philippines, Indonesia, Russia and other countries along the "Belt and Road". The positive effects of the Belt and Road Initiative on enterprises going overseas are remarkable.

【During the same period】Chairman of Hefeng Food Co., Ltd. Jin Weidong

Enterprises should follow the guidance of the policy and operate with the trend, before the national "Belt and Road" initiative was issued, we had investments in two countries, but at that time, not only did they have no bottom in their hearts, but there were also disputes within the enterprise and between shareholders. After the proposal of the Belt and Road Initiative, we felt that there were more conveniences, the convenience of registration, and the convenience of talent entering and leaving, and we were paid more attention to in the local area (overseas investment countries).

In addition to many benefits such as investment convenience, import and export convenience, personnel entry and exit convenience, and reduction of raw material costs, what makes Jin Weidong most lamented is that the "Belt and Road" initiative has solved a very difficult problem for all Chinese overseas enterprises in countries along the route, that is, the choice of overseas partners.

【During the same period】Chairman of Hefeng Food Co., Ltd. Jin Weidong

Huang Shiwei, he is a patriotic overseas Chinese, he is an overseas Chinese leader, he wants to develop this (agricultural) industry, he doesn't know us, we don't know him, the Belt and Road Initiative is an inspiration for both of us. We hit it off. For him, we don't have to do our own due diligence, because our country, with our government, good diplomats, gives us a good hand. And he, there are domestic government and industry leaders, for him to take care of Hefeng, so we are just a question of how to cooperate, how to invest, do, and where to do it.

In the second year of participating in the joint construction of the "Belt and Road", the company at the helm of Jin Weidong was listed on the Shanghai Stock Exchange. Since its listing, it has been selected as one of the "Top 2022 Value Listed Companies on the Main Board of China" for four times, and has been rated as Grade A in Credit Disclosure Quality for five consecutive years. As of December 12, the company has more than 200 subsidiaries. There are more than 20 overseas, all of which are wholly owned and controlled. The good development of Chinese enterprises has brought substantial changes to the local economy, technology and people's livelihood. In the Philippines and Indonesia, the Chinese company alone has employed more than 700 local workers and increased production and income for at least <>,<> local farmers.

【During the same period】Guo Congxin, head of Indonesian joint venture partner of Chinese-funded enterprises

Since 2018, Hefeng has brought us excellent culture and scientific management, and our monthly sales have increased from 5,2 tons to 1,1 tons within <> years. In the future, we will work more closely together to promote the development of the joint venture.

【During the same period】 MQE farm farmer Eunice Hilario in the Philippines

I am Eunice Hilario from MQE Farm in the Philippines and have been in the pig industry for over 20 years and have been buying breeding pigs from different breeding companies. Last year, a batch of breeding pigs were imported from Jinfeng (Hefeng joint venture), and compared with the previous breeding pigs, the production performance was good. Because of the good quality of the meat, buyers lined up to buy our pigs, which made us earn more money.

Recently, the latest data released by China's Ministry of Commerce showed that China's foreign non-financial direct investment in the first two months of 2023 was 1360.4 billion yuan, a year-on-year increase of 35.7%; It is equivalent to 199.6 billion US dollars, a year-on-year increase of 26.5%. Among them, the non-financial direct investment of Chinese enterprises in countries along the "Belt and Road" was US$40.4 billion, an increase of 27.8% year-on-year, accounting for 20.2% of China's total foreign non-financial direct investment in the same period.

Reporting by Diao Haiyang, Zhao Guihua, Yu Ruizhai, and Shenyang

Responsible Editor: [Luo Pan]