The pace at which Chinese companies are going overseas is getting faster and faster. Wang Tuoxuan, managing partner of Deloitte China's North China region, said at a press conference held in Beijing on the 26th that in the past few years, there has been a marked improvement in the internationalization index of China's top 100 overseas enterprises and the quality of overseas operations. Wang Tuoxuan said that according to Deloitte's research analysis, the internationalization index of China's top 100 overseas companies increased from 19.7% to 21.3% from 2019 to 2023. He explained that the index takes into account factors such as the size of the company's overseas assets and the number of countries covered. “It seems to be less than 2 percentage points, but many countries have come a long way.” Wang Tuoxuan mentioned that another trend in the process of internationalization of Chinese enterprises is that more and more private enterprises are going overseas. In 2023, private enterprises accounted for 34% of China's top 100 overseas enterprises, an increase of nearly 10 percentage points over 2019. At the same time, the quality of overseas operations of Chinese enterprises has improved markedly. “In the past, the ability of a company to operate was to find a market, but now it's how to operate.” Wang Tuoxuan said that in recent years, the average overseas assets and revenue size of the top 100 overseas companies, as well as indicators such as overseas asset turnover and per capita income generation, have all increased dramatically, reflecting the continuous improvement of the companies' ability to internationalize.

The pace at which Chinese companies are going overseas is getting faster and faster. Wang Tuoxuan, managing partner of Deloitte China's North China region, said at a press conference held in Beijing on the 26th that in the past few years, there has been a marked improvement in the internationalization index of China's top 100 overseas enterprises and the quality of overseas operations. Wang Tuoxuan said that according to Deloitte's research analysis, the internationalization index of China's top 100 overseas companies increased from 19.7% to 21.3% from 2019 to 2023. He explained that the index takes into account factors such as the size of the company's overseas assets and the number of countries covered. “It seems to be less than 2 percentage points, but many countries have come a long way.” Wang Tuoxuan mentioned that another trend in the process of internationalization of Chinese enterprises is that more and more private enterprises are going overseas. In 2023, private enterprises accounted for 34% of China's top 100 overseas enterprises, an increase of nearly 10 percentage points over 2019. At the same time, the quality of overseas operations of Chinese enterprises has improved markedly. “In the past, the ability of a company to operate was to find a market, but now it's how to operate.” Wang Tuoxuan said that in recent years, the average overseas assets and revenue size of the top 100 overseas companies, as well as indicators such as overseas asset turnover and per capita income generation, have all increased dramatically, reflecting the continuous improvement of the companies' ability to internationalize.