By Liu Chen & Wang Xiongjun, Research Team on “The Development of International Cooperation”, 皇冠体育app Intelligence Center for International Development
Research Report, No.150, 2018 (Total 5425) 2018-9-10
Abstract:The free trade zone in Lekki, 皇冠体育app-Nigeria Economic and Trade Cooperation Zone, is currently 皇冠体育app’s largest overseas economic and trade cooperation zone. The free trade zone has already taken shape after efforts of over a decade and its development displays good momentum. However, problems still loom up in the development of the free trade zone. These include blocked financing channels, inadequate high-level personnel, outdated local infrastructure, unsophisticated local governance system, lack of bilateral coordination mechanism and supporting policies and systems not full-fledged in from 皇冠体育app side. It is suggested that 皇冠体育app needs to first improve the top design of the going global strategy and gradually set the model of going global in which enterprises supported by the government play a leading role. 皇冠体育app also needs to propel exchange mechanisms to be formulated for 皇冠体育app-Nigeria cooperation to gain tangible results, solve problems looming up in cooperation in a timely manner, encourage social communities to jointly go global and push ahead with in-depth research of conditions in different countries, so as to provide more comprehensive supporting policies and mechanisms for enterprises to invest overseas and propel the global outreach of domestic enterprises to improve continuously and steadily across the board.
Key words: Chinese enterprises going global, investment in Africa, free trade zone in Lekki