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Expand overseas markets | China Wenzhou-Mexico Investment Environment Promotion Conference was a complete success

Publish Date: 2021.04.23

  On the morning of April 23, hosted by the Wenzhou Council for the Promotion of International Trade (CCICC) and Ruian Municipal People’s Government; undertook by the Ruian Council for the Promotion of International Trade and Rui’an International Chamber of Commerce; co-organized by Window of Auto and Motorcycle Parts and the Wenzhou-Mexico Investment Environment of Ningbo Bank Rui’an Branch The promotion meeting was successfully held in the International Hall of Rui'an International Hotel.

  

  Wenzhou City Council for the Promotion of International Trade President Su Lisheng, Wenzhou City Council for the Promotion of International Trade Vice President Yu Xinchen, Ruian City Council for the Promotion of International Trade and Industry Director Su Zhengwang, Mexican Consul General in Shanghai Lorena Larios (Liu Ruolan), Mexico American Industrial Group General Manager Aleo Yang and other guests were invited attend. President of the Mexican National Auto Parts Association: Oscar Albin remote real-time conference "Cloud Participation".

  

  Nearly 90 people, including representatives of local auto parts companies in Ruian, representatives of trade associations with Latin America, and investment intentions in Mexico, were invited to attend the conference.

  

  This promotion was firstly addressed by Su Lisheng, Chairman of the Wenzhou Council for the Promotion of International Trade.

  

  He said: In the context of intensified Sino-US trade frictions, Mexico has become an important investment place for Chinese manufacturing companies to bypass US trade barriers and expand the European and American markets. The United States-Mexico-Canada Agreement (USMCA) is a free trade agreement reached by the United States, Mexico, and Canada after renegotiating the North American Free Trade Agreement. After the amendment of the agreement, restrictions on the localization of the auto industry are particularly prominent. USMCA The entry into force of the two parties will also bring new opportunities and influences to the bilateral auto parts industry.

  

  The purpose of this promotion conference is to help Wenzhou enterprises, especially those in the auto and motorcycle parts industry, gain in-depth understanding of management issues and solutions related to human resources, land, taxation, logistics and customs clearance involved in investing in Mexico, and further help Wenzhou enterprises to expand the American market .

  

  Later, the Consul General of Mexico in Shanghai Lorena Larios (Liu Ruolan) gave a short speech on China’s economic relations and development trends. At the meeting, it was stated that the Mexican Embassy in China and the Mexican consulates in China will provide customized information and policies for Chinese manufacturing companies. It is suggested that the policy support will be provided in coordination with Mexico's own administrative regions at different levels to escort companies to expand the American market.

  

  Then, Aleo Yang (杨π), general manager of Mexico's American Industrial Group in China, introduced in detail how to invest in Mexico safely/economically and quickly and Mexico's strategy to attract overseas investment-the American Industrial Asylum Incubation Project.

  

  Immediately afterwards, the meeting remotely connected with Oscar Albin, Chairman of the Mexican National Auto Parts Association, to introduce in detail the current status and development trend of the Mexican auto parts industry, and strongly welcome Chinese auto and motorcycle parts companies to establish processing plants in Mexico to jointly expand the market.

  

  After that, Lorena Larios (Liu Ruolan), Consul General of Mexico in Shanghai, answered questions and interacted with the participating companies.

  

  made a detailed answer to the question of Mexico’s demand for the purchase of auto and motorcycle parts in our city. "Due to the different policies of the Mexican states, the OEM needs of each state are also different. The southern region mainly produces Volkswagen brand auto parts; the northern states mainly produce Ford and other brand models. OEM demand is more concentrated, mainly exported to the United States; the central region has the largest demand. Due to the superior geographical location and the rapid logistics base, it has gathered about 90% of the auto and motorcycle parts suppliers in Mexico."

  

  Finally, the Wenzhou City Council for the Promotion of International Trade and the Mexican Automobile Manufacturers Association signed a memorandum of understanding on the establishment of a representative office in Mexico.

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