State-owned enterprises of Yunnan are actively going abroad, expanding to neighboring countries such as Vietnam, Laos, Myanmar and Thailand and other overseas markets, striving to be the pioneer of the "Belt and Road" construction. By the end of 2021, Yunnan provincial enterprises had set up more than 100 subsidiaries in 21 foreign countries or regions, with an investment of US $7.461 billion.

In terms of investment cooperation, Yunnan Provincial enterprises actively "go global" to undertake and implement overseas projects, and their business covers the markets of 27 countries and regions. Yunnan Jiantou was awarded the national excellent overseas project of "Safe Development, Shared Prosperity" for the construction of Laos Vientiane Sayseta Comprehensive Development Zone. The China-Laos railway with the participation of Cloud Investment Group has been completed and opened to traffic as scheduled. The construction of Angkor International Airport in Cambodia with the participation of Cloud Investment Group, Aviation Investment Group and Construction Investment Group has achieved initial results. The construction of overseas projects such as Zambian Tobacco rebaking factory undertaken by Yunnan Design Institute and Lao Railway Vocational and Technical College jointly participated by Yunnan Construction and Investment Group is progressing in an orderly manner. The civil explosive production project jointly built by Ronghe Holding and Kazakhstan was listed as one of the 51 key projects witnessed by the heads of state of China and Kazakhstan. The Salong Class I hydropower Station, jointly built by Yunnan Nengtou Group and Laos, has been put into operation.

In terms of cross-border trade, Yunnan Industrial Investment Group has jointly built the cross-border transportation "Internet of Things" system and "smart logistics" platform, built a cross-border logistics public information system for South and Southeast Asia, and realized physical information interconnection within the region. Yunnan Jiantou Group has established two-way trade and cross-border logistics services with Southeast Asian countries, Japan, Germany and other more than 20 countries. Ytianhua Group builds a global supply chain service platform driven by "industrial chain + supply chain". By integrating and sharing supply chain resource elements, Ytianhua Group has formed global brands and channel advantages, and built a centralized supply chain platform for core categories of Ytianhua global energy products. Yunnan State Farming Group is fully engaged in the international trade of agricultural products, exporting flowers, coffee, vegetables, apples, edible fungi and other green agricultural products to countries in Southeast Asia, South Asia and the Middle East, and actively exploring the overseas green food market.

In terms of resource sharing, Yuntin Holdings has strengthened cooperation in overseas tin mines and other key projects, and participated in the formulation of international industry standards, production capacity cooperation and technical exchanges. Yunnan State Farming Group has deepened cooperation with Laos, Myanmar and other countries in the cultivation and processing of natural rubber to ensure the safe and effective supply of strategic resources. At the same time, it has expanded the alternative cultivation of opium poppy and contributed to the international drug control cause.

Cross-border financial aspects, rich yunnan bank in Laos joint venture set up in the "old Banks", make the provincial capital businesses as the only national inter-bank foreign exchange market of RMB for direct exchanges of the Thai baht "market maker" city businesses, is also the first directly from Laos overland transportation kip in notes to the domestic Banks, to provide support for Laos bilateral financial facilities each other, It has become a model for local commercial banks to take the lead in going abroad.

Source: State-owned Assets Supervision and Administration Commission of the State Council