Technological industrialization and the leapfrogging development of emerging technologies are creating new opportunities for the globalization of Chinese companies, said experts and top executives.

Chinese companies' rising global competitiveness in advanced manufacturing, green energy and digital technology, and high-tech products has become a key driver of export growth. Export value surged 39 percent year-on-year to 3.26 trillion yuan ($490 billion) in the first half of 2026, according to professional services provider Deloitte.

With artificial intelligence's deeper integration into industries, the intelligent transformation in advanced manufacturing and technology is accelerating, promoting China's technology-intensive industries worldwide, according to the report jointly compiled by Deloitte, the Yicai Research Institute and media service provider Chin@Moment.

The competitiveness of Chinese companies is no longer confined to one single product. It is about their strengths in the global industrial chain, which is reflected by the rising global status of Chinese companies specializing in advanced equipment, digital economy, photovoltaic technology, energy storage and other sectors, said Zhou Hanmin, chairman of the Shanghai Public Diplomacy Association.

China's new energy industry is expected to play a bigger role in overseas energy transition. Growing AI investment has driven up electricity demand globally. This has been translated into higher requirements for flexible power systems, energy security, energy storage, and energy management technologies, all of which coincide with Chinese companies' competitive edges, according to the report released during the ninth China International Import Expo, which was concluded on Nov 10 in Shanghai.

These companies need to build global management capabilities in market entry regulations, local distribution channels, tax and compliance to become international industry leaders, said Zhou.

China's overseas direct investment hit a record $213.58 billion in 2025, accounting for 11.5 percent of the global total. Outbound investment stock reached $3.38 trillion, ranking among the world's top three for the ninth consecutive year. This marks an acceleration in Chinese companies' "going global" pace and their growing ability to build a global presence, the report said.

The globalization of Chinese companies is taking multiple forms. Overseas mergers and acquisitions, greenfield investment, and local production have become mainstream paths for companies to get closer to target markets. New models are also emerging, such as technology licensing and cooperation, said the report.

Lydia Chen, Deloitte China Research Managing Partner, said the globalization of Chinese companies has moved beyond the phase of simply exporting products. Integrating into the local industrial ecosystem will define their success in the overseas expansion, she said.

Precision medical laser equipment provider Shanghai Raykeen Laser Technology is recognized by the Ministry of Industry and Information Technology as a "little giant" manufacturing company. In its 13-year history, the company has sold its products in more than 20 overseas markets.

The company's general manager, Zhang Jingshen, said establishing industry standards was one of their major ways of expanding into new markets. China's technologies and training systems are quite advanced in certain areas, she said. Exporting these innovations can lead to regulated development of the local markets and also explains the popularity of Chinese products, Zhang said.

Lawrence Jin, chief growth officer for Deloitte China, said outbound Chinese companies should strike a balance between long-term strategy and agile operation, compliance and commercial efficiency, and global management and local adaptation.

Xu Heng, general manager for cross-border business at the president's office of food and beverage company Tingyi Holding, said in-depth analysis of target markets, a local team and active participation in international exhibitions are crucial factors for Chinese brands aiming to go global.

The success of Chinese retail brands such as Pop Mart and Chinese gaming companies has shown the appeal of Chinese culture. Retailers can also leverage short dramas to better build their brand names by adding more Chinese cultural elements, she said.

According to Qin Shuo, founder of Chin@Moment and a veteran financial commentator, the global expansion of Chinese companies is now balanced like a dumbbell, with low-end products and high-end products both seeing strong export momentum.

On one hand, overseas expansion is crucial to Chinese companies' evolution. On the other, Chinese companies are needed to fill the gaps in other markets in terms of infrastructure, smart manufacturing, digitalization and e-retailing, said Qin.

"As experts from the World Economic Forum wrote in a paper last year, China's structural advantage in integrating innovation and manufacturing may prove to be the most lasting hidden wealth of the country, exemplified by the mobile phone supply chain strength extended to new energy vehicles, drones and smart energy," he said.

"Against that backdrop, Chinese companies should stick to the rule of creating value for consumers and all stakeholders to ensure their sustainable development in overseas markets."

source: China Daily

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