Wenzhou Sme Internationalization

Although the study on internationalization began a long time ago,the study of this subject began in the 1980s in China.With the deepening of China's "open policy" and Chinese enterprises' growing in such surrounding,it became the theory field,government and enterprises' common sense that Chinese enterprises including the non-state-based or small and medium-sized enterprises shall conduct internationalization.Whereas what is internationalization,how to conduct it,especially in the dramatically changing international economic and technological surrounding,how to suit to these changes,what are the development tendencies,and what kind of way small and medium-sized enterprises shall adopt to conduct internationalization,making what strategic choice,etc are in the ascendant.In Wenzhou,many SME try to expand transnational operation in an early.In the internationalization process,small and medium-sized enterprises of Wenzhou have their own features which accumulate certain experience but also face many problems.This article is trying to offer an answer to the above questions based on the pervious study result and small and medium-sized enterprises of Wenzhou internationalization practice in recent years.The decisive factor for an enterprise's success is not its scale,but its competitive advantage.Small and medium-sized enterprises of Wenzhou have their special advantages in internalization process,its business format does not have advanced one or elementary one.The best form is the one most suitable to itself.The internationalized road for Wenzhou SMEs is diversified and multi-leveled.Each SME shall decide its involvement in the internationalized business as per its natural endowment,external condition and strategic aim.This article is basically composed of six chapters:Chapter one shows the significance and the structure of this article and the research method used in it.Chapter two mainly introduces the basic concept of SMEs, internationalization and internationalized business,and states theories important to the internationalization of Wenzhou SMEs.Chapter three mainly analyzes the current situation, surrounding,comparative advantages and problems of internationalization practice of SMEs of Wenzhou city.Chapter four carries a research on the internationalization motive,the competitive advantage of Wenzhou SMEs,the choose of foreign market and the specific arrangement entry mode in Wenzhou SMEs'internationalization.Chapter five points out the problems Wenzhou SMEs meet and gives suggestions which can promote the internationalization of Wenzhou SMEs.Chapter six puts forward the conclusion and prospects for the internationalization of Wenzhou SMEs.