Transformation of China’s Foreign Trade Enterprises Under “the Belt and Road Initiative”

The cooperation mode under “the Belt and Road Initiative” has changed. Foreign enterprises constantly erect trade barriers to China’s export of foreign trade products, which has resulted in that the factor cost of China’s foreign trade has risen while the added value of traditional products is low. As a result of the rise of e-commerce, an urgent need to exploit new foreign trade markets, a lack of right to develop international standards for products, and an insufficient innovation of small and medium-sized enterprises in China, China’s foreign trade enterprises must accelerate the development of demonstration bases for foreign trade transformation and upgrading, actively construct international e-commerce platforms and change the market direction, improve product quality, and enhance the ability of service innovation, so as to carry out enterprise transformation and upgrading. Keywords—“the Belt and Road Initiative”; foreign trade enterprises; transformation