[4]: 56 In February 1998 at the Second Plenary Session of the Fifteenth Central Committee, Jiang stated that as part of the policy on responding to the Asian Financial Crisis, leaders should encourage exports and support powerful state-owned enterprises in setting up factories overseas.
[3]: 77 During Jiang's tenure, the policy greatly expanded China's investment and influence in global South countries, especially those in Africa and Asia.
[5]: 403 China's sovereign funds have supported efforts to Go Out, including by helping Chinese enterprises finance mergers and acquisitions abroad.
"[10]: 222–223 From 1990 to 2018, Chinese enterprises established eleven SEZs in sub-Saharan Africa and the Middle East including: Nigeria (two), Zambia, Djibouti, Kenya, Mauritius, Mauritania, Egypt, Oman, and Algeria.
[11]: 177 As Dawn C. Murphy summarizes, these zones now "aim to transfer China's development successes to other countries, increase business opportunities for China manufacturing companies, avoid trade barriers by setting up zones in countries with preferential trade access to important markets, and create a positive business environment for Chinese small and medium-sized enterprises investing in these regions.
[11]: 188 Chinese policy guidance has specifically encouraged such efforts in rubber, oil palm, cotton, vegetable cultivation, animal husbandry, aquaculture, and assembly of agriculture machines.
[11]: 184 China is motivated to establish these centers out of both an ideological commitment to fostering South-South cooperation and sharing its experience with less developed countries and by a pragmatic desire to increase its long-term food security.
[7]: 80 Chinese foreign direct investment in southeast Asia is primarily in sectors like mining, energy, industrial parks, and infrastructure.