Green Real Estate Leads ManufacturingOverseasSurge This white paper systematically analyses the development status,paths, challenges and newglobalisationopportunities for Chineseenterprises going overseas, focusing on the core logic andpractical path of enterprises' overseas real estate strategies. Contents Foreword In 2025, the global economic landscape has undergone profoundadjustment, the Sino-US strategic rivalry will enter a new stage ofcomplexity, and the global industrial and supply chain will acceleratethe shift towardregionalisation, nearshoring, and diversification. Inthis context, going overseas for Chinese enterprises hasshiftedfroman optional "multiple-choice question" to a "compulsory course" that iscritical to their viability and long-term development, and has become acore pathwayof "China's power sweeping the world". According to thedata, as of 2024, the overseas revenue of Chinese listed companiesexceeded the RMB10 trillion mark for the first time, accounting for13.8% of total revenue, while domestic revenue experienced its firstnegative growth in 10 years. US$34.36 billion in Chinese investment in 2024, becoming akeydestination for green manufacturing and real estate to gooverseas in collaboration. Meanwhile, the land-sea connectivitynetwork spanning "Asia–Europe–Africa + Emerging Markets" underthe " and Road"Initiativeis providing stable policy support for theimplementation of green projects and real estate development. Wave of Manufacturing Global Expansion"systematically review thedevelopment of Chinese enterprises going overseas, it analyses thelogic behind destination country selection and industry distributionpatterns, summarizes typical overseas models and supportingstrategies such as industrial chain collaboration, green transformation,and real estate support. Itintroduces the support service system ofcentral and local governments, with a focus on enterprises' overseaslayout and practical pathways in green realestateand industrial realestate, and refines practical experience through case studies ofoverseasprojects. At the same time, drawing on the latest changes inthe global economic and trade landscape in 2025, the white paperlooks ahead to the trends and strategies of enterprises' overseasexpansion in 2026, offering a data-backed and practice-orientedreference framework for Chinese enterprises to seize newopportunities inglobalisation, enhance international competitiveness,and continue to unleashChina's strength ingreen development. In this process, Chinese enterprises' overseas expansion exhibitsdiverse characteristics: traditional manufacturing firms rely onoverseas industrial real estate to achieve gradual capacity relocationand green transformation, leading enterprises drive the coordinatedoverseas expansion of industry chains and work with propertydevelopers to build industrial clusters in key regions, whilesmall andmedium-sized enterprises leverage digital platforms to accurately layout market segments and supporting properties. At the same time,enterprises focus on overseas green real estate and industrial realestate footprint, focusing on logistics and warehousing, industrialparks and other tracks, in line with the needs of the "Belt and Road"co-founding countries and RCEP member countries. However,opportunities and challenges coexist-enterprises must notonlymanage external risks such as geopolitical tensions and compliancebarriers, but also addressinternal shortcomings such as greentechnology implementation, thelocalisationof real estate operation,and brand building. The overseas expansion of Chinese enterprises is the result of thecombined action of internal and external drivers and regionalopportunities, and it is also an inevitable choice for greentransformation and industrial synergy. In 2024, steel, photovoltaic, realestate and other industries witnessed significant adjustments, with thenet profit of the photovoltaic equipment industry falling by 126.34%and the profit of the steel industry falling by 54.6%. At the same time,under the requirements of high-quality economic development,enterprises need to obtain advanced technology and internationalbrands throughinternationalisation, empower industrial upgrading withgreen technology, and accelerate the transformation from "Made inChina" to "Made Globally" with the early deployment of overseasindustrial and logistics real estate providing a solid platform for thistransformation. On the external front, the protracted nature of China-US trade frictions is forcing strategic adjustments. Although the twosides entered a tariff "truce" in November 2025, the rivalry hasextended to the technological blockade and restructuring of rules,making "nearshoringfootprint" and green real estate in SoutheastAsia, Mexico and other places a pragmatic choice to avoid barriers.As the core of the regional economy, ASEAN attracted a record-high Based on this white paper, under the overarching theme of "GreenEmpowerment with Real Estat