Foreign firms main force backing China's export recovery

07:07, April 21, 2010      

Email | Print | Subscribe | Comments | Forum 

Foreign companies in China took the "absolute" lead in China's exports and helped back a recovery in the country's exports last year, according to a report issued Tuesday.

Foreign companies, which are better at adapting to the international market, played "an important role" in pushing China's exports to recover last year, said the report titled with "the top 200 companies in China in size of foreign trade in 2009", issued in China Customs magazine, run by the General Administration of Customs.

Among the top 200 companies, 153 were foreign-funded in 2009, compared with 141 in 2008. The 200 companies boast combined exports of 250.74 billion U.S. dollars last year.

Huawei Technologies, with the largest exports value of 6.99 billion U.S. dollars last year among domestic companies, ranked the eighth among the top 200, the report said.

"Data indicates that foreign companies play an absolutely leading role in China's exports," the report added.

Government data showed that China's exports went into the black in December of last year, resuming growth after 13 months of declines.

Exports of the top 200 companies topped 322.3. billion U.S. dollars last year, down 6.3 percent from the previous year.

Source: Xinhua

(Editor:黄硕)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • On Sept. 26, a resident passes by a flower terrace decorated for the coming National Day. (Xinhua/Hang Xingwei)
  • The photo, taken on Sept. 26, shows the SWAT team ready for the joint exercise. (Xinhua/Wangkai)
  • Two metro trains in Shanghai collided Tuesday afternoon, and an identified number of passengers were injured in the accident, the Shanghai-based eastday.com reported. Equipment failures were believed to have caused the crash on the Line 10 subway, Xinhua quoted local subway operator as saying.
  • An employee at a gold store in Yiwu, located in east China's Zhejiang province, shows gold jewelry on Monday.(Xinhua/Zhang Jiancheng)
  • Tourists ride camels near China's largest desert lake Hongjiannao in Yulin, north China's Shaanx Province, Sept. 24, 2011. Hongjiannao is shrinking as a result of climate change and human activities, and may vanish in a few decades. Its lake area, which measured more than 6,700 hectares in 1996, has shrunk to 4,180 hectares. Its water level is declining by 20-30 centimeters annually and its water PH value has risen to 9.0-9.42 from 7.4-7.8. (Xinhua/Liu Yu)
  • Actors perform royal dance at the Gyeongbok Palace in Seoul, Sept. 27, 2011. A ceremony commemorating the 38th South Korea Sightseeing Day was held in Gyeongbok Palace on Tuesday. (Xinhua/He Lulu)
Hot Forum Discussion