Business
Last updated at: (Beijing Time) Saturday, February 21, 2004
Foreign-funded firms export most of China's electronic goods
Foreign-invested enterprises exported 70.7 percent of China's electromechanical products last year, according to a national work conference on export, import of electromechanical products.
Most of the top 10 exporters were foreign-invested firms and coastal and eastern areas were home to most of China's big and small electromechanical exporters.
Shanghai Municipality and Guangdong and Jiangsu Provinces are home to 457 exporters, or 72 percent of the country's 632 major electromechanical export firms, all boasting yearly exports of over 50 million US dollars.
Customs figures show the 632 enterprises exported 143.818 billion US dollars, or 63.2 percent of the country's total export of electromechanical products the previous year, with the leading enterprise exporting 6.241 billion US dollars.
Source: Xinhua
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