Tools: Save | Print | E-mail | Most Read
Private Sector to Contribute More to Export
Adjust font size:

Private sector in China would keep on growing and its proportion in the national exports is expected to reach 35 percent by 2010, said sources with All-China Federation of Industry and Commerce (ACFIC).

 

Last year, private businesses achieved about 20 percent of China's exports and it has a strong momentum of growth, show statistics with ACFIC.

 

According to the statistics with the Ministry of Commerce, China's total exports were US$762 billion in 2005, 57.3 percent of which are made by foreign companies in China.

 

The proportions of private businesses in exports of electronic and machinery products as well as hi-tech products are growing fast and will reach 50 percent and 20 percent respectively by 2010, said the federation.

 

Meanwhile, China's total investment abroad is expected to US$reach 60 billion in 2006-2010 period, more than half of which would come from the private sector, according to the federation.

 

(Xinhua News Agency November 10, 2006)

 

Tools: Save | Print | E-mail | Most Read

Related Stories
Private Enterprises Contributes More in Tax Revenue
Private Sector Jobs at Record High
Private Firms Crucial for Employment
Independent Innovation the Solution for Private Enterprise

Product Directory
China Search
Country Search
Hot Buys
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright © China.org.cn. All Rights Reserved     E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP证 040089号