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279 Chinese High-Tech Companies Exported Over US$100 million

February 21, 2006
Business

According to statistics from China's Ministry of Commerce (MOFCOM), in 2005 there were 279 enterprises whose export of high-tech products exceeded US$100 million, and the total high-tech export of these enterprises amounted to US$172.82 billion, accounting for 79.2% of national total.

There was one unnamed enterprise whose high-tech export exceeded US$10 billion, 4 enterprises whose high-tech export exceeded US$5 billion and 38 enterprises whose high-tech export exceeded US$1 billion.

Last year, there were 313 enterprises whose high-tech imports exceeded US$100 million, and total high-tech import of these enterprises amounted to US$136.47 billion, accounting for 69% of national total high-tech import. Out of which there was one enterprise whose high-tech import exceeded US$5 billion and 24 enterprises whose high-tech import exceeded US$1 billion.

MOFCOM's figures show that high-tech products exported with Chinese independent IPR and brands exceeded US$20 billion.

Overseas sales of Huawei Technologies reached US$4.8 billion, of which high-tech products export amounted to US$2 billion, up by 86% compared with the same period last year.

Exports of International Information Products (Shenzhen) Co., Ltd. of Lenovo, amounted to US$1.34 billion.

Exports of ZTE Corporation amounted to US$740 million, up by 72.4% compared with the same period last year.

Exports of TCL reached US$620 million, up by 56.9%.

Exports of Ningbo Bird Co., Ltd. amounted to US$400 million, up by 67% compared with the same period last year.

Tags: accounting | China | Chinese | enterprise | export | Exports | Guangdong | Huawei | import | international | IPR | Lenovo | Ministry of Commerce | Mofcom | Ningbo | overseas | sales | Shenzhen | statistics | TCL | technology | Total | ZTE

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