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Location:Home > Economic and Trade Info > Market Survey
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| Private firms drive trade recovery in Guangdong |
The total import and export value of private companies in Guangdong Province was US$11.79 billion in January, up 65.7% year on year, and accounted for 24.1% of the province's total import and export value.
In the two-year period from January 2008, before the global financial crisis, and January 2010, the trade value of private enterprises rose by 35.4% while that of collective enterprises rose by 1.2%. Private enterprise has become the main force of trade recovery in Guangdong.
The province's overall trade value grew only 33.4% in January.
The total trade of foreign-invested enterprises in Guangdong Province rose 27.3% year on year to US$27.85 billion in January, accounting for 57% of the province's total import and export value.
Export value of foreign-invested enterprises was US$11.92 million, up 53% year on year. Import value of foreign-invested enterprises was US$11.92 billion, up 53% year on year.
The total import and export value of state-owned enterprises in the province was US$7.12 billion in January, up 16.4%. The total import and export value of collective enterprises was US$1.77 billion, up 33.5%. |
Source:China Knowledge |
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