Pudong SOEs surpass joint ventures in exports
2/4/2003 16:32
State-owned enterprises (SOEs) in Pudong District reported export
volumes of US$1.194 billion for the first two months of the year, US$160 million
more than Sino-foreign joint ventures for the first time in the past two years,
eastday.com reported today.
Pudong enterprises reported a total export
volume of US$2.33 billion in the first two months of the year, an increase of
26.1 percent from a year before.
Starting last year, SOEs in Pudong have
had rapid export growth, 2.1 percentage points higher than that of Sino-foreign
joint ventures by the end of last year.
Export growth of Pudong SOEs was
30.6 percent at the beginning of the year, 18 percentage points higher than that
of Sino-foreign joint ventures.
Wendy Zhang/ Shanghai Daily news
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