Chinese Medium and Small-sized Enterprises Are the Major Force of Export Increase
Source: fdi.gov.c Date: 2007-08-02
Deutsche-Welle Chinese Broadcast reports that German economic magazine CESifo Forum published an article, which pointed out that the rapid increase of export in China was due to its medium and small-sized enterprises. Those enterprises have produced 68% of the total export products, 5 times higher than that of Europe and 1 time higher than that of America. The article also called for the medium and small-sized enterprises in Europe to react and take international adjustment to this trend.
On July 26th, a research report published by Delegation of German Industry pointed out that it would be possible for China to take place of Germany to be the NO. 1 exporter. German export is estimated to increase 8% this year and 9% next year, while export of China will increase 20% each year. At present, in fields including electronic products, textile products and electronic technology, export of Chinese is on the top of the list. The products China exports are mostly water boilers, pastry cookers, microwave oven and electrical tools.
On July 26th, a research report published by Delegation of German Industry pointed out that it would be possible for China to take place of Germany to be the NO. 1 exporter. German export is estimated to increase 8% this year and 9% next year, while export of China will increase 20% each year. At present, in fields including electronic products, textile products and electronic technology, export of Chinese is on the top of the list. The products China exports are mostly water boilers, pastry cookers, microwave oven and electrical tools.
