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SZ top exporter for 14th year

Time: 2007-01-04
City: Shenzhen
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SHENZHEN maintained its title as China¡¯s top exporter in 2006 for the 14th straight year, the Shenzhen Special Zone Daily reported yesterday.

Shenzhen¡¯s exports jumped more than 30 percent to reach US$126.5 billion by Dec. 15 last year, far above other cities, the paper said.

Large companies contributed the bulk of exports. More than 70 percent of the city¡¯s exports were from 120 big names such as Huawei Technologies, Foxconn, ZTE and BYD.

The report attributed a favorable investment environment in Shenzhen and efficient customs clearance for the sustained rapid growth in exports.

Shenzhen has attracted a large number of foreign manufacturers and logistics companies. As a result, local and overseas companies in the city have seen a surge in foreign orders, the report said.

In the first 11 months of 2006, the city exported goods worth US$121.5 billion to overseas markets, an increase of 38.5 percent year on year. Foreign trade volume reached US$212.6 billion in the 11 months, up 33.5 percent from the same period of 2005.(Roger Lin)




(Source: Shenzhen Daily) Editor: Jenny Du