Private enterprises contribute to east China's foreign trade ( 2003-12-29 11:12) (Xinhua)
Private enterprises of east China's Shandong Province played an important
role in provincial foreign trade this year, said Wang Renyuan, vice governor of
Shandong Province.
According to statistics released by Qingdao customs office, the gross import
and export turnover of Shandong private enterprises from January to November
this year amounted to US$2.3 billion, 190 per cent higher than last year.
Speaking at the provincial economy and foreign trade conference, Wang said
that in 2003, Shandong had sped up the reform of state-owned enterprises'
economic systems, and the provincial government had taken a series of measures
to remove policy obstacles so that more private enterprises could participate in
foreign trade.
The total foreign trade turnover of Shandong Province in the first 11 months
was US$39.6 billion, in which the contribution by private enterprises increased
by 3.2 per cent over the same period last year.
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