70% Chinese companies do not report a profit loss at overseas market, survey

时间：2007-09-18 07:26:26

（单词翻译:单击）

Chinanews, Beijing, Sept 17 – Last year, Chinese direct investment at overseas market reached 21.16 billion US dollars. According to a recent survey from the Ministry1 of Commerce, 70% of Chinese companies either make a profit or break even at overseas market, the China Business News reported.

 

Last Friday, the Ministry of Commerce, the National Statistics Bureau, the State Administration of Foreign Exchange jointly2 released a report on Chinese direct investment at overseas market for the year 2006. This is the first time that the three departments jointly released a report on Chinese direct investment at overseas market.

 

In 2006, investment in non-financial sectors4 reached 17.63 billion US dollars, increasing by 43.8% compared with the same period last year; investment in financial sector3 reached 3.53 billion US dollars, increasing by 16.7% from last year.

 

According to the world investment report released by the United Nations Conference on Trade and Development, in 2006 Chinese overseas direct investment accounted for 2.72% of the global direct investment flow and 0.85% of the total global direct investment stock. In 2006, China ranked 13th in global direct investment flow.

 

“Previously we estimated that during the Eleventh Five-Year Plan period (2006-2010), Chinese overseas direct investment might reach 60 billion US dollars. However, from the current situation, we know that the final result might far exceed this number,” said Chen Lin, deputy director of the Cooperation Department under the Ministry of Commerce (MOC).

 

According to information from MOC, in 2006 Chinese companies in non-financial sectors generated 274.6 billion US dollars of sales revenue at overseas market and their tax revenue at overseas market reached 2.82 billion US dollars. The trade volume made by domestic investment entities5 through their companies abroad reached 92.5 billion US dollars.

 

Based on the current information, it can be seen that 70% of Chinese companies at overseas market either make a profit or break even in their business performance. On the whole, Chinese companies business at overseas market is generally good, Chen stressed.

 
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1 ministry kD5x2     
n.(政府的)部；牧师
参考例句：
  • They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
  • We probed the Air Ministry statements.我们调查了空军部的记录。
2 jointly jp9zvS     
ad.联合地，共同地
参考例句：
  • Tenants are jointly and severally liable for payment of the rent. 租金由承租人共同且分别承担。
  • She owns the house jointly with her husband. 她和丈夫共同拥有这所房子。
3 sector yjczYn     
n.部门，部分；防御地段，防区；扇形
参考例句：
  • The export sector will aid the economic recovery. 出口产业将促进经济复苏。
  • The enemy have attacked the British sector.敌人已进攻英国防区。
4 sectors 218ffb34fa5fb6bc1691e90cd45ad627     
n.部门( sector的名词复数 )；领域；防御地区；扇形
参考例句：
  • Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
  • Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》
5 entities 07214c6750d983a32e0a33da225c4efd     
实体对像； 实体，独立存在体，实际存在物( entity的名词复数 )
参考例句：
  • Our newspaper and our printing business form separate corporate entities. 我们的报纸和印刷业形成相对独立的企业实体。
  • The North American continent is made up of three great structural entities. 北美大陆是由三个构造单元组成的。

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