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China Foreign Trade Top 500 Forum Held

What kind of impact will the in-depth reconstruction of world industrial development pattern have on China’s foreign trade? China Foreign Trade Top 500 Forum, with the theme of "manufacturing and trade against the backdrop of global value chain restructuring” opened in Ningbo June 10. Li Yizhong, Former Minister of the Ministry of Industry and Information Technology, deputy director of the CPPCC Economic Commission, Wang Xinkui Vice-Chairman of CPPCC Shanghai Committee Vice Chairman Wang Xinkui, and Sun Zhenyu, China's first permanent WTO representative and other guests made speeches respectively at the forum . Liu Kuangyuan, chairman of China Foreign Economic Statistical Society, vice mayor Liu Haiquan, vice mayor Hong Jiaxiang attend the forum.
The forum was jointly organized by the China Foreign Economic and Trade Statistical Society and the Ningbo Municipal People's Government, focusing on construction of the International Trade Centre and foreign trade development strategy, "How to promote Chinese companies to climb up the high end of the value chain", "exchange rate fluctuations, structural tax cuts and steady development of foreign trad "and other topics. Xu Xiaonian, a professor with China-Europe International Business School and a famous economist, Zhang Yansheng, Secretary general of the National Development and Reform Commission Academic Committee, Jiakang, director of the Institute of Fiscal Science under the ministry of finance, Xie Hanli, Deputy Director General Affairs Department of the State Administration of Foreign Exchange, Huang Jinlao, vice president of Huaxia Bank and more than 500 business representatives from across the country gathered to exchange their ideas on related topics.
  At the Forum the China Foreign Trade and Economic Statistical Institute released the 2012 top 500 enterprises of China's foreign trade, China Petroleum & Chemical Corporation reelected as the No. 1 import and export corporation with the volume standing at $ 111.919 billion. In the top ten enterprises in foreign trade, central SOEs take half while Shenzhen and Shanghai take three seats and two seats respectively. Eight enterprises of Ningbo have made way to the top 500, among which the Ningbo Chimei Electronics was listed among the top 100 import with the import and export volume of $ 3.017 billion, ranking the 99th.

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