Author:Jin, Guisheng
Title:On the external environment and development room for China's foreign trade enterprises (original in Chinese)
Journal:International Economics and Trade Research (c)
1996 : 3, p.24-25
Index terms:TRADING COMPANIES
INTERNATIONAL TRADE
MANAGEMENT
CHINA
Language:chi
Abstract:1995 saw a more rapid development of China's export trade. In the first 7 months, in particular, its growth rate had kept at as high as 39.7%. But the economic returns of foreign trade enterprises fell by a large margin. Quite a number of enterprises made losses, to some extent, and one or two enterprises even declared bankrupt. This paper analyses the in-depth reasons for it and considers that the difficulties which foreign trade enterprises have met , can not be eased and will likely deteriorate further for most of them are of rigidity. But it believes that these enterprises can still make up deficits and increase surpluses depending on their own effort and there will be quite a large room for their development.
SCIMA record nr: 154913
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