CHINA: Fujian province parts exports reach US$100 million
Automotive parts exports from Fujian reached 826.74 million renminbi (US$100 million), making the province one of China's top auto parts exporters. Some 48 Taiwanese companies have invested Rmb 2 billion (US$241.55 million) to build car parts factories in Fujian cities, including Fuzhou and Xiamen.
Automotive parts exports from Fujian reached 826.74 million renminbi (US$100
million), making the province one of China’s top auto parts exporters.
Some 48 Taiwanese companies have invested Rmb 2 billion (US$241.55 million)
to build car parts factories in Fujian cities, including Fuzhou and Xiamen.
Fujian manufactured vehicle parts valued at Rmb 4.27 billion (US$515.7 million)
in 2000, an increase of 32 percent over 1999. Profits totalled Rmb 410 million
(US$49.52 million), a rise of 48 percent.
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