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In 2005, 279 Chinese high-tech companies saw their annual export volume exceed US$100 million, the Ministry of Commerce said on Friday.

 

The total exports of these 279 companies reached US$172.82 billion, accounting for 79.2 percent of the country's total high-tech product export in 2005, the ministry said.

 

China now has one high-tech company whose annual export volume exceeds US$10 billion, four high-tech companies whose annual export exceeds US$5 billion and 38 companies whose annual export exceeds US$1 billion.

 

In 2004, no high-tech company witnessed its annual export volume exceed US$10 billion, only three high-tech companies witnessed annual exports of over US$5 billion and 30 companies exported over US$1 billion.

 

In 2005, the number of high-tech companies with an import volume above US$100 million and US$1 billion was 313 and 24 respectively, 45 and four more than those of 2004, the ministry said.

 

The total import of these 313 companies reached US$136.47 billion, accounting for 69 percent of the country's total high-tech product import in 2005.

 

(Xinhua News Agency February 18, 2006)