The list of China’s Top 500 Foreign Trade Enterprises 2015 was recently released (based on import and export data in 2014). With a total import and export volume of USD 5.56 billion, Minmetals ranked 44th , 10 places ahead over the last year.
Minmetals ranked 12th out of the 36 central enterprises on the list this year.
The list of central enterprises is shown below
|
No. |
Company Name |
Ranking |
|
1 |
China Petroleum & Chemical Corporation |
1 |
|
2 |
China National Petroleum Corporation |
2 |
|
3 |
China Sinochem Corporation |
5 |
|
4 |
ChinaNational Offshore Oil Corporation |
9 |
|
5 |
FAW Group Corporation |
10 |
|
6 |
China National Machinery Industry Corporation |
14 |
|
7 |
Zhuhai Zhen Rong Company |
16 |
|
8 |
ChinaOceanShipping (Group) Company (COSCO) |
28 |
|
9 |
ChinaGeneral Technology (Group) Holding Co., Ltd. |
33 |
|
10 |
ChinaShipbuilding Trading Co., Ltd. (CSTC) |
36 |
|
11 |
COFCO Limited |
37 |
|
12 |
China Minmetals Corporation |
44 |
|
13 |
ChinaNational Electronics Import and Export Corporation |
53 |
|
14 |
CNBM International Corporation |
55 |
|
15 |
Dongfeng Motor Corporation |
56 |
|
16 |
ChinaNational Arts and Crafts (Group) Corporation |
82 |
|
17 |
China Tobacco International Inc. |
86 |
|
18 |
China North Industries Corporation (NORINCO) |
94 |
|
19 |
China National Pharmaceutical Group Corporation |
95 |
|
20 |
AirChinaImport and Export Co., Ltd. |
96 |
|
21 |
China Aviation Industry Corporation |
99 |
|
22 |
ChinaInternational Marine Containers (Group) Co., Ltd. |
106 |
|
23 |
China Harbour Engineering Company Ltd. |
114 |
|
24 |
CITIC Group Corporation |
124 |
|
25 |
China Nuclear Energy Industry Corporation |
140 |
|
26 |
China General Nuclear Power Corporation |
145 |
|
27 |
Chinatex Corporation |
155 |
|
28 |
ChinaNational Agricultural Means Of Production Group Corporation |
210 |
|
29 |
China Shipbuilding Industry Corporation |
239 |
|
30 |
ChinaNational Aviation Fuel |
251 |
|
31 |
ChinaNational Agricultural Development Group Co., Ltd. |
285 |
|
32 |
ChinaHi-Tech Group Corporation |
297 |
|
33 |
ChinaGrand Enterprises |
340 |
|
34 |
China North Industries Group Corporation |
433 |
|
35 |
China South Industries Group Corporation |
483 |
In 2014, facing severe domestic market situation, Minmetals gave full play to its traditional foreign trade advantages and made greater efforts in the expansion of the international market, resulting in rapid growth in import and export operations, with a total import and export volume of USD 5.56 billion, an increase of USD 940 million over 2013. Among them, the export volume was USD 2.36 billion, an increase of USD 1.05 billion over 2013, and the import volume was USD 3.2 billion, a decrease of USD 110 million over 2013.
In 2015, with weaker domestic demand, Minmetals will take foreign trade as an important growth point. Relevant units are therefore required to take the opportunities to intensify the expansion of foreign markets according to China’s strategy of “One Belt and One Road”, so as to make positive contributions to the business improvement of Minmetals.
