Reporters' Log

ZTE, Huawei expect overseas business to rise 30%

By Jiang Wei and Xin Zhiming (chinadaily.com.cn)
Updated: 2009-03-10 11:47

The exports and overseas businesses of Chinese telecom manufacturers ZTE and Huawei are expected to rise by 30 percent year-on-year in 2009, Commerce Minister Chen Deming said.

This is attributed to the investment in telecom networks, which is included in the stimulus package of many countries, Chen said at a press conference Tuesday during the annual session of the National People's Congress.

China's investment in 3G totaled 100 billion yuan ($14.62 billion) in the past year while worldwide investment is greater, Chen said.

Central Economic Work Conference

• Interest Rate Cut
• 30 Years of Reforms
• Coping with Financial Crisis
• Housing in China
• 2008 Tsinghua Management Global Forum
• more

Hot Words

• 政府注資 pump priming
• 軟環(huán)境 soft environment
• 糧食最低收購價 crops' minimum purchase prices

• 保八 Eight Percent Protection
• 以人為本 Put People First
• 農民企業(yè)家 Farmer-turned-entrepreneur
• 窗口指導 window guidance
• 下崗再就業(yè) Re-employment after being laid off
• more

From Foreign Press

• German media give full coverage to Premier's report
• Overseas press praise China's 8% economic growth
• German media: Economy tops agenda at NPC session
• From the foreign press
• World media keeps close watch on 'two sessions'
• more

Letters

• Corruption top issue for public
• China adopts Food Safety Law
• China's economic growth in 2009
• more