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Chinese industries more competitive in 2009

2010-11-26

China's manufacturing industries had stronger competence compared with the world average in 2009 while its primary commodity sectors were less competitive, a latest survey has found.

The International Competence Index of China's Industry 2009-2010, published by the China Customs magazine in Beijing on Wednesday, showed that 23 of the country's 45 secondary industries were more competitive than the world average, the Economic Information Daily reported Thursday.

Among the competitive industries, 21 are manufacturing industries including furniture, fur and leather, textiles, metals, and telecommunication, computer and electronic equipment.

The industries with a competence level lower than the average include mining, farming, forestry, animal husbandry and fishery.

Chinese industries' overall international competence climbed to 103.26 in 2009, from 103.12 in 2008, close to the pre-financial crisis level of 103.29 in 2007.

China's international market share, trade competitiveness index, and export growth rate also increased from the levels in 2007.

The index was compiled by the magazine according to statistics from the General Administration of Customs, Global Trade Atlas data from Global Trade Information Services, and other relevant data.

 

 

source:China Daily

 
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