Hunan Provincial Imp.& Exp. Group Corp. grew out of Hunan Provincial
Imp.& Exp. Corp. as a large state-owned enterprise. It was founded under
the approval of the Ministry of Foreign Trade & Economic Cooperation of
China and the People's Government of Hunan Province, P.R. CHINA in the end of
1984.
Hunan Provincial Imp.& Exp. Group Corp. has the operation right of import & export, barter trade and
overseas economic and technical cooperation. Besides import and export, it also
undertakes joint-ventures, cooperative production, processing business with
clients materials, accessories & samples, barter trade and international
project & labour service. At the same time, it invests in futures, real
estate, travel service, commerce and transportation.
Hunan Provincial Imp.& Exp. Group Corp. boasts of more than 60 branches and
industrial entities of chemicals and metals, light industry, garments, arts
& crafts, etc. With total assets of RMB 2.5 billion Yuan and more than 3000
staff and workers, it retains an annual import and export amount of over USD
200 million.
By the end of 1997, Hunan Provincial Imp.& Exp. Group Corp.'s total amount
of import and export reached USD 2 billion, including an export value of USD
940 million and import value of USD 1060 million. As one of China's largest
foreign trade enterprises, we rank first in Hunan Province, P.R. China.
Persisting in the policy of transnational development to continually expand and
diversify markets, our corporation has strided over from homeland and totally
invested more than USD 1,700,000 in establishing branches in many oversea
countries, such as USA, Canada, Germany, France, Hong Kong, Australia,
Malaysia, Singapore, Japan, Russia, Uzbekistan and Hazakistan.Through these
passages to international trade, we have laid a solid foundation to develop
import & export and carry out transnational operations.