Government Funding to Support Huaqiang North Electronic Components Foreign Trade

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 28, 2011 -- Last month, Shenzhen Government allocated nearly one million to vigorously support Huaqiang North Electronic Components trade market, driving the regional economic development with our platform's leading.

With $ 346.75 billion of import and export value (USD142.57 billion of imports, USD 204.18 billion of export) in 2010, Shenzhen has become the first city which export value exceeded USD200 billion. As the government vigorously promotes the economic structure adjustment and optimization and speeds up the strategic change of economic development, thus it will enhance the strategic capability of independent innovation.
In recent years, Shenzhen has become an important base and trading center of China's electronic information product development, production and export. There are nearly 1,600 manufacturers of computer, program-controlled switches, televisions, mobile phones and other machine product. In 2003, Shenzhen's direct use of integrated circuit products over $ 3.5 billion. The whole sales revenue of the entire IC industry is more than 100 million, including design, manufacturing and semiconductor devices.

The global electronic components market has huge profit margin while there are still lots of firms have not involved in the international trade. Additionally, according to the chart below we learn that electronic import is far more than export. Facing to the international electronic components trade, such a delicious cake however many Shenzhen enterprises have no opportunity to eat even a piece of it. It is because the small and medium enterprises are limited by their own sources like human resource, capital and foreign knowledge and so on, besides there exist difficulties and risks. However, it has opened the window of opportunity for us at the same time.
As a local leader in electronic components industry and an enterprise with social responsibility, we carry the world dream of China electronic manufacturing especially Huaqiang North. Through the seamless integration between new Ecommerce Technology and various resources, we will assist the suppliers in Shenzhen Huaqiang North even the whole China's enterprises to overcome kinds of difficulties and export their products all over the world.

Shenzhen Government invests heavily in our platform this time will hence aim more small and medium sized enterprises to enter the field of foreign trade, in addition, boost the development of Huaqiang North electronic components foreign market. With the integration with Huaqiang Testing Center, it will help to build harmonious and orderly market environment by creating "Shenzhen Quality" and taking off the "cheap copy" hat.
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electronic components     government funding