Baosteel Singapore Rated One of Top 10 Successful Chinese Enterprises
OREANDA-NEWS. February 06, 2012. "Successful Chinese Enterprises in ASEAN" contest results are announced in Beijing recently. Baosteel Singapore Trading Co., Ltd. was honored as one of"Top Ten Successful Chinese Enterprises in ASEAN". Baosteel South East Asian area chief representative, Baosteel Singapore general manager Qiu Chengzhi goes to Beijing to attend the ceremony, reported the press-centre of Baosteel.
China CCPIT vice chairman Yu Ping, China - ASEAN Business Council Chinese deputy secretary-general Xu Ningning, Chinese ambassador to ASEAN Tong Xiaoling and ASEAN ambassadors to China attend the event.
In recent years, more and more Chinese enterprises are actively cooperating with ASEAN countries in trade, investment and project contracting and obtain encouraging results. With support and cooperation of the relevant units, China - ASEAN Business Council and ASEAN Chamber of Commerce hold "Chinese Enterprises in ASEAN" contest in 2011. The contest selection aims to promote mutually beneficial cooperation between Chinese enterprises and ASEAN and promote the win-win result of China - ASEAN Free Trade Area's establishment.
Through years of efforts, Baosteel Singapore has developed into a large-scale trading enterprise locally. Its main market covers Singapore, Malaysia, Indonesia, Philippines, Thailand, Vietnam, Brunei and other Southeast Asian countries. In 2011, Baosteel Singapore trade capacity amounts to 550000 tons and trade volume reachs USD 670 million.
The contest jury thus comments on Baosteel Singapore: With its strength and wisdom, Baosteel Singapore takes roots and flourishes in all Southeast Asian countries. Within years, along with the establishment of China - ASEAN Free Trade Area, Baosteel Singapore annual trade volume leaps from the initial USD 20 million to USD 670 million. Free Trade Area provides Chinese and ASEAN enterprises with a big stage and Baosteel Singapore is the most tireless dancer on the stage.