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NPC & CPPCC Annual Sessions > Biz & Economy > News
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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.
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