On September 21, the Statistical Society for Foreign Economic Relations and Trade of China (SSFERTC) published the 2019 China's Top 500 Foreign Trade Private Enterprises in Hainan Free Trade Port. Shenzhen KTC Technology Co., Ltd. (KTC) got on the list, ranking 133rd, based on outstanding foreign trade performance and strong comprehensive strength, with a total trade volume of USD 759 million.
Thirty years of efforts have been witnessed for the ranking of China's Top 500 Foreign Trade Private Enterprises since the first release of the list launched by the former Ministry of Foreign Trade and Economic Cooperation of China in 1990. Starting from 2009, the Ministry of Commerce of China handed over the ranking work to SSFERTC, with an aim to publicize key import and export enterprises of China and encourage and support such Chinese enterprises to compete at the global stage.
The 2019 ranking was determined by SSFERTC according to the 2019 customs statistics of import and export data of Chinese private enterprises engaged in the import and export businesses. The entry criteria at the primary selection stage require the enterprise to have reached an import and export volume of USD 270 million.
The fact that KTC was listed among China's Top 500 Foreign Trade Private Enterprises affirms KTC's strength. KTC has always adhered to the business philosophy of integrity with an emphasis on quality and service. It keeps forging ahead with a pioneering spirit and improving its products and services, actively explores the international market and has won the favor of overseas customers with high-quality products and services.
On the 2019 China's Top 500 Foreign Trade Private Enterprises, KTC ranks 133rd, up 21 places year on year. This achievement inspires KTC to conform to the trend of foreign trade in the future, strengthen insights into the market, continuously improve its core competitiveness, make breakthroughs and develop into an outstanding Chinese private enterprise which will provide more extensive domestic and foreign trade cooperation opportunities and promote the high-quality development of China's foreign trade and economic cooperation.