ITG Holding Co tops Fujian's firms in import/export value

Xiamen-based ITG Holding Co moves up 32 places to 43 in the list of China's top 500 foreign trade enterprises and tops Fujian's enterprises this year with an annual import and export value of $4.6 billion.

Released by Statistical Society for Foreign Economic Relations and Trade of China, the list is the most authoritative data from which to measure the import and export scales of Chinese foreign trade enterprises.

The rise in the ranking reveals that the company has performed well in foreign trade over the past two years. It has overcome the difficulties of low profits, high risk and managing difficulties for foreign trade and adopted many measures to accelerate its transformation from a traditional foreign trade dealer to an integrated service supplier of supply chain.

Those measures include establishing e-commerce platforms to integrate trade business with logistics, finance and internet, organizing professional trainings to improve its personnel's professional skills, and establishing foreign agencies to support its foreign trade businesses.

ITG has also made great achievements in its four major businesses – supply chain operations, real estate development, financial services and manufacturing industry.

According to the spokesman of the company, ITG has clarified its development direction in the near future and the way to upgrade its four major businesses so as to input new energy to Xiamen's upgrading and transformation of foreign trade.