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Brief Introduction
To The Corporation Guangdong Foreign Trade Imp. & Exp. Corporation (GFTC), a
state-owned foreign trade emterprise, was established in 1984 with the approval of the
Ministry of Foreign Economic Relations and Trade of the People's Republic of China and the
Provincial Government of Guangdong. Conforming itself to the trend of Chin's reform and
opening up, GFTC has been following the system of responsibility for profits or losses and
self-development.
Since its establishment, the Company has surged, grown and
thrived in the spring wind of reform and gained profits year by year. Total amount of
foreign exchange turned over to the government and total taxes and duty paid to Treasury
both are in hundreds of millions and the amount of net profits after tax turned over is in
tens of millions. Started from zero. GFTC now has net assets valued at several hundred
million RMB and fairly large shares in a group of joint ventures, including some high
technology industries, transportation fleets, ports and docks and real estates projects.
It has carried out computerized administration for all its business.
In recent years GFTS has been ranked highly among the best of
the 500 largest servicing enterprise throughout China. For its outstanding record of
integrity GFTC has been awarded Grade A Enterprise by the Customs concerned and Banking
Credibility Grade A+.
Taking trade as the lead GFTC simulteneously develops trade
and industry, comprehensively integrates trade with industry, agriculture and technology.
The Company comprises a number of import and export departments and one transportation
department. It has several wholly-owned subsidiaries and more than ten joint ventures,
cooperative and associated enterprises at home and abroad. Pattern of enterprise with
multi administrative levels has motivated the Company to grow constantly in the fields of
import and export, real estate and investment advisory.
Bracing up itself to meet new challenges in international
market, GFTC will, as always, persist in taking the development of international trade as
the key link while relying on industries at home, Emphasizing economic results, we shall
accelerate our process of consolidation, conglomeration, multiplex and
internationalization. We sincerely look forward to receiving strong support and full
cooperation from friends and associates from various circles to the goal of mutual
prosperity.
Business Scope :
Import and Export : cereals, oils & foodstuffs, animal by-products, silks,
textiles, light industrial products, arts & crafts, stationery & sporting goods,
chemical products, metal & minerals, building materials, machinery equipments and
technology, etc.
Also business of home trade, real estates, investment advisory, transportation,
processing, assembling, compensation and barter trade, entrepot trade and other multiform
business.
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