Chinese companies look overseas for growth  

调研称海外业务成中国企业总体增长动力

欧洲知名管理咨询公司罗兰·贝格与《环球企业家》杂志5日联合发布《最具全球竞争力中国公司白皮书》，指中国企业整体国际化程度提升、海外业务成为其总体增长动力。

Shanghai (CNS) – The overseas businesses of Chinese enterprises have become their overall motivating force for growth, according to a report released Wednesday by Roland Berger Strategy Consultants and Global Entrepreneur magazine.

The report analyzed the financial statements of 50 large Chinese enterprises, including Lenovo, Huawei, Tencent, ZTE, the China National Offshore Oil Corp and Baosteel Group.

Their overseas business revenues rose to 27% in 2011 from 22% in 2010, an increase that surpassed all other revenue sources, the report said.

Overseas investment by Chinese enterprises reached 65.1 billion dollars, said the report.