The New Year Seminar of Chinese Business Competitive Advantage and Award Ceremony of Outstanding Personalities and Enterprises 2012, organized by Ministry of Commerce and overtaken by International Business Newspaper, was held in Beijing on February 1, 2013.

The Yutong representative is receiving the award.

It is learned the seminar is aimed to summarize the successful modes and experience of Chinese enterprise while going abroad in 2012 and propose the new competitive advantage of the enterprises in 2013, thus improving the internationally operating capability of the enterprises. The awards include Top 50 Most Competitive Export Enterprises, Top 50 Most Innovative Enterprises, Top 50 Most Dynamic Service & Trade Enterprises and Top 10 Business Personalities 2012.

Tang Yuxiang, president of Yutong Group, was granted the Top 10 Business Personalities 2012. With the export growth rate of over 20 percent in three consecutive years, Yutong won the award of Top 50 Most Competitive Export Enterprises, which was also the only one in China’s bus industry to obtain this honor, marking Yutong’s achievements have been recognized by different sectors of the society during the process of going abroad.