Motorola (Tianjin) Electronics recorded the highest volume of sales among foreign invested enterprises in China in 2001, according to a survey of the top 500 FIEs conducted by the Ministry of Foreign Trade and Economic Co-operation. Motorola's Yn41.7bn of total sales put it ahead of the next two joint ventures, SAIC-Volkswagen Sales and Shanghai Volkswagen. Other firms in the top 10 included Legend (Beijing), Huaneng International Power, Shanghai Siemens Communications and Nanjing Ericsson Communication.
The survey found that 80 per cent of the foreign investment in these firms had come from other Asian countries, with only 20 per cent from the US and Europe. Of the 500 companies, 450 were based in eastern China, with 36 in the central area and 14 in the west.