Monday, October 11, 2010

Foreign trade of electronic products China waves of 40% in H1

September 28, 2010 (China and knowledge) imports and exports of electromechanical products in China increased by almost 40% in the first half of this year, while exports of electromechanical products high-tech has seen gaining weight, Xinhua News Agency reported.

In the first six months, imports and exports of electromechanical products totaled $ 719 Chinese. 6 billion, 39.8% year on year, or accounting for 53.1% of total trade, said Ji Zhang, an official of the Chinese Ministry of Commerce.

Exports of electromechanical products amounted to 416.97 billion, increased by 35.9% in the similar period last year, or accounting 59.1% of total exports, while Imports increased 17.9% year on year to 302.64 billion, equal to 46.6% of total imports.

During the period of January to June, exports of high technology products, equal to 210.19 billion, accounting for 50.4% of total exports electromechanical products, 16.2% year on year over the same period last year.

At the same time, imports of electromechanical products swelled 45.9% year on year to 183.78 billion, or accounting for 60.7% of the total.


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