China : Machinery & electronic exports zoom
The import and export of machinery and electronic products is expected to hit 775 billion U.S. dollars in 2005, up 25 percent
?China's Ministry of Commerce expected the country's export of machinery and electronic products to exceed 400 billion U.S dollars in 2005, up about 30 percent year on year.
The import and export of machinery and electronic products is expected to hit 775 billion U.S. dollars in 2005, up 25 percent, the ministry said.
Figures from Chinese customs show in the first 11 months of 2005, China's import and export of machinery and electronic products grew 23.9 percent to 696.42 billion U.S. dollars, up 23.9 percent, with export rising 32.7 percent to 382.44 billion U.S. dollars and import up 14.7 percent to 313.98 billion dollars.
In 2005, machinery and electronic products became the main force boosting China's foreign trade.
The structure of machinery and electronic product export has been optimized, with the export of high-tech products, conveyance, instruments and meters increasing rapidly during the year.
Meanwhile, China's import of machinery and electronic products grew slowly. During the January-November period of 2005, the growth rate of auto import dropped by 34 percentage points year on year.
The import and export of machinery and electronic products is expected to hit 775 billion U.S. dollars in 2005, up 25 percent, the ministry said.
Figures from Chinese customs show in the first 11 months of 2005, China's import and export of machinery and electronic products grew 23.9 percent to 696.42 billion U.S. dollars, up 23.9 percent, with export rising 32.7 percent to 382.44 billion U.S. dollars and import up 14.7 percent to 313.98 billion dollars.
In 2005, machinery and electronic products became the main force boosting China's foreign trade.
The structure of machinery and electronic product export has been optimized, with the export of high-tech products, conveyance, instruments and meters increasing rapidly during the year.
Meanwhile, China's import of machinery and electronic products grew slowly. During the January-November period of 2005, the growth rate of auto import dropped by 34 percentage points year on year.
