Last updated at: (Beijing Time) Friday, August 01, 2003
Exports of China's IT Products Jump 47%
China's exports of information technology products surged 47.1 percent year-on-year in the first half of the year to 56.9 billion US dollars, accounting for nearly 30 percent of the country's total foreign trade.
China's exports of information technology products surged 47.1 percent year-on-year in the first half of the year to 56.9 billion US dollars, accounting for nearly 30 percent of the country's total foreign trade.
Figures from the Ministry of Information Industry indicated that electronic components, monitors and mobile phones ranked top in terms of export volume, with SPC exchanges registering a rise of 441 percent year-on-year.
From January to June, the total trade volume of IT products hit112.3 billion dollars, up 50.7 percent. Import volume also shot up 54.6 percent to 55.4 billion dollars.
Officials with the ministry said that the United States, Japan and the Hong Kong Special Administrative Region continue to be themajor market of the country's IT products while exports to Russia and the Middle East were also rising rapidly.