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China becomes Asia's leading exporter of high-tech goods

By Liang Jun (People's Daily Online)    15:21, January 04, 2016

(File Photo)

China's share of Asia's exports of high-tech products has risen from 9.4 percent in 2000 to 43.7 percent in 2014. Now China ranks first in high-tech exports across Asia—far above Japan and South Korea, according to China National News (CNR) on Sunday.

Over the same period, Japan's market share shrank from 25.5 percent to 7.7 percent and lagged behind South Korea, the second greatest high-tech exporter. According to the CNR report, which cited the 2015 Asian Economic Integration Report released by Asian Development Bank, South Korea's exports account for 9.4 percent,

The report shows that China's high-tech goods are very popular among Asian countries; in particular, the high-speed rail, nuclear power and satellites are in high demand.

In Thailand, the Beidou navigation system has already made a deep impact. In Malaysia, Chinese exports of aerospace equipment and parts increased compared to last year.

In Indonesia, China won the bid for the country's first high-speed rail project, meaning that China's technology has entered the country. The chairman of China Railway International Co. Ltd., Yang Zhongmin, said China has successfully signed a contract with Indonesia to build the Jakarta-Bandung line. It is a major project, marking the spread of China's high-speed rail technology. 

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Liang Jun,Bianji)

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