China exported US$17.61 billion worth of high-tech products last
month, up 33.4 percent year on year, the Ministry of Commerce said
yesterday.
The ministry also said imported high-tech products in January
increased 31.4 percent from last year to US$16.91 billion.
By category, exported mobile phones and parts totaled US$2.9
billion in January, 68.3 percent higher year on year, while the
export of integrated circuits was worth US$1.29 billion, up 43
percent. Computer exports rose 16 percent to US$5.77 billion.
The ministry said this year's total export and import figures
for high-tech products are expected to reach US$500 billion,
compared to US$416 billion last year. This would be a growth rate
of 20 percent.
China exported US$218.25 billion worth of high-tech products in
2005, according to ministry statistics, accounting for 28.6 percent
of the country's overall exports for the year.
The ministry said computer exports achieved the highest value
last year in terms of sector, with US$104.84 billion, up by 24.9
percent. The communications sector came next with US$72.28 billion
worth of exports, up by 37.8 percent.
The opto-electronics sector had the highest export growth of 89
percent last year though its export value only came in fourth at
US$7.18 billion.
According to the statistics, the high-tech imports and exports
of China-based foreign-funded enterprises reached US$349.9 billion
in 2005. High-tech exports accounted for over 40 percent of these
enterprises' total exports for the year.
The sector, primarily information and telecommunication
industries, has absorbed over US$70 billion in foreign investment
in the past five years.
(China Daily February 11, 2006)