China's trade in electronic information products climbed 23.5
percent year-on-year in 2007 to 804.7 billion U.S. dollars,
according to the Ministry of Information Industry (MOII).
The rate was 9.8 percentage points lower than in 2006, the MOII
said in a statement posted on its web site on Tuesday.
Exports rose by 26.3 percent to 459.5 billion U.S. dollars and
imports jumped 20 percent to 345.2 billion U.S. dollars. These
totals accounted for 37.7 percent and 36.1 percent, respectively,
of China's total exports and imports.
Enterprises with foreign financing contributed significantly to
the industry's trade. Solely foreign-funded companies and
Sino-foreign joint ventures accounted for 83.6 percent of the total
exports. Further, processing trade remained the chief type of
trade.
(Xinhua News Agency January 30, 2008)
