Arab Today, arab today china’s export of mechanical electronic products increases in 2012
Last Updated : GMT 12:49:27
Arab Today, arab today
Arab Today, arab today

China’s export of mechanical, electronic products increases in 2012

Arab Today, arab today

Arab Today, arab today China’s export of mechanical, electronic products increases in 2012

Beijing - QNA

China increased the value of its exports of mechanical and electronic products to 1.18 trillion US dollars in 2012, taking up a greater share of the global market, according to new data published by Chinese News Agency (Xinhua).Vice Commerce Minister Jiang Yaoping said that the 8.7% year-on-year growth brought the global share achieved by products from China to 16.1% in the first 11 months of last year, up 0.9% points from 2011.The combined import and export volume of the products rose 6.7% year on year to 1.96 trillion US dollars, he said.Exports of mechanical and electronic products, accounting for 57.6% of China’s total exports, reached more than 230 countries and regions in the world and grabbed 29.1% of market share in emerging economies, Jiang added.He advised enterprises to strengthen efforts in research and development and improve market diversification to fend off rising protectionism amid a sluggish global economic recovery.2012 was the 18th consecutive year in which the mechanical and electronic sector has been China’s number-one exporter in trade volume.

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