Trade Growth Rate of China Electronic Products Have Fallen Sharply
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Posted On :
Aug-24-2011
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Article Word Count :
489
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In September, China electronic information products export and import respectively increased by 23.1% and 20.2%, which is down 8.5 and 18.1 percentage points
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In September, China electronic information products export and import respectively increased by 23.1% and 20.2%, which is down 8.5 and 18.1 percentage points, is the month with lowest growth rate in this year. Accumulated to the end of September, import and export volume of electronic information products reached 724.6 billion U.S. dollars, with an increase of 36.2%, accounting for 33.7% of the total import and export; of which the exports are 420.7 billion U.S. dollars, with an increase of 34.7%, accounting for 37.1% of exports; imports are 303.9 billion U.S. dollars, with an increase of 38.3%, accounting for 30% of imports.
Most of the industry's export growth rate correction, the growth rate of household appliances and communications equipment are below the industry average. In September, electronic components, electronic devices, home appliances and computer industries respectively fall 13.6, 24.4, 17.7 and 0.3 percentage points than it in August. The first three quarters, exports of home appliances and communications equipment are 633 billion dollars and 69.4 billion U.S. dollars, which increase by 20.3% and 21.9%, is below the industry average of 14.4 and 12.8 percentage points; electronic devices exported 48.3 billion U.S. dollars, with an increase of 60.3%, electronic components export 56.2 billion U.S. dollars, with an increase of 42.8%, the computer export 156 billion U.S. dollars, with an increase of 36.5%. The top three products of export value are: notebook computers $ 66,100,000,000, with an increase of 49.5%; phone 31.7 billion U.S. dollars, increasing by 20.9%; integrated circuits 21.6 billion, with an increase of 34.5%.
The general export trade grows rapidly, while the processing trade export share decline. The first three quarters, the general trade export 68.9 billion U.S. dollars, with an increase of 50.6%, which is 15.9 percentage points higher than the average export growth rate; material processing trade exports are 42.7 and 284.4 billion U.S. dollars, increasing by 31.9% and 29.7%, the growth rate are lower than the industry average of 2.8 and 5 percentage points, processing trade account for 78% of total exports, which is down from last year by 2.5 percentage points. General trade imports 64.1 billion U.S. dollars, with an increase of 40%; material processing trade 41.1 and 136.3 billion U.S. dollars, increased by 47.4% and 30.9%.
Foreign-owned enterprises’ export growth rates are below the industry average, the private enterprises is prominent. The first three quarters, exports of foreign-owned enterprises are 271.4 billion U.S. dollars, accounting for 64.5% of total exports, with an increase of 32.7%, which is 2 percentage points lower than the industry average (wholesale electronics); private enterprises exported 36.2 billion U.S. dollars, increasing by 63.8%, is 29.1 percentage points higher than the average export growth rate; state-owned enterprises exported 29.3 billion, with an increase of 35.7% (china wholesale electronics), is 1 percentage point higher than the average level. Export growth to EU countries continued to slow and the emerging markets are growing rapidly.from; china manufacturers
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Article Source :
http://www.articleseen.com/Article_Trade Growth Rate of China Electronic Products Have Fallen Sharply_76161.aspx
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Author Resource :
wholesale electronics, china wholesale electronics, china manufacturers
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Keywords :
private enterprises, china manufacturers, Foreign-owned enterprises,
Category :
Business
:
Sales
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