Chinese Electronics Exports Climb Higher
(CIO)Chinese exports of electronics and IT hardware climbed at a faster pace during the first nine months of this year, China’s Ministry of Information Industries (MII) said on Friday. Chinese electronics exports between January and September were valued at US$253.8 billion, a 38 percent increase over the same period last year. Exports of electronics outpaced exports from other industries, representing 37 percent of China’s total foreign trade and accounting for 48 percent of the export growth recorded so far this year, MII said. Imports of electronics also did well, rising 34 percent during the first nine months to $206.4 billion. The difference between the value of exports and imports left China with a trade surplus in electronics of $47.4 billion, the ministry said.
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