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At the 11th International Electromechanical Products Expo held in Wuhan, Zhang Wei, director of the Department of Mechanical and Electronic Technology of the Ministry of Commerce of China, said that the total import and export volume of China's mechanical and electrical products reached US$ 719.6 billion in the first half of the year, accounting for 53.1% of total merchandise trade. The increase was 39.8%. Among them, the export of mechanical and electrical products was 416.97 billion US dollars, accounting for 59.1% of the total export value of goods, up 35.9% year-on-year. It is expected to return to the level before the international financial crisis. The import of mechanical and electrical products is 302.64 billion US dollars, accounting for 46.6% of the total import value of goods. It increased by 45.5% year-on-year.
It is reported that high-tech products account for a continuous increase in the proportion of exports of mechanical and electrical products, and have achieved the policy goal of “regulating the structure†of foreign trade. From January to June this year, China's high-tech products accounted for 50.4% of total electromechanical exports, and exports amounted to 210.19 billion US dollars, up 41.1% year-on-year, an increase of more than 5.1 percentage points. In the same period, China's high-tech products imported 183.78 billion US dollars, an increase of 45.9%, accounting for 60.7% of total mechanical and electrical imports.
Zhang Wei said that although the import and export of mechanical and electrical products has been restored, there are still structural contradictions. High-tech products account for a low proportion of the total exports. High-end core products still rely mainly on imports, independent innovation, transformation and upgrading, and the transformation of the electromechanical industry has been There is no time to delay.
China's imports and exports of mechanical and electrical products increased by nearly 40% in the first half of the year.
Since the second half of last year, the situation of China's import and export of mechanical and electrical products has been affected by the impact of the international financial crisis. The high cost performance of Chinese products still has an advantage in international competition. In the first half of this year, the import and export of China's mechanical and electrical products increased by nearly 40% year-on-year, among which high-tech products accounted for a continuous increase in the proportion of exports of mechanical and electrical products.