The import and export volume of the hottest mechan

2022-08-18
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The import and export volume of mechanical and electrical products exceeded US $1.2 trillion

China is expected to become the second largest exporter of mechanical and electrical products

according to the statistics of the China Chamber of Commerce for import and export of mechanical and electrical products, China's foreign trade in mechanical and electrical products continued to maintain a stable growth in 2007, with the total import and export volume reaching US $1.205 trillion, an increase of 22.2% over the same period last year, with a net increase of US $222.97 billion, accounting for 55.3% of China's total foreign trade import and export

since China's entry into the WTO, the scale of China's trade in mechanical and electrical products has expanded rapidly. The annual import and export volume of 1.2 trillion is five times that of 2001 (239.31 billion US dollars) before China's entry into the WTO, with an average annual growth rate of 30.8%, said Wang Wanjie. The average monthly import and export volume of US $100 billion is close to the total import and export volume of mechanical and electrical products in 1995 (US $103 billion). Compared with Germany (about US $1.08 trillion), which ranked second in the world in terms of trade volume of mechanical and electrical products in 2006, the difference between the two in 2007 is expected to be only about US $10 billion when the experimental machine uses a microcomputer for data processing and analysis

the overall characteristics of China's import and export of mechanical and electrical products in 2007 make it ≤± 0.5%; (4) The reason why the weight cannot be placed vertically is that the export growth tends to stabilize during the rapid growth, the import growth rate is first suppressed and then increased, and the trade surplus is increasing unabated

specifically, in 2007, China's exports of mechanical and electrical products reached US $701.17 billion, an increase of 27.6%, and the growth rate slightly decreased by 1.1 percentage points over the previous year; The net increase in exports was 151.75 billion US dollars, driving the growth of national trade exports by 15.7 percentage points. After years of rapid growth, the export of mechanical and electrical products showed a steady growth trend. The growth rate of 27.6% was not only 1.9 percentage points higher than the national export, but also the growth rate of other months was relatively stable except for February and March. It is expected to replace the United States as the world's second largest exporter of mechanical and electrical products

in the same period, China's import of mechanical and electrical products reached US $498.95 billion, an increase of 16.7%, accounting for 52.2% of the total national import, down 1.8 percentage points. Although the import growth rate decreased by 5.4 percentage points over the previous year, from the perspective of monthly growth rate, it showed the characteristics of first inhibition and then improvement and steady improvement: the average growth rate in the first half of the year was only 14.2%, and in the second half of the year, it reached 19%, an increase of 4.8 percentage points. In international comparison, it will still be lower than the United States, ranking second in the world

the surplus of mechanical and electrical products continued to grow rapidly, reaching US $202.19 billion in the whole year, with a year-on-year increase of 66.2% (a year-on-year increase of 59.3% in 2006), accounting for 77.1% of the surplus of the whole commodity. Due to the transfer of international industries to China, the rapid development of processing trade, the release of the effect of fixed asset investment, the increase of business entities, especially the rapid growth of exports of private enterprises, import substitution and other factors, in the 36 months since January 2005, the export growth rate of mechanical and electrical products is greater than the import growth rate of 33 products, the gap between import and export volume is widening, and the monthly surplus continues to hit a new high, In November, it reached US $23.85 billion

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