By October the export of electromechanical products exceeded last year
Data from the Ministry of Commerce show that from 1 to October, China's export of electromechanical products $562 billion 240 million, exceeding last year's exports of $12 billion 820 million, an increase of 27.9%, accounting for the proportion of the country's foreign trade accounted for 57%.
At the same time, the import and export of electromechanical products was $966 billion 510 million, an increase of 22.8%, accounting for nearly 55% of the proportion of the country's foreign trade. Among them, imports $404 billion 270 million, import growth rebounded to 16.5%. That the chamber of Commerce for import and export Chinese Electromechanical, mechanical and electrical products import and export trade this year has three characteristics: mechanical products to maintain rapid development, electronic products, automobile growth slowed; general trade growth faster than processing trade, state-owned enterprises export growth accelerated; and the North American trade development has slowed down, and some emerging market trade rapid growth.