Statistics
China's foreign trade of electronic information products down in 2009
(Xinhua)
Updated: 2010-02-03 18:33
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BEIJING: China's foreign trade in electronic information products fell 12.8 percent last year, the first annual decline since 2000, the Ministry of Industry and Information Technology (MIIT) announced Wednesday.
The combined import and export value stood at $771.9 billion last year, about 34.9 percent of the country's overall foreign trade, said the MIIT in a statement on its website.
Exports dropped 12.5 percent year on year to $457.2 billion, accounting for 38 percent of the country's total exports.
Exports of electronic information products rose 34 percent in November, but only 7.7 percent in December, as a result of a low comparison base of the previous year's figure, which was depressed by the global economic downturn, according to the statement.
Larger declines were seen in exports of basic products, with electronic components down 23.6 percent and electronic materials falling 36.3 percent, while exports of communications equipment sank 3.8 percent, said the statement without giving specific figures.
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The country's foreign trade value in 2009 dropped to $2.21 trillion, down 13.9 percent year on year, according to figures from the National Bureau of Statistics.
The MIIT forecast in the statement that the overall situation for China's electronic information exports in 2010 would face challenges from trade protectionism despite industry moves to rebound across the globe.
Reports from the IDC, a global market consultant firm, showed the combined expenditure in information technology was expected to increase more than 3 percent globally, said the statement.
