Electrical Equipment / Components & Telecoms

According to customs statistics, in the first eight months of this year, my country’s total import and export value was 24.78 trillion yuan, a year-on-year increase of 23.7% and a year-on-year increase of 22.8%. Among them, exports were 13.56 trillion yuan, a year-on-year increase of 23.2% and 23.8% year-on-year; imports were 11.22 trillion yuan, a year-on-year increase of 24.4%, and a year-on-year increase of 21.8%; a trade surplus was 2.34 trillion yuan, a year-on-year increase of 17.8 %.

Exports of mechanical and electrical products and labor-intensive products both increased. In the first eight months, my country exported 7.98 trillion yuan in mechanical and electrical products, an increase of 23.8%, accounting for 58.8% of the total export value. Among them, automatic data processing equipment and its parts were 1.02 trillion yuan, an increase of 12.7%; mobile phones were 533.17 billion yuan, an increase of 9.2%; automobiles (including chassis) were 137.7 billion yuan, an increase of 111.1%.

In addition, in the first eight months, imports of mechanical and electrical products amounted to 4.75 trillion yuan, an increase of 17.7%. Among them, integrated circuits were 424.05 billion, an increase of 27.2%, valued at 1.76 trillion yuan, an increase of 16.5%; automobiles (including chassis) were 675,000, an increase of 31.2%, valued at 239.02 billion yuan, an increase of 38.6%.