According to the statistics of China Machinery Industry Federation, in the first half of 2011, the import and export of the electrical industry was 66.325 billion U.S. dollars, an increase of 21.25% over the same period of 2010, of which imports were 26.448 billion U.S. dollars, up 17.84% year-on-year; exports were 39.978 billion U.S. dollars, up 23.62% year-on-year. The import and export surplus is 13.43 billion U.S. dollars.
In the first half of 2011, China’s electrical product imports grew at a rapid rate, hitting a record high for the first half of the year. The industry’s imports for the first half of the year amounted to 26.448 billion U.S. dollars, which was more than the highest annual figure in the first half of 2010 of 22.245 billion U.S. dollars, and more than 4.003 billion U.S. dollars, of which wire and cable Increased by 18.1%.
In the first half of 2011, the industry-wide export volume was US$39.878 billion, which was US$7.219 billion more than the highest US$32.259 billion in the first half of 2010, of which wire and cable exports increased by 20.61%.
In the first half of 2011, China’s electrical product imports grew at a rapid rate, hitting a record high for the first half of the year. The industry’s imports for the first half of the year amounted to 26.448 billion U.S. dollars, which was more than the highest annual figure in the first half of 2010 of 22.245 billion U.S. dollars, and more than 4.003 billion U.S. dollars, of which wire and cable Increased by 18.1%.
In the first half of 2011, the industry-wide export volume was US$39.878 billion, which was US$7.219 billion more than the highest US$32.259 billion in the first half of 2010, of which wire and cable exports increased by 20.61%.
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