According to customs statistics, China's export of electromechanical products in the first half this year, 306.7 billion U.S. dollars, down 21.2% compared with same period last year, a decline of less than the same period of China's total exports fell by 0.6 percentage points over the same period accounted for 58.8% of China's total exports.
Its export is mainly characterized by the following characteristics:
1, the monthly export of 8 consecutive months of year on year decline in June year on year decline in the second quarter.
2, processing trade exports dominate. The first half of this year, China's processing trade exports of machinery and electronic products 196.6 billion U.S. dollars, down 22.3%, accounting for the same period China's total exports of machinery and electronic products 64.1%; general trade export of 90.23 billion U.S. dollars, down 23.8%, accounting for 29.4%.
3, exports of foreign-invested enterprises account for nearly 7 into, private and state-owned enterprises exported a smaller decline. The first half of this year, foreign-invested enterprises exported machinery and electronic products 208.5 billion U.S. dollars, down 23.7%, accounting for the same period the total amount of China's export of electromechanical products 68%. Over the same period, the private sector 45.96 billion U.S. dollars, down 12.7%; state-owned enterprises 42.75 billion U.S. dollars, down 16%.
4, the European Union, the United States and Hong Kong as the main export market. In the first half of this year I have mechanical and electrical products exports to the EU 62.8 billion U.S. dollars, down 26.7%; to the United States and Hong Kong exports were 58.74 billion U.S. dollars and 529 billion U.S. dollars, decreased by 18.3% and 23%
5, electrical and electronic products is the main export products, automobile exports dropped significantly. The first half of this year, China's exports of electrical and electronic products 124.3 billion U.S. dollars, down 22.7%, accounting for the same period China's total exports of machinery and electronic products 40.5%.
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