Exports of China's electronic and information products are
expected to exceed US$300 billion in 2006, according to Lou
Qinjian, deputy minister of Information Industry.
In the first 10 months of this year, exports of electronic and
information products reached US$288.6 billion, accounting for 37
percent of China's total exports, Lou said at a national conference
of the electronic and information industry held here Tuesday.
Imports were valued at US$231.4 billion, 36 percent of the
country's total.
From January to October, China produced 376 million mobile
phones, a year-on-year increase of 63.8 percent.
The global output of mobile phones is expected to exceed 1
billion in 2007, and China will account for 40 percent of the
production, according to the ministry.
As the electronic and information products gain market share
worldwide, the sector is finding itself involved in the country's
trade disputes, facing challenges like anti-dumping, technology
barriers and high patent fees.
The industry is also burdened by two new European Union
directives, namely the directives on Waste Electrical and
Electronic Equipment (WEEE) and Restriction of Hazardous Substances
(RoHS), which set clear energy consumption standards for imported
products.
Lou urged producers to optimize products for export, enhance
technological research and development and learn to handle trade
disputes.
China exported 260-billion-yuan worth of electronic and
information products in 2005, according to the ministry, who
predicted industrial added value in this sector will reach 1.1
trillion yuan this year.
(Xinhua News Agency December 20, 2006)
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