China mechanical, electronics exports top world in 2010

SHANGHAI, Feb 24 (Xinhua): China's export sales of mechanical and electrical products topped the world at US$933.4 billion in 2010, said officials with China's Ministry of Commerce Thursday in Shanghai. In 2010, China' s total value of imports and exports of mechanical and electrical products reached $1.59 trillion, said Zhang Ji, director with the electromechanical products and technology department, during China' s electromechanical technology commerce meeting. Statistics released by the Ministry of Commerce shows that, in 2010, the export of electromechanical products made up about 60 per cent of China's export trade and remained first in a variety of export goods over 16 consecutive years. The competitive advantage of high technology added value products, such as cars, boats and aircraft, has become the new growing sectors of exports.