From January to June 2012, China’s total import and export of electronic information products reached US$535.8 billion, an increase of 1.9% year-on-year; among them, exports were US$319.1 billion, an increase of 5.2% year-on-year, and the growth rate was lower than the national foreign trade export by 4.0 percentage points, accounting for national foreign trade. 33.4% of exports, imports of $216.7 billion, a year-on-year decrease of 2.6%, a growth rate lower than the national foreign trade imports of 9.3%, accounting for 24.5% of the country's foreign trade imports. Compared with the first quarter, the growth rate of exports increased by 1.2 percentage points and the decline in imports increased by 0.7 percentage points.
First, the whole machine has become a major force driving exports growth. The export of communications equipment and computer products has grown rapidly. In January-June, exports of computer, communication equipment, radio and television equipment, and home appliances were 1,122, 663, 49, and 42.6 billion U.S. dollars, respectively, an increase of 8.4%, 16.0%, 5.6%, and -3.5%. Exports of household electrical and electronic products declined. The growth rate of exports of other three categories of products was higher than the average of 3.2, 10.8, and 0.4 percentage points respectively, becoming the main force driving the growth of electronic information product exports.
The growth of basic product exports is relatively sluggish. From January to June, exports of basic products such as electronic components, electronic components, electronic materials, and electronic instruments and equipment were relatively weak. Exports were 410, 367, 25, and 12.9 billion U.S. dollars, up 0.6%, -1.7%, -26.8% respectively. % and 3.3%, lower than the overall export growth rate of electronic information products 4.6, 6.9, 32.0 and 1.9 percentage points.
The export of major products kept growing. From January to June, the top five export products were: notebook computers (53.2 billion US dollars, 17.5%); mobile phones (35.8 billion US dollars, 36.1%); integrated circuits (18 billion US dollars, 18.6%); LCD panels (15.8 billion U.S. dollars, 13.8%) and parts for hand-held radiotelephones (12.2 billion U.S. dollars, -1.6%). Among the 56 products that were monitored, the export volume decreased by 21 compared to the same period of the previous year, which was a decrease of 3 compared with that in the first five months. The display, laser disc player, and optical disc drive decreased more significantly, falling by 28.6%, 23.6%, and 32.6%, respectively.
Second, the structure of trade patterns tends to improve the growth rate of general trade exports. From January to June, the general trade of electronic information products exported 58 billion U.S. dollars, an increase of 3.3% year-on-year, an increase of 2.1 percentage points from the first quarter. Some industries in the general trade mode, exports grew rapidly, broadcasting and television equipment exports 900 million U.S. dollars, an increase of 35.2%; computer exports 4.2 billion U.S. dollars, an increase of 21.7 percent; household electrical and electronic exports 11.9 billion U.S. dollars, an increase of 8.6 percent; electronic equipment exports US$4.3 billion, an increase of 15.9%.
The export of processing trade slowed down. From January to June, the export of electronic information product processing trade was US$236.4 billion, an increase of 3.4% year-on-year, and the growth rate was 0.7 percentage point lower than the first quarter. Among them, the import processing trade exports were 216.6 billion U.S. dollars, up 6.4% year-on-year; the processing trade of imported materials was 19.8 billion U.S. dollars, down 21.1% year-on-year.
Third, the structure of the main trading industry tends to be reasonable The slowdown in the export growth of foreign-funded enterprises. From January to June, the total exports of foreign-funded enterprises were 257.2 billion U.S. dollars, up 4.7% year-on-year, and the growth rate was lower than the average level by 0.5 percentage points, 0.3 percentage points lower than that of the first quarter; of which, foreign-owned enterprises exported 197.2 billion U.S. dollars, up 1.1 percent year-on-year. %; Sino-foreign joint ventures exported 57.2 billion U.S. dollars, an increase of 19.9% ​​year-on-year; Sino-foreign cooperative enterprises exported 2.8 billion U.S. dollars, a year-on-year decrease of 4.4%.
Private enterprises' export growth is outstanding. From January to June, domestic-funded enterprises exported 61.9 billion U.S. dollars, an increase of 7.1% year-on-year, and the growth rate was 1.9 percentage points higher than the average. Among them, private enterprises exported 36.9 billion U.S. dollars, an increase of 20.6% year-on-year, and the growth rate was 15.4 percentage points higher than the average. State-owned enterprises exported 18.1 billion U.S. dollars, a year-on-year decrease of 6.7%. Collective enterprises exported 6.9 billion U.S. dollars, a year-on-year decrease of 11.4%.
Fourth, the process of diversification of trading partners continued to maintain steady exports to major targets. From January to June, China's mainland electronic information products exported 77.1 billion U.S. dollars to Hong Kong, an increase of 3.0% year-on-year; exports to the United States were 61.2 billion U.S. dollars, up 9.3% year-on-year; exports to Japan were 22.7 billion U.S. dollars, up 6.5% year-on-year; exports to South Korea 169 Billion US dollars, an increase of 21.1% year-on-year; exports to the Netherlands 16.7 billion US dollars, an increase of 13.8%.
Speed ​​up the pace of development in emerging markets. From January to June, China’s electronic information products maintained growth in emerging markets such as Thailand, Russia, Indonesia, Vietnam, and the Philippines. The export value reached 46, 42, 31, 22, and 1.4 billion U.S. dollars, an increase of 21.2% and 22.5% year-on-year respectively. 24.9%, 30.1% and 13.0%, both far above the overall average.
Exports to the European market continued to slump. From January to June, the decline in the export of China's electronic information products to European countries was still evident. Exports to Germany were 11.8 billion U.S. dollars, down 8.0% year-on-year; exports to France were 4 billion U.S. dollars, down 11.2% year-on-year; exports to Italy were 3.2 billion U.S. dollars, down 41.5% year-on-year. Exports to the Czech Republic, Spain, Hungary, and Belgium decreased by 23.3%, 15.8%, 19.8%, and 11.9%, respectively.
5. The export trend of the eastern, central and western regions has been split. The export growth of major provinces and cities in the east has been slow. From January to June, Guangdong, Jiangsu, Shanghai, Zhejiang, and Tianjin ranked among the top five countries in export of electronic information products, with exports of 1,309, 656, 457, 120, and 10.3 billion US dollars respectively, an increase of 3.5% and -3.0% over the same period of the previous year. , -3.1%, 4.0% and 16.3%, except for other provinces and cities in Tianjin, the export growth rate was lower than the national average.
Some of the provinces and cities in the central and western regions showed a significant increase in exports. From January to June, the export growth rates of central and western provinces and cities such as Henan, Chongqing, Sichuan, and Qinghai were outstanding, reaching 1115.9%, 408.8%, 111.2%, and 165.9%, respectively.
Figures:
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Figure 1 Monthly export of electronic information products in China since 2011![]()
Figure 2 Comparison of Exports by Industry from January to June in 2012![]()
Figure 3 Comparison of export and trade structure of electronic information products between January 2012 and January 2011
First, the whole machine has become a major force driving exports growth. The export of communications equipment and computer products has grown rapidly. In January-June, exports of computer, communication equipment, radio and television equipment, and home appliances were 1,122, 663, 49, and 42.6 billion U.S. dollars, respectively, an increase of 8.4%, 16.0%, 5.6%, and -3.5%. Exports of household electrical and electronic products declined. The growth rate of exports of other three categories of products was higher than the average of 3.2, 10.8, and 0.4 percentage points respectively, becoming the main force driving the growth of electronic information product exports.
The growth of basic product exports is relatively sluggish. From January to June, exports of basic products such as electronic components, electronic components, electronic materials, and electronic instruments and equipment were relatively weak. Exports were 410, 367, 25, and 12.9 billion U.S. dollars, up 0.6%, -1.7%, -26.8% respectively. % and 3.3%, lower than the overall export growth rate of electronic information products 4.6, 6.9, 32.0 and 1.9 percentage points.
The export of major products kept growing. From January to June, the top five export products were: notebook computers (53.2 billion US dollars, 17.5%); mobile phones (35.8 billion US dollars, 36.1%); integrated circuits (18 billion US dollars, 18.6%); LCD panels (15.8 billion U.S. dollars, 13.8%) and parts for hand-held radiotelephones (12.2 billion U.S. dollars, -1.6%). Among the 56 products that were monitored, the export volume decreased by 21 compared to the same period of the previous year, which was a decrease of 3 compared with that in the first five months. The display, laser disc player, and optical disc drive decreased more significantly, falling by 28.6%, 23.6%, and 32.6%, respectively.
Second, the structure of trade patterns tends to improve the growth rate of general trade exports. From January to June, the general trade of electronic information products exported 58 billion U.S. dollars, an increase of 3.3% year-on-year, an increase of 2.1 percentage points from the first quarter. Some industries in the general trade mode, exports grew rapidly, broadcasting and television equipment exports 900 million U.S. dollars, an increase of 35.2%; computer exports 4.2 billion U.S. dollars, an increase of 21.7 percent; household electrical and electronic exports 11.9 billion U.S. dollars, an increase of 8.6 percent; electronic equipment exports US$4.3 billion, an increase of 15.9%.
The export of processing trade slowed down. From January to June, the export of electronic information product processing trade was US$236.4 billion, an increase of 3.4% year-on-year, and the growth rate was 0.7 percentage point lower than the first quarter. Among them, the import processing trade exports were 216.6 billion U.S. dollars, up 6.4% year-on-year; the processing trade of imported materials was 19.8 billion U.S. dollars, down 21.1% year-on-year.
Third, the structure of the main trading industry tends to be reasonable The slowdown in the export growth of foreign-funded enterprises. From January to June, the total exports of foreign-funded enterprises were 257.2 billion U.S. dollars, up 4.7% year-on-year, and the growth rate was lower than the average level by 0.5 percentage points, 0.3 percentage points lower than that of the first quarter; of which, foreign-owned enterprises exported 197.2 billion U.S. dollars, up 1.1 percent year-on-year. %; Sino-foreign joint ventures exported 57.2 billion U.S. dollars, an increase of 19.9% ​​year-on-year; Sino-foreign cooperative enterprises exported 2.8 billion U.S. dollars, a year-on-year decrease of 4.4%.
Private enterprises' export growth is outstanding. From January to June, domestic-funded enterprises exported 61.9 billion U.S. dollars, an increase of 7.1% year-on-year, and the growth rate was 1.9 percentage points higher than the average. Among them, private enterprises exported 36.9 billion U.S. dollars, an increase of 20.6% year-on-year, and the growth rate was 15.4 percentage points higher than the average. State-owned enterprises exported 18.1 billion U.S. dollars, a year-on-year decrease of 6.7%. Collective enterprises exported 6.9 billion U.S. dollars, a year-on-year decrease of 11.4%.
Fourth, the process of diversification of trading partners continued to maintain steady exports to major targets. From January to June, China's mainland electronic information products exported 77.1 billion U.S. dollars to Hong Kong, an increase of 3.0% year-on-year; exports to the United States were 61.2 billion U.S. dollars, up 9.3% year-on-year; exports to Japan were 22.7 billion U.S. dollars, up 6.5% year-on-year; exports to South Korea 169 Billion US dollars, an increase of 21.1% year-on-year; exports to the Netherlands 16.7 billion US dollars, an increase of 13.8%.
Speed ​​up the pace of development in emerging markets. From January to June, China’s electronic information products maintained growth in emerging markets such as Thailand, Russia, Indonesia, Vietnam, and the Philippines. The export value reached 46, 42, 31, 22, and 1.4 billion U.S. dollars, an increase of 21.2% and 22.5% year-on-year respectively. 24.9%, 30.1% and 13.0%, both far above the overall average.
Exports to the European market continued to slump. From January to June, the decline in the export of China's electronic information products to European countries was still evident. Exports to Germany were 11.8 billion U.S. dollars, down 8.0% year-on-year; exports to France were 4 billion U.S. dollars, down 11.2% year-on-year; exports to Italy were 3.2 billion U.S. dollars, down 41.5% year-on-year. Exports to the Czech Republic, Spain, Hungary, and Belgium decreased by 23.3%, 15.8%, 19.8%, and 11.9%, respectively.
5. The export trend of the eastern, central and western regions has been split. The export growth of major provinces and cities in the east has been slow. From January to June, Guangdong, Jiangsu, Shanghai, Zhejiang, and Tianjin ranked among the top five countries in export of electronic information products, with exports of 1,309, 656, 457, 120, and 10.3 billion US dollars respectively, an increase of 3.5% and -3.0% over the same period of the previous year. , -3.1%, 4.0% and 16.3%, except for other provinces and cities in Tianjin, the export growth rate was lower than the national average.
Some of the provinces and cities in the central and western regions showed a significant increase in exports. From January to June, the export growth rates of central and western provinces and cities such as Henan, Chongqing, Sichuan, and Qinghai were outstanding, reaching 1115.9%, 408.8%, 111.2%, and 165.9%, respectively.
Figures:
Figure 1 Monthly export of electronic information products in China since 2011
Figure 2 Comparison of Exports by Industry from January to June in 2012
Figure 3 Comparison of export and trade structure of electronic information products between January 2012 and January 2011
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