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China Sees Electromechanical Product Exports Growth Hit New High of 24.3% in Jan. and Feb.
NextFin News -- China exported 2.89 trillion yuan worth of electromechanical products in January and February, representing an unprecedented increase of 24.3%, according to the General Administration of Customs. In terms of key commodities, the exports included labor-intensive products valued at 702.67 billion yuan, up by 15.6%, and agricultural products worth 120.01 billion yuan, increasing by 9.7%. On the import side, in the first two months, China imported electromechanical products valued at 1.21 trillion yuan, a growth rate of 21.3%; iron ore at 210 million tons, an increase of 10%; and crude oil at 96.934 million tons, rising by 15.8%.
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