The export of Chinese mechanical and electronic products has grown strongly, accounting for more than half of the total export volume.

Chinese export commodities are gradually shifting from labor-intensive light industrial products to capital-intensive mechanical and electronic products, among which the export value of mechanical and electronic products accounts for as high as 59.4% of the total export value.

1. Export Value Growth

In 2023, China's exports increased by 5.9% year-on-year to reach 35772 billion US dollars, with the export value of mechanical and electronic products growing by 7.5% to reach 2.1255 trillion US dollars.

2. Trade Surplus

The trade surplus of mechanical and electronic products last year reached 11405 billion US dollars, exceeding the overall trade surplus of 9921 billion US dollars, becoming the main force driving China's trade surplus.

3. Export Varieties

Among the 12 major mechanical and electronic products exported by China, the export values of automatic data processing systems, semiconductors, smartphones, automobiles, and other products all exceeded 10 billion US dollars.

Original Source: https://www.toutiao.com/article/1828981148348554/

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