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China's foreign trade in electronic products up 41.8% in H1

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Imports and exports of electronic products in China rose 41.8 percent year on year to 452.6 billion U.S. dollars in the first half of 2010, according to the Ministry of Industry and Information Technology (MIIT) on Monday.

Exports of the country's electronic products reached 262.4 billion U.S. dollars, about 38.9 percent more than the same period in 2009. It was 7.1 percent more than the same period in 2008.

In export categories, computers grew by 42 percent to 99 billion U.S. dollars.

Also, home appliances expanded 23.3 percent to 39.7 billion dollars, while communications devices gained 21 percent to 42.1 billion dollars.

Laptops, mobile phones and LCD panels and module exports ranked as top three in exports.

Hong Kong, the United States and Japan remained the top three overseas markets for China's electronic product exports, though exports to Europe Union members grew much faster.

Meanwhile, China's import of electronic products has grown 46 percent to 190.2 billion U.S. dollars during the first six months of 2010, said the MIIT.

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