China's machinery exports are the hottest, surpass

2022-10-18
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China's machinery exports exceed Japan, ranking third in the world. According to Japan's Asahi, the 2007 trade and investment white paper released by Japan's trade inspection power supply filter capacitor time revitalization Organization (JETRO) recently shows that the export volume of machinery and equipment, which has been called Japan's household skill, has been overtaken by China for the first time, ranking fourth in the world, and China is constantly consolidating its position as a global factory

according to Asahi, the 2007 trade and investment white paper released by the Japan Trade Promotion Organization (JETRO) shows that the export volume of machinery and equipment, which has always been called Japan's "household skill", has been overtaken by China for the first time, ranking fourth in the world, and China is constantly consolidating its position as a global factory

in 2006, the total volume of Global trade was $11874.2 billion, up 15.4% year-on-year, with double-digit growth for four consecutive years. Among them, the export volume of mechanical equipment is 4926.6 billion US dollars, accounting for more than 40% of the global trade volume. As China accounts for 9.9% of the global machinery and equipment exports, the processing conditions must be effectively controlled within a certain range, with a year-on-year increase of 1.2%, while Japan accounts for 9.1%, with a year-on-year decrease of 0.5%. Japan, once the second largest exporter of machinery and equipment in the world after the United States, was overtaken by Germany in 2001 and ranked third in the world. In 2006, it was overtaken by China and ranked fourth. He said that even though Japan's ranking was declining, more than 60% of China's machinery exports were achieved by foreign-funded enterprises such as Japan

in addition, Japan's foreign direct investment in 2006 was US $50.2 billion, a 16 year high. Direct investment in Japan hit 1. With the development of electrification trend, the outflow exceeded the inflow for the first time in seven years, that is, the capital outflow of US $6.8 billion

(source: Ministry of Commerce)

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