Development status of China's mechanical and electrical products

In the first half of 2008, China's exports of mechanical and electrical products reached US$388.78 billion, an increase of 25.4%, accounting for 58.3% of the total export value in the same period, an increase of 1.6 percentage points over the same period of 2007. Among them, the export of electrical and electronic products was US$160.7 billion, up 24.8%; the export of machinery and equipment was US$128.06 billion, up 22.6%. The export of high-tech products was US$196.17 billion, an increase of 21.8%. Among them, imported mechanical and electrical products reached 265.38 billion US dollars, an increase of 18.9%.

The average number of orders in the enterprise has increased, but the outlook for future export growth is not optimistic. According to the questionnaire, about 27% of the companies indicated that their orders were down year-on-year, 26% of the company's orders were flat, 47% of the company's orders increased, and 21% of the company's orders increased by more than 20%. However, enterprises are more worried about the difficulty in judging the rising price of raw materials and the appreciation of the renminbi in the future, and are worried about the conditions and environment for the development of foreign trade.

The adjustment of enterprise product structure has shifted from passive to active. Due to changes in the situation, uncertain factors have increased, and the ability of enterprises to withstand and adapt has been continuously enhanced. The development of enterprises has shifted from blind expansion to rational self-control. The risk of trade friction is increasing, and the trade between the United States and Europe is not optimistic, and the challenge is greater than the opportunity.

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