East China's Shanghai port exported 45.4 billion US dollars worth of new- and high-tech products in 2004, a growth of 72 percent over the previous-year level.

About 88.6 percent of the total came from foreign-invested companies, according to local customs sources.

The proportion was 4.3 percentage points higher than the 2003 level, the sources added.

Of the foreign sales of new- and high-tech products, photoelectric products, computers and telecommunications products made up 30.7 billion US dollars, or 67.3 percent.

The customs sources said that last year, more than half of the new- and high-tech exports from Shanghai were shipped to the European Union and the United States.

In 2004 foreign trade at the port amounted to 282.6 billion US dollars, up 40 percent. The total included 161.3 billion US dollars in export value and 121.3 billion US dollars in import value, up 44 percent and 37 percent respectively, the customs sources added.