Foreign-funded enterprises in China exported high-tech products worth 192 billion U.S. dollars in 2005, accounting for 43.2 percent of its total export, according to figures from the Ministry of Commerce.

Meanwhile foreign-funded enterprises imported high-tech products worth 157.98 billion U.S. dollars, accounting for 40.8 percent of its total import, the Ministry said.

The government has promulgated a series of policies to encourage foreign investment to flow into the high-tech sector. Figures show during China's 10th Five-Year Plan period (2001-2005), more than 70 billion U.S. dollars of foreign investment were ploughed into the high-tech sector.

The proportion of high-tech products in foreign-funded enterprises' exports rose 18.2 percentage points in the past five years, according to the Ministry.

Source: Xinhua