Chinese mainland's high-tech products export to the United States, Hong Kong and European Union (EU) exceeded 150 billion U.S. dollars in 2005, statistics from the Ministry of Commerce showed.

The sum included 52.04 billion dollars, 51.26 billion dollars and 49.94 billion dollars respectively to the three regions.

The export volume of high-tech products to the three regions accounted for 31.3 percent, 39.9 percent and 33.4 percent of the mainland's total export.

The ratios increased by 14 percentage points, 21 percentage points and 12 percentage points respectively over those in 2000.

Currently, China's high-tech products are mainly imported from Asia and exported to the United States and European Union. Up to 87.6 percent of the mainland's high-tech products are traded with the European Union, the United States, the Association of Southeast Asian Nations (ASEAN), Hong Kong, Japan, Taiwan and Republic of Korea.

The European Union remains the largest trade partner in the Chinese mainland's high-tech products. The bilateral trade volume of high-tech products with the European Union reached 69.35 billion dollars in 2005, ahead of the United States, which had a bilateral trade volume of 68.15 billion dollars.

The Chinese mainland's first four partners of importing high-tech products are the ASEAN, Japan, Taiwan and Republic of Korea with an import volume accounting for 63.4 percent of the total.

The ASEAN remained China's largest source of high-tech products in 2005. China imported 40.13 billion dollars of high-tech products, mainly integrated circuits, from the ASEAN last year.

Source: Xinhua