Big trade surplus posted

Category:[world] [BIZCHINA] [Center]

China's medical instrument sector has achieved a considerable trade surplus during the first six months of this year, thanks to the fast upgrading of the nation's overall production capacity and improvements in product quality.

According to customs statistics, the total trade volume of medical instruments for the half year period reached US$5 billion  representing a 20.94 percent increase over the same period last year. Export value reached US$3.2 billion, a 31.35 percent increase from last year's comparable figure, and imports amounted to US$1.8 billion US dollars, an increase of 6.30 percent.

The relatively slow import growth rate indicates the stable demand of the Chinese market for imported medical instruments. The export growth rate is 25 percent higher than the import growth rate, and the accumulated surplus value hits US$1.35 billion.

An analysis of exports indicates that standard facilities, operation instruments and massage equipment hold strong advantages over overseas products in terms of both price level and quality.


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