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China pledges to narrow trade deficit in technology sector

Updated: 2012-12-07 07:42
By Li Jiabao ( China Daily)

Contract value of high-tech imports hits $32.2 billion in 2011, up 25.5%

China aims to boost exports of technological products to narrow the $10 billion deficit in the industry, as the country improves its manufacturing sector and restructures its economic growth, a trade official said on Thursday.

"Chinese companies are changing from technology importers to exporters, and the country's technology exports have entered a fast-growing phase," Zhou Liujun, director-general of the Department of Trade in Services and Commercial Services of the Ministry of Commerce, told a press conference held to promote the 2013 China (Shanghai) International Technology Fair.

China pledges to narrow trade deficit in technology sector

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