China's high-tech trade slows
22-02-2009
The value of the mainland's external trade in new and high-tech products rose by 8.6 percent last year to nearly US$755-billion. But the growth rate for the products was 12.6 percent down from 2007. The General Administration of Customs said the slowdown in growth was because of the ebbing demand both at home and abroad. It said the ongoing financial crisis and the appreciation of the yuan also caused exports to decline.
