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  • China's Technology Exports Expand 12 Pct. in 1998
  • January 22, 1999 (BEIJING) -- China's exports of capital- and technology-intensive industrial products in 1998 registered US$66.54 billion, for an increase of 12.2 percent compared to 1997, according to Chinese Customs.
    The country's overall exports in 1998 rose 0.5 percent to US$183.76 billion. Exports of primary goods decreased by 14 percent to US$20.6 billion, with declining exports of labor-intensive products such as garments and accessories.

    Analysts said that the rising exports of capital- and technology-intensive products indicates improvements in China's export structure, as well as rising quality levels. Meanwhile, they attribute the decline in exports of primary goods to the sluggish international economy.

    (Xinhua News Agency)

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    Updated: Thu Jan 21 14:12:22 1999 PDT