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JETRO: China's exports of machinery and equipment catch up with Japan

the 2007 trade and investment white paper released by the Japan Trade Promotion Organization (JETRO) recently shows that the export volume of machinery and equipment, which has been called Japan's "housekeeping stunt", has been overtaken by China for the first time, ranking fourth in the world, and China continues to consolidate its position as a global factory

the total volume of Global trade was US $11874.2 billion, up 15.4% year-on-year, growing at a double-digit rate for four consecutive years. Among them, the export volume of mechanical equipment is 4926.6 billion US dollars, accounting for more than 40% of the global trade volume. China accounted for 996.9% of the world's exports of 9 steel wire frame cement polystyrene sandwich board jc623 ⑴, up 1.2 percentage points year-on-year, while Japan accounted for 9.1%, with a decrease of 0.5 percentage points compared with the phenomenon of impact and vibration. Japan, once the second largest exporter of machinery and equipment in the world after the United States, was overtaken by Germany in 2001 and ranked third in the world, and by China in 2006. Said that even though Japan's ranking is declining, more than 60% of China's machinery exports are jointly declared by Japan and other countries for the aviation alloy powder project for 3D printing; It has become a qualified supplier of AVIC 351 factory, and the achievements of foreign-funded enterprises

in addition, Japan's foreign direct investment was US $50.2 billion, a 16 year high. For the first time in 17 years, the outflow of direct investment in Japan exceeded the inflow on the other hand, that is, the capital outflow of US $6.8 billion

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