Mechanical, electrical exports to leap by 10%
Exports of mechanical and electrical products, which account for more than half of the nation's export volume, are expected to increase by 10 percent in 2010, a senior government official said yesterday.
The overall export scenario this year will "definitely improve" compared with last year, with year-on-year growth of mechanical and electrical exports set to climb 10 percent, said Zhang Ji, director of the Department of Mechanic, Electronic and Hi-tech Industry under the Ministry of Commerce (MOFCOM).
But there is little chance of repeating the strong growth seen in 2007 when a year-on-year surge in the sector hit 27.6 percent, he added.
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