The European Union continued to be the largest source of imported technology for China last year, accounting for one third of the total technologies valued at $8.66 billion. The EU is followed by Japan, which exported technologies valued at $5.24 billion, while the United States, with a contract value of $4.23 billion, ranks third. Half of the technologies were imported by foreign-invested enterprises, with a total value of $11.3 billion, an increase of 36.7 per cent year-on-year. State-owned enterprises imported technologies valued at $8.9 billion, 40.8 percent of the total and a slight decrease from the previous year. The electronic and telecommunication equipment manufacturing industry replaced the rail transport sector to become the leader in technology imports. They were worth $4.15 billion, nearly double the previous year's amount. The contract value of patented technology is $7.28 billion, about one-third of the total value of technology imported. This is followed by technology consultancy and technology services, valued at $5.18 billion.
The EU is followed by Japan, which exported technologies valued at $5.24 billion, while the United States, with a contract value of $4.23 billion, ranks third.
Half of the technologies were imported by foreign-invested enterprises, with a total value of $11.3 billion, an increase of 36.7 per cent year-on-year.
State-owned enterprises imported technologies valued at $8.9 billion, 40.8 percent of the total and a slight decrease from the previous year.
The electronic and telecommunication equipment manufacturing industry replaced the rail transport sector to become the leader in technology imports. They were worth $4.15 billion, nearly double the previous year's amount.
The contract value of patented technology is $7.28 billion, about one-third of the total value of technology imported. This is followed by technology consultancy and technology services, valued at $5.18 billion.
This is a fundamental number. It flags that China is still, to a large extent, an "offshore manufacturing base", cut to a large extent form the rest of its economy, and used by Western (including rich Asia) manufacturers to offshore some of their facilities (to service Asian markets, and to keep pressure on their home labor).
Only a tiny slice of Chinese, and international shareholders profit. In the long run, we're all dead. John Maynard Keynes
http://www.eurotrib.com/comments/2007/1/10/153033/975/9#9 keep to the Fen Causeway
