Contract Value of Technology Import in the First 7 Months
Contract Value of Technology Import in the First 7 Months Increased by 56.5% on a Year-on-year Basis

According to MOFCOM statistics, China totally signed 6390 projects of technology import during the first 7 months of 2006 with a contract value of US$14.83 billion, up by 56.5% on a year-on-year basis, and technology fees reached US$9.12 billion, accounting for 61.5% of total value of the contracts. The contract value of technology import increased by a big margin.

During the first 7 months of 2006, the transaction value of know-how licensing contracts amounted to US$4.67 billion, up by 62.2% on a year-on-year basis and accounting for 32.1% of the total. Value of contracts concerning joint-venture and cooperative production and technology consultation, technology service with content of technology import were USD$ 3.7 billion and US$2.81 billion respectively, accounting for 25% and 19% respectively of the total, ranking No. 2 and No. 3.

EU was the biggest source of China's technology import in the first 7 months of 2006. China signed US$6.26 billion contracts of technology import with EU, up by 37.4% on a year-on-year basis and accounting for 42.2% of the total. Japan and the US followed with import value of US$3.63 billion and US$2.49 billion respectively, accounting for 24.5% and 16.8% respectively of the total.

Total value of technology import of state-owned enterprises hit US$6.99 billion with a year-on-year basis of 90.7%, accounting for 47.1% of the total, and of foreign investment enterprises US$6.93 billion, accounting for 46.8%. Value of technology import by the two types of enterprises was basically at the same level.

Total US$3.94 billion technology import were registered in railway transportation, up by more than 8 times, accounting for 26.6% of the total. Railway transportation was still the industry with biggest increase rate in technology import in China. Technology import in electronic and telecommunications industries maintained a high speed growth and number of imported technology projects was 913 with a value of US$2.93 billion, up by 118.6% and accounting for 19.8%. In the mean time, value of technology import in transportation equipment manufacturing amounted to US$1.19 billion, accounting for 8%.


Source£ºNetwork Center of MOFCOM