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China exported US$71.794 billion worth of high-tech products during the first quarter of 2007, hiking by 21.1% on year and accounting for 28.5% of the country's total export value, according to statistics published by the Ministry of Commerce on its website.

At the same time, China imported high-tech products valued at US$60.271 billion, growing by 12.2% on year and taking up 29.3% of its total import value.

China's leading import/export partners for high-tech products, first quarter 2007
Partner	Export value (US$ billion)	Proportion of total export value	Import value (US$ billion)	Proportion of total import value
European Union	17.026	23.7%	5.738	9.5%
US	16.635	23.2%	5.673	9.4%
Hong Kong	16.017	22.3%	0.832	1.4%
ASEAN*	5.493	7.7%	12.507	20.8%
Japan	4.977	6.9%	9.250	15.3%
South Korea	2.182	3.0%	7.710	12.8%
Taiwan	1.699	2.4%	8.787	14.6%

(For more biz stories, please visit Industry Updates)