China’s Imports in Numbers: Categories of Goods and Services

China’s Imports in Numbers: Categories of Goods and Services

2018/11/1

Among all the goods imported in 2017, machinery and transport equipment made up 734.9 billion US dollars, accounting for 40%, followed by crude materials (inedible, except fuels) worth 260.2 billion US dollars, and mineral fuels, lubricants and related materials worth 247.8 billion US dollars. Over the past decade, imports of primary products like food and live animals, beverages and tobacco have maintained steep increases, while most of the other categories experienced declines in 2015 and 2016, before recovering from 2017. According to the China Tourism Academy, 130.5 million overseas visits were made by Chinese in 2017, a jump of 7% from the previous year. China remains the world’s largest source of outbound tourism. Following tourism, transport services and use of intellectual property took up 19.9% and 6.1% respectively.

Source: Ecns.cn

 




People watch


It is lucky for Chen Jun to began his career in the IP industry 14 years ago when the first group of IP managers for businesses appeared on the stage in China and he has been in the industry.

It was this “Whampoa Military Academy” for IP that educated China’s first batch of corporate IP management personnel. Many of these engineers left Foxconn in the years since.