<p>The share of Chinese imports in the country's total inbound shipments has declined to 15.4 per cent in 2021-22 from 16.5 per cent in 2020-21, sources said on Thursday.</p>.<p>They also said the major items imported from China into India are used for meeting the demand of sectors like telecom and power.</p>.<p>Citing some examples, they said imports like Active Pharmaceutical Ingredients (APIs) and drug formulations provide Indian pharma industry raw material for producing finished goods which are also exported.</p>.<p>Increase in imports of information and communication technology products and medical and scientific instruments can be attributed to the surge in demand of these products during COVID-19 times.</p>.<p>"Moreover, the rising prices of commodities globally have also played a significant role in adding to import value," one of the sources said.</p>.<p>Exports to China increased marginally to $21.25 billion last fiscal from $21.18 billion in 2020-21, while imports rose to $94.16 billion from about $65.21 billion in 2020-21.</p>.<p>India's exports to China at $21.2 billion in 2021-22 were its third highest, after the US and UAE. Exports to the neighbouring country stood at $11.9 billion in 2014-15.</p>.<p>Further, sources stated that imports of mobile phones from China dropped by 55 per cent to $626 million in 2021-22, from $1.4 billion in 2020-21.</p>.<p>"Technical regulations have been framed for several products for maintenance of standards/quality of imported products. This will check import of sub-standard products from any country, including China," a source said. </p>
<p>The share of Chinese imports in the country's total inbound shipments has declined to 15.4 per cent in 2021-22 from 16.5 per cent in 2020-21, sources said on Thursday.</p>.<p>They also said the major items imported from China into India are used for meeting the demand of sectors like telecom and power.</p>.<p>Citing some examples, they said imports like Active Pharmaceutical Ingredients (APIs) and drug formulations provide Indian pharma industry raw material for producing finished goods which are also exported.</p>.<p>Increase in imports of information and communication technology products and medical and scientific instruments can be attributed to the surge in demand of these products during COVID-19 times.</p>.<p>"Moreover, the rising prices of commodities globally have also played a significant role in adding to import value," one of the sources said.</p>.<p>Exports to China increased marginally to $21.25 billion last fiscal from $21.18 billion in 2020-21, while imports rose to $94.16 billion from about $65.21 billion in 2020-21.</p>.<p>India's exports to China at $21.2 billion in 2021-22 were its third highest, after the US and UAE. Exports to the neighbouring country stood at $11.9 billion in 2014-15.</p>.<p>Further, sources stated that imports of mobile phones from China dropped by 55 per cent to $626 million in 2021-22, from $1.4 billion in 2020-21.</p>.<p>"Technical regulations have been framed for several products for maintenance of standards/quality of imported products. This will check import of sub-standard products from any country, including China," a source said. </p>