Customs 10, published data show that China's foreign trade in July this year, the export value and the total value of imports and exports record monthly since the financial crisis, the new high is July 2008, the best record since. The experts believe that China's export of restorative sources of growth in the "made in China" for the comparison of competitive advantage, as well as the international market for the better.
"Made in China" comparative advantage still exist
"This year the Chinese imports will implement restorative growth, foreign trade growth is rendered ' descending ' trend. "State Council's Foreign Ministry Deputy Minister Zhao Jin Ping said. He believes that, despite the global economic recovery has been slow, but international market demand is still in recovery situation, this is China's foreign trade and exports for recovery of growth.
According to customs statistics, in July this year, China's imports and exports value of $ 2623.1 billion, an increase of 30.8%. Where export 1455.2 million 38.1 percent; import 1167.9 million 22.7 percent.
Department of Commerce's international trade and economic cooperation between the Institute of international marketing director Zhao-said that currently, the global economic recovery is slow, Europe and the United States economy remains weak, in the external environment is not a good background, China cheap products especially competitive.
"As Europe and the United States and other countries of high unemployment and reduced income, credit crunch, disposable income is reduced, and European consumers have become more dependent on China. "Zhao-said.
According to customs statistics, 7 months before this year, China's export of electromechanical products 5006.9 million 36.2 percent, higher than the same period overall export growth in China 0.6 percentage, representing over China's exports of 58.9%. In addition, this year the first seven months, including clothing, furniture, shoes, plastic products, bags and textile yarn, fabrics and products exports, traditional commodities export growth has accelerated.
Zhao-think, since 15 July some steel products in China to cancel two gaoyizi products export refunds, in addition, the company expects to export tax rebates will be further reduced, involves a greater range of products, so new orders by Rob export, which is July export growth faster an important reason.
Annual trade surplus is expected to be flat with last year
Customs data show that China's July trade surplus $ 287.3 billion, more than 6 month expanded 87.1 billion.
Zhao Jin Ping said, because the macro tightening, real estate, import demand in China, it is expected that the growth momentum in the second half of imports will be faster. Imports decline faster than exports drop in speed makes our monthly trade surplus expanded trend is rendered.
Customs data showed that imports increase in July this year, more than 1 month decline 62.8 percentage decline than June 11.4 percentage points, while export growth in July than in January rose 17.1 percentage decline than June 5.8 percentage.
In addition, the experts also indicated that a large trade surplus to a large extent from the foreign-funded enterprises processing trade.
According to customs statistics, 7 months before this year, China's processing trade and export 6295.3 billion, an increase of 36.1%. Exports 3984.1 billion, an increase of 32.4%; import 2311.2 billion, an increase of 43.2%. 7 month processing trade generated nearly $ 30 million trade surplus. While our general trade trade deficit of $ 318.7 billion.
"China's export products brand share accumulated and value chain are at the low end and unfavourable position, so far there is not much changed. China's trade surplus from the number of foreign-funded enterprises through profits? China production distribution and the processing trade to China's ' go to ' how many trade surpluses? these are of concern. "China's foreign exchange investment Dean Tan yaling said.
Zhao Jin Ping is expected in 2010 China's trade surplus will be flat with last year, or slightly decreased.
Guard against external factors of uncertainty
Zhao Jin Ping said, my country Brazil, ASEAN and other emerging market trade growth exceeds the average level of China's trade growth, China's foreign trade regional diversification strategy achieved certain results, this is also achieved stable growth in foreign trade this year.
Customs statistics, 7 months this year, China and ASEAN bilateral trade amounted to 1610 billion, an increase of 49.6%. Among them, to ASEAN export 767.4 billion, an increase of 43.2%; from ASEAN import 842.6 billion, an increase of 56.1%. Concern is Russia, Brazil, and has become a substitute for the tenth largest trade partner. Before 7 months, China and Brazil bilateral trade amounted to $ 325.1 million, an increase of 54.6%.
Customs statistics, the first seven months, China's imports and exports worth $ 16170.5 billion, an increase of 40.9%. Exports 8504.9 billion, an increase of 35.6%; import 7665.6 billion, an increase of 47.2%.
National development and foreign economic Institute Zhangyansheng believes that China's exports of adverse factors still persist. In high-growth Chinese exports, trade friction risk is increasing, in addition, the European debt crisis for China's export of impact has not yet appeared, domestic macroeconomic adjustment also enables export enterprises are facing a certain pressure. Therefore, "not optimistic", foreign trade enterprises should be at this year's restorative growth context of self-strengthening "service."
Zhangyansheng said that in the longer term, the "lower the external economic environment, the more competitive China product" rule will fail. On the one hand, because the labour, resources, environment, and other cost increases, the Chinese exporters facing increased pressure on the prices of export products, beauty products from China, but may no longer cheap; on the other hand, from India, Bengal, Viet Nam's alternative products increased, China faces more fierce competition with similar products.
"For example India, it has 4 million 15-year-old to 34-year-old young man does not participate in the global division of labor, once
These people have joined the global industrial chain, China's current export competitive advantage will encounter challenges. Yansheng said: "the Chinese export in 5 to 10 years will face major structural adjustment. ”
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