China's exports are not now "inflection point" trend of foreign trade is not optimistic

General Administration of customs import and export data to a published show that China's foreign trade in September this year, the export growth rate of 4 consecutive months, the trade surplus fell to its lowest point since May. In May and September, China's exports to rise appreciably increase order 48.5%, 43.9%, 38.1%, 34.4%, export growth 25.1% for 4 months.

Market rumors that Chinese exports has appeared "inflection point, but experts believe that China's exports remained steady growth," inflection point "does not exist, the current trend of foreign trade has been significantly better than the financial crisis levels. "September exports growth rate drop large base of the last year. From exports, may to September, single export remains steady growth in exports in the month of September this year high. China export does not appear on ' turning point '. "Department of Commerce's international trade and economic cooperation Research Institute researcher Li Jian said.

China Development Research Foundation, under-Secretary-General Tang min, said: "the current world economy is slumping, world demand for Chinese products are reduced, this is the result of the export decline in September. China's export growth in September 25.1%, during the economic crisis is a very good growth rates. The first few months in 30% to 50% of the high growth and foreign buyers premium inventory related, is not a short-term phenomenon, as the following. And in 2008 compared with September this year the total value of imports and exports; export 12.1% increasing 6%, imports increased by 20%. ”

The present better foreign trade situation, "said Li Jian is not optimistic". He noted that since China trade friction increases, the greater the current exchange rates, labor costs increase domestic, international market recession, China's enterprises in order to be more cautious. China in the next few months and the next year's export growth will decline, however, as long as the developed world economy is not the end of the "second", still has the certain scale of export demand, China still remains stable growth.