Emerging markets become foreign new engine

In the General foreign trade statistics of China, the first four months of this year, the total value of China's imports and exports over the same period last year increased 42.7%. Among them, China and the EU, the United States and Japan largest trading partner of bilateral trade in April increased 34.6% respectively, 25%, 37.5%. However, these three figures compared with 42.7% increase compared to the trade there is still a certain gap.

In contrast, the major emerging markets in China and trade in the first 4 months of high growth. Statistics show that the first four months, China and ASEAN over the same period last year increased 58.5%; and Russia trade 57.3 percent; and Brazil grew by 67.8%; and India trade increased 50.2%.

China and the emerging market trade that appears high growth? this growth can continue?

Increase punching high need objective understanding

Vice Dean of Economics of international trade, economics professor Dr. Yuan its just this reporter believes that China's trade with emerging markets high-speed growth occurs, on the one hand because of China and the original trade is not high, resulting in an increase of base is low; on the other hand is higher because of the China 4 trillion investment policy contributed to the construction of infrastructure and industrial production increased, resulting in increased demand for resource products, while emerging markets are resource products exporters, leading Chinese imports from these countries.

According to customs statistics, 2009 year, China and the ASEAN region of bilateral trade to $ 2130.1 trade with India as 433.8 billion, and Brazil's trade 424.0 billion trade with Russia to $ 388.0 million.

In 2009, China and the four most important emerging market trade amounted to $ 3375.9 million. But in 2009, only the EU and China bilateral trade to $ 3640.9 billion between also sent 265 million. This 265 billion was approximately equivalent to the 2009 China trade with Chile and Argentina.

Much less than in the base in Europe, the United States, Japan and other major trading partners, the trade volume between China and the emerging markets appear substantial growth can be said to be "reasonable". In addition, the effect of stimulating the economic measures, China this year for petroleum, natural gas, iron ore, and other resource requirements increase, while Brazil, Russia, Africa and other emerging markets are the resource-rich countries, their export products are resource products, which caused the Chinese imports from these areas has increased significantly.

In Brazil, for example, according to Chinese customs statistics, the first four months of this year, China's only from Brazil imported iron ore has reached 628 million tonnes.

High growth should be

Various factors of short-term stimulus effect always has subsided, the Chinese trade with emerging markets of the future will appear "rushed" high come down?, Yuan its just believe that China and emerging market trade in high-growth should be "progressive", which means that you can continue to maintain for a period of time. If you want to make this high growth remains much longer, China trade enterprises also need to make efforts.

Yuan its just explained that from the perspective of imports, the Chinese economy will maintain growth momentum, the demand for resource products will increase, so the import from emerging markets will continue to increase; on the other hand, China's trade with emerging markets, complements the structure exists on its exports to China.

Still in Brazil, for example, the International Monetary Fund Chief Kahn recently in Brazil media interviews, and the euro area is a threat to the debt crisis of the global economy, on the contrary, Brazil's economy this year is expected to achieve growth of 7%. And this will lead to increased imports, which means that Chinese exports to Brazil still has space.

This has been confirmed by Brazil's economic data. As far as Brazil's foreign trade secretariat this month 1, recent statistics, 1 ~ 5, Brazil from Chinese imports 87.59 billion, an increase of 52.7%. China is Brazil's largest trading partner, the largest export destination and second largest source of imports.

Yuan its just also noted that along with emerging market economies, the imported product structure would change. China foreign trade enterprises should continue to enrich the export products to emerging markets, improve export product quality and grades, and to obtain more profits, thus maintaining trade with emerging markets has steadily increased.