"Lipstick effect" to highlight the economic boom is not optimistic about the

Statistics show that 1 month ~ 5, labor-intensive traditional commodity export growth has accelerated. To this end, the Department of Commerce's Institute of international market research director Zhao sensitivity that economic recovery process, the global consumer goods market demand growth released positive signal, but "Lipstick effect" more obvious.

Customs statistics, the first five months of this year, China's clothing exports compared to the same period last year, former 13.1% growth in 4 months 9.5%; textile export growth 29.7% before 4 months 26.1 percent; furniture export growth 26.6%, 4 months ago 21.2%. This shows that the three types of exports growth was gradually speed up. Whenever the economic recession, the people's consumption will turn to buy cheap commodity, overseas will this consumer phenomenon known as "Lipstick" effect.

Zhao sensitivity to the reporter: "clothing, textiles and furniture are everyday consumer products, such a large number of exported commodities at the low end, on the one hand that the global economy bottoming, on the one hand, reflects the social demand level is still low, and the rebound and unstable, and should not be too optimistic. ”

Zhao sensitivity analysis is of the view that the current European sovereign debt crisis in the clouds, the global economy at the end of the second exploration possibility still under discussion. Necessities demand growth from spending too tight, it is not a fixed asset investment or financial capital investment, its demand is also very difficult to pull the new economic growth.

From the status quo, the once wealthy Europeans to commodity price sensitive, some luxury items, housing and other high-end consumption has been reduced significantly, in abandoned Italy, France and other brand-name products, China cheap goods but in this crisis is favored.

Zhao Min pointed out that this need may promote exports from developing countries, but to Europe and the United States economy powerful country out of crisis and no symbolic significance. If the European economy is still unable to resolve resource, the ageing of the population, if the European economy is still a lack of innovation dynamics, "Lipstick effect" might still be renewed.