Wednesday, January 5, 2011

1-8, China import and export of major trading partners to double-digit growth

From 1 August, 1 General was informed to August this year, the country's imports and exports worth $ 11046.1 billion, a growth 23.9%, compared with last year ahead one month break trillion mark. Chinese Academy of Social Sciences Division international trade songhong stated: "the rapid growth of imports, the Chinese in a trade power road and a big step forward. ”

The report shows that the January to August, Chinese imports continue to maintain a 20 per cent of rapid growth. The first 8 months, foreign trade and exports 5996.3 billion, an increase of 25.9%; import 5049.8 billion, an increase of 21.6%.

According to statistics, in January-August, China import and export of major trading partners are double-digit growth. And Europe, the United States, Japan and ASEAN ago largest trading partners, bilateral trade totaling $ are.

The EU continues to be our largest trading partner, the former August total EU bilateral trade 1689.6 billion, an increase of 22.5%. United States is the second largest trading partner, with bilateral trade amounted to $ 1665.9 billion, an increase of 24.7%. Japan is the third largest trading partners, bilateral trade was worth 1313.3 billion, an increase of 11.8%. Total bilateral trade with ASEAN 1009.3 billion, an increase of 22.6%.

In August the value of imports and exports to a record high. Monthly export for the first time on stage, 900 billion to $ 907.7 million, an increase of 32.8%. Monthly import first crossed the 7 million mark, 719.7 million 24.6 percent. August's trade surplus up to 188 million, or refresh the trade surplus monthly high.

Songhong analysis, "the rapid growth of foreign trade and export, while benefiting from the reform and opening up, on the one hand, and closely related to the accession of China to the world. The WTO, international new industrial transfer to China brought a large number of foreign capital, China has become internationally recognized production base. Because the products are primarily oriented towards foreign markets, and therefore appear and export both growth situation. ”

However, foreign powers does not mean that foreign powers. Songhong said: "our country with low labor costs and a strong supporting capacity, quickly becoming the international industry production base, but also the competitiveness of enterprises is not strong, the brand also not much right to speak would be limited accordingly. ”

China National offshore oil Corporation, Fu chengyu on 10 September in the Asia-Europe Business Forum, said that China's rapid economic growth in the world economy has made exceptional contributions to the development, but China is therefore facing a new threat of protectionism. Nearly 11 years, China trade friction and reduce export 400 billion to $ 50 billion annual loss of 300 000 jobs.

To this end, the view was that songhong trade friction is a national high-speed expansion of external trade will inevitably be one of the problems encountered, enterprises must face up to this reality. Today's enterprise needs is the key to enhance the core competitiveness as soon as possible, while at the same time from a long-term point of view, better coordination of national strategic positioning between enterprises, avoid the vicious competition. Industry associations and Government in this process should play an important role.

No comments:

Post a Comment