Monday, February 14, 2011

Foreign trade as a whole to better structure adjustments still need to speed up the

According to the latest statistics, customs from January to April, China's imports and exports worth 8559.9 billion, an increase of 42.7 per cent. Exports 4360.5 billion, an increase of 29.2%; import 4199.4 billion, an increase of 60.1 per cent.

Press spokesman for the Ministry of Commerce said Yao Jian, 1 to 4-month foreign trade has the following characteristics are a cause for concern.

A significant decline in the surplus scale. From January to April, import growth higher than the export growth rate 30.9 percentage points. Since 2009, the single import growth rate has been higher than 12 consecutive months of export growth. Flush pull quantity price rises, imported quickly rebounded significantly reduced scale, the surplus in October 2009, continuous decline in 7-month surplus, 1 to April trade surplus 161.1 billion, down 78.6 per cent. Of these, processing trade and foreign investment enterprise is the major source of surplus. Processing trade surplus 845.7 billion in foreign investment enterprises achieve surpluses 215.6 million, namely the overall trade surplus scale 5.2 times and 1.3 times and general trade deficit exists 393 billion. This explains the formation of China's trade surplus with the globalization of international division of labour relations.

The second is to export growth in emerging markets than traditional market growth rate. Such as ASEAN, Russia, India, Australia and other emerging markets increased 45.6 per cent respectively, 44.9, 36.8, 32.6 per cent.

Yao Jian said, 1 to 4, a significant decline in the trade surplus is mainly twofold: first, import prices, particularly primary product prices; second domestic market demand, the domestic consumer demand for overseas products. Yao Jian told reporters, China's foreign trade in the January-April, the accumulated surplus of $ 161 billion, projected annual trade surplus in 2008, $ 2900, 2009 $ 190 billion, based on a substantial drop in China's international balance of payments situation will be improved, thus contributing to the implementation of macro-economic policies to create better conditions.

Insufficient foreign demand continues to highlight the

Department of Commerce recently published the report on the situation of foreign trade in China, while the world economy continued to recover, but recovery Foundation is not solid, China's foreign trade in foreign demand shortfalls still outstanding.

On the one hand, the warmer the international market demand, but not enough power. Statistics show that China's first four months on the European Union, United States, Japan exported 30.4 percent respectively, 19.6, 19.5%, exports to the United States, Japan is lower than the growth rate of the overall export growth rate of nearly 10 percentage points. This reflects as China's main export markets of the developed economies, economic recovery is relatively slow, will directly restricting exports rebound. On the other hand, trade protectionism exacerbated the negative impact.

In addition, the overall business environment improvement, cost increases, the pressure to increase. Our enterprise on the trade environment generally cautious. From long ago concluded 107 fair, while recovery of growth in turnover is, but still below the international financial crisis levels. Buyers on the market trend is still doubt, orders, enterprises worry about Exchange rate changes, factors such as rising costs, not afraid to take a long, single, single. According to the survey, within 3 months of short single account transaction 53 per cent of the total. Some analysts believe that this year export will render the "descending" trend. In this case, continue to maintain the policy of continuity and stability as the universal appeal of foreign trade enterprises.

Changes in the way of development is critical

Commerce Department official said, overall, China's foreign trade and development environment to continue to get better, but at the same time, it should also be noted that this year the foreign trade appears more substantial rebound, with the same period last year a lower base. As a world economic recovery process still twists and turns, a variety of positive change and the adverse factors exist, the development of foreign trade in China still faces many uncertainties. Use current, helped by a favorable opportunity, optimization, promotion of foreign trade and export structure transformation and upgrading and development of the mode transition is imperative.

How to adjust and optimize the structure of the import, export quality development? Zhongshan, Vice Minister of Commerce recently in national export credit insurance for work meetings, to speed up changes in development, greater focus on the specific expansion to quality enhancement, from the international division of low-end to high-end changes, from the acceptance of the established rules to more actively participate in the formulation of rule changes; further optimization of the main structure and product structure, market structure and trade structure; adhere to the export and import, goods trade and trade in services, foreign trade and foreign investment and foreign trade, foreign and domestic trade, various forms of ownership, the Eastern and Western. To maintain the foreign trade policy basically stable, for continuous and stable development of foreign trade, and create a more relaxed and facilitate policy environment. In addition, the foreign trade with better co-ordinated promotion funds to "open up the market, structure, and balance" as the main line, in order to promote the development of foreign trade focused on ways to further optimize the use of funds.

No comments:

Post a Comment