Export enterprises on the European business in resuscitation confined

Only half a year, the Renminbi exchange rate against the euro fell two consecutive integers, has now entered the era of "8". Accelerated depreciation of the euro has caused market loss on export-oriented companies order, exchange losses, issues of concern. Last year suffered euro exchange rate fluctuation loss of Seagull bathroom told reporters that at present the company exports to Europe last year, the financial crisis in their volume has increased significantly, and accompanied by the recovery of the euro area economy has grown steadily, as a result, companies do not feel the impact of the devaluation of the euro.

Foshan lighting, Guangzhou ggec and Qingdao gold King and other companies have told the press gives a similar answer. Qingdao kingking even told reporters that the expected growth in the first half performance 100% above the main factor is the export orders over a larger growth.

The above companies and business people, not yet spread to Europe loan crisis because of China's exports mainly includes three aspects: first, the export quota in the first half of last year a lower current business growth including premium inventory and demand recovery; second, exports to the EU's obvious advantages in commodity prices, the depreciation of the euro; its limited impact, the risk of exchange rate fluctuations have prevented, when entering into a single General additional 3% of exchange rate fluctuations.

Although business growth ironing the European bonds, but if the exporters with the euro collection, then face devaluation risk. In the interview process, Guangzhou company admits to reporters: "Although the steady increase in the volume of business in, but because the company has a section's receivable is a quarterly euro, so the continued depreciation of the euro on the company resulted in a loss. ”

This year, the depreciation of the euro against the RMB accumulated more than 14%, even according to the 3 month period of about 3% of the exchange rate against the euro, the recent depreciation of the value it has made it shrinks dramatically. In other words, if a company holds 1 billion euro at the beginning of the receivable, its current loss of approximately 10 million.

Of course, domestic enterprises exports to the EU of orders to dollar. Guangzhou ggec says: "the company's export mainly to dollar, not euro. "Lutai A, Qingdao kingking equally so, exports mainly to the US dollar, euro, euro, foreign debt is also less, thus the depreciation of the euro on the performance of tiny.

Although it is not just euro crisis affects China's exports, but China's merchandise exports to Europe's advantage is facing challenges. A security researcher, told reporters that the number of exporting enterprises worry about policy changes, plus the cost increases, the pressure of increased trade protection, unilateral prudent, even can't add long single, big list within 3 months of short single than ever before.

Known as the "foreign trade wind vane" and "barometer" of Canton fair ended recently in Guangzhou, in the Canton fair, domestic enterprises and EU procurement, order a decline compared with the autumn fair, 15.2% slight change or even be part of the industry as euro crisis Chinese exports of signals.

In fact, the continuous devaluation of the euro has raised the awareness of companies, a public company in the interview, they acknowledged that, since the devaluation of the euro continued to European customers of procurement costs rose sharply, many purchasing are hoping to lower price, therefore, the second half of the price plus 3-5% of exchange rate changes.

A quarter of the fiscal revenue growth rate of Hainan Province in the country in first place

Articles and Web sites today introduced the first quarter of the fiscal revenues by region. During the first quarter, Eastern, Central, West and Northeast are achieving revenue 5669.5, 1487.4, 1761.0 and 781.0 billion yuan, an increase of 30.4% respectively, 27.6%, 32.2 33.5 percent. Compared to the same period last year, the Eastern, Central, West and Northeast are accelerating 30.9, 21.1, 23.3 and 23.1 percentage points.

Hainan Provincial revenues up 88.0 percent over the same period last year to accelerate 83.9 percentage, two are ranked the first place. Chong Qing fiscal revenue up 55.1 percent, the second highest in the country, over the same period last year to accelerate 64.0 percentage, fiscal revenues ranking from national 23-bit up to 18 digits. Beijing and Shanghai respectively 47.8 and 38.0 percentage, ranked third and fourth place.

Eastern region revenue 5669.5 billion yuan, an increase of 30.4% over the same period last year to accelerate 30.9 percentage increase in the first four areas; and the first quarter of 2008, growth is faster than 0.6 percentage.

A quarter of revenue growth faster, in addition to the same period last year a lower impact base, mainly due to the economy continued to rebound to good driving revenue grows.

Data card enterprises actively dealing with the EU anti-dumping

Yesterday, reporters from China Chamber of Commerce for import and export of electromechanical products, for the European Union on China data card launch anti-dumping and safeguard measures survey, nearly 20 associated enterprises involved in the Chamber of commerce organizations litigation, including Huawei, ZTE's leading enterprises.

China's exporters ' Association in charge of the legal service centre, Emily, said last week saw the announcement of the European Union, the Association began to prepare materials, and responding to domestic around 6 provinces hundreds enterprise issued by fax, as time constraints, many enterprises have not been able to come to the litigation.

In response to the meeting, the Chamber of the enterprise about the circumstances of the case, and to explain the specific enterprises involved in the defence litigation program. Huawei, ZTE, etc Enterprise Conference made it clear to active litigation. ZTE said, will pay close attention to the developments, combined with EU relevant investigate, and from the legal and market aspects of actively prepare initiatives. In addition, the survey does company data card business and significant impact on European business.

This survey by Belgium wireless network equipment manufacturer Option companies, it is only in the territory of the EU manufacturing similar products in the enterprise, the company will be the price of Chinese products and their product price comparison, the margin of dumping of Chinese products is 150%.

In accordance with the European Commission's relevant processes, from 30 June onwards, the related Chinese enterprises need within 15 days to submit a preliminary report, including company name, product, as well as business management, and other details. From June 30, calculations 37 days, Chinese enterprises also need to submit more detailed information, including subsidiaries or affiliates and each batch of exports of instruments, etc. Due to time constraints, the Chinese enterprises compelling services fully responsive.

Viet Nam promote Chinese exports and strive to reduce the trade deficit

According to Viet Nam news, the first five months of this year, Viet Nam on China's export 23.2 billion, an increase of 43.7%; China imported $ 73.73 billion, up 32%; trade deficit 50.53 billion, is Viet Nam on Chinese exports of 2 times, China is Viet Nam's biggest trade deficit countries. To reduce the trade deficit with China, Viet Nam to promote enterprises take full advantage of the ASEAN-China free trade agreement, there are 7000 2009 commodities tariff rates of 0-5% discount and enjoy preferential tariffs of ACFTA agreements E-certificate to increase exports to China. Moreover, the commitments under the free trade agreement, 2013 more preferential tariff, to Viet Nam Enterprise China market to create favorable conditions.

Europe on the Chinese attitude to swerve

United Kingdom in the financial times recently reported, 6 July Spain sell 10-year government bonds, the management of China's huge reserves of foreign exchange, immediately call the 4 billion euro bonds; when market demand for Spain public debt increased to EUR 145 billion, China's State administration of foreign exchange and in a few hours after the order on purchase of about 10 million euros of public debt. The financial times that the Asian investment, particularly foreign currency reserves increased to nearly 2.5 trillion China return to experiencing euro European financial crisis hits the market, is on the euro area economy voted "confidence" is bound to enhance international financial community's confidence in the euro area, on the European significance of the great emerging from crisis.

This long ago, Europe also once spread a saying: including China, the Asian countries are likely to sell their own European government bonds and other assets in Europe. At that time it was France's foreign trade Bank Research Department in charge of Patrick · Arthus estimation, Asian countries the Bank possession of European assets of about 11 million euros; if they sell these European assets, of the euro against the US dollar exchange rate have plunged from $ 1.23 to $ 0.60. A little common sense is not difficult to imagine that if the euro exchange rate is so large, would be sufficient to destroy the economy of many European countries. Now, China's high-profile subscription bonds, these rumors Spain itself. Moreover, according to the international market "what to buy, what the price," "law" and other foreign investors not only won't sell in the hands of European assets, even to buy with the wind.

There are signs that China's massive subscription bonds, are Spain recently China increase Europe investment one of a series of actions. Last month, Chinese Vice Premier Zhang dejiang visits Greece, both sides signed 14 cooperation agreement include tourism, maritime transport, telecommunications and Greece the areas olive oil exports; most notably, China Ocean shipping companies group in Greece the first port of Piraeus for container terminals up to 43 billion euro investment. With this investment project, the COSCO Group in one fell swoop into Greece's largest foreign investor in the world. From here, the COSCO Group President jiafu access Athens by the courtesy of a "State": the President, Prime Minister of Greece and four ministerial officials met with the Chinese entrepreneurs. Greece media surprised to say that even visiting foreign element is hard to enjoy such a glorious capital city. "Wei (yijiafu) Captain" in a moment became a household name in Greece. According to another report, the Government of Ireland and China are also in close contact with the parties concerned, in the hope that the Chinese enterprises to invest in a central part of the country's 240 hectare industrial park. According to the Dublin Government estimates that investment will come from China to Ireland to create 1 million new jobs.

In recent months, in how to deal with Chinese investment, attitudes of Europe changed 180 degrees to swerve. However, some European media, officials, and academics from the "cold war", resolved that prevent China take euro crisis machine cheap acquisition of European assets. Early this year, when Greece sovereign debt crisis just outcrops, Europe had there is talk of "China willing to Fund help Greece relief"; because of this, some European scaremongering to spectators who loudly clamored for China aid "risk". According to the Washington Post, United States, it is in the pressure of public opinion, not only the Government of Greece was the "inconvenience" to engage with China, even aid France Government "safeguarding of national security interests" as an excuse to stop China's acquisition of a France enterprises.

However, the European opinion shortly after it has undergone significant changes. One of the major newspapers in France-Le Monde says, "China and Asia in euros in the storm has a pivotal role in" ... "(with large foreign exchange reserves) in China for a country are key investors." France's most important economic newspaper — the echo on June 17, disclosure, in China and Greece signed 14 cooperation agreement for the next day, France Ministry held a seminar on China-EU relations. For some participants the censure China on EU investment, France Ministry of Economic Affairs is responsible for the General Secretary of the Treasury Assistant Benoit · Cray said that while in the Central European and many difficulties in the relationship, but "the key to economic recovery in the hands of the Chinese Government," he "willing to the positive side of things." He also stressed that the financial side, China has become a "stability of security". France's economic, financial and employment Minister Christine Lagarde · also on the development of a positive attitude and trade relations. She said that although the French economic and trade relations in the protection of intellectual property and public market access issues, "but we would like to see China's enterprises to France in factories, and France's enterprise is to set up factories in China investment." According to United States Newsweek reported that United Kingdom Royal Institute of International Affairs of China experts poignet SA · Rossi on China's investment in Europe, said: "this is a good deal, on both sides are of great interest. (Because of) Europe needs money, and China needs (investment) market. ”

However, in the face of Europe welcome Chinese investment in new trends, we have to keep a clear head. Foreign investment is risky business. The investor should not only on the national and regional political, economic, social and cultural aspects of understanding and have legal, financial, technological and commercial operations, and other professionals, and this is precisely the "international investment field is deep" ingenuous China's "soft ribs". At the same time, the Chinese entrepreneurs and workers in the West of normal commercial activities also will face a variety of special issues and risks. For example, some European countries on the Chinese citizen's entry, stay, work, and the acquisition of fixed assets and other needs of a variety of unreasonable restrictions.

In addition, although currently trapped in crisis of Europe urgently needs to come from China's investment waives, but this just might be temporarily hide or mitigates the EU economic and trade relations of many disputes and friction. With the EU economic and trade relations in depth, especially in China on the expansion of the scale of EU investment in the EU economic and trade relations of complementarity that bilateral trade friction will increase and deepen the rendered. We lightly.

Foreign claims China's economic aggregate exceed Japan symbolizes the global power shift

Our beyond Japan to become the world's second largest economy, Europe and authoritative media believes that this incident landmark, symbol of the global power shift of focus.

United Kingdom according to the times, the Chinese economy is the total of 90 times in 1978, this growth of at least 3 million people out of poverty in developing countries and the second largest economy of this dual identity, China must seriously consider what in the world.

United Kingdom in the financial times pointed out that China jumped to second place is important because it represents a global economic and political power transfer. On the Chinese Government, the ranking has risen more survey and expectations, as the largest exporter and the second largest economy, next year will also become the largest energy consuming countries, China is no longer able to evade responsibility.

France Figaro pointed out that the long-awaited thing becomes a reality, and this trend is not over, because no matter how the external situation, China's growth expected at 8% to 11%, any other economies cannot be equalled.

United States Los Angeles Times praised this landmark event, China's demand for energy and raw materials on world supply and demand relations have a significant impact on China's international influence reached unprecedented heights.

Germany the Sueddeutsche Zeitung "was of the view that Japan's economy greatly dependent on Europe and the United States and some Asian countries ' exports, United States demand reduction to Japan to combat heavy, strong yen has also making Japan exports prices vary in lead Japan make the second economic power of the throne.

Related reading: the United Nations and Russia experts say should be rational look at Chinese total economic output of the second world

India on iron ore export restrictions in China into trend

India business some people think that because future India national demand for iron ore is an increasing trend, India and strengthen the protection of natural resources such as iron ore, iron ore exports to India on the future of restrictions is an inevitable trend.

India industry Federation, Vice President, Tata Steel Vice Chairman in the fiscal new B.Muthuraman reporter said, India current steel production of about 60 million tons, but the next few years are likely to rise to 2 million, 3 million tonnes, or 5 million tons, India itself is not capable of supporting such a huge steel output of iron ore production.

India is one of China's iron ore imports important source countries, accounting for the total amount of imported iron ore of 10%. But since last year, India has gradually increased the restrictions on exports of iron ore.

December 2009, India has iron ore export tariffs from block 5% up to 10%, and iron ore powder ore export tariffs from zero up to 5%. 29 April this year, India has once again announced adjustment of iron ore, cotton and other commodities of export tariffs, including iron ore block ore export tariffs from 10% to 15%, powder ore is not adjusted.

Muthuraman stressed that the iron ore belongs to natural resources, stocks very difficult to have a great growth, India's iron ore exports take a very cautious attitude is very correct, as China is also limited natural resources such as iron ore, coal exports. The natural resources are limited, so countries protect the natural resources of the attitude is very wise. "Muthuraman said.

India industry Federation Director ChandrajitBanerjee says that India now emphasizes increasing the added value of exports of raw materials, thereby increasing the benefits of raw materials for export. "On the one hand, we urgently need to address is how to increase the added value of iron ore products, on the other hand, India exported to China's iron ore do not suddenly stop, the steel industry from India iron ore demand there will be a gradual process of climbing. The new press Banerjee on wealth.

Banerjee is of the view that in the short term, India's steel industry demand for iron ore will not pose a threat to China's exports, but in the long term, the future India iron ore Association priority for their buyers.

United States zhongcai on China steel pipe levy high tariffs against the "double"

--Washington, 13 September: United States Department of Commerce make 13, decided to finalize the production of seamless steel pipe levy 13.66 China to 53.65% of countervailing duties and 48.99% to 98.74% anti-dumping duties.

In February this year, the United States Department of Commerce preliminary on China steel pipe levy 11.06% to 12.97% of countervailing duties, April preliminary on China steel pipe levy 32.39% to 98.37% anti-dumping duties; two contrast, United States Department of Commerce zhongcai of "double-reverse" tariffs are higher than in the preliminary determination of tariffs.

Seamless steel is mainly used for tap water, petrochemical, petroleum products and natural gas industry pipeline system. In 2009, United States of seamless steel pipe from China a total value of about 1.82 billion.

According to the United States trade relief case handler, United States Department of Commerce 13 make zhongcai, United States International Trade Commission also to make final determinations after the United States Department of Commerce, to publish for seamless steel tubes from China and the anti-dumping and countervailing measures.

August 31, United States Department of Commerce has refused to China aluminum profile and coated paper expands the RMB exchange rate constitutes unfair subsidy investigations, but preliminary on China aluminum levy 6.18% to 137.65% of countervailing duties.

In addition, the United States Department of Commerce announced measures aimed at strengthening trade relief of 14 proposals involving anti-dumping, countervailing, trade remedies, the core include withdrawn single foreign export enterprises in a particular case of anti-dumping or countervailing duty exemption, etc.

For the US published 14 recommendations, China Ministry of Commerce represents one of a number of recommendations directed at non-market economy countries, China expresses grave concern over this; for the United States frequently initiated trade relief measures, interventions, China has repeatedly demanded that the United States adhere to the consensus reached by the parties, the opposition to trade protectionism, a common response to the financial crisis.

Global market recovery slow China's how to cross the "Khan" butt domestic demand

108 105th recently came to an end. In more than 20 days during the fair, many have been financial crisis tripped a staggered start of foreign trade enterprises or step up the pace of domestic market, trying to say goodbye to the last step of the "hopping" mode, turn to a more secure and foreign trade with two legs.

At the same time, gradually clear "12 five" planning also began to expand domestic demand as the adjustment of economic structures of important tasks. Try domestic foreign trade enterprises can take the "go back" and how to become a focus of attention.

Enterprise acceleration simultaneously handling pressure inside and outside the

This trade fair exhibitors General says that a deal to keep restorative growth, but the market prospect is still uncertain. In particular raw materials prices, the Renminbi exchange rate fluctuations, such factors as the trade protection increases, the interleaving on our foreign trade enterprises exported a significant impact, many enterprises receipt carefully, short single accounted for more than half, export the pressure increase.

"Which, from the Canton fair contract phase toys and other products, the international market is slowly recovering, it is still uncertain. Although the turnover increased, but after deducting costs push prices and the appreciation of the renminbi and other factors, has not been restored to pre-crisis levels. "Trade fair, the press spokesman Jianjun Liu said.

Canton fair, Department of Commerce Minister Chen Deming said: "I believe after several years, particularly in the ' twelve five ' period, China's foreign trade structure will change and improvement, and foreign trade market will be integrated. The future of China's domestic markets will significantly exceed Japan to become the world's second largest domestic market. "The Commerce Department will also continue to help foreign trade enterprises gradually entered the domestic market.

And many of the exhibitors have also been a sharp smell of domestic business opportunities in booth hangs a "welcome home buyers negotiate business" brand, and attract domestic customers to discuss the purchases. Hebei Chengde huafu glassware co., Ltd. General Manager Mr. zhenguo said: "the huge domestic market space, we also increased on the domestic market, we have a goal is to use 3-5 years, foreign trade and domestic 2255. ”

"Go back" needs across obstacles

In fact, the experience of the 2008 financial crisis, many foreign trade companies found in the foreign trade gold, one leg to jump quickly, but a poor road conditions in external demand, the company is going to fall, and only in foreign trade with two legs is the most secure.

"In fact, the domestic road also suffered losses, from the ' hopping ' to go ' legs ' transformation process is not easy. "Shandong mountains and glass products co., Ltd. Chairman Shang jinsong said. It is reported, the company became operational from 2008, the domestic market, at present the enterprise has in the country has some 100 "HOS element" counter, the proportion of total sales from the 5 per cent in 2009 increased to 10 per cent this year, the future will be further expanded.

"First of all, foreign trade enterprises cannot continue in foreign trade, thinking of the domestic market. "Yet sturdy pine tree said, foreign trade enterprises of thinking too simple, business model more similar to the" factory ", just put the product on time and mass produced, but the domestic market is more complex, more of a" market ", requires businesses to consider brand, marketing, design, and a series of questions, and many foreign trade products may not be suitable for the domestic market.

Second, foreign trade enterprises are not familiar with the domestic trade rules and the "hidden rules". Industry noted that domestic trade especially taken directly into a large retail enterprises of trade, its transaction system is generally required to pay "approach the manufacturers charge" and other channel costs account period is relatively long, non-food commodities to implement return system; whereas exports followed is the international trading system, including inspection, letters of credit and insurance, etc. Foreign trade enterprises generally unacceptable domestic this payment account period, receiving hard trading system.

"In particular, various shops and department stores, such as the venue fees, advertising, and so many foreign trade companies a daunting task, so enterprises had to have their eyes focused on the export market. "Shandong Weihai Teddy toys co., Ltd. General Manager week industry light said.

Acces to pushing integration

At present, some attempt to break through the domestic foreign trade enterprises gradually open the difficulties in the market, some enterprises in the domestic market failures. But exhibitors generally expressed, and foreign trade with two legs is hard, but it must go on, because the Chinese market space is unlimited, but inside the country can firmly grasp the development initiative.

"This requires foreign trade enterprises to actively change the thinking and actively create their own domestic brands, developing marketing channels. "In the domestic market of Shandong bureaucracyThrough Yinfeng co., Ltd. General Manager Jin Shao-like, but also pay attention to the development of enterprises, intensify innovation efforts, as long as introduced in domestic and international markets has the core competitiveness of products in order to be based on the foreign market.

At the same time, some people suggested that Government to foreign trade to co-ordinate domestic and international two overall, further specification of the domestic market, intellectual property protection, reducing counterfeit goods on brand innovation products, put away adversely affecting foreign trade enterprises to enter the domestic market sales. And actively introduce international distribution and agent way, category management, and business and technology, open the "swing" channels, to promote within foreign trade integration.

In addition, foreign trade experts also indicated that the expansion of domestic demand, encourage enterprise on two legs, not compressed external demand, but rather in the stability and development of foreign demand, focusing on strengthening domestic demand in particular consumer demand for sustainable economic growth stimulating role. So you want to encourage enterprises to export, BUPA international market share and to maintain and consolidate the position of our trading country.

-Russian currency still will not enter the energy field

November 24, Chinese Premier Wen Jiabao over access to Russia. During this visit, he met with Russia's President Medvedev and Prime Minister Vladimir Putin, and held its fifteenth-Russian Prime Minister to hold regular meetings. After the meeting, and Russia signed a total of 12 documents on cooperation, involving economic, trade, energy, aviation, intellectual property, railway transport, etc. In addition to the cooperation agreement, Premier Wen Jiabao and Putin also jointly announced in bilateral trade in local currency will be used for settlement. In the era after the financial crisis, in the "trade war" and "currency war" under the shadow of the modes of cooperation between China and Russia will produce what kind of demonstration effect? default currency renminbi and rubles will be settled on how to develop bilateral exchange mechanism? further expansion will speed up the process of internationalization of RMB? in this connection, the Huaxia times reporters interviewed Russia Academy of far East Institute Deputy Director Vladimir Nabokov · Borgo, the expectations from the old-Russian specialists find answers in the answer.

-Russian cooperation from

"Discussion" to "work"

The Huaxia times: you just concluded the XV-Russian Premiers results? for-Russia cooperation structure upgrade issues you is how to treat?

Polga Cove: since 1996, and Russian Prime Minister has held 15 meetings, Premiers-Russian cooperation has become a top of the pyramid. Through high-level meetings to exchange views on the issue of China and Russia have already become a tradition of both parties. The Sino-Russian Premiers are further deepening of this tradition. This area of cooperation between China and Russia extended to a broader scope of political and strategic cooperation, economic cooperation, cooperation in the humanities have been involved in three main areas. -Russian strategic partnership is to the full cooperation and comprehensive development level. The meeting, not only for the future framework of cooperation between China and Russia, and is set to previously signed in the framework of cooperation between China and Russia have also added the "flesh and blood". Russia's oil is transported to China, and China to Russia energy loans also continuously inject Russia energy enterprises. China Russia energy needs from simple import is being upgraded to the territory to invest in Russia, reprocessing and increase value-added more levels of cooperation. Sino-Russian cooperation is from a previous discussion turned to the work phase.

Response to "currency war"-example

The Huaxia times: during the Sino-Russian Premiers, there is a more compelling highlights, is launched in China and Russia bilateral trade settlement in the settlement currency, how do you think of this shift?

Polga Cove: start the local currency settlement is a Sino-Russian economic and trade cooperation framework to pragmatic from. As a first step, China's Central Bank has given the Renminbi exchange rate against rouble premium, December, Russia's Central Bank also will launch RMB to rubles of listed trading. Through bilateral currency settlement really can avoid some of the economic and trade settlement from third-party currency exchange loss, especially in the United States launched the QE2, US dollar long-term bearish, local currency settlement method for development in emerging economies reduce dollar loss offers a new way of thinking, start the local currency clearing and Russia has become the emerging economies coping "currency war" of a model. Trading partners of monetary cooperation in order to establish the new international monetary system provides useful attempt.

Local currency settlement mechanism of the process is too slow

The Huaxia times: in smooth start clearing facility, your default currency clearing and Russia on the future prospects of holding?

Polga Cove: in General, I am optimistic. Minimum default currency Clearing Facility to China and Russia-Russian trade and put up a new platform. On this platform, we have more choices. Platform for is critical, very basic work. After the platform structures, and Russia is also a need for more co-ordination mechanisms, such as a regulatory mechanism, the rebate mechanism. In addition, the continuous expansion of the Sino-Russian trade will also be the settlement mechanisms can proceed smoothly in the future. Currently, the two sides to take local currency settlement of interest are mainly concentrated in the border areas, and the enthusiasm of the purchase of ruble is far higher than the purchase of RMB. Affected by the above factors, the local currency facility and Russia will offset the slow process, but as the Sino-Russian economic and trade cooperation to strengthen that can resist the settlement risk bilateral currency clearing facility will have good prospects.

Local currency settlement soon

It is difficult to relate to the field of energy

The Huaxia times: as a Sino-Russian economic and trade in the share of the most important energy cooperation is likely to introduce local currency settlement mechanism?

Polga Cove: the present situation, in energy cooperation with the local currency settlement face greater difficulties. First, the dollar energy prices has become a customary pricing mechanism, it has its own formula, hedging principles have long been a familiar pattern in the market. These patterns and habits of change is very difficult to achieve in the short term; Secondly, the question comes from RMB itself. RMB is still is not freely convertible currency, such non-convertibility determines the currency cannot become Russia's foreign exchange reserves. If the RMB become-Russian energy currency, in Russia's domestic hard to digest so large amount of RMB; Finally, in the field of energy settlement currency using two of a kind, is the ruble or RMB? more extent depends on what kind of currency more liquid, more stability and clearing more convenient. Perhaps in future there will be a RMB and rubles in accordance with certain proportion appears in the energy situation in settlement mechanisms.

First solid regional currency

The Huaxia times: in your opinion, through the expansion of RMB and trading partner countries local currency settlement range, will speed up the process of internationalisation?

Polga Cove: expansion of renminbi and trading partner countries local currency settlement range really is renminbi internationalization. But not of RMB itself is currently restricts convertibility currency development constraints. Therefore the Renminbi internationalization continues to be a long-term process. Over the past few

Years, the RMB is not a global currency. But as China's economic growth, trade expansion, China has more than one trading partner countries signed the agreement on currency swap, these efforts will help regional currency, the Renminbi to become in the future must be developed into an international currency. But it should be noted that, in the currency of the internationalization process will lead to other currencies, it should be the current RMB focusing on solid regional currency.

China kilowatt nuclear power has the export conditions

China owns independent intellectual property rights of second generation improved-kilowatt-class nuclear CP1000 technology, recently passed expert review. "This means that China kilowatt nuclear power technologies have export conditions. "China's first commercial nuclear power qinshan nuclear power station chief designer, nuclear power engineering specialist Yip dishonest, academician said.

In the nuclear energy industry association of China at the review, 42 nuclear experts agreed that domestic production of the second generation of improved nuclear security, maturity, affordability, and certain nature, further enhanced the Chinese nuclear power independent level, to achieve with independent intellectual property rights of kilowatt-class nuclear export, open up the international nuclear power market to create the basic conditions.

Yip dishonest said, CP1000 technology in France M310 nuclear power technology on the basis of digestion and absorption, implemented by "177 core" and "single heap layout" and "double containment" three major improvement as the representative of the 22 major improvements, the main equipment used for up to 80% to 85%.

Core is the heart of the entire nuclear power station. CP1000 reactor is the "core", 177 M310 "157 core." "Although the figures on only 20, undertake the work of research and Design Institute of nuclear power in China with more than 10 years of time to complete the core design. "Yip dishonest said, this technology enables power generation power increased by 5% to 10%, thereby improving efficiency. It also reduces the core of power density, which improves the safety of nuclear power stations.

He said, "a single heap layout" refers to CP1000 nuclear power technology to a building a nuclear power plant, which makes CP1000 in site selection, power demand, investment costs and other conditions, more flexibility and adaptability. While the "dual containment" refers to CP1000 nuclear technology in general the safety of nuclear power plants, and then create a new shell layer of security, two security shell design with negative pressure between. Therefore, even with radiation to pass through the first layer of security, nor to the second level of containment.

In addition, adopt CP1000 18-months, fuelled shutdown time of 30 days. While M310 nuclear power technology for material for a period of 12 months, fuelled shutdown time need 50 to 60 days. The design life of CP1000 60 years, but the design life of M310 40 years.

"Either from the local electricity needs, or capital cost estimates, the needs of developing countries are already mature, safety and economy of the second generation of improved nuclear power plant, even in such developed countries Japan, also in the construction of the second generation of improved nuclear power station. Market need. "Yip dishonest said.

He said, the research and development work on CP1000 is China's independent scientific research strength, with independent research and development platform, which meant CP1000 nuclear power technology to existing Foundation continues to improve, we continue to meet the new requirements, thereby further improving its security, and economics. "Korea nuclear electricity export to a large extent depended on its economic advantages, construction costs far less than other nuclear power developed countries. We also have the same advantages CP1000, CP1000 has a strong international competitiveness. ”

Dialogue-US Commerce Secretary Locke: Sino-US trade differences and not more

Sino-US strategic and economic dialogue on the occasion of the closing, NetEase finance in the United States Department of Commerce in Beijing dialogue ministerial Locke (GaryLocke), in this dialogue, Locke on NetEase finance answers and illustrates the Sino-American economic between a series of problems.

Last year, the Sino-US trade friction upgrade, the Obama administration passed on China's tire, seamless steel and gift boxes, export levy high anti-dumping duties, which China has two economic areas of concern.

Locke on NetEase finance said that the United States Government's primary purpose is not initiated on a Chinese company or illegal subsidies of anti-dumping duty, whose role is to award the industry complaint to determine whether there has been a breach of trade rules. If the experts determine the violation of the United States, the United States Government will be in accordance with the norms of rules to enforce remedies.

Locke also stressed that the "State-to-State differences is not a novel. United States has now produced with their trading partners. This is to be expected. However, like any mature relationship, we have mechanisms to address these issues. ”

For those mechanisms that Locke pointed out that including S & ED, Sino-US Joint Commission on Commerce and trade (JCCT), the Group of 20 (G20), and within the framework of the WTO.

Locke in January 2009 as Minister of Commerce of the United States the Obama administration, he is he is United States history, the first Chinese Minister of Commerce. Previously, he founded in 1997-2005-Washington State Governor, is the United States history, the first Chinese-American Governor.

The following is true: dialogue

NetEase finance: How do you see the first round of the 2010 held in Beijing, China-us strategic and economic dialogue (S & ED)? what determines this meeting and previous different or more important?

Locke: S & ED makes us and China's top decision makers through frank and constructive exchanges to address u.s.-China bilateral relations in the most critical issues. This is why the United States President Barack Obama mission 16 United States Government Agency leaders and Wang Deputy Prime Minister, Member of China senior Dai bingguo to discuss.

We have a range of issues, but we understand the impact on our key issues of bilateral relations are not to be in a meeting. We will continue this work and to use all available tools, including S & ED, Sino-US Joint Commission on Commerce and trade (JCCT), the Group of 20 (G20), or, where necessary, take the WTO compatible trade remedies.

NetEase finance: you said you want to balance the United States and China trade deficit should be taken to strengthen United States exports to China, but not limited to the United States imports from China. From this perspective, how should the Chinese public to understand the Obama administration through initiatives such as tire special protection policies to improve China's merchandise exports of tariff initiatives?

Locke: China public should understand that the world's most open economic power in the United States are required to the United States company to create a level playing field and creating a level playing field means, ensuring that everyone has to act in accordance with the rules. If we achieve this goal, China and trade between the United States will become more balanced.

It is worth noting that the United States Government's primary purpose is not initiated on a Chinese company or illegal subsidies of anti-dumping duty. Its role is to award the industry complaint to determine whether there has been a breach of trade rules. If our experts identify irregularities, the United States Government has the duty according to accepted rules to enforce remedies. In Tyre, the Obama administration pushed China's WTO commitments during the due diligence obligations.

We are open to the Chinese market to help China into an economic powerhouse. United States ' return is requested, the Chinese enterprises to comply with the rules.

NetEase finance: last spring in Washington's 100 anniversary dinner, you made a keynote speech and said "Sino-US relationship is the most important bilateral relations". Today, you have to weigh the Sino-American relations are so important, even if the two countries last year appears in many other issues, such as differences in Copenhagen UN Climate Conference?

Locke: Sino-u.s. relations remains the world's most important bilateral relationship. Although we have differences, these differences did not determine our overall relationship. To trade, for example, disputes concerning all kinds of products have a lot of attention, but the fact is that a dispute is not meant to Chinese exports to the United States for 3%.

State-to-State differences is not a novel. United States has now produced with their trading partners. This is to be expected. However, like any mature relationship, we have mechanisms to address these issues.

Conflicts often caused in the news, but the US-China relations have been in a very short time exceeded a great distance. We should not be concentrated in our differences, and overlook our many cooperation agreement, and this cooperation brings to us two peoples ' interests.

As United States President Barack Obama during his visit to China last November, said: "our future relationship does the absence of differences and difficulties. But thanks to our cooperation, the United States and China have become more prosperity and security. When we in the equality and mutual respect established on the basis of our common interests, we see what is possible. ”

NetEase finance: how would you rate the current Chinese economy, especially for a lively discussion of China's real estate bubble?

Locke: speculation about the real estate bubble, refer to United States Treasury Secretary Geithner's comments. Generally the Chinese economy, there is no doubt that it is powerful. This means we need to be rebuilt between the two countries. United States less consumption more storage, the opposite of the situation in China. If this occurs, the Chinese economy will not be treated as dependent on exports, which will make it more powerful and more stable. This also will give consumers access to more United States companies and high-quality products and services, and weaken our two countries trade balance.

NetEase finance: How do you see your Chinese ancestry? you how to

Balancing Dual expectation: on the one hand, because the race will be United States persons suspected you too close to China; on the other hand, the Chinese people may think that you and we are close enough.

Locke: I do not believe that there are two kinds of expectations. United States President and people expect me to my national excellent work. I mean, I'll do my best to help the United States company in the country for more innovation, more competitive. This is why the President appointed me. I was the only hope of traits, which in the United States produces heritage and qualities that will in the broadest sense help Obama Government decision-making. I mean, with different backgrounds and perspectives of people together to create a wealth of experience, and this experience will facilitate the discussion and to expand the scope of the debate, when we as a country facing the toughest problems.

For know I background of Chinese, I hope they know that I have learned first-hand knowledge of China is how fast and how far-reaching and make progress. This might give me as a United States Government officials spoke to add some weight. My character has given me a better platform and audience, to discuss our concerns.

I was proud of Chinese descent, but I was an out-and-out United States. I hope that I was selected as the first Asian American United States Governors and Obama people on my appointments, give a signal to the Chinese people. Is in the United States a variety of backgrounds in life are likely to come to me. (Wu Nan)

Bangladesh shoes export tariff-China

1 July, the Bangladesh export China leather and footwear, 4721 kind of export commodities enjoying zero tariff treatment. A bit reluctant to anonymous people in the industry at national business news reporter said that Bangladesh has now started manufacturing internationally renowned first-line brand leather products, and a growing trend, but China is the Bangladesh export of East Asia's largest market, after zero tariff, will have the possibility to Chinese sportswear, footwear and leather goods production impact.

It is understood that the Bangladesh leather due to excellent quality, in the international market enjoyed a good reputation. Leather and its products per year for earning more than $ 200 million in Bangladesh, the Bangladesh Garment except textile, frozen food and jute and products other than the fourth-largest export commodity. The leather industry in Bangladesh's national economy also plays an important role.

Industry insiders said as adidas, Nike and other international well-known brand in Bangladesh has against the factory's procurement channels and Bangladesh human and other manufacturing costs is lower than China, many international first-line brand will purchase channels from China to Bangladesh, Bangladesh on China's export tariffs, the internationally renowned first-line brand is likely to increase the share of purchases in Bangladesh, making China the international first-class brand generation plants face challenges.

The Chinese Embassy in Bangladesh Embassy Counsellor provided, 2009 Bangladesh trade 45.82 billion, China's exports to the Bangladesh 44.41 billion, and imports of $ 1.41.

National business news reporter has learned that, owing to Bangladesh's leather products exported to Europe and the United States is low tariffs or tariffs, and Chinese export these countries to be levied 16.5% anti-dumping duty, the cost of Bangladesh is undoubtedly better than the Mainland of China, in the domestic xieqi have leather products to non-leather shoes, Bangladesh will undoubtedly gain enormous exit opportunities.

Industry insiders said that past Bangladesh leather industry in Europe and the buyers of the heart is also considered the symbol of low-price products, but in recent years, especially in a line of internationally renowned brands into Bangladesh, "the image of the low-price products" is slowly changing. "This will give China sportswear and shoes blow. ”

According to reports, the Bangladesh garment industry is the country's largest foreign exchange industry. Bangladesh 2008-2009 fiscal year (July 2008 to June 2009) garment exports 123 billion, accounting for the total export of 79%.

There are people in the industry, said that the China leather clothing and xieqi to avoid EU anti-dumping duties against loss of a practice is re-exported from Bangladesh.

To this end, Ockham shoes company officials in national business news reporter said that their company is and Bangladesh in leather of export business, "unless some specialized do export intermediaries might take this approach. ”

MU sui railway reconstruction works started in full acceleration-Russian trade development

8: 00 am, bin sui railway Mudanjiang-processing capacity expansion project at the Foundation laying ceremony in Mudanjiang station square. Heilongjiang provincial Governor Li zhanshu announced project. Deputy Minister Lu chun, Vice Governor Wang Bo respectively.

MU sui railway reconstruction works is 2009 signed with the Ministry of railways in Heilongjiang province on railway construction in Heilongjiang province on the issues identified in the minutes of the 38 one of the key projects. As improve the Heilongjiang province West in railway transport capacity of important projects, Mu sui railway reconstruction project construction scale 138.8 km, design speed 200km/h 108 million yuan of total investment is expected in December 2013. By the end of June, the MU sui railway completed investment 6.4 billion, is expected to be completed by the end of the year 37 billion investment.

Lu Chun mu housing representative of railways to appease the rail capacity expansion project. He said that the implementation of the MU sui railway reconstruction project is Heilongjiang province and of the implementation of the CPC Central Committee and State Council decision deployment, adhere to the scientific development concept was conceived to accelerate the railway construction, concrete actions for the benefit of people. For a long time, the Ministry of railways and close cooperation in Heilongjiang province, support each other, and a strong impetus to the accelerated development of Heilongjiang railway, according to the Department of the province of Heilongjiang railway construction of a series of agreements, the next few years Amur road network size and quality will achieve significant leap. Great customer segment, Hazem customer segment, Harbin West station, a large number of projects under construction positive progress, better customer segment, pre-project speeding, a strong, reasonable layout, advanced technology, features modern railway network was formed in accelerating the Heilongjiang province. MU sui railway network in Northeast China railway is an important component of Heilongjiang road to Russia the most convenient international railway corridor.

MU sui railway capacity, passenger and freight transport will be formed by large capacity mixing fast channel, can effectively alleviate Suifenhe port current transport stress, flow rear channels, increasing transport capacity and efficiency, for implementing the Northeast old industrial base, improve regional transportation infrastructure, to promote trade between the two countries, promoting local economic development along the railway.

Wang Bo said Mu sui railway as Suifenhe port only railway rear channel that bears the province more than 75% of the amount of the port set delivery. The capacity expansion of the railway will further open railway transportation network in Heilongjiang province, substantially increasing the Suifenhe port capacity, to accelerate the development of Sino-Russian trade and promoting economic cooperation in Northeast Asia provides convenient channel for making edge in Heilongjiang province economic opening band, pushing opening strategy, speeding up the Northeast old industrial base, promote regional economic development, has an important significance. In particular, Mudanjiang, Heilongjiang province, Suifenhe, local governments to fully create Mu sui railway reconstruction project of the excellent environment, take unconventional measures, timely coordination solution project construction problems; provincial authorities to coordinate cooperation, full support for the project construction to create favourable conditions to ensure the smooth progress of engineering construction, completed.

It is understood that the project is undertaken in Mudanjiang city land and dynamic relocation investment budget of about 12 billion, was the beginning of May this year. Currently, Mudanjiang section of nearly 900 people into temporary work area, concrete mixing plant, large mechanical equipment has gradually come to the scene, has had a comprehensive start conditions.

The Foundation laying ceremony, Harbin railway Bureau, Mudanjiang city, railway 22 for comrade.

Relevant departments of the Ministry of railways, the Executive Office of the provincial government leadership, the provincial Department of finance, the provincial Department of land resources, the Office of environmental protection, Department of water resources and Provincial Forestry Department, provincial and the provincial livestock husbandry, provincial forest Office, provincial investment Corporation, al-Mu ' designed company, China Development Bank branches, in Heilongjiang Mudanjiang four team and related units are mainly responsible for comrades participated in the Foundation laying ceremony.

China-ASEAN trade into high-growth period

The first half of this year, China and ASEAN bilateral trade volume reaches 1365 billion, an increase of 55%, exceeding the year China import and export increase of 11 percentage points. ASEAN has become China's fourth largest trading partner. However, with strong trade growth with, there are barriers to trade and trade in services, impede the relatively slow development of the free trade area in depth.

Experts said that in the global economy is difficult to enter the recovery period, the economic and trade cooperation between China and ASEAN strategic significance of the more prominent, service trade cooperation should be further accelerated. According to the first half of the momentum this year China and ASEAN will hit an all-time high this year, more than likely ASEAN Japan become China's third largest trading partner.

Results

Free trade area of the half-yearly bilateral trade volume increased by 55%

1 January this year, China-ASEAN free trade area. Since then, China on the ASEAN's average tariff to 0.1%, 93% of product tariff has been reduced to zero. China-ASEAN free trade area starts, China and ASEAN countries open their markets to each other, forming a 19 million consumers, 6 trillion GDP by economic region. On the morning of 26, the information Office on the economic and trade relations between China and ASEAN review, Conference, announced a free trade area for half a year "report card".

Gao Hucheng, Vice Minister of Commerce by conference call, the first half of this year, China and ASEAN bilateral trade volume reaches 1365 billion, an increase of 55%, exceeding the year China import and export increase of 11 percentage points. Among them, China's imports from ASEAN 719 billion, an increase of 64%. China on the ASEAN exports 646 billion, an increase of 45%. China imports from ASEAN, clearly higher than the growth of China exports to ASEAN. ASEAN has become China's fourth largest trading partner.

In investment cooperation from 2003 to 2009, ASEAN on China's actual year investment from 29.3 million increase to 46.8 billion. China on the ASEAN investment growth from 2.3 billion to $ 3 billion, an increase of more than 13 times. The first half of this year, ASEAN in China approximately 31 billion, China on the ASEAN non-financial investment of about 12 billion. As of the end of June this year, the cumulative total of mutual investment 694 billion, of which ASEAN investment in China about 598 billion cumulative, China on the ASEAN non-financial investments accumulated approximately 96 million.

"Only in 2009, the Chinese Government to import products from the ASEAN eliminates tariff 61 billion RMB. "Gao Hucheng said:" China-ASEAN free trade area of the building to both enterprises and people bring substantial benefits. "China on the ASEAN, the rapid growth of direct investment, the investment has already covered to the agricultural, manufacturing industry and services, etc. From a tourism perspective, the 10 ASEAN countries have become a citizen of China national tourism destinations. The first station to ASEAN Tourism from 2003 's 191 million increase to 2009 of 450 million people.

China-ASEAN Business Council, Executive Secretary-General Xu ningning side had forecast, according to the first half of the momentum this year China and ASEAN will hit an all-time high, ASEAN has likely become China's third largest trading partner.

Challenges

Free trade area in depth the challenges facing

However, with the China-ASEAN free trade area of the building into a "sham" impede the development of bilateral relations in the factors gradually surfaced, from how to circumvent the barriers to access to financial services trade area further development into a free trade area in depth development challenges cannot be circumvented.

In accordance with the agreement, China and ASEAN countries to achieve "zero tariff" commodities will be more than 7000 species. But many people worried that, in the China-ASEAN free trade area, information-sharing mechanism is not open, standard-setting is not uniform and other issues likely to affect trade barriers, "tariff" in the era of trade process.

Malaysia Asia strategy and leadership Institute CEO Mahathir is of the view that although the free trade area of the building means that enterprises can choose to trade or trade outside the territory, but also means that suppliers and dealers "closer" to the relationship, in the process, the information is very important. "Facing the new challenges of the market must have, in the China-ASEAN free trade area, individual economies need closer cooperation, for example in the resource-exporting countries and receiving countries need to do resource information of symmetry. ”

Technology and standards will also bring to trade a "bottleneck". The Chinese Ministry of foreign trade and economic cooperation Office of the Chairman Wei area indicated that the free trade area agreement, China and ASEAN countries, the largest trade and investment barriers, may not be a tariff barriers, but technology and standards. "The reality we see standards and technology to other countries on the accreditation, and other factors are affecting the trade. "Wei recommendations, each Party shall, through various forms of communication, developing bilateral technical standards and technical cooperation for the mutual recognition of obstacles.

From the "early harvest" of agricultural products [16.563.50%] trade, to the rapid development of trade in goods, until the current GATS performed step-difficult, a China-ASEAN free trade area in depth development must not circumvent the problem.

At the end of December 2008 a State Council Executive meeting held to decide, on the Yangtze River Delta region of Guangdong and Hong Kong and Macao, Guangxi and Yunnan and ASEAN trade in goods for RMB clearing pilot. Nevertheless, in all the research on China-ASEAN expert, Guangxi Normal University Social Sciences and Development Office Director Chen hsiung Chang, ASEAN countries on cross-border settlement RMB misgivings, it is hoped that the RMB to become ASEAN countries "regulator", at the same time, fear of the ASEAN countries to further rely on the expansion of the Renminbi, ASEAN Finance currency and the whole national economy was RMB "force", staged in the 1990s financial turmoil.

"China and ASEAN countries of regional development for the regionalization of the renminbi is essential. Since China did not

For many years has been the capital exporting countries, relying on the regional market, RMB will be the future capital of the only forms of output. "Professor of Renmin University of China School of Economics, wangjin bin in the acceptance of the said information daily interview.

Department of Commerce's Institute of international trade and economic cooperation in Asia Africa Research Department assistant researcher Yuan wave told the information daily reporter, from the service trade areas, China and ASEAN trade openness in small amounts, is not high, compared with trade in goods is still very low level. Currently, the service between China and ASEAN trade openness slightly higher than world trade between Member States, the future is still great potential for development. "China and the ASEAN region of service trade complementarity, in tourism, the movement of people are there common interests. Future services trade liberalization steps should also be accelerated. ”

The turning point

Development of the free trade area of the consolidation of the economic recovery situation

Gao Hucheng said that China-ASEAN free trade area of the building, marking the China-ASEAN economic and trade cooperation has entered a new stage of development, but the world economy of deep-seated conflicts remain unresolved, stabilises rebound positive sign is also confronted with a lot of uncertainty and instability. The foundation of the world economic upturn and unstable, also face many new challenges. The people's Republic of China-ASEAN free trade area of the building as an opportunity to consolidate further the current economic recovery in a good situation.

Gao Hucheng pointed out, first, the China-ASEAN free trade area, customs tax, market development, trade and investment facilitation role, expand the scale of regional trade. Second, the expansion of mutual investment, use of China-ASEAN investment cooperation fund and $ 15 billion for ASEAN, credit funds in infrastructure and Bulgarian as well as significant livelihood projects in the areas of cooperation. The third is vigorously promoting pan Beibu Gulf economic cooperation, cooperation in the greater Mekong subregion, ASEAN growth area in the East, and so on subregional cooperation. "In short, we will be the free trade area building as an opportunity to expand the areas of cooperation, to enrich the contents of cooperation, improving the level of cooperation to jointly promote regional economic cooperation and development. ”

"China-ASEAN trade plays an important role in the subprime mortgage crisis in the global economy entered the recovery period difficult highlights, this is the world's economic growth has changed. "Wangjin bin information daily to the reporter said, especially in the absence of significant technical innovation of the recovery period, Europe's economic growth rate significantly below emerging economies, and the ASEAN and China is currently the world's most important emerging economies. Therefore, China and ASEAN trade in the rapidly expanding global trade regionalization in the development process of inevitable result, and effective policy cooperation is speeded up the China-ASEAN free trade area of the development.

Wangjin bin pointed out that the development of regional economic Union helps clear China and ASEAN countries between the Division and complementary relations. China and the ASEAN trade is in deficit situation description then the excessive reliance on traditional low-cost advantage strategy, there is no room for development. China must in Europe and developed areas and countries with ASEAN and other low-cost balance between trade partners, become undertake developed and less developed regions of the middle ground, found in the international division of labour. In addition, free trade zones further extends important trading partners of pluralism, but also help reduce Europe and the United States and other countries and regions on trade friction risk.

Hainan and the rapid growth in the ASEAN trade and export increase before July 40%

August 19 from Haikou Customs was informed that ASEAN has become the largest Hainan export market. According to Haikou customs statistics, January-July of Hainan to ASEAN and export 7.1 billion, an increase of 42.6 (hereinafter the same). Which imports 3.3 billion, an increase of 10.2%; exports 3.8 billion, an increase of 92.4 per cent over the same period the Hainan total 31%.

Of these, Viet Nam, and Singapore are the Hainan's largest import and export markets. From Viet Nam import 1.9 billion, an increase of 1.7 times, for the import of Hainan Province since the ASEAN and the largest places of origin; export to Singapore 2 billion, an increase of 7.4 times, is the first ASEAN Hainan export market; and export value of over $ 100 million of other trading partners also Malaysia 1.3 million, Indonesia 1.2 billion.

Statistics show that imports of Hainan to production resource commodities, exports of finished oil; general trade and the leading edge of processing trade, general trade import, total imports dominated 2.6 million for the same period the total imports of Hainan from ASEAN's 79%; the leading export processing trade, export 3.1 billion for the same period the total export value of 81.1%. To import and export-oriented enterprises with foreign investment and growth. Foreign-funded enterprises to ASEAN and export 4.3 billion, an increase of 7.1 times.

Haikou customs community analysis finds that the first seven months of Hainan and ASEAN trade and rapid growth, a China-ASEAN free trade area established bilateral trade, the average tax rate dropped significantly, tax incentives and customs facilitation measures to promote trade; the second is affected by the economic stimulation policy and international tourism promotion of the construction of the island, the Island Foundation project demand, cement production and the amount of coal for power generation business growth; third, jinhai pulp and paper, oil refining, etc. larger enterprises Hainan play leading role, paper raw material imports and exports of oil products increased.

Trade disputes and disputes soar "Taizhou manufacturing" where to go

With the constant strengthening of international barriers to trade, trade disputes and disputes is gradually increasing, "Taizhou manufacturing" also failed to exception.

"Taizhou manufacturing" ushered in the era of trade high friction

Since 1 January 2002, a total of encounter, Taizhou city, United States, EU, India, Canada, Brazil, Argentina, 15 countries and regions, launched the "two-second insurance" and "United States" 337 investigation cases 87, in connection with the amount of $ 2.3 billion.

According to the analysis, the United States and the European Union launched the "two-second insurance" and "337" investigation of the total number of involved, become major 54.8% of anyuan countries. Mixer valve, citrus canned food, footwear, motorcycles, electric bikes, air compressor ... These "Taizhou manufacturing" unmatchable product, in the case of trade friction has become the main products involved.

At present, the enterprise has entered an "Taizhou two opposing second insurance" investigation cases up to 11, the enterprises involved in the whole 41, litigation cases amount totals 1.7 billion, accounting for 74% of the amount involved.

From city foreign economic and Trade Bureau provides data analysis, Taizhou 2002 encounters dumping investigation cases 60 onwards, the total number of involved; 69% of the enterprises involved, 234 in connection with the total number of 64.8% of enterprises; the amount involved, representing $ 10090 in connection with the total amount of 43.9%. "The anti-dumping investigation will become Taizhou current and future periods of fair trade the focus of the work. "City foreign economic and Trade Bureau Deputy Secretary Zhang says.

"Taizhou encounter more and more frequently in international trade disputes, in the province the proportion of the total number of cases are increasing, the situation is quite grim. "Zhang said that occurred last Taizhou seven trade friction cases, total number of cases accounted for 10%, and the first half of this year to 11, the increased proportion rose to 20%.

"Taizhou manufacturing" why by barriers to trade

Obviously, Taizhou trade friction cases mainly concentrated in the electromechanical industry, light industry, labour-intensive industries. These low content of industrial science and technology, competitiveness, rely primarily on price competition, and therefore vulnerable to anti-dumping and other trade barriers.

In fact, Taizhou exports most of Europe and the United States and other developed markets basically formed a complementary, but many developing countries, and not just the partner or competitor. In the international market, many developing countries fight is resource-intensive and labour-intensive products. In Argentina, for example, because of its small market size, product and more similarity with Taizhou, coupled with the effects of the appreciation of the Renminbi, etc., "Taizhou manufacturing" than often cheap, so competition is more intense, the trade dispute is frequent.

"From the country, the price competition, competitiveness is relatively weak in these enterprises or products are subjected to trade friction. "Zhang said," of course, this is the international trade protectionism on the rise. ”

"China has become the world's largest exporters, the world's second largest importer, the future of international trade barriers and trade friction inevitable. "China's open economy and Economics Institute expert rich summer friends pointed out sharply, Taizhou product technical levels generally lack core competitiveness, many enterprises are accustomed to the low price of competition policy and, more importantly, many SMEs lack the internationalization of competition, especially when faced with developing countries with different legal provisions with international competitive pressure, many people just sitting still.

"Taizhou manufacturing" how to breakthrough

These trade friction case whatever the outcome, it processes to business development in varying degrees of damage.

To help enterprises to avoid barriers to trade, the Government's positive action. In March 2007, the city's foreign trade and international business and Economics Research Center of China's technical barriers to trade, a pioneer in Taizhou export trade barrier early warning and rapid response mechanism projects, so that the whole city alert product coverage reaches more than 80%. At the same time, Taizhou successively built seven provincial foreign trade alert pilot sites, at the end of this year will achieve key industry, sensitive products of foreign trade alert demonstration sites of the city and County of complete coverage in urban areas.

"Through research and innovation, improving their own competitiveness, is avoiding barriers to trade in the fundamental way. "Zhang said that trade barriers imperceptibly to Taizhou-oriented enterprise provides a mechanism to force down, forcing the transformation and upgrading.

As wenling main air compressor industry exports, Zhejiang xinlei mechanical and electrical co., Ltd in 2008 in anti-dumping incident. Those exports decline 3218 million, an increase of 42.9%. One of the EU market has fallen by 63% year-on-year; the North American market has fallen by 42%.

Against the anti-dumping, "xinlei" heroic efforts to technical Rd, has invested 3 billion technology innovation, research and development of a new generation of scroll-type rotating and oscillating-piston type air compressor. And anti-dumping proceedings caused by conventional compressor compared to "xinlei" newly developed two compressor not only structurally completely innovative and energy-saving environmental protection, low noise and high precision, mechanical efficiency increased 5%, the volume is reduced by 20%, is the world leading level of air compressor industry.

At present, "xinlei" new products has applied to domestic patents, international market price than the old products increased by 30%. Hitoshi, Bell told this reporter, this is the foretaste of anti-dumping, and also the innovation brings to the enterprise's turn.

Quarter of China's exports is expected to return to a stable growth path

General Administration of customs import and export of 10 published data show that in August this year-over-year increase in China's exports 34.3% lower than last month growth rate, which was already 3.7% are for export growth rate for the third consecutive month. Industry analysis, export growth rate of decline should be structured and seasonal fluctuations, due to the long term foreign trade situation, expected Q4 will return to the stable growth track.

Date of publication of customs statistics, August Chinese import and export value 2585.7 billion, an increase of 34.7%. Exports growth 34.4% slower than the previous month 3.7 percentage, import growth 35.2%, compared to last month upgrade 12.5 percentage points.

From the month of may, June, 48.5 43.9% July 38.1% to 8% of the month, the Chinese handset 34.4 export growth rate has declined for three consecutive months. Data export growth to drop is not accidental, prior to this, including Goldman Sachs, CICC, Hong Yuan securities and many other research institutions have expected, the export growth rate in August will further decline occurred.

Related research who believes that currently foreign trade situation complex, mainly from international seasonal fluctuations in demand. These factors, the United States should not be overlooked. CICC latest research report noted that the United States economic slowdown in the second half or will continue momentum, fourth quarter could be worse than in the third quarter. CICC and prediction, United States economy growth ring than the third quarter to 1% in the fourth quarter will fall to 0.8%. Expected economic slowdown in the United States will be on China's export growth formation pressure. Learn economics Professor Wong Kin-chung, Vice President, believes that the year 5 to 8-month increase in decline, and the second quarter of foreign buyers margin cycle. Because of the uncertain market consumption expected to buyers of stock depletion until early in the second quarter was initiated to add. And the 5, 6 month, margin effect disappears, export growth ring than the probability of a decline. It is expected that this year, 9, 10 month "Christmas orders" set, will promote the margin effect appeared again.

Pei grams that corporate confidence is easy to understand, as the world's factory, although there is no longer regarded as the world's most expensive production base, but comprehensive account of production, logistics, and many other factors, China remained the most competitive production base.

The industry further stated that the four quarterly orders strong conditions will continue into next year, next year, the export will return to pre-crisis normality, there will be no dramatic swings since 2009, the annual growth is expected in 2010 is about 20%.

Chen Deming of China next year will remain rare exports

Commerce Minister Chen Deming on 5 November in Paris to refute some Western media for China rare earth export of false reports, and said that China will maintain rare exports.

In today's economic and trade cooperation projects in the method signature ceremony, Chen Deming said that the Chinese Government for strengthening environmental protection considerations, some do not meet the environmental requirements of a small re ore plant to rectify and to close, some small ore mill closed down naturally resulted in China rare earth decline, exports are reduced. The Chinese Government a strengthening of environmental initiatives, a number of media speculation, was interpreted as "political event".

Chen Deming said, China has the world 30% of rare-earth resources, but it possesses global output of 90% of rare-earth, and some countries possess a wealth of rare-earth minerals, but not for development, but imports from China. He said that China is currently rare consumer and storage country consultations, hoping to find a suitable solution, to resolve the tension between supply and demand is becoming increasingly rare. As a mineral resource is not renewable, rare earth, global reserves are limited, China hopes that the future can find an alternative way of rare or resources.

Rare-earth is less a reserves Metalloids collectively, including 17 kinds of chemical elements, known as "industry of vitamin" that can significantly improve the performance of the relevant material is essential for modern high-tech products. As in recent years the high tech industry in the rapid development of global demand for rare earths and consumption is growing fast. Recently, some of those in Europe, the media hypes China significantly reduce re export quotas, in turn accused China of rare-earth policy.

To prevent this non-renewable resource over-exploitation and illegal abuse recovery to dig on the environment, China in recent years on rare earth ore mining industry increased consolidation and governance. 6 October this year, Chinese Premier Wen Jiabao in Brussels to attend the sixth European Business Summit speech pointed out that "on rare earth to management and control is necessary, but never blockade. China will not give rare earth as a bargaining tool, our aim is for the sustainable development of the world. ”

WTO ruling on EU "war," the Chinese Sheng screw

WTO experts group 3, Geneva publishing awards report in support of China stands, finds the EU against imports from China of screws, nuts, bolts and fasteners implementation of anti-dumping measures and regulations in conformity with WTO rules. On this, the Department of Commerce Ministry official said, the Chinese side welcomed the Group made the ruling.

The group expressly ruled that the EU anti-dumping basic Ordinance relating to "the provisions of the separate tax rate" does not comply with WTO rules; the Group of experts also concluded that the EU's carbon steel fasteners of anti-dumping measures are also taken in violation of WTO rules. The report noted that the European Union's approach against China's right, it is recommended that the EU under the WTO rules, to adjust the related requirements.

Under the WTO dispute settlement procedures, the parties may award report publication 20, after 60 days, will report to the WTO dispute settlement mechanism for consideration by the meeting, and shall have the right to appeal in this period.

Ministry of Commerce of the Ministry responsible for the award, its welcoming, said a long time, the EU has asked the Chinese exporters in anti-dumping in line with the EU's so-called "individual rate" requirements, to Chinese enterprises have serious burden of anti-dumping and unfair treatment. The WTO panel ruling made it clear that the EU anti-dumping legislation and the practice was discriminatory, in violation of WTO rules.

The official said, the Chinese side urges the EU to respect the WTO ruling, as soon as possible in conformity with WTO rules and legislation and discriminatory practices, fair treatment of the Chinese export enterprises, the maintenance of normal trade activities in Europe.

Nov. 9th, 2007, the European Commission decided on imported from China to launch anti-dumping investigation of fasteners. Although some Chinese enterprises actively involved, but the EU despite China's opposition to decide early in 2009 China fasteners collection of up to 87% of final anti-dumping duty for a period of 5 years. Affected by this, only the last domestic nearly 90 million tons of fastener products cannot be exported. Coupled with foreign manufacturers willing to dumping tighten to seize the Chinese domestic market, the domestic fastener industry is greatly impact and challenges. The industry currently has 1/3 of enterprises have been discontinued, 1/3 of enterprises in half cut off State. (Editors: Liu Yang Wo)

Export of electromechanical products, domestic export enterprises to zero by the depreciation of the euro

Half year ago 1 euro exchange RMB 10 Yuan, currently only confirmed to 8.4 Yuan, depreciation rates at 15%. As a result of global economic integration, any country of the exchange rate changes may have on others and of trade between the countries affected, this is no exception. The EU is China's major export market, China trade size of 16%, half a year to the depreciation of the euro, on Chinese enterprises have caused major shocks.

Zero's export of electromechanical products

TCL communication a bit tall, said yesterday that the depreciation of the euro now, companies have to fulfil the original contract, and European customers pay or euro, meaning that these orders do not have the money to make money.

In China, like the TCL communication like facing the huge cost of high pressure of mechanical and electrical products exporter. As the global economic recovery, as well as mild Chinese enterprises "going out" the acceleration of the pace, taking into account such factors as low cardinality of last year, import and export of electromechanical products in China this year there was a restorative growth.

And in this year's trade fair period, China Chamber of Commerce on 296 enterprises conducted by the research shows that although the electromechanical industry average product price has increased by 8%, but due to the rise in raw materials and labor, and so on, its average cost increased by 10%. Short-term profits over the same period last year fell by 1 percentage point. The euro depreciated even more of a profit level of the mechanical and electrical products.

"Galanz in Europe's orders is a dollar, there would be affected, but not great. "Galanz is responsible for overseas business manager liugui-pointed out that the depreciation of the euro affect China's commodity prices in the European market, but the problem is that Chinese goods in the European market prices have difficulty," Basic for the first half of the order has been completed, interfere in the second half of European exports, also 7, 8-month orders. "

In the face of the depreciation of the euro, brains, and electrical enterprise had to find ways to mitigate losses.

In the face of the euro continued soft, press spokesman for the Ministry of Commerce recently Yao Jian's routine news conference, Chinese export enterprises will bear greater cost pressure, and exports from China to Europe will be adversely affected, "we will further concerned about the situation of the sovereign debt crisis, China's foreign trade policy in a timely manner. "Yao Jian said.

United States admit that China's "market economy status" pros and cons of

Recently, Assistant to the Rector of the University of international business and economics, international trade and economics professor and Dean, zhaozhong Sau, referring to the United States will promptly acknowledge full market economy status, said: "the market economy status," the most important, is not on a country's overall economic system, judgement, more reflected in resolving trade disputes "technology applies." Is recognized as the "full market economy countries", directly determine the Chinese export enterprises in the face of the situation of anti-dumping proceedings.

Anti-dumping case sponsors to be designated as "non-market economy countries", can be used with the country's economy had a third country (alternative) market prices to calculate the product of the "normal" price, not by the product's actual cost price. Because of the chosen alternative-country products manufacturing costs are often higher than the Chinese enterprises, China's enterprises in anti-dumping proceedings at a disadvantage.

"The United States to recognize China's market economy status, release a to cooperation in good faith. "Zhaozhong Sau said. But he noted that the United States abandoned the card you want to move, wants to win Chinese cooperation in other areas, such as new energy, increase the United States of high technology and product import, the expansion of financial and other high-end service industry market opening, etc. In these areas, the absolute position of the United States enterprise, certainly hope that the Chinese Government to further open up the product import and market access.

However, some experts have suggested that the Chinese Government does not have to hurry to secure full market economy status. As China get "full market economy status", will help the Chinese facing antidumping proceedings export enterprises are fairly treated, but may increase the threat of anti-subsidy investigation. The United States "countervailing bills", for example, anti-subsidy law does not apply to non-market economy countries, it can apply to a market economy-oriented industry. That is, as a means of trade remedy anti-subsidy investigation currently being evaluated as non-market economy countries, Chinese enterprises are not generally applicable. To start the anti-subsidy investigation, you will need the related field identified as "market economy-oriented industry." The United States, means for China's export business, can be generally applicable trade relief means you only have an anti-dumping investigation.

The first half of the year-over-year increase in the total value of imports and exports to over 40%

According to customs statistics, January-June, the total value of China's import and export 13548.8 million over the same period last year (hereinafter the same) 43.1 percent. Exports 7050.9 billion, an increase of 35.2%; import 6497.9 billion, an increase of 52.7%; trade surplus fell to 553 million, 42.5%.

6 month month China import and export value 2547.7 billion, an increase of 39.2%. Exports 1374 billion, an increase of 43.9%; import 1173.7 billion, an increase of 34.1%. Customs statistics show that in June, our monthly export value and worth will refresh in July 2008, the history of a record high. From the ring than, import and export in June this year is may ring than 4.4 percent; among the export link growth 4.3%, imports of ring than 4.6 percent.

Our general trade import and export growth. According to customs statistics, the first half of this year, China's general trade import and export 6794.9 billion, an increase of 46.5%, higher than the same period of the national import and export growth 3.4 percentage points. 3212 million, of which exports 36.6% higher than the corresponding national export overall growth 1.4 percentage; import 3582.9 billion, an increase of 56.6% higher than the corresponding national import 3.9 percentage of overall growth. General trade under trade deficit 370.9 billion, and over the same period in the year 2009 as surplus 63.5 billion. In the same period, the processing trade, import and export 5277.6 38.2%. Exports 3325.3 billion, an increase of 32.9%; import 1952.3 billion, an increase of 48.3%.

In the main trading partners in bilateral trade, customs statistics show that China and EU bilateral trade 2194.2 billion, an increase of 37.2%. And the United States bilateral trade amounted to $ 1719.9 million, an increase of 30.2%. Japan to weak superiority over ASEAN to become China's third largest trading partner. In the first half of the bilateral trade between China and Japan $ 1365.5 billion, an increase of 37%. Among them, China's exports to Japan 551.1 million 25.2 percent; from Japan import 814.4 billion, an increase of 46.3%; Japan trade deficit 263.3 billion, an increase of 1.3 times. In the same period, the bilateral trade between China and ASEAN amounted to 1364.9 billion, an increase of 54.7%. Among them, China's exports to ASEAN 646 billion, an increase of 45.4%; from ASEAN import 718.9 billion, an increase of 64%; on ASEAN trade deficit 72.9 billion, but with the same period in 2009, the 6 billion trade surplus. In addition, Brazil jumped the tenth largest trading partner in China. In the first half of the bilateral trade between China and Brazil $ 263.9 billion, an increase of 60.3%. Which, I'm Brazil exported $ 103.2 billion, up 1 times since Brazil imported 160.7 billion, an increase of 41.1%; on the Brazil trade deficit 57.5 billion.

From the home, the first half of this year, the total value of Guangdong import and export 3452.3 million 33.9 percent. In the same period, the Jiangsu, Shanghai and Beijing and export values for 2146 billion, 1717.7 billion and $ 1443.2 49.2% respectively, 42.5 60.1 percent. In addition, Zhejiang, Shandong and Fujian and export value respectively 1175.1 billion, 859.7 billion and $ 498.5 41.3% respectively, 41% and 42.8%. The above 7 provinces and export values together accounted for national 83.3% of the total value of imports and exports. From export, in the first half of the Guangdong export 1955.7 billion, an increase of 27.5%. Jiangsu and Shanghai respectively export 1224.8 million and $ 834.7 44.4% respectively and 33.5%. In addition, Zhejiang, Shandong, Fujian, Beijing respectively export 822.2 billion, 466.8 billion, $ 260 326.5 and 39.7% respectively, 34%, 39.1 16.1 percent.

In the export of goods, exports of electromechanical products maintain rapid growth, traditional commodities export growth has accelerated. According to customs statistics, the first half of this year, China's export of electromechanical products, 4170 35.9%, compared to China's overall export growth 0.7 percentage, representing over China's exports of 59.1%. Including electrical and electronic products export 1686.8 billion, an increase of 35.7%; machinery and equipment exports 1418.7 billion, an increase of 36.5%. In the same period, the traditional commodity export growth rate is generally higher in the previous five months has accelerated, including garment export 532.3 billion, an increase of 16% compared to the previous five months (the same below) accelerate 2.9 percentage; textile yarn, fabrics and products export 356.5 billion, an increase of 32.3%, accelerate 2.6 percentage; furniture exports 156.4 billion, an increase of 33%, accelerate 6.4 percentage; footwear exports 156.2 billion, an increase of 20.8%, accelerate 2.6 percentage points.

In the import of goods, the principal commodity imports have different levels of growth, the average price of imports as compared with the same widespread rebounded. According to customs statistics, the first half of this year, in China's imports of major commodities in iron ore import 3.1 million tons, up 4.1%, import price per tonne 111.5 u.s. dollars, up 47%; soybean imports 2580 million tons, an increase of 16.8%, import price per tonne 442.4 u.s. dollars, up 7.4%. In addition, imports of machinery and electronic products 3026.4 billion, an increase of 45.5%, of which the cars imported 38.7 million units, an increase of 1.7 times.

Related reading: import/export value of the second half of June new high growth rate will decline trend

Market complementary emerging economies has "made in China"

Compared to European and American markets and the growth of 30%, China's foreign trade, first half of the emerging markets is more like a cardiotonic. To Brazil and ASEAN, for example, emerging countries more than Europe and the market is willing to accept "made in China".

Customs 10, statistics show that in the first half of the bilateral trade between China and Brazil $ 263.9 billion, an increase of 60.3%, Brazil became the fourth largest trading partner of China. Earlier, top-drawer performance of ASEAN also, China and ASEAN bilateral trade amounted to $ 1364.9, 54.7 percent; on ASEAN export growth, which breaking 45.4% over the first half of the value of foreign trade in China.

Despite the high growth behind, there are still in the first half of 2009, the low base of factors exist, but there is no doubt that compared to Europe, America and Japan and other developed countries market "saturation" and "atrophy" exacts, burgeoning markets already in crisis times after the first year of the powerful spurt.

Requirement level agreement

Latin American and other emerging countries doing business, baoli import and export companies in the peer to work. "Made in China" have the price advantage, but the readily marketable "more" is positive solutions. Baoli companies overseas sales SIM Manager believes that, in recent years, the Latin American market significantly better than Europe. "After all, China manufacturing such as electrical, toys and other products, with their needs perfectly, sown, naturally be willing to accept the market. ”

With European and American markets increasingly saturated, emerging economies in purchasing power started to become apparent. Department of Commerce Institute researcher Li Jian to this reporter noted that steady growth in emerging economies, and faster than seen in Europe and in economic growth, rising living standards, to unprecedented growth in purchasing power; secondly, the emerging economies, large population, to expand the market capacity possible.

It is worth noting that with doing business in emerging economies, China is no longer on the instructions of surplus for the first time. In the first half of the country's trade deficit with Brazil, and 57.5 million compared with a surplus 139.87 million; on ASEAN trade deficit 72.9 billion, compared with 6 billion trade surplus. China and the emerging countries market complementarities finally competition accelerated rendering — Latin America and the ASEAN countries rich in energy, forests, fisheries resources, as China's economic structural adjustment, industrial upgrade provides new impetus.

Short term-but Europe and the United States

To emerging markets and tunneling gold, fledgling Chinese foreign trade people harder: 60% or even 100% of the export growth rate far left Europe, America and Japan, this momentum, the emerging markets will one day rival with developed countries?

To this end, Li Jian that, despite the economic growth in emerging markets faster than developed countries, in the global share of total trade has also gradually improve, but in the short term to catch up with developed countries, but even exceeded. After all, Europe, Japan and other developed countries make up the total amount of the big head of global trade.

But at the same time Li Jian pointed out that, although the June Japan over ASEAN become China's third largest trading partner, which are mostly casual factors. Thus the ASEAN is likely to surpass Japan again, return to the top three positions.

At the same time, compared with developed countries, emerging markets still owe mature and reliable. "A good investment environment is still urgently needed for both enterprises. "Li Jian said, this has yet to be further strengthened. He also pointed out that China's people need to recognize that emerging economies dependent on developed countries remained high, if the global economy shows signs of recession, the emerging economies of the so-called growth also will be empty.

Customs Union for Russia third countries economic integration baiha

Russia Baiha third country entry into force of the Customs Union customs law is 21 days. On the morning of 27 July, the three countries represented at the meeting of the Russia's new groups said that the three countries "is redoubling its efforts to make the Customs Union agreement and their respective legal coherence".

Attend this session are Russia Federal Customs representative Constantine · toppur Cove, Director of the Belarus Embassy Counsellor, Valeri · Martha, mining, Kazakhstan Ministry of finance, customs inspection Committee representative base Moore · Mary Cove.

Ma-Lee said at the meeting, three countries signed the SACU customs law, this is a landmark significance of big events. Russia Baiha third country establishment and completed a single economic space of the first phase, this relates to three countries the improvement of living standards.

"After the breakup of the Soviet Union, we all contribute to the integration process, the formation of the Russia-Belarus Union, etc. SACU customs law, after the signing of the single economic space of the work will be supported by substantial progress, "Ma-Lee said," Russia Baiha third country common market 1.7 million population, the market potential is great. Expected 2011 before 1 January, will end as mounted in the early stage of the Customs Union. ”

Participating third countries who are representing Russia Baiha SACU customs law signed in China will have a certain impact. Toppur Cove that the establishment of the Customs Union will greatly strengthen the related countries and China's economic and trade cooperation. In his view, the individual will be the first to benefit from the SACU customs benefits of signed, which means that people can "bring more goods entering their countries".

Ma-Lee noted that China is Belarus important political, economic and trade relations between the partners, the two countries have set targets for 2010 bilateral economic and trade of $ 22 billion, but this goal is in fact already in 2008. The first five months of this year, China in White Russia's main trading partners in ranking fifth ranked seventh, export, import is ranked fourth.

In the first five months of this year, the two countries reached $ 8.32, than in previous years, an increase of 77% on the export reaches 2.9 billion in, an increase of 34%. "The Customs Union was signed with China's economic development has a catalytic role," said Marilyn mining profits.

Mary Cove also stressed that Russia Baiha third country Customs Union customs law signed on trade with China has a role in promoting. He said that the signing of the three countries Customs Union customs law aims to deepen the three countries of the Organization for economic cooperation and economic integration processes. Mary Cove made it clear that the SACU customs law is "disadvantages".

5 July, the Eurasian Economic Community Summit held in Astana, the capital of Kazakhstan, Russian Presidents Day Baiha announced that Russia Baiha third country Customs Union customs law from 6 July formally entered into force. Russian President Medvedev said that the establishment of the Customs Union will promote the establishment of a common market in the former Soviet Union and the common currency.

Is expected in July 2011, Russia Baiha three countries to build a unified customs space, cancel existing customs.

The least-developed countries 4762 items duty-free exports to China

According to the Ministry of Finance Web site message for the Chinese Government in the United Nations Millennium development goals high-level meeting on least developed countries (LDCs) 95% of product tariff treatment commitments, recently approved by the State Council, tariff Commission of the State Council decided that, since July 1, 2010, on an exchange of letters has been completed with our Ethiopian, 33 LDCs 4762 originating in a btn anti-Chinese goods implemented zero tariff, accounted for all tariff items of 60%. So far, China will become the least developed countries, opening up markets in most developing countries.

Will continue to expand the scope for

In the integration of the original zero tariff treatment, on the basis of a tariff item 4762 BTN list further increased the least developed countries in recent years have actual exports or potential export capacity of some of the goods, including poultry and livestock, aquatic products, unprocessed or processed agricultural products, at the beginning of the mineral categories. Follow the 2008 trade statistics, such a tax of 4762 duty-free goods accounted for LDCs ' exports to China 98.2%. We also will continue to expand the scope for, and ultimately achieving zero tariff giving covers all tariff items of 95%.

To broaden the import of channels

At present, the World Trade Organization Doha Round negotiations reached an impasse, developed country commitments to LDCs in 97% of products in the duty-free, quota-free "obligations has not been completely fulfilled. As a developing country, China, facing a very complex challenges of the economic situation, the first to honour their commitments to the LDCs implement zero tariff measures. With zero tariff measures for full implementation, many of the least developed countries to zero tariffs on goods entering the Chinese market, will give the people of the LDCs, and also benefits will contribute to lowering the cost of imports of Chinese enterprises, China's import channel widening, promote the healthy development of bilateral trade.