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Guangdong'S Foreign Trade Policy Shift: General Trade Processing Trade

2008/8/27 10:58:00 92

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In from August 18th to 21st, Guangdong, the first foreign ministry of foreign trade, sent more than 10 officials from the above level departments of the province's economic and trade system to Zhejiang to conduct special research on general trade.

Within four days, the research group visited Zhejiang, Hangzhou, Ningbo, Wenzhou, Jia Qing, Jinhua, Taizhou and other cities.

"The province attaches great importance to this investigation."

An official involved in the investigation said, "this is related to the direction of the future structural adjustment of Guangdong's foreign trade and economic cooperation, and the future development of Guangdong's large number of export enterprises."

Before the launch of the survey, Guangdong held a symposium on the whole province's foreign economic and trade work as well as an internal analysis meeting at the highest level of the provincial economic and trade system.

An official of the Guangdong foreign trade and Economic Cooperation Department revealed that the two conferences mentioned the issue of how Guangdong's foreign trade policy should turn.

General trade has become a breakthrough.

"General trade in the second half of this year will be supported by Guangdong provincial finance."

He said, "protecting processing trade and promoting general trade has become a consensus."

取道浙江

浙江省的貿易結構引起了調研組的高度關注

According to the statistics of Zhejiang provincial foreign trade and Economic Cooperation Department, in the first half of this year, Zhejiang's general trade import and export volume was 74 billion 990 million US dollars, an increase of 28.8% over the same period last year, of which general trade exports amounted to 57 billion US dollars, an increase of 27.5%, the growth rate was faster than the processing trade 6.2 percentage points, and the proportion reached 78%.

In the first half of this year, general trade accounted for 73% of Zhejiang's total import and export trade, while processing trade accounted for 27%.

General trade has pulled the growth of Zhejiang's import and export trade under the background of the overall low foreign trade.

"The export of private enterprises in Zhejiang accounts for 51.05% of the total export volume, which is close to 30 percentage points higher than the national level of 22%.

And our foreign-funded enterprises account for only 35.3% of the total export volume, which is obviously different from that of Guangdong.

Zhang Qianjiang, director general of Zhejiang Provincial Department of foreign trade and economic cooperation, said.

Contrary to Zhejiang's foreign trade structure, Guangdong's exports have been dominated by processing trade.

In the first half of this year, general trade accounted for 29% of Guangdong's total import and export trade, and processing trade accounted for 71%, of which foreign investment enterprises accounted for 64%.

"The most fundamental reason affecting the foreign trade situation is the continuing downturn in the international market. Under the same external environment, the external dependence of processing trade is higher and the external impact is greater than the impact of general trade."

An official of the Guangdong provincial government told reporters.

"The general trade in Guangdong is not only smaller, but more importantly, it lacks experience.

Zhejiang's experience is the primary goal.

He said.

Not only that, the general trade in the Pearl River Delta is usually driven by processing trade, such as buyers' processing trade orders under 1 million US dollars, and export enterprises often borrow the buyer's channel for a small part of general trade.

Therefore, the current downturn in the international market has a strong impact on Guangdong's general trade.

"Our orders for processing trade decreased by 30%, while general trade decreased by half."

Liang Hongsheng, general manager of Guangdong haute Electrical Appliance Co., Ltd.

以一般貿易補缺加工貿易

The trade structure dominated by processing trade in Guangdong has attracted wide attention from all over the province.

A document issued by the Guangdong economic and trade system pointed out that "our province should increase its support for general trade so as to reduce the negative impact brought about by the rapid reduction in processing trade orders."

"On the one hand, we should protect the small and medium export enterprises, on the other hand, we should expand the general trade to recharge the lost processing trade."

The Guangdong provincial government officials said.

這談何容易

"The difficulties encountered in general trade export must be greater than that in processing trade. The brands of general trade exporting enterprises lack visibility, sales channels and stable market in the international market.

Most of the processing trade has been built by parent companies in the international market, which is more stable than the fixed sales channel and stable market. This is why even technology companies are more willing to choose the OEM export.

Guangdong Provincial Foreign Economic and Trade Department officials analyzed this reporter.

Statistics from the Guangdong Provincial Department of foreign trade and economic cooperation showed that in the first half of this year, Guangdong's export related to export tax rebate reduction last year dropped 2.2%, down 32.2 percentage points, of which general trade exports fell 58.4 percentage points, and the export tax rebate rate dropped 22.9%, down 57.7 percentage points, of which general trade exports fell 94.1 percentage points.