Zhejiang'S Foreign Trade Report Card In The First Quarter Of This Year: Cold And Warm

Zhejiang's foreign trade has been a "big horsepower engine" of China's foreign trade for many years, and the trade surplus created only often accounts for more than 40% of the total amount of the country's total trade.

Index changes trigger foreign trade worries

Small commodities, textiles, leather, plastics...

In the world's largest small commodity market, Yiwu China Commodity City released the "Yiwu China Commodity City index". In March, the prosperity index was 1060.82 points, which was 104.52 points lower than the latest January prosperity index.

The largest textile trading center in Asia, "textile index of China in Shaoxing" released by China Light Textile City in Keqiao, China, in March, the "foreign trade prosperity index" dropped from 1303.43 points in January to 1006 points, and the "foreign trade price index" rose from 94.69 to 110.47.

Of course, there is also the effect of the "Spring Festival effect". In fact, the market is still prosperous from the turnover of the two major markets.

The short term volatility of the index may not be a surprise, but it does not mean that we can rest easy on the prosperity of foreign trade, especially in the Zhejiang economy with nearly 50% dependence on exports last year.

Sub loan remittance sounded the alarm bell.

From the external environment, the subprime mortgage crisis in the United States has had a certain impact on Zhejiang's foreign trade.

What foreign trade enterprises feel most is the appreciation of the RMB against the US dollar.

India textile merchants Bao Lianhua also complained to reporters: "China's textiles are of good quality and low price, but the appreciation of RMB has brought difficulties to my company. If the exchange rate of RMB against the US dollar has dropped below 6, I can only consider changing the target of cooperation."

An analysis material of the Hangzhou branch of the people's Bank of China has also suggested that the export growth of Zhejiang may gradually slow down this year. The superposition effect of all aspects will lead to further compression of the profit margins of export enterprises.

The pformation of foreign trade is imminent.

In 2007, China Xinguang Holding Group invested about 10000000 yuan in ERP (Information Management) project, and comprehensively enhanced the business process integration capability and management level, becoming the only enterprise in the domestic jewelry industry to be certified.

This year, Xinguang Group intends to set up its fifth or sixth overseas branches in Mexico and Brazil to further shorten the export trade chain and enrich the export market.

The pformation of foreign trade has become a strategy for many Zhejiang enterprises.

Transformation is not only a test of enterprises. Zheng Yongjun, a professor at Zhejiang Gongshang University, believes that after the world economy enters the era of inflation, it has put forward new demands and challenges to China's export oriented economy and local government's regulation and control ability.

Wu Yurong, member of the Standing Committee of the Jinhua Municipal Committee and Secretary of the Yiwu Municipal Committee, said that in recent years, the government has been consciously guiding enterprises to take the road of innovation and upgrading, constantly adjust their product mix, consciously guide enterprises to diversify their exports, and consolidate new markets while constantly consolidating traditional markets.