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    The Two Phase Of Exports Increased By Only 2.1%, And The Recovery Of Foreign Trade Was Not Optimistic.

    2010/5/4 10:37:00 33

    Revival Of Foreign Trade

    The second phase of the Canton Fair extended its first phase of weak growth.

    Recently, the Canton Fair News Center released data show that the 107th Canton Fair two phase export turnover of $8 billion 460 million, a 106 increase of 2.1% over the same period.

    The cumulative export volume of the first two phases was $25 billion 560 million, up only 7.1% from the same period last year.


    Industry analysts believe that although the volume of previous two periods of recovery has maintained a momentum of growth, but did not return to the level before the financial crisis.

    At present, there are still many uncertain factors in the international market, and the recovery of foreign trade is still not optimistic.


    According to the introduction, the current one or two period accumulative total, the export paction 25 billion 560 million US dollars, compared with the 106th session's 23 billion 870 million dollar, the increase 7.1%; overseas to the meeting buyer 162267 people, the growth 8.9%.


    Chen Zhaoren said that the two phase of the participating enterprises generally reflected that the desire for purchasing by the emerging market buyers increased significantly, and the prospects for the recovery of the international market were promising. However, they also worried about the RMB exchange rate, the sustainability of the relevant national policies and the rising cost.


    Chen Zhaoren said that the impact of the Iceland volcano outbreak, the two phase of the European Union buyers will drop 23.6%.

    In addition, the turnover of major markets in the United States and the Middle East has declined to varying degrees compared with the previous one. This indicates that there are still many uncertainties in the recovery process of the major international markets, and should not be too optimistic.


    The third phase of the Canton Fair will be held in Pazhou Exhibition Hall from May 1st to May 5th. There will be 17 exhibiting areas including 5 categories of textiles and clothing, footwear, office, luggage and leisure products, medicine and health care, food and local products.

    By then, through the three phase of Canton fair paction data, we can peep out the export situation of China's second half year's foreign trade.

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