Fujian Exports Strong Textile And Clothing To The US

　　　 傳統產品出口較穩

Since the outbreak of the subprime mortgage crisis in the second half of 2008, Fujian's trade growth in the United States has continued to slow down, and has entered the 2009. Fujian's trade with the United States has been narrowing down, which is the first to achieve recovery compared with the European Union and Japan. In February, it was affected by the long holidays of the Spring Festival. The export in the single month was only 500 million dollars, and the average export volume in the remaining months was about 1 billion dollars.

Mechanical and electrical products are Fujian's main exports to the United States. Textile and clothing products and aquatic products exported to the United States last year achieved strong growth.

Some foreign machinery and electrical production enterprises in Fujian take the United States as the main selling market. The mechanical and electrical products have been the largest commodity exported to Fujian by the Fujian province. In 2009, the export of electromechanical products to the United States amounted to 4 billion 734 million US dollars, down 15.99%, accounting for 43.64%.

Despite the decline in exports of electromechanical products to the United States, the situation is still more optimistic than that of electromechanical products for the European Union and Japan, which fell by 24% and 33% respectively, of which the LCD TV exports to the US $877 million, an increase of 24.75%.

As the United States liberalized the management of textile quotas in 2009, Fujian textile and apparel exports to the United States showed a rapid growth momentum, with an export volume of US $674 million, an increase of 27.4% and an increase of US $145 million in exports.

In general, Fujian's export of labor intensive products to the United States is more stable.

Among them, footwear exports amounted to 1 billion 976 million US dollars, an increase of 5.04%; furniture exports were US $871 million, unchanged from last year; exports of bags and bags were US $567 million, an increase of 1.1%; ceramic exports 141 million US dollars, an increase of 14.53%; and aquatic products exported 94 million 80 thousand US dollars, increasing by 488%.

For many years, the export trade of Fujian to the United States was dominated by processing trade, but with the continuous rise of Fujian's national industry, general trade first replaced processing trade in 2009 to become the main trade mode of Fujian's exports to the United States. General trade exports for the year amounted to 5 billion 309 million US dollars, an increase of 0.87%, and processing trade exported 4 billion 893 million US dollars, down 15.97%.

Compared with the mode of processing trade, general trade can better reflect the real strength of both sides, and its inherent growth has more potential and the structure of trade pattern is more reasonable.

In 2009, foreign investment enterprises continued to dominate the US exports, and large foreign-funded enterprises were the main force of Fujian's export to the US.

According to statistics, in 2009, Fujian exported more than US $100 million to the United States with 9 enterprises, namely, Fujian Jielian Electronic Co Ltd, Xiamen overseas Chinese electronic Limited by Share Ltd, Xiamen Sinop Logistics Co., Ltd., Lu Da (Xiamen) Industrial Co., Ltd., Xiamen Xiangyu Taiping integrated logistics Co., Ltd., Yuda (China) Investment Co., Ltd., Baodi (Xiamen) Logistics Co., Ltd., Fujian Giti Tire Co., Ltd. and Zhangzhou Eupa Industrial Co., Ltd., among which Xiamen China Logistics Co., Ltd. is state-owned enterprises, and the remaining 8 are foreign-invested enterprises, of which total exports amounted to 2 billion 300 million US dollars, accounting for 21.2% of the total export volume to the United States.

Exports to the United States more than 50 million U.S. dollars of 26 enterprises, the United States exports to the United States 3 billion 649 million US dollars, accounting for 33.65% of the total exports of the United States.

The export momentum of the private sector to the US is strong, reaching 2 billion 600 million US dollars for the whole year, up 16.49% over the same period last year.

The export of state-owned enterprises to the US decreased slightly, with the export volume of US $900 million, down 11.26% from the same period last year.

Last year, the United States frequently launched trade protection measures against China.

Due to the market and product structure, Fujian has become one of the key provinces that encounter international trade frictions.

In 2009, there were 8 cases of trade remedy cases in the United States, with 12 cases from the initial stage and 15 final ones. The frequency of filing cases is extremely rare in the history of world trade remedy, and the goal of trade protection is shifting from the low end products to the high-end products.

   　　 形勢展望：出現四大新變化

Since the end of 2007, the global financial crisis and economic recession originating in the United States have severely damaged the US market.

China and the United States, together with other countries in the world, have joined hands to fight the crisis and stimulate the economy.

Since the financial crisis, there have been some noticeable new changes in Sino US economic and trade relations.

First, China and the United States have seen negative growth in their imports and exports.

According to statistics, between 2009 and August, the bilateral trade volume between China and the United States was 183 billion 786 million US dollars, down 16.4% from the same period last year.

According to the US statistics, the proportion of China's export market and import source in the first half of 2009 was 6.1% and 18.7% respectively, up 0.7 and 4.3 percentage points respectively from the same period last year.

This shows that under the situation of severe economic recession and shrinking market, Chinese products still maintain certain competitive advantages.

The relative strength of China's economy has continued to provide the market for us products.

Secondly, Sino US trade imbalance has expanded dramatically.

According to the statistics of the US Department of Commerce, the proportion of China's Global trade deficit in the United States increased sharply from 29.2% in the same period in 2009 to 47.5% in the first half of 2009.

Huge imbalance is a core issue in Sino US trade relations for many years.

Its rapid expansion coincided with the Obama administration with strong protectionism, which caused the rapid warming of trade friction.

In September 11, 2009, Obama approved the 3 year special duty on Chinese tires, which seriously violated the WTO rules and opened up a bad precedent for trade protectionism.

Unlike the past trade relief actions initiated by the United States to my products, there are two main characteristics of this wave of protectionism: first, trade unions become the main force; the government tends to take the protection of employment as a real example and oppose the growth of imports, rather than the manufacturers usually weigh the impact on their industries in the past; second, measure the standard of trade remedy, and no longer emphasize whether it is lower than the fair price of the market.

Thirdly, the green economy has become a new growth of Sino US economic and trade.

Jointly tackling climate warming and reducing carbon emissions has become an urgent task in the world.

China and the United States are the largest countries with the largest carbon emissions and the largest energy consumption in the world. They share significant and differentiated responsibilities.

Both countries are actively seeking major changes in the mode of economic growth and seeking a green and sustainable economy.

Fujian's exports to the United States should gradually change the form of low-end processing, develop towards high-end and low carbon, and introduce technology and investment from the United States in these areas, and actively invest in the US.

In these areas, the two countries have fewer disputes, more common interests and huge market potential.

Finally, Sino US economic and trade prospects are still broad.

Although China and the United States differ greatly in their economic and trade fields and are constantly in conflict, the general trend of globalization determines that the economic intertwining between the two countries will be deepened day by day.

This determines the general trend that the growth of mutual trade and investment will continue for many years.

In the foreseeable future, Sino US trade and economic scale will remain second only to China's economic and trade cooperation with the European Union.

The long-term prospects of Sino US economic and trade relations remain optimistic and impressive.

   　　 專家建議應及時調整發展思路

At present, the domestic economic growth of the United States is more than expected.

Preliminary data from the US Department of Commerce showed that GDP grew by 5.7% in the fourth quarter of 2009, the largest increase since 2003, and the positive growth of the US economy in the second quarter, indicating that the US has already stepped out of recession.

A number of economic data show that the bottom of the US economy seems to have been formed and is now showing a V shape reversal.

The market has begun to expect to raise interest rates, but it should not be too optimistic. At present, the economic recovery in the United States is mostly due to the stimulating effect of economic policies, and its economic growth momentum has not yet been formed, and the recovery is not strong at present. The economy is still facing the risk of the two bottom finding.

It is worth noting that the United States has adjusted the mode of economic growth from import to export.

In his first state of the Union address in the US Congress, Obama promised to double US exports in 5 years.

Speaking at a democratic gathering, he also said that China and Asia would be a huge market for US exports in the future.

Many US officials believe that after the collapse of the US financial bubble, they can only rely on exports to support economic growth.

At the same time, they asked Asian countries to expand domestic demand and make room for the us to expand its exports, pforming from a big importing country into an export power.

In this regard, industry experts said that the United States can successfully expand exports is doubtful, the United States has never been an export dependent country, based on different comparative advantages, China and other Asian countries is a typical external demand dependent economy.

Because of the difference in industrial structure and international division of labor, the United States has limited space to expand exports.

The growth space of us service export is limited: its competitive industries such as airplanes, cars and so on have little demand for space, and are facing fierce competition from overseas counterparts. New industries such as new energy have not yet come to life. In the short term, it is difficult to replicate the dream of prosperity like the IT industry in the United States.

At present, the United States began to study policies aimed at supporting the export of small and medium-sized enterprises.

Therefore, foreign trade experts believe that the adjustment of foreign economic policies and economic growth patterns in the United States has many impacts on Fujian Province, both challenges and opportunities.

The focus of us export development is high value-added and high-tech products, which is complementary to Fujian's exports to the US.

In addition, in the face of the new international trade environment and situation, Fujian enterprises also need to change their ideas and adjust their development ideas in a timely manner. After the US economic recovery is on the right track and the stock market and property market will further warm up, the US domestic consumption is expected to return to the 2/3 level of GDP.

At that time, Fujian's foreign demand market has a renewed hope.