Ministry Of Commerce: Annual Trend Of Foreign Trade Or "High Before And After Low"

Yao Jian, a spokesman for the Ministry of Commerce, said at a regular press conference held yesterday that domestic and foreign factors are aggregated and the foreign trade development situation is not optimistic. The export situation of foreign trade enterprises in China is still complicated in the second half of the year, and it is expected that the trend of foreign trade will be "before high and low" in the whole year.

Yao Jian said that the sovereign debt crisis has made many EU countries' fiscal policy shift from expansion to contraction, which will greatly restrict the growth of EU consumption and investment.

And Brazil, India, etc.

In addition, the trade friction situation is still grim.

According to statistics, in the first half of this year, our country suffered 38 cases of trade remedy investigation.

Yao Jian predicted that the high ruling cases in the previous two years would continue to be implemented, and the cumulative effects of many cases would not be underestimated for the next period of time.

Yao insists that China's business authorities will continue to maintain the following

Statistics released by the General Administration of Customs showed that in the first half of this year, China's import and export value reached 13549 billion US dollars, up 43.1% over the same period last year.

Among them, exports amounted to 705 billion 100 million US dollars, an increase of 35.2%, an increase of 5.7% over the same period in 2008; imports of US $649 billion 800 million, an increase of 52.7%, an increase of 14.2% over the same period in 2008.

But general trade has already run into deficit.

Yao Jian also said that the appreciation of the renminbi is also an important factor for the enterprises to consider in the export business.

Under the background of rising raw material costs, rising labor costs and the adjustment of export tax rebate rates for some products, some enterprises are facing some pressure on business, especially some labor-intensive enterprises.

However, Yao Jian also said that although foreign trade faces many challenges, China's foreign trade enterprises need to accelerate the pformation of foreign trade development mode.

It is revealed that the Ministry of commerce is considering a proposal to speed up the pformation of foreign trade development mode, including how to further diversify the trade market, how to combine traditional trade export with overseas investment and operation, and how to further pay attention to the strength of brand, the power of marketing network and the strength of after-sales service in the development of foreign trade.