The Trade Balance Improved And The Import And Export Value Of Footwear Increased In May.
The month of April this year, China
Total value of imports and exports
It was $308 billion 80 million, an increase of 2.7% over the same period last year.
Among them, exports amounted to 163 billion 250 million US dollars, up 4.9% over the same period last year, and imports of US $144 billion 830 million, an increase of 0.3% over the same period last year. The trade surplus of that month was US $18 billion 420 million.
Adjusted by seasonally adjusted method, China's import and export, exports and imports grew by 6.1%, 7.2% and 4.8% respectively in April.
Conclusion: low export growth
The demand for international market is sluggish.
Asia
Exports to some European trading partners showed a downward trend.
According to the statistics of the General Administration of customs, China's exports to North America, Africa and Latin America increased by 12.6%, 12.8% and 17.5% in 1~3 months, faster than the national average export growth rate, 7.8% for Asian exports and 0.6% for European exports.
Affected by the spread and deterioration of the European debt crisis, China's export growth to Europe has slowed down considerably.
In 1~4 months, China's exports to the EU dropped by 2%, and exports to Germany, France and Italy fell by 4.1%, 2.1% and 27% respectively.
At the same time, the weakening of the world economy and the debt crisis in Europe are also playing an increasingly important role in the economic impact of China's important trading partners in Asia. The mainland's exports to Taiwan and India have declined in varying degrees.
The mainland's exports to Taiwan, India and Singapore fell by 10.3%, 1% and 4% respectively.
Affected by the political turmoil in the Middle East, China's import and export to Iran and Syria also dropped sharply. In 1~3 months, China's exports to Iran and Syria fell by 17.2% and 55% respectively.
Since 2012, the economic recovery in North America and Latin America, the strong economic growth in Africa and the strong demand in the market, but the demand for Asian and European markets which account for 70% of China's export debt is affected by the European debt crisis.
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The export of primary products in China has slowed down, and the import of primary products has increased rapidly.
According to the statistics of the General Administration of customs, the export of primary products in China increased by 4.2% in 1~3 months, a significant slowdown compared with the same period in 2011, while imports increased by 18.2%, faster than the average growth level of imports by 12 percentage points.
Under the influence of the domestic market supply and demand and the strong rebound in international primary commodity prices, according to the international trade standard classification (SITC), there were different products in the primary products exported in 2012, including coffee, tea, cocoa and other condiments, paper and waste paper, textile fibers and their wastes, metal ores and wastes, and coal, coke and coal bricks.
1~4 month sugar, coal and lignite, coke, semi coke and crude oil exports fell by 13.8%, 43.4% and 83.4% respectively, while the export of live pigs, rice, corn and crude oil increased by 26.1%, 26.2%%, 42% and 39.6% respectively.
In 1~3 months, China's imports of primary products increased rapidly, including live animals, cereals and products, sugar, sugar products and honey, tobacco and products, natural gas and artificial gas.
Imports of fresh, dried fruits and nuts, grains and cereals, edible vegetable oil, crude oil and fertilizer increased by 53.8%, 305.7%, 27.1%, 28.2% and 58.1% respectively in 1~4 months.
The export of industrial products in China has increased steadily, and the growth rate of imports has been soaring.
According to the statistics of the General Administration of customs, the export of industrial products in China increased by 7.8% in 1~3 months, and the average growth level of the country's exports was flat. Imports increased by only 1%.
The fastest growing exports of industrial products in 1~3 months were products of primary form plastics, leather, leather products and tanned fur, special industrial machinery and metalworking machinery. Their exports increased by 22%, 21% and 21.1% and 28.2% respectively, while the most obvious products of export were products made of fertilizer and non-ferrous metals.
In 1~4 months, the fastest growing export of industrial products in China was the growth of precious metals and precious metal jewelry, hand-held radiotelephones and parts, watches and lamps and lighting fixtures, respectively, by 134.1%, 28.3%, 23.7% and 33% respectively.
In 1~3 months, the steady growth of imports of industrial products in China included pharmaceutical products, land vehicles, travel products, handbags and similar products, clothing and accessories, footwear and so on. The products with a large decline in imports were inorganic chemicals, steel and special machinery for special industries.
The fastest growing imports of industrial products in 2012 were UN forged copper and copper, alumina, automotive and chassis and aircraft. Imports increased by 30.5%, 60%, 33.2% and 39.2% respectively.
The steady growth of imports of the above primary products and some industrial products reflects the trend of consumption demand in the domestic market, and is also the effect of the state's policy of encouraging imports.
In 1~4 months, the slowdown in import growth was mainly due to the slowdown in imports of electromechanical products and high-tech products.
According to the data released by the General Administration of Customs in May, the import of mechanical and electrical products, which accounted for 43% of China's imports, dropped by 1.6%, and the imports of high-tech products increased by only 0.4%.
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General trade growth is faster than processing trade, and processing trade is accelerating pformation and upgrading.
According to the statistics of the General Administration of customs, general trade exports 1~3 US $200 billion 500 million, an increase of 7.9% over the same period last year, and imports of US $252 billion 20 million, an increase of 8.2%.
Processing trade exports increased by US $196 billion 70 million, an increase of 6.3% over the previous year, and imports of US $108 billion 600 million, an increase of 1.2%.
Other trade methods exported 33 billion 490 million US dollars, an increase of 13.9%, and imports of US $68 billion 530 million, an increase of 12.1%.
As the country promotes the pformation and upgrading of processing trade, general trade has become China's largest export mode since 2011, and its growth and share surpass that of processing trade.
Since the international financial crisis, in order to avoid various risks and reduce costs, enterprises have adopted flexible and diversified trade modes to expand the market, such as the use of network marketing, expansion of overseas marketing chains, and special supervision of imported and exported goods through bonded supervision sites and General Administration of customs.
The 1~3 month bonded supervision sites and the customs administration special supervision area imported 21 billion 730 million US dollars and US $36 billion 950 million respectively, an increase of 20.2% and 13.8% compared with the same period last year.
The diversification of import and export trade mode is a major trend in the development of international trade, and it is also a necessary path for China to change the mode of trade growth.
Export growth of state-owned enterprises is weak, foreign-invested enterprises are growing steadily, and private enterprises are active.
According to the statistics of the General Administration of customs, the export of foreign invested enterprises increased by 6.9% in 1~3 months, and the export of state-owned enterprises decreased by 0.1%, and the export of private enterprises increased by 12.8%.
At present, the effectiveness of the export tax rebate policy is decreasing, operating costs are rising, labor costs are rising, the appreciation of the RMB exchange rate, the rise of prices and freight rates, the poor operation order of export markets, and the serious phenomenon of low price competition among enterprises have led to the decline in export profits of some state-owned enterprises and no enthusiasm for export development.
Foreign investment enterprises, which account for more than 50% of the total export volume, have strong international competitiveness, steady export growth, and continuous optimization of export product structure. New materials, new technologies, brand products and energy saving and environmental protection products emerge one after another. They not only promote the pfer of international high-end industries to China, but also play an important role in the pfer of industries to the western regions.
Although these factors are also affected by the above factors, private enterprises have a low cost of operation and management, flexible mechanisms, more marketability and strong sense of innovation, so they still perform well under the condition of sluggish market demand.
Reply: promote import and export balance
Wen Jiabao, premier of the State Council, chaired the executive meeting of the State Council on March 28th to study policies and measures to strengthen imports and promote balanced development of foreign trade.
The meeting proposed that we should adhere to the principle of coordinated development of imports and exports, optimize the import structure, stabilize and guide imports of bulk commodities, actively expand imports of advanced technology and equipment, key components and energy raw materials, appropriately expand imports of consumer goods, and identify policy measures to strengthen imports.
This includes reducing the import tariffs on some energy sources and raw materials, and lowering the import tariffs related to the daily life of people who live closely related to people's lives.
In March 31, 2012, the Ministry of Commerce and the ten ministries and commissions jointly put forward the "guiding opinions on accelerating the pformation of the growth mode of foreign trade".
The opinions put forward the general requirements, main tasks, policy measures and mechanism guarantee for changing the mode of foreign trade growth.
The main task of changing the mode of growth is to optimize foreign trade international market, domestic regional layout, and accelerate the construction of foreign trade pformation base.
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Outlook: export growth will continue to slow down.
As the largest and highest level comprehensive international trade fair in China, the Canton Fair has been hailed as a barometer of China's foreign trade development.
According to statistics, in 2012, the spring fair reached more than 210 thousand visitors, a 0.23% increase over the 110th session, a record high, and a total export turnover of US $36 billion 30 million, a decrease of 4.8%.
The data reflect that the current foreign trade development is facing a more severe situation, which indicates that the export growth rate will continue to slow down in the first 4 months in the coming months.
According to the current Canton Fair, there are four problems affecting the development of foreign trade. First, enterprises are generally facing the problem of insufficient orders. The medium term short-term orders account for an important proportion, reaching 86.3%, while the long-term orders over 6 months are very low, only 13.7%.
Emerging markets such as the Middle East and Latin American markets are growing faster, but fewer new orders are needed to make up for the reduced orders in the European and American markets.
Two, faced with the pressure of rising prices of raw and auxiliary materials, rising labor costs, appreciation of the renminbi, financing difficulties and fierce competition in the international market, the development of enterprises is difficult.
Three, during the economic crisis, the demand for international market shrinks, the competition among enterprises is more intense, and the selling price is reduced to compete for orders and customers. The market operation order is more chaotic.
Four, trade barriers in the international market have had a very negative impact on enterprises since the beginning of this year.
It is suggested that the export tax rebate policy should be maintained stable, the export tax rebate progress should be accelerated, the trade organization's mediation role should be exerting actively, the self-discipline of the export market should be strengthened, the market operation order should be maintained, the intermediary and information network services should be established and improved, and the guidance for enterprises to develop the market should be strengthened. Enterprises should change their traditional ideas of policy support, change the business model of quantity expansion, and deal with the difficulties brought by the economic crisis through product, technology, brand and marketing network innovation, perfect operation mechanism and standardized operation, seize the opportunity and accelerate development.
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