Foreign Banks Questioned China'S Foreign Trade Data Fraud

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< p style= "text-align: center >" a spokesman for the Ministry of Commerce said that fluctuations in monthly data were normal.

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Because P is too strong, China's December "a href=" http://sjfzxm.com/news/index_cj.as "foreign trade data < /a" was collectively questioned by foreign banks such as Goldman Sachs.

China's commerce ministry yesterday refuted the accusation that the data were "artificially high".

"Fluctuations in monthly data are normal."

Shen Danyang, a spokesman for the Ministry of Commerce, said the emergence of this phenomenon was caused by such factors as the exportation of enterprises in December.

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The foreign trade data released by the General Administration of Customs (P) recently were described as "unbelievable" by foreign institutions.

According to this statistics, exports in December increased by 14.1% over the same period last year, higher than the 2.9% rise in November, the biggest increase since March 2011, and imports increased 6% after the previous month's zero growth.

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P UBS believes that the growth of export data is inconsistent with the import and export of trade partners. Goldman Sachs and Mizuho Securities Asia pointed out that export data deviated from overseas orders data of manufacturing index.

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< p > it is feared that the data with quality problems but indistinguishable data will mislead the government to make wrong planning and make wrong investment decisions.

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< p > for this, Shen Danyang said that the fluctuation of monthly data is normal.

"This phenomenon has occurred two times before December last year, and in the next two months, there has been a marked fluctuation of over 10 percentage points."

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On the one hand, the whole environment of foreign trade is serious last year, and it is also influenced by holidays and other factors. P

On the other hand, in December, foreign trade enterprises accelerated the progress of export. "By December 31st, the preferential measures for exemption from statutory inspection and quarantine fees in the fourth quarter of 2012 were stopped, and the new charging standards began in January 1st this year. Therefore, enterprises should rush to pport in order to make full use of this preferential measure.

A few days earlier than a few days later. "

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< p > Shen Danyang said that the Ministry of commerce is also analyzing other factors. I believe that these analyses are valid for the December data.

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< p > for the judgment of the new year's foreign trade situation, Shen Danyang admitted that the Ministry of commerce did not dare to take it lightly.

He said that in accordance with the requirements of the central economic work conference, in 2013, it will strive to maintain the national a href= "http://sjfzxm.com/news/index_c.asp" > foreign trade < /a > growth rate and GDP growth rate in general.

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< p > < strong > Q&A < /strong > /p >

< p > < strong > key words 1 < /strong > < /p >

< p > < strong > foreign capital relocation < /strong > < /p >

< p > < strong > the actual use of foreign capital has declined for the first time in the past 3 years, < /strong > /p >

< p > < strong > "no large-scale migration of foreign capital" > /strong > /p >

< p > data released by the Ministry of Commerce yesterday showed that China's actual use of foreign capital declined for the first time since 2009.

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< p > 1-12 months in 2012, the actual use of foreign capital amounted to US $111 billion 720 million, down 3.7% from the same period last year.

In the month of December, the amount of foreign capital actually used in the country was 11 billion 700 million US dollars, down 4.5% from the same period last year.

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< p >, however, < a href= "http://sjfzxm.com/news/index_q.asp" > Ministry of Commerce < /a > stressed that although the relocation of manufacturing industry does exist at present, it is a normal phenomenon, and there is no large-scale outward migration of foreign-funded enterprises.

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Shen Danyang, spokesman of the Ministry of Commerce, said that in 2013, the Ministry of Commerce will continue to actively encourage the use of foreign capital.

The measures to be taken in the utilization of foreign capital have specially put forward ideas in the previous national business working conference.

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As of 2012, China has been the largest developing country to use foreign capital for 20 years as of 2012. Shen Danyang said this indicates that MNCs still have confidence in China's investment environment.

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< p > < strong > key words 2 < /strong > < /p >

< p > < strong > grain crisis < /strong > < /p >

< p > < strong > last year grain imports surged 294.5% < /strong > /p >

< p > < strong > "China's food threat theory lacks basis" < /strong > /p >

< p > China's surging grain imports will trigger the world food crisis. Shen Danyang, spokesman of the Ministry of Commerce, said China's food threat theory lacks basis.

At a regular press conference held yesterday at the Ministry of Commerce, he revealed that in the first eleven months of last year, the import of wheat, corn and rice with a larger growth rate was less than 50%.

The amount of tariff quotas is determined according to safety and international market factors, so the overall import scale is within reasonable limits.

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< p > according to customs statistics, in 2012 1-11, the total number of imports of three major crops, including wheat, corn and rice, was 10 million 775 thousand tons, up 294.5% from the same period last year.

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< p > Shen Danyang said that the reasons for the rapid import of the three products were: first, the increase in the market price at home and abroad, and the increase in the import intention of enterprises, such as the average price of imported wheat dropped by 9.4% per ton, the price of corn per ton dropped by 3.2% over the same period last year, the average import price of rice decreased by 26.5% compared with that of the previous year; second, the enterprises increased the stock of feed grain; third, in the same period of 2011, the imports of these three products were relatively low.

Therefore, in general, it is a normal reflection of enterprise operation and market demand.

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< p > < strong > key words 3 < /strong > < /p >

< p > < strong > EU steel "double reverse" < /strong > /p >

< p > < strong > EU intends to levy the highest 50% countervailing duty on China: < /strong > /p >

< p > < strong > "strongly urge the EU to withdraw unreasonable rulings" < /strong > /p >

< p > the European Commission has confirmed that China is subsidizing its own steel enterprises and recommends that the EU levy the highest countervailing duty on China by 50%.

The Ministry of Commerce yesterday responded that the Chinese side had submitted written defense opinions to the European Union and strongly urged the European side to revoke the unreasonable ruling and terminate the investigation.

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Shen Danyang, spokesman of the Ministry of Commerce, said at a regular press conference held yesterday that although the Chinese enterprises and government fully cooperate with the Commission's investigation and provided a large number of detailed defense pleading materials, the European Commission still ignored the facts and evidence to determine the high dumping and subsidy levels of Chinese enterprises.

"Such a ruling based on unreasonable investigation will seriously damage the legitimate rights and interests of Chinese enterprises."

Shen Danyang pointed out.

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< p > this is not the first time that the European Union has launched an attack on China coated steel.

According to Wang Guoqing, deputy director of Lange Iron and Steel Research Center, with China's second largest export of color coated plates, the EU's anti-dumping in December 21, 2011 and the countervailing investigation in February 22, 2012, China's export of color coated panels dropped from 808 thousand and 200 tons to 546 thousand and 900 tons, a decrease of 32.33%.

"The EU's increasingly intensive dual anti investigation will make China's excess color coated board market face more severe challenges."

Wang Guoqing said.

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< p > < strong > financial morning Tan < /strong > /p >

< p > < strong > every Chinese is a member of the Ning pan dispute. < /strong > < /p >

Pan Shiyi, chairman of COFCO, Changning Gao Ning and SOHO, chairman of micro-blog, China (P), has recently become a popular topic in the forum about how to treat the "eldest son of the Republic".

Pan Shiyi claimed that today's private enterprise executives are not good enough. In the flood of people entering and leaving the country, private enterprises are squeezed by the eldest brother of the central enterprises everywhere. If he can change his status, he will be willing to go to the central enterprise manager.

In the face of the attack, as the chief executive of the central enterprises, Ning Gao sat back to fight. "If I really want to change, no one will change with me."

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Pan Shiyi said that he would like to change his position, mainly from a competitor's point of view of the status of the chief executives of the central enterprises. Perhaps in his eyes, anyone sitting in the position of the central enterprises boss should not worry about the sudden change of policies, nor worry about the shortage of funds. It can be leisurely and leisurely; and the private entrepreneurs in Ning Ning's eyes not only sit hundreds of millions of people, but also live freely, while the state-owned enterprise bosses are not only a wage manager, but also be restricted everywhere, where are the private entrepreneurs living well? < /p > p

< p > > the public says that the public is reasonable. The old woman says that she is reasonable. The former claims unfair market competition, while the latter complain about the strict management of the state-owned enterprises.

Why does this happen? Is this caused by unfair competition in the market or by different management systems? In my view, this is caused by unclear property rights of state owned enterprises and unclear trust responsibility of state-owned enterprises.

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< p > > People's daily (Overseas Edition) recently pointed out that, many times, the high salary "golden rice bowl" of senior executives of central enterprises is regarded as the fat of the central and provincial governments who have aged too large and promoted the hopeless officials, and they have become the treatment of saving old age money and enjoying good fortune. In addition, some central enterprises have high administrative levels and enjoy administrative level recognition. Due to the lack of a perfect professional manager market, the lack of competition mechanism for executive appointments brings a lot of economic and social problems.

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< p > the state and the people should be a community of interests in the public ownership state. State owned enterprises and private enterprises should also be separated from each other in a narrow strip of water.

Today, state-owned enterprises and private enterprises have been divided into two opposing interest classes. They all blame each other and play games.

On the face of it, the debate between the two people of pan and Ning is only a difference between "national retreat" or "national retreat" but behind the whole system is how to balance the issue of income distribution between "big cake" and "cut cake", not just COFCO and SOHO. In fact, every Chinese is a board member in the dispute between pan and Ning.

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