Home >

Closing Of The Canton Fair: EU Demand Is Still Insufficient

2013/5/6 23:09:00 21

Canton Fair Closing Conference News Canton Fair Turnover Canton Fair And Foreign Trade Development

the "barometer" of China's foreign trade, the Canton Fair, shows that although the "dark clouds" hanging over foreign trade are beginning to fade, it is still too early to say "clear up".

5, from the closing news conference of the 113rd Canton Fair, reporters learned that the number of participants and export pactions of the Canton Fair purchasers in the Canton Fair had a certain recovery growth compared with the 112nd session, but it was still down compared with the same period (compared to the 111st session), and has not yet returned to the level of the spring fair.

"although from the first quarter customs statistics, China's foreign trade performance is better than that of the same period last year, but the shortage of external demand has not been fundamentally improved, and the cost of labor, land and other factors has increased. Difficulties in financing, financing, and RMB appreciation still exist. Trade frictions have intensified, and the pressure on foreign trade development has not been fundamentally alleviated."

Liu Jianjun, deputy director of the China Foreign Trade Center, said at a news conference.

American purchasers increased slightly in EU demand.

official statistics on the closing day show that 202766 purchasers from overseas countries from 211 countries and regions have increased by 7.06% over the 112nd period, a decrease of 3.83% over the 111st period.

Liu Jianjun said that compared with the previous session, the number of purchasers showed a "restorative growth", and the number of overseas buyers increased to 134.

Last year, the number of overseas purchasers came to less than 200 thousand under the influence of domestic and international economic situation, purchasing season and religious festivals.

in the developed economies, the US economy is showing signs of warming, which has led to a small increase in the number of participants. The US purchasers in the Canton Fair increased slightly by 0.9%, down 5.4% compared to the same period last year. The European Union was affected by seasonal factors and the European debt crisis, and the market demand was still insufficient. The trend of the buyer's decline was 8.26% and 8.48%, respectively. The number of Japanese buyers who had a sharp decrease in the last event due to the Diaoyu Islands event has resumed growth this year, a growth of 8.2%, a decrease of 12.1% over the same period last year.

emerging markets maintained good growth.

Buyers of BRICs (India, Brazil, Russia and South Africa) increased by 23.2% and 3.6% respectively in the year-on-year and year-on-year growth rate. The number of people attending India for the first time exceeded 10 thousand, due to the improvement of domestic economic situation and the purchasing season. The purchasing power of Africa and the Middle East has increased significantly by 29% and 12.3%, respectively, due to factors such as the purchasing season.

however, some markets have not seen any anticipated growth.

The number of ASEAN purchasers dropped by 0.7% and 6.1% respectively compared with the same period of last year. Liu Jianjun said it was because ASEAN took the low end manufacturing industry pfer, had a good advantage, and had a strong substitution for domestic products; after the 7 consecutive growth, the number of participants dropped; as the traditional market and the largest source area for the export of the mainland of China, the Hongkong area of the Canton Fair reduced 5.2% to the number of visitors, reducing 1282 people, accounting for 19% of the total number.

for the reduction of the number of purchasers in Hongkong area, Liu Jianjun analyzed that with China's accession to the WTO, liberalization of Global trade and diversification of the market attracted more buyers from more countries and regions. Hongkong's advantages as a traditional source country continued to drop. In addition, many Hongkong buyers were very familiar with the Canton Fair, not necessarily every session, nor did they necessarily trade with mainland China through the Canton Fair.

export turnover is increasing, decreasing year by year

in addition to the resumption of the number of purchasers, the export turnover of this Canton Fair is also better than that of the previous session.

The total export turnover of the Canton Fair was 35 billion 540 million US dollars, an increase of 8.8% over the same period, down 1.4% from the same period last year.

the growth rate of the European Union, the United States and Japan increased by 6.3%, 9.9% and 38% respectively, down 4.9%, 0.5% and 12.6% respectively from the same period last year. The growth rate of the BRIC countries (India, Brazil, Russia and South Africa) increased by 6%, up by 5.2% over the same period last year, and the growth rate in the Middle East was 10%, an increase of 3.8% over the same period.

it is noteworthy that the ratio of short to medium term accounts for a high proportion, and the proportion of long and single bills is still low.

The short list accounts for 48.6% in 3 months, 35.1% in 3-6 months, and 16.3% in 6 months.

Reflecting the impact of the financial crisis, buyers are still cautious about placing orders. Domestic enterprises are worried about the price of raw materials and exchange rate fluctuations.

"the buyers and sellers of the Canton Fair will meet the expectations of my press conference at the opening ceremony: they will stabilize and expect to achieve a resumption of growth."

Liu Jianjun said that the US economy has slowly recovered and the European debt crisis has entered a controllable stage. Japan's quantitative easing policy has a stimulating effect on the economy in the short term. The efforts made by the emerging economies in controlling inflation and controlling the economic downturn, as well as the series of policies launched by the state last year to stabilize the growth of foreign trade, have contributed to the resumption of the growth of the purchasers and the export pactions of the Canton Fair.

although the export turnover of this Canton Fair has resumed growth, it has not yet reached the level of the 111st Canton Fair.

Liu Jianjun said that the external environment of China's foreign trade development is still complicated. Overall, the foundation of world economic recovery is still not solid, and new growth momentum has not yet been formed. Enterprises still face many difficulties, such as insufficient market demand, rising production cost elements, intensified competition, and protectionism in some countries and regions.

"at this fair, many enterprises call on the government to maintain the continuity and stability of the foreign trade policy, and continue to implement the policies and measures for the steady growth of foreign trade."

Liu Jianjun said that on this basis, in the long run, we should speed up the pformation and structural adjustment of foreign trade development, encourage enterprises to increase investment in technological innovation, improve product quality and grade, establish an international marketing network, actively explore new markets, and strive to cultivate new advantages in foreign trade competition.