Industry Exports Are Mixed With Commodities Imports.

In 2015, facing the complex and changeable domestic and international environment and economic downward pressure, light industry enterprises met difficulties and actively promoted pformation and upgrading, thus maintaining export stability.

Light industry in China in 2015

Total imports and exports amounted to US $770 billion 440 million, down 7.4% from the same period last year.

Among them, exports amounted to 631 billion 850 million US dollars, accounting for 27.8% of the total merchandise exports of the country, down 4.5% from the same period last year, and the decline is 1.7 percentage points higher than that of the national merchandise exports.

Industry exports are mixed.

In the traditional export market of light industrial products, exports to the United States increased rapidly, the emerging markets showed differentiation, and the share of the export countries along the "one belt and one road" accounted for about 1/4.

Exports to the United States increased rapidly, with an export volume of US $153 billion 950 million, an increase of 11.8% over the previous year, much higher than that of other traditional markets. The export growth of the EU slowed down, with exports of US $115 billion 240 million, an increase of 0.6% over the same period last year. The growth rate of exports to emerging markets such as Latin America, ASEAN and Africa dropped significantly, up 4%, 1.8% and 4.2%, respectively. The exports to Brazil and South Africa decreased by 12.5% and 4.1% respectively.

Exports of Japanese and Russian exports fell by 6.9% and 40.2%, due to the sharp depreciation of the yen and rouble.

The total export volume of the countries along the belt and road is 161 billion 230 million US dollars, accounting for 25.5% of the total exports of light industrial products.

commonly

The share continued to grow, but the growth rate dropped, and the processing trade dropped sharply.

General trade exports of light industrial products accounted for 400 billion 230 million US dollars, accounting for 63.3% of total exports, representing an increase of 3.8 percentage points compared to 2014, a slight increase of 1.6% over the same period last year, down 4.4 percentage points compared with the same period in 2014. The export volume of processing trade was 154 billion 250 million US dollars, accounting for 24.4% of total exports, representing a decrease of 5.4 percentage points, a decrease of 21.9% over the same period last year, an increase of 29.1 percentage points over the same period in 2014.

The proportion of exports in the eastern region increased, and the export growth in the central and western regions decreased.

The eastern region accounted for 83.9% of the total exports of light industry, and the proportion of exports in Guangdong increased by 5.4%. The export volume in the central region dropped by 16.2% over the same period last year, accounting for 7.5% of total exports. In addition to the slight increase in Jiangxi and Anhui, other provinces declined to varying degrees. The western region's exports decreased by 22% over the same period last year, accounting for 8.6% of the total export volume, except for Guangxi and Qinghai.

The export of private enterprises is better than that of state owned enterprises and foreign-funded enterprises.

Light industrial products export enterprises total 19.6, an increase of 3.9% over the same period.

Among them, the export volume of private enterprises was 386 billion 440 million US dollars, down 3% from the same period last year, accounting for 61.2% of total exports. The export volume of foreign-funded enterprises was 198 billion 760 million US dollars, down 6.9% from the same period last year, accounting for 31.5% of total exports. The export volume of state-owned enterprises was 45 billion 430 million US dollars, down 6.5% from the same period last year, accounting for 7.2% of total exports.

Bulk

Export performance is mixed and mixed.

The export volume of ceramics and toys was 26 billion 10 million US dollars and 15 billion 660 million US dollars respectively, the export grew faster, increased by 17.8% and 10.8% respectively, and the watches and clocks and their accessories increased by 8.3%.

Furniture exports amounted to US $53 billion 530 million, an increase of 1.6% over the same period last year, and exports of luggage and bags increased by US $28 billion 170 million, up 3.9% over the same period last year.

The decline of jewelry was most obvious, the decline was as high as 55.3%; drawnwork decreased by 25.8% compared with that of the previous year, and the export volume of footwear products was 53 billion 530 million US dollars, down 4.8% from the same period last year.

Import of commodities

In 2015, imports of light industrial products amounted to 138 billion 590 million US dollars, accounting for 8.2% of the total merchandise imports of the country, down 18.8% from the same period last year. The decline is 4.6 percentage points higher than the national merchandise export volume.

Imports of commodities have been reduced.

Among the commodities, only paper pulp, bags, footwear, toys and grass and willow Taketo imports increased. They imported 22 billion 86 million US dollars, US $1 billion 763 million, US $2 billion 749 million, US $497 million and US $47 million respectively, up 1.65%, 4.63%, 19.70%, 39.27% and 12.14% respectively.

Domestic demand is insufficient and international imports are weak.

Imports from the European Union, US $24 billion 209 million, fell by 10.51% compared to the same period last year; imports from Japan, US $16 billion 833 million, fell by 8% compared with the same period last year; China's re exports of US $14 billion 560 million, down 10.09% compared to the same period last year; the US imports of US $13 billion 606 million, down by 1.52% compared with the same period last year, and the import of 11 billion 439 million dollars from South Korea decreased by 46.96% over the same period last year.

The effect of import tax reduction is remarkable.

Since June 1, 2015, China's provisional tariff rate has reduced the import tariff rate of daily consumer goods such as skin care products, diapers, shoes, etc., with an average decline of over 50%, and imports of related products increased significantly.

Skin care products imported from Korea and Japan have increased rapidly.

In 2015 6~12, the tariff reduction of skin care products imports was 1 billion 672 million US dollars, up 45.52% over the same period last year.

From the point of view of import sources, France, Korea, the United States, Belgium and Australia account for a relatively large proportion and maintain rapid growth.

In recent years, Korean and Japanese cosmetics and skincare products have made remarkable effects in cultivating the Chinese consumer market. Since the tax reduction, the number and price of cosmetics and skincare products exported to China and Korea have been markedly differentiated.

Paper diapers are subject to lower taxes and lower domestic prices.

In 2015, the total imports of diapers for 6~12 months decreased by US $808 million, an increase of 67.32% over the same period last year, and import prices grew by 3.83% over the same period last year.

Foreign shoe companies responded quickly, boosting the rapid growth of footwear imports.

In 2015, 6~12 month tax reduction footwear imports amounted to US $69 million 825 thousand and 200, an increase of 94.95% over the same period last year.

Among them, imports from ASEAN countries accounted for 57 million 485 thousand and 600 US dollars, accounting for 82.33% of total imports, an increase of 173.02% over the same period last year, and foreign-funded enterprises imported 61 million 494 thousand and 400 US dollars, accounting for 88.07% of total imports, up 125.78% over the same period last year.

The substantial increase in footwear imports is mainly due to the pfer of some of its capacity from China to Southeast Asian countries, and the use of tax cuts to increase imports of footwear from its Southeast Asian factories.

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Multiple factors restriction

The factors that affect the development of light industry and foreign trade include the following problems: the low external demand and the rising of comprehensive cost.

The overall recovery of the global economy is sluggish and the sluggish demand in the international market is still a major factor affecting the export of light industry in China.

In 2015, the world economy is still in the deep adjustment period after the outbreak of the international financial crisis. The global total demand is sluggish, which directly affects the export of light industrial products in China.

Orders are fragmented, and profits of export companies are squeezed.

The sluggish demand in the international market, the fragmentation of orders, the fatigue of the world economy and the fierce international competition have led to lower product quotes, while the increasing domestic production cost has weakened the profits of enterprises.

When the RMB appreciates, the profits of enterprises are squeezed. When the RMB depreciates, the enterprises have not been able to enjoy the benefits because they have basically locked the exchange rate, instead, they have affected buyers' expectations and lowered the price of new orders.

The problem of financing difficulties is still outstanding.

Enterprise financing is still difficult, with few channels, high threshold and high cost.

There are bottlenecks in the development of cross-border e-commerce, and the ability of enterprises to use the platform is weak.

The cross-border electricity supplier industry is easy to enter, and performance improvement is difficult.

The demand for cross-border e-commerce training of traditional foreign trade enterprises is hard to meet.

The relevant policies have not been implemented, and export tax rebates, intellectual property rights protection, credit insurance, payment methods and other problems have affected the development of cross-border electricity providers.

The international trade friction is constantly increasing and the export resistance of enterprises is increasing.

Under the situation of global external demand, all countries are committed to expanding exports. International trade barriers have been further expanded, and Global trade protectionism has risen. Foreign trade frictions against light industrial products in China have increased year by year, which has become a major obstacle to the export of light industrial products in China.

Lack of innovation capability and frequent infringement of intellectual property rights.

Most light industry products are homogenized.

Industry access and market supervision are not suited to the needs of enterprises' independent innovation.

Faced with difficulties, light industry enterprises are bold and innovative, and have made new breakthroughs in pformation and upgrading, enhancing the new advantages of foreign trade competition.

"Machine substitution" and the application of Internet of things improve efficiency and lean production.

Many enterprises have increased investment in R & D, enhanced core competitiveness and accelerated integration into the international market. Many foreign trade enterprises have focused on the domestic consumer market with huge potential and domestic and foreign trade.