• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    Clothing, Textiles, Footwear And Other Industries Will Usher In A New Round Of Upward Trend.

    2016/5/13 15:39:00 37

    ClothingTextilesFootwearExports

    In the first 4 months, clothing, textiles, footwear and other 7 categories of labor-intensive products totaled 855 billion 200 million yuan, an increase of 2.2%, accounting for 20.7% of the total value of exports.

    This shows that China has certain competitive advantages in labor-intensive products.

    Foreign trade has little impact on domestic economic growth, but it may have a significant impact on exchange rate and inflation.

    In terms of inflation, China imports large quantities of commodities. If its price rises, it may lead to imported inflation.

    In terms of exchange rate, if the export growth is low and the import growth is negative and positive, the trade surplus will decrease, which may trigger the expectation of RMB depreciation.

    We should anticipate the relevant situation and establish a corresponding buffer mechanism.

    According to the data released by the General Administration of Customs in May 8th, the export volume increased by 4.1% in the month compared with the same month in April, but the cumulative decline was 2.1%, while the import volume dropped 5.7% in the same month and 7.5% in the same month. The surplus in the first 4 months increased by 15%.

    Compared with consumption and investment, net exports have little impact on steady growth, but foreign trade data still deserve our attention, especially from the perspective of exchange rate and inflation.

    Cumulative export

    negative growth

    It is dragged down by the slowdown in global economic growth.

    In the latest issue of the global economic outlook, the International Monetary Fund lowered the global economic growth rate by 0.2 percentage points to 3.2% in 2016 and lowered the growth rate of international trade by 0.3 percentage points to 3.1%, reflecting the increasing uncertainty this year.

    Against this background, the recovery of China's exports is bound to face a complex situation.

    but

    Exit

    There are also some good signs.

    In the first 4 months, clothing, textiles,

    footwear

    7 categories of labor-intensive products, such as the total export of 855 billion 200 million yuan, an increase of 2.2%, accounting for 20.7% of the total value of exports.

    This shows that China has certain competitive advantages in labor-intensive products.

    In the past few years, due to the rise in labor costs and the appreciation of the renminbi, these industries have encountered relatively large difficulties and their share in the global market has decreased.

    With the end of the RMB appreciation cycle and the slowdown in labor cost growth, the situation of these industries will be improved, and it is expected that the pformation and upgrading and industrial pfer will be carried out more calmly.

    In addition, in April, the export volume of mechanical and electrical products and high-tech products decreased sharply compared with the previous year, and the export volume of integrated circuits increased even higher, indicating that the recovery of exports could be expected.

    The trend of commodity prices will have a significant impact on this year's foreign trade data.

    This will first be reflected in the import side. Low commodity prices will keep China's imports in negative growth; if its price rises, it may push China's import growth rate from negative to positive.

    In addition, this will also affect the export of our country. If commodity prices keep low, many emerging market economies will be in a predicament. China's exports will probably be low or even negative growth. Conversely, if prices rise, the situation of China's exports will probably improve.

    Judging from the price of crude oil, this year reached a low level in January and February this year, followed by a wave of rising prices, but it has not yet exceeded the level of the same period last year.

    It can be predicted that crude oil prices will decline year-on-year in the first half of this year, and that the situation may change in the second half of the year, because the base of the second half of last year is relatively low, and it is possible that there will be a year-on-year rise.

    The future trend of crude oil price is affected by supply and demand, and demand growth is weak. In terms of supply, it is difficult for OPEC countries to cut production, but non OPEC countries may lose output.

    In addition, the price of commodities is also affected by the US dollar trend, and the impact of the US dollar trend is even bigger than that of supply and demand.

    The recent rise in commodity prices has much to do with the weakening of the Fed's rate hike and the decline in the US dollar index.

    Will the Federal Reserve raise interest rates in June? In the first quarter, the US economy grew by only 0.5%, and the number of new non-agricultural employment decreased for two consecutive months, which reduced the possibility of raising interest rates by the Federal Reserve in June.

    But if commodity prices continue to rise, they will push up inflation in the US, and the Fed will feel the urgency of raising interest rates.


    • Related reading

    China'S Export Of Linen Garments And Its Negative Growth

    Comprehensive data
    |
    2016/5/4 20:30:00
    47

    In March Cotton Imports Continued To Decline, And Their Strength Gradually Lost.

    Comprehensive data
    |
    2016/4/29 20:52:00
    73

    China'S Textile And Clothing Exports Look Dangerous In The Second Quarter.

    Comprehensive data
    |
    2016/4/29 15:15:00
    61

    Printing Yarn Competitiveness Is Getting Warmer And Industry Matching Is Gradually Improving.

    Comprehensive data
    |
    2016/4/25 21:58:00
    14

    Imports Of Large Commodities And Export Trade Are Mixed.

    Comprehensive data
    |
    2016/4/16 10:07:00
    29
    Read the next article

    PTA Is Expected To Remain Strong In The Short Term.

    Generally speaking, 3-5 months is the traditional peak season for polyester, and the impact of G20 summit and environmental governance factors will lead to increased production and higher operating rate in the first half of this year.

    主站蜘蛛池模板: 国产h视频在线| 真实国产精品视频国产网| 最近最好的中文字幕2019免费| 性欧美熟妇videofreesex| 国产精品亚洲а∨天堂2021| 亚洲欧美色中文字幕在线| 中文字幕精品一区二区2021年 | а√天堂中文最新版地址bt| 成人免费视频网站www| 最近中文字幕在线中文视频| 国产成人精品免费视频大全| 亚洲线精品一区二区三区| 一级毛片在线免费播放| 露脸自拍[62p]| 校草被c呻吟双腿打开bl双性| 夜夜揉揉日日人人青青| 同学浓精灌麻麻| 三上悠亚中文在线| 色综合天天综合网看在线影院| 把数学课代表按在地上c视频| 午夜老司机免费视频| 久久97久久97精品免视看秋霞| 91精品全国免费观看含羞草| 福利视频第一页| 在线日本中文字幕| 人禽无码视频在线观看| 97国产在线视频| 欧美fxxx性| 国产午夜福利久久精品| 亚洲AV无码一区二区三区网址| 91福利一区二区| 欧洲成人午夜精品无码区久久| 国产国产在线播放你懂的| 久久这里只精品99re免费| www卡一卡二卡三| 欧美日韩国产高清视频| 在厨房被强行侵犯中文字幕| 亚洲国产天堂久久综合| 97公开免费视频| 果冻传媒麻豆电影| 国产一级理论片|