The Transformation Of China's Foreign Trade
Although the agricultural imports and exports in the proportion of total foreign trade volume is not high, but the rapid growth in recent years
. According to statistics of China Chamber of Commerce Sipintuchu, January 2011 to July, import and export of farm products amounted to 83.33 billion U.S. dollars, up 28.9%, exceeding the overall increase in Chinese imports and exports by 3.8 percentage points. Among them, export $ 33.22 billion, up 28.7%; imports $ 50.11 billion, an increase of 29.1%.
However, with the textile clothing export enterprises like, food is also very thin profits of export enterprises, the industry average profit margin of only 3% to 5%. Therefore, the soil food exporters to exchange rate changes in the affordability and cost-weak. The first half of this year, accelerating the pace of RMB appreciation, Resveratrol the domestic inflation led to food price increases of raw materials, coupled with rising labor costs, many companies have suffered losses. Many food export enterprises have been a long soil not received a single, export volume increase but rather decrease in the profits.
In order to avoid exchange rate risk, most companies today to take a short single-oriented; the face of weak external demand market, and some companies began to make great efforts to fought in the domestic market, R & D for domestic consumers taste of food. However, experts estimate that in the appreciation of the renminbi and the dual pressures of rising production costs, China's food export enterprises External and internal conditions probably will be long lasting.
Overall, exports of medicine and health products the situation is better than Sipintuchu products. Medicines and Health Products Import and Export from China Chamber of Commerce data show that in January 2011 to June, China's medical equipment amounted to $ 12.051 billion imports and exports, up 58.15 percent; Chinese commodities import and export $ 1.438 billion, an increase of 41.43% ; Western products import and export volume reached $ 21.056 billion, Plant extracts an increase of 31.19%, an increase of over 2010 full-year increase of 5.74 percentage points, to maintain the momentum of rapid development. Meanwhile, the Western import and export prices rose an average of 11.43%, which reflects the market demand for Western products is growing steadily, Chinese medicine products exports are expected to maintain rapid growth rate.
Although raw material prices and exchange rate appreciation also brought some pressure to the enterprise, but experts predict that China is still in medicine and health products export growth stage, in the low-end market has some competitive, so the second half of the import and export pharmaceutical raw materials industry will still remain rapid growth.
"This year, the United States, Japan, the European Union market, the three major world economic downturn in China's foreign trade has brought some difficulties." Beijing Technology and Business University Professor Hong Tao, this year, the U.S. first quarter economic growth 0.4%, the first in the second quarter of 1%; negative growth in the Japanese economy; EU economic growth, there have been slow phenomenon. Based on this international environment, China's export trade is facing serious constraints. "China's foreign trade second disadvantage is that the yuan's appreciation, the yuan's appreciation is to curb exports, due to faster appreciation of the renminbi, or unfavorable for China's exports, but the yuan's appreciation is beneficial imported from another perspective said that the RMB appreciation on China's trade is also a positive factor. "Tao said.
China's export strategy in recent years there has been a wide range of trends, such as China to Russia's trade growth in recent years is relatively fast. In addition, China's imports for domestic consumption, the impact of trade is relatively large, China's import trade makes the domestic consumer market is very active, Docetaxel especially in the consumption of foreign luxury goods far exceeds domestic consumption of luxury goods. Last year, consumption of luxury goods overseas Chinese nationals in the amount of $ 50 billion, so the increase in domestic consumer demand will drive part of the import trade.
Hong Tao said China's import trade in the first half of this year, well, there will still increase in the second half. In addition, in the second half, China's foreign trade structure, there will be some adjustments. In other words, China's foreign trade ratio will be adjusted. But in total trade volume, China will remain growth.
by: anelwew
China Footwear Market Hovering For Incredible Growth How To Choose Suppliers From China? The Development Of China's Cosmetic Industry Is Speed Up Drunk Driving Was Rampant In China China Eastern Containers- The Biggest Container Manufacturer In China Suddenly Hands In The South China, The Philippines Did Not Expect Beijing To The Hand! Brief Of China Metal Foundry Industry Development Of Northeast Pharmaceutical Industry Cluster Needs Integrated In China Ladies Wear Driving China Apparel Industry China Vacation Packages Give You The Opportunity Of A Lifetime Find Out Why China Tours Are So Popular European Debt Crisis On China's Influence Increases Cm-ims Converged Communications Help China Mobile To Achieve