subject: China's Export Of Electromechanical Products Decreased The Growth Potential - Mechanical And [print this page] 2008 11 , China's export of electromechanical products has been negative growth for three consecutive months, three months, exports fell 4.8%, 8.2% and 20.9%, had not been for the past 20 years. China's foreign trade accounts for half of the "quality products" and suffered a great shock.
Customs statistics, in January 2009 China's import and export of machinery and electronic products 75.34 billion U.S. dollars, down 28.4%, with exports 49.14 billion U.S. dollars, down 20.9%, accounting for exports accounted for 54.3%. The year 2008, China's export of electromechanical products 822.9 billion U.S. dollars, up 117.3 percent, accounting for 57.6% of foreign trade, the contribution of foreign trade growth rate of 57%.
1 sharp drop in export of electromechanical products and the Spring Festival holidays factors, mechanical and electrical products, especially IT products fell faster than general merchandise, indicating the United States, Europe, Japan and other developed economies of the buyers after suffering financial crisis, consumer confidence and purchasing power to hurt. At the same time, China's emerging market and developing countries is also difficult to increase exports.
The Ministry of Commerce expects the first half of 2009, export of electromechanical products to a wide margin of negative growth. Although the global financial crisis caused by mechanical and electrical products sharp contraction in foreign demand, but these products are still the most growth potential in China goods. As most of China's original low-end products produced, relatively large rigid demand, so with Japan, South Korea, the production of high-end electronic products, compared the impact on relatively small, particularly in the domestic implementation
Appliances to the countryside Policy, for many enterprises to provide greater maneuvering space.
According to WTO statistics, in 2008, China Machinery and Electronic Products in the United States, Japan and other major market share steadily, exports are down, but its market share rise, not fall, indicating that mechanical and electrical products in China with strong competitiveness and growth potential. In addition, Africa, Asia and other developing countries and emerging markets are still large demand for machinery and electronic products in China, which China's power equipment, communications equipment, transportation equipment and other infrastructure needs of large complete sets of equipment.
Affordable products in the consumer squeeze more likely to become the first choice of consumers, but different companies have their status in the international division of labor, industry chain length and its own R & D, manufacturing and marketing capabilities different from the financial crisis influence and ability to absorb risk varied significantly. At present, engaged in manufacturing low-end part of the "shop" companies were hardest hit, followed by weak R & D innovation, the lack of independent brands and the marketing network of manufacturing companies, but with our own brand, research and development and initial set up international marketing networks the impact of marketing-oriented enterprises are relatively small.
From the development of foreign trade in the long run, to turn pressure into motivation, speed up restructuring, independent innovation, China's export of electromechanical products to achieve a fundamental change in development mode.
