China International Economic and Exchange Center of the Secretary-General, Ministry of Commerce Wei Jianguo, vice minister of the original 28 in 2011 (third) China's" business Mulan" will be gaps in interview with this reporter, said that the situation is not optimistic about this year's foreign trade, export growth may fall to single digits.
EU economy recession, is the main reason for Wei Jianguo made the judgments. Wei Jianguo said the EU countries in the economic recovery is weak, weak demand, Chinese exports will have a greater impact.
Furthermore, rising cost of raw material prices, the strong expectation of RMB appreciation, foreign trade enterprises highly squeezed profit margins, but also an important factor in driving down export growth. Wei Jianguo pointed out that there is a result of these uncertainties, the Canton Fair in the spring of this year, export orders to show enterprises generally cautious.
" small profitability of foreign trade enterprises generally only 3 to 5 percentage points, the more complex external situation, the more cautious business orders." Wei Jianguo said that the choice of enterprises will also be a direct reflection of the slowdown in exports.
export slowdown at the same time, import growth is expected to remain high. Wei Jianguo that strategy in China to expand imports, the import growth this year is still expected to remain at double-digit, making the overall growth rate of imports and exports remained at double-digit levels. Ministry of Commerce released a report recently pointed out that China's foreign trade growth this year slightly lower than last year.
exports slow imports fast, it will further reduce China's trade surplus. Wei Jianguo is expected, although individual months of this year there will be a deficit, but the full year, still account surplus," predicted that the annual surplus in the 50 to 100 billion U.S. dollars between."
The Commerce Department report also noted that in China, increasing demand expand the import policy support and international market factors such as rising commodity prices together, import growth is expected to continue faster than exports, trade balance will improve.
This chaptersource:China Trade Information (http://en.zgxu.com),detailed reference to the above website.