present, the Chinese faced by exports and opening up foreign investment in the main steering import and export, both foreign investment and foreign investment the new situation, this," second Five-Year" Plan proposed to be open to implement a more proactive strategy, and continuously expand new areas and open space. In this new open strategy, it is important to optimize the structure of foreign Trade, accelerate the transformation of foreign trade growth, while the" introduction" and" going out" , we improve the safe and efficient use of the two markets and resources ability.
from just published in the first quarter of this year, macroeconomic data shows that China's external trade structure and the use of foreign investment, etc., some positive changes are taking place, and this trend signal changes caused by more and more cause for concern.
optimize foreign trade structure must Afterburner
customs data show that a quarter of China's total import and export 800.3 billion U.S. dollars, up 29.5% over last year. Exports 399.64 billion U.S. dollars, up 26.5%; imports 400.66 billion U.S. dollars, up 32.6% in the first quarter total of 1.02 billion trade deficit occurs.
While for the first time in 6 years a wide variety of seasonal deficit judge, but the pressure of RMB appreciation in the current inflationary pressures are greater and so the Chinese case, the deficit or the emergence of positive significance. In accordance with the Minister of Commerce Chen Deming said" the restructuring of China's foreign trade through increased imports, especially efforts to expand imports from the major surplus countries to adjust," the emergence of the deficit not only in China," steady export, import expansion, reducing surplus" foreign trade policy, economic restructuring is the initial manifestation in the trade area.
fact , the emergence of the first quarter trade deficit, mainly from the expansion of import growth. Strategy through the promotion of free trade zone and accelerate the implementation of facilitation measures to promote imports, the scale of China's imports last year exceeded billion dollars in March this year in March reaching a new high of 150 billion U.S. dollars; the same time, import growth since October last year for 5 months higher than export growth. However, the emergence of trade deficit for the first quarter, most experts have said the" temporary" , the future surplus will tend to rise. Ministry of Commerce spokesman Yao said in an interview last year, the trade surplus accounted for 3.1% of GDP, accounting for about a continuing decline in the performance of the economy as a more reasonable range," This year this figure will further shrink."
Although the expansion of imports are on the macroeconomic balance and to play its important role of structural adjustment, trade balance, help to optimize the structure, but some experts point out that the key is to optimize the trade structure from scale expansion to improve quality and efficiency to the shift from cost advantage to the overall competitive Advantage. On the one hand to maintain the existing export competitiveness, accelerate the development of technology, brand, quality and service as the core competitiveness of the new advantages, should greatly enhance the other hand, the combined effect of imports.
from quarter of the import and export product structure, processing trade exports grew 21.6%, accounting for 46.2% share of total exports, down 1.8 percentage points; general trade exports rose 31.7%, the proportion of total exports of 0.3 percentage points higher than the processing trade. While imports expanded resources is reflected in the rising values increase in volume products. In response, Yao said:" The terms of trade changes, especially due to price changes than we would like to see trade deficit, which requires our attention."
At present, China's foreign trade structure optimization Despite some progress, but from the overall strategy goals are a long way to go.
use of foreign capital and foreign investment to be both
according to Commerce Department statistics, from January to March this year, China actually used foreign capital amount of $ 30,340,000,000, an increase of 29.4%. The manufacturing sector foreign investment actually used 13.74 billion U.S. dollars, up 23.6%; services actual use of foreign investment 14.39 billion U.S. dollars, an increase of 36.4%. Actual use of foreign service sector grew faster than nearly 12 percentage points in the manufacturing, services account for the actual use of foreign capital over the same period the proportion of the national total rose to 47.4%, exceeding the 45.3% share of the manufacturing sector.
Furthermore, regional distribution of foreign investment from the national situation, the western region the actual use of foreign investment 2.33 billion U.S. dollars, up 84.1%, higher than the level of last year, accounting for the proportion of the total actual use of foreign capital rose to 7.7%, exceeding the proportion of the central region 6.8%.
data Last year, a breakthrough of billions of dollars of foreign investment in China, after the United States, ranking second in the world. From a structural point of view, mainly due to the rapid growth in central and western regions to attract foreign investment service industry and the substantial growth, an increase of 28.6% and 27.6%, indicating that foreign investment in China in the use of industry structure, regional structure has achieved positive results . In accordance with the" Twelve Five" plan request, simply pay attention to the introduction of foreign capital from foreign investors pay more attention to improve the quality of the number of changes to give full play to foreign investment in the promotion of independent innovation, industrial upgrading and coordinated regional development role. China will encourage foreign investment in high-tech, green, low carbon, modern agriculture and other fields, the expansion of productive services and health care, education, tourism and other areas to the outside world.
" introduction to" the same time to" go out." The first quarter of this year, China realized a total non-financial overseas direct investment 8.51 billion U.S. dollars, an increase of 13.2%." Going out" strategy is determined by their stage of development. Especially in the current foreign exchange reserves than 3 trillion U.S. dollars, the central bank base money caused by excessive pressure of the situation, how to manage good use of this wealth is more practical significance. Some people, for example, Germany's annual export volume of China's, but only a few hundred billion dollars of its foreign reserves, and the reason is" going out" Well done. In response, Chen said that China should seize the historic opportunity to build new mechanisms for cooperation and collaboration platform to promote foreign investment enterprises to actively carry out cooperation in order to further expand China's external development. Data show that in 2010 China's non-financial foreign direct investment has reached 59 billion U.S. dollars, and then compared with 100 billion U.S. dollars of foreign investment, a level close to 6:10. According to this trend, 5 to 10 years, China will gradually realize capital" bringing in" and" going out" basic balance.
However, Aluminum from the recent China, Huawei, Bright Dairy and other overseas acquisition failures, we must also soberly aware that Chinese enterprises" going out" is facing enormous challenges and risks. To this end, the experts pointed out that in skillfully control the case of international business rules efforts to increase cross-border mergers and acquisitions to achieve the key strategic assets and increase their value, a Chinese company in the current and future period of time required course.
This articlepublished in published in the:China Trade Information (http://en.zgxu.com),In this paper.