This year's world economy is facing "troubled times", many countries lack their own growth momentum, the U.S. and Europe continued to upgrade the debt crisis, China's foreign trade situation had a greater impact, especially since the recent appreciation of the renminbi growth, some increase in export prices, increased foreign trade frictions "three by" trend presents. how to properly deal with China's foreign economic situation, the foreign trade to maintain a sustained, stable and healthy development, has become an important task.

Growth rate of RMB appreciation

Response and reflection and students

【Background】 since 2005, the RMB has appreciated against the U.S. dollar exchange rate has reached 29% in the United States continue to introduce quantitative easing policy and the debt crisis of the U.S. and Europe continued to "ferment" in the context of the pressure of RMB appreciation will continue long-term overseas exist.

[S] the authority of the Ministry of Commerce Finance Division Director Yuan Xiaoming: In general, importers payment and delivery orders under a certain time lag exists between the renminbi appreciate faster, export enterprises face when receiving the greater exchange losses last year China's export enterprises average profit margin is only 1.47%. RMB revaluation, will further reduce corporate profits, increased costs for SMEs quick, thus weakening the competitiveness of enterprises.

[Expert Weapon China Institute of Contemporary International Relations, Institute of World Economy Fengying: RMB appreciation is not a "plague", but it will export enterprises and related industries have a certain impact, but companies can expand the sources of raw materials, in futures market prices of raw materials in advance lock, flexibility, time price adjustment means to control foreign exchange and other risks, some companies diversify through the settlement money, avoid a loss.

At the same time,RMB appreciation can transform the mode of formation of a "Forced" mechanism to enable enterprises to pay more attention to the Chinese market and accelerate industrial upgrading and restructuring, although this process would be more painful, but you can win a better development.

Part of the increased price of export products

Challenges and opportunities

【Background】 According to Commerce Department data, from January to July this year, the country imports and exports $ 2,022,550,000,000, which exports $ 1.04938 trillion, up 23.4%; imports 973.17 billion U.S. dollars, an increase of 26.9%.'s Foreign trade surplus $ 76.21 billion, down 8.7% in recent three months, some Chinese export price of labor-intensive products showed an incremental reduction of the phenomenon.

[S] the authority of the Ministry of Commerce Vice Minister Jiang Yaoping: incremental export price cut, to some extent reflects the added value of China's export products and export enterprises to improve their bargaining power enhanced, of course, promote the growth of export prices are more factors, Especially this year, raw materials, labor and other production cost factors of rapid growth, the price, quantity, quality and efficiency of foreign trade and other factors should also examine the distinction between specific industries and products.

[Expert Weapon China Foreign Exchange Investment Research Tan Yaling: Currently, the debt crisis of the developed countries, including China, to the vast challenges of emerging market countries is increasing. China's foreign trade is facing sluggish external demand, rising costs of centralized, international competition multiple pressures intensified in this context, strengthening brand awareness, improve quality and efficiency of foreign trade goods, and innovation, and promote foreign trade growth pattern is an important way.

Increased trade friction

Rights and transformation simultaneously

【Background】 In 2010, China experienced 64 trade friction, theInvolving about 70 billion U.S. dollars, becoming the biggest victim of trade friction and the World Bank released a report, even though China's exports account for less than 10% of the world, but 47% of new global trade remedy investigations initiated and 82% completed cases are related to China in addition to Europe and the United States anti-dumping investigations, from Argentina, India and other developing countries, trade protection measures quietly debut. trade friction has been shown to spread from developed to developing countries, from low value-added products tends to spread to high-end products.

[S] the authority of Ministry of Commerce of Import and Export Fair Trade Bureau, Zhou Xiaoyan: The world economic recovery is slow and tortuous, and countries compete for the international protection of the Chinese market will become increasingly fierce market competition, while, as more and more developing countries into economic globalization, international division of labor, the Chinese part of the industry and developing industry homogeneity firmer, competition was extended, there would be trade friction. Overall, China has inevitably entered the era of international economic friction.

[Expert Weapon China Institute of World Economy and International Development Minister Jiang Yuechun: the face of trade friction, companies need to have a positive response to the "tricks." The first is determined to use legal weapons to safeguard their legitimate rights and interests, actively responding. Second is to accelerate product upgrading, expansion of multi-market, from "low-cost, low-cost, low technology" export model, turning an internationally competitive high-tech, high value-added product development path. In addition, companies can also "go out" overseas factories, etc. to avoid trade friction.

This articlesource:China Trade Information (http://en.zgxu.com),please refer to the above Web site for more.