Customs data show China import and export value in August to $ 328.87 billion, an increase of 27.1%, of which 24.5% growth in exports and imports by 30.2%, month surplus of $ 17.8 billion. Experts said that although year on year growth rate of imports and exports in August optimistic , but contains significant price growth factors, and there has been a decline of exports coupled with the current complicated international situation of economic recovery, increased risk of external uncertainty, which will lead to future External increased risk of increased Chinese focus on the cost With pressure or push to accelerate the advent of foreign trade to adjust the inflection point.
Chinese goods are more expensive, which makes the recent discussion on China's manufacturing advantage once again become a hot spot. Not long ago, UBS economist Jonathan Anderson, analysis and calculation of the first half of 2011, the U.S. and EU import data, the released a report, he found that the share of China's light industry began to decline, from 50% to have 48 per cent, while beneficiaries, including Bangladesh (exports to the U.S. increased by 19%) and Vietnam (to increase exports to the U.S. 16%), Anderson talked about transfer of labor-intensive manufacturing to Southeast Asia, said the first half of 2011 "seems to be a very convincing turning point." detail>;>;
The four major export enterprises face difficulties
1, face barriers to trade
The data from the Ministry of Commerce show that China suffered in recent years, the number of cases of trade friction and to maintain a high amount of money involved, has for 16 years as the world's anti-dumping investigations than any other country, suffered for five consecutive years as the world's largest country .2010 anti-subsidy investigations years, China has experienced 66 trade remedy investigations, involving $ 7.1 billion, the object of dispute not only from the U.S. and Europe and other developed economies, but also from Brazil, Argentina and India and other developing countries, both for traditional Chinese competitive industries,Also for the electronic information and other high-tech, high value-added industries. In accordance with World Trade Organization (WTO) statistics, China's exports in 2010 accounted for about 10% of the global total, while China's trade friction for the number of cases about 35 the total number of cases worldwide %.
July 20 and August 14, the EU and the U.S. have on the implementation of the new toy safety standards, which the Chinese export enterprises is undoubtedly related to worse there than in business, said the crisis has severe financial crisis in 2008, according to customs data, toys Dongguan, about $ 2 billion in exports, over 80% of the toys are exported to Europe. the most deadly of all costs .2 or increase, rising costs
Cost pressures push prices to bring the most direct impact on export competitiveness decline, foreign customers actively looking for alternative suppliers, will order the transfer to other more affordable regions or countries. It is understood that in Zhejiang and other provinces of the textile and apparel industry there have been small-scale phenomenon, the customer will be part of the orders to Vietnam, Bangladesh and other neighboring countries.
This year, with the slow recovery of world economy, international market demand for commodities has increased, serious excess global liquidity, the dollar continuing to slide, huge amounts of money on speculative factors and factors driven by hedging, commodity markets led to the influx of international commodity prices continued to rise. more>;>; business generally reflects the cost of raw materials in addition to a higher proportion of total costs, boosting the total cost increases, the second is the labor cost ratio of labor costs to total costs is generally 10% -15% of it's rise to become the second largest source of increased costs. "wages this year from last year's 1,600 yuan/month to the year 3500 yuan/month, more than doubled while the proportion of wage costs accounted for about 10% to the total count, a larger proportion of raw material costs and wage costs rising so the actual total cost increased by 20% points."Christmas Crafts Factory Zhejiang Yiwu Tomohiro .3 horse owner, said the yuan appreciation
Since the international financial crisis, the Canton Fair, there is a word: "short list", that is, within 3 months of delivery orders in the 109th Canton Fair orders accounted for 90% of the short single, long single and only 10 % such a high proportion of short single rare in recent years, it is difficult for exporters to plan arrangements for the production of six months; for overseas buyers who, when out of stock too late to catch one.
The international financial crisis, trade show short single surge, because buyers have doubts about the market outlook, the next one caution; and now such a high proportion of short one, not that buyers are not willing to orders, but exporters fear exchange rate and policy changes, coupled with rising costs, they are only willing to take a short single-.4, the test of monetary tightening of financing foreign trade enterprises
This year, the central bank has twice raised benchmark deposit and lending interest rates four times raised the deposit reserve ratio, liquidity continued to tighten monetary policy behind the knock-on effect is apparent. Correspondent in an interview found on the Canton Fair, financing, financing the cost of large growth, and raw materials, labor costs and other factors an uplink, a foreign trade enterprises are facing major difficulties.
"The grim situation facing the financing." Galanz Group Executive Director Liu told reporters that significantly increased the difficulty of corporate finance, the banking line of credit to give loans to enterprises decreased; the other hand, interest rates and floating interest rates for loans costs increased significantly. Liu revealed that Glanz current benchmark lending rate loan interest rates go up 20% to 30%; more small and medium foreign enterprises are reflected get loans, even loans to be interest rates in the benchmark interest rate basis on 30% higher to 50%.
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