Quanzhou Foreign Trade: The Export Situation Warming Risks Remain
2009, the Quanzhou exports have resumed their growth. According to Quanzhou Bureau of Statistics, the city’s annual total import and export 8.18 billion U.S. dollars to complete than the 3.8% drop, with exports worth 5.892 billion U.S. dollars, 1.67% Bi Zeng, showing steady rise of the operating situation, the outlet pressure eased.
HC screen Special Indian network Quanzhou Quanzhou, Fujian, China’s foreign trade exports in key areas. Recently, this reporter learned that research in this city, as the world economic situation improved, government, business co-development effort, the city’s exports gradually pick up, return to normal growth, but pick up foundation, and the foreign trade situation is still grim.
Steady rise of exports 2009, the Quanzhou exports have resumed their growth. According to Quanzhou Bureau of Statistics, the city’s annual total import and export 8.18 billion U.S. dollars to complete than the 3.8% drop, with exports worth 5.892 billion U.S. dollars, 1.67% Bi Zeng, showing steady rise of the operating situation, the outlet pressure eased. This year that trend continued, under the jurisdiction of Jinjiang Quanzhou City, in January exports more than 170 million U.S. dollars, up 49.3%.
According to Bureau of Quanzhou foreign trade and foreign trade into a negative is positive due to four factors: First, the gradual recovery of marketable products, traditional exports grew rapidly, Textile Clothing , Footwear, umbrellas and other products, features 13 categories of bulk exports of traditional commodities throughout the year a total of 4.5 billion, 5.95% Bi Zeng; Second, the overall recovery of the traditional export markets. EU, U.S., five major traditional markets of ASEAN exports 3.248 billion U.S. dollars, Bi Zeng 5.39%; Third, strong export growth of private enterprises. Private enterprises exported 2.14 billion U.S. dollars throughout the year, exports accounted for 36.3% of the city, Bi Zeng 12.63%; Fourth, greatly increased the number of export enterprises, export business last year in Quanzhou enterprises reached 1758, 234 more than last year, as important to promote the city’s export growth momentum. Quanzhou foreign trade
Secretary Ming-Liang Liu said, in the face Financial Crisis, the Government is actively taking various measures, including the implementation of support funds, set up special office to protect foreign domestic trade emergency support business development, and strengthen services to solve real business problems, simplify administrative links, promoting their own ability to conduct training, linkage with financial institutions to help corporate finance, and organize enterprises to open up markets and help foreign exporters through. Quanzhou enterprises themselves strong anti-risk ability, tenacity and good industrial foundation is to help them survive the beginning of last year’s low.
Export situation remains grim While exports improved, and its journalists under the jurisdiction of Jinjiang Quanzhou, Shishi key areas such as foreign trade investigation found that many of the foreign trade situation is still serious business, and they judge this year’s foreign trade situation is not optimistic.
Mainly engaged in shoes, bags, clothing and other exports grain and oil Quanzhou Food Xing-yuan, general manager of import and export company, said, “by the financial crisis, the international market decline, consumption less than the distinct feeling that the guests care orders, orders for reduced significantly. Only last year the company exports more than 4,000 million, down more than 25% over the previous year . “For this year’s foreign trade situation, he thought, than last year difficult, because most labor-intensive enterprises in Quanzhou, this year with increased labor costs, raw material prices, is bound to raise prices, while external demand has not busy.
Primarily engaged in knitting underwear garment exports Dilithium Real Example, General Manager, said cotton yarn is the main raw material for underwear, cotton prices last year rose 20%, reducing profits for two million workers this year, missing the company one third of the labor cost is estimated to grow by 10%. Jinjiang Municipal Bureau of Commerce Secretary Xielu Wei said that in recent years, raw material price fluctuations is very powerful, enterprise more serious shortage of workers then, production costs increased significantly affect exports is an important factor.
Quanzhou City Vice Mayor in charge of foreign trade, Jung-Chou Chen believes that the economic environment this year will be better than last year, but international and domestic economic situation, there are many uncertainties. He said the slow pace of recovery in the world economy faced significant risks, the recent international financial market has entered a new period of adjustment. Therefore, the basis of external demand is still strong rebound. China also faces many difficulties. On the one hand the developed countries to seize the strategic high-end manufacturing industries and emerging high ground, on the other hand to develop labor-intensive industries in developing countries. Exports of domestic enterprises in foreign trade advantages gradually weakened.
Trade protectionism also increased the risk of the export business. According to foreign trade bureau in Quanzhou, last year suffered a 13 Quanzhou new anti-dumping legislation, anti-subsidy investigations and 1 5 from the special safeguard measures from the survey, the case involving the city’s 95 enterprises, involving 20 million U.S. dollars, the new companies involved and increase the amount of up to 30% and 69.7%.
Jinjiang City, Textile and Apparel Industry Association, Cairong Zong said that the international trade friction intensified, and the export of projects required increased testing and standards are continuously improved, and trade barriers have been extended from a purely technical areas Environmental protection , Climate and so on.
In addition, exports also face transaction risk and currency risk. Quanzhou foreign trade, according to Bureau, the city received last year, export credit insurance loss cases reported more than 40, Bi Zeng up to 150% of cases the amount of 5.1 million yuan; exchange rate risk, the expected appreciation of the yuan to enterprises exporting to the pressure on. In addition, foreign trade financing of SMEs are still outstanding.
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