Jiangxi: Textile And Clothing Imports Increased By 22.82% Over The First 5 Months.

1-5 months, Jiangxi

Supplement:

Europe has always been a "dangerous place" this year. Reporters learned from China Export and Credit Insurance Corp's Nanchang business management department and a number of Jiangxi export enterprises on the 23 day. In recent months, Jiangxi, especially Nanchang, has continuously seen Greek insurance cases, apparently concentrated in textile and garment enterprises.

Within three months, at least 3 insured enterprises in Jiangxi were in danger, involving more than 1 million yuan in loans.

At present, these cases are being tried.

Greek customers disappeared three months after shipment.

"We exported to a Greek customer at the end of last year.

Our province exports to Europe to increase its trade risk.

According to the reporter, the financial crisis has not been far away, and Europe has ushered in an economic turmoil.

On the evening of December 16, 2009, the international rating agency Standard & Poor's announced that it would lower the long-term sovereign credit rating of Greece from "A-" to "BBB+", or "junk level".

At the same time, the credit rating of Spain and Portugal has also been lowered, which once again triggered a serious debt crisis in the euro area, which led to the export trade enterprises in Jiangxi also being affected.

Wang Yu, director of the business management department of China Export and Credit Insurance Corp, told reporters that in the past few years, there was no problem of arrears in the export trade to the euro area. This year's European debt crisis and the decline in credit ratings led to Jiangxi's export trade to Greece and other countries. Several cases of arrears in trade payments have emerged. The biggest influence is Jiangxi's textile industry.

Coupled with the decline of the euro exchange rate, the risk to our export enterprises in Europe is increasing.

Wang Yu also said that after the financial crisis, the risk awareness of enterprises is becoming more and more intense. How to avoid risks and expand the market is a major problem facing Jiangxi's export enterprises.

It is understood that the insured rate of Jiangxi enterprises for export credit insurance is 7% in 2008 and 12% in 2009, which is still a certain gap from the 18% insurance coverage rate nationwide.

In Jiangxi enterprises, the awareness of leading enterprises' participation in insurance is significantly higher than that of ordinary enterprises.

In the total premium, the total premiums of photovoltaic enterprises account for more than 50%.

Since the first quarter of this year, the insured rate of insurance export credit insurance in Jiangxi has reached 16%. This gratifying change shows that the risk awareness of our export trade enterprises has been strengthened, and the risk of foreign trade has also been increased.

One of the pillar industries in Nanchang is the photovoltaic industry. Because of the domestic and international environmental factors, the risk of trade is relatively large, so that the insurance coverage rate of such enterprises is relatively high.

In the coming months, imports and exports may experience significant fluctuations.

In the first four months, the main export markets of Nanchang remained the United States, Japan and China's Hongkong, and all of them increased considerably.

Nanchang's export products are still supported by electromechanical products, textile products and high-tech products.

Nanchang customs high tech office staff revealed that the total volume of import and export trade in Nanchang increased by 28% over the 1~4 months this year.

The data show that the growth of foreign trade in Nanchang is relatively stable, but the instability of the growth rate may indicate a steady recovery and more obvious ups and downs in the process of economic recovery.