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    China'S Export Situation Is Not Optimistic &Nbsp, The Annual Surplus Or Narrowed To 150 Billion U.S. Dollars.

    2011/11/17 17:15:00 22

    Shen Danyang, spokesman of the Ministry of Commerce, said at a regular press conference on 16, "the situation facing China's foreign trade is still more complicated and uncertain." the export situation in China is not optimistic in the next stage.


    According to the Ministry of Commerce, the growth rate of foreign trade in the fourth quarter of this year will continue to fall. The growth rate of imports and exports will show a trend of high and low in 2011. The total annual import and export volume will be about 3 trillion and 500 billion US dollars, an increase of about 20% and a trade surplus of about 150 billion US dollars.


    According to customs statistics, in 1-10 months, China's total import and export volume was 2 trillion and 975 billion 380 million US dollars, up 24.3% from the same period last year, and its growth rate was 12 percentage points lower than that of the same period last year.

    Among them, the export volume was 1 trillion and 549 billion 710 million US dollars, an increase of 22%, the growth rate was 10.7 percentage points lower than that of the same period last year. The import volume was 1 trillion and 425 billion 680 million US dollars, an increase of 26.9%, the growth rate was lower than the 13.7 percentage points of the same period last year.


    It is worth noting that the export growth rate has been down for two consecutive months.

    In the month of October, exports grew by 15.9% over the same period last year, down 7 percentage points from the same period last year, and imports grew by 28.7%, down 3.4 percentage points from the same period last year.


    Reporters learned that the rise in costs has led some enterprises to not dare to accept, unwilling to receive, and the profits of enterprises have also been seriously squeezed.

    Data show that the Ministry of Commerce's key export profit index of related enterprises dropped from 106.9 in April to 101.2 in September.


    Shen Danyang pointed out that the current situation of China's foreign trade is still more complicated and uncertain.

    From a foreign perspective, the world economy is slowing down, and the main developed countries are experiencing slow growth. The unemployment rate is still high, affecting consumption and demand.

    Inflation pressures in major developing countries have increased, and the risk of "hard landing" has increased, which has also brought uncertainty to global economic growth.


    "From the domestic point of view, Chinese enterprises are still facing multiple pressures such as rising comprehensive costs.

    China's trade protectionism and trade frictions frequently have great impact on China's exports.

    Therefore, China's export situation is still not optimistic in the future.

    Shen Danyang said.


    In fact, the market is not optimistic about China's future import and export situation.

    The report of CITIC Securities pointed out that due to the slowdown in economic growth in developed countries and the negative impact on China's foreign trade, China's imports and exports will enter a path of double growth.


    According to the briefing, the Ministry of Commerce has been investigating for some time how to adopt more targeted policies and measures.

    Shen Danyang said that the next step will be based on the policy of "steady growth, restructuring and promoting balance" proposed by Premier Wen during the Canton Fair.

    It will support domestic enterprises to overcome difficulties and stabilize export growth. At the same time, it will continue to adhere to the policy of expanding imports and stabilize import growth.


    To be specific, first of all, we must maintain the basic stability of our foreign trade policy.

    "The enterprise is very realistic. The most important thing for stable growth is stability policy. We will take some positive measures to maintain the stability of our foreign trade policy."

    Shen Danyang said.


    Secondly, we should continue to readjust and optimize the structure of import and export commodities, and cultivate new competitive advantages of foreign trade with technology, brand, quality and service as the core.

    In the face of adverse situation, how to turn danger into opportunity and how to turn unfavorable factors into favorable factors is a common problem that business departments and enterprises need to study and face together.

    In such a situation, if the policy is right, it will also play a positive role in adjusting the structure.


    Third, we should actively expand imports and promote balanced development of foreign trade.

    Shen Danyang said, "in this regard, we will continue to adhere to the policies and measures that have been promoting the expansion of imports for two years, and will also introduce new policies and measures."

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