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    The Trade Surplus Will Drop &Nbsp For Three Years, And How Can Exports "Advance Steadily"?

    2012/1/12 14:39:00 28

    In the face of the severe foreign trade situation in 2012, it is reported that

    Business affairs

    The Ministry will take the "stable export" as the primary policy objective, and the relevant government departments are also brewing a series of policy measures aimed at "steady export", especially considering that credit funds are tilted to some export enterprises.


    The sharp reduction in trade surplus is indeed beneficial to the more balanced development of China's import and export trade, and it also plays a role in easing the pressure of RMB appreciation and reducing international trade disputes.

    In addition, the three consecutive decline in surplus is also the expected effect of implementing the policy of "stable export, expanding imports and reducing favorable balance" in the early stage.

    Therefore, the reduction of trade balance is not a simple and accidental one.

    Fall back

    Even some researchers believe that the downward trend of China's trade surplus for three consecutive years is not a temporary phenomenon. It may indicate that the era of China's high surplus is coming to an end and China will usher in a deficit era.


    At the moment, the author does not judge whether the trend of the high surplus era is coming to an end. It is only believed that in the face of risks at home and abroad, "steady export" is particularly important in dealing with all kinds of competition and challenges.


    We must see that China's exports

    situation

    Faced with two major difficulties: first, the weakening of international market demand, especially in the traditional European and American markets, is difficult to make fundamental changes in a short time; another factor is the upward pressure on China's current export costs, including labor and wages, including appreciation of the RMB exchange rate, rising land costs and rising raw material prices.

    Therefore, it is no wonder that China's foreign trade authorities and local governments and trade associations have been warning: the foreign trade situation in 2012 is not optimistic, especially in terms of export.


    At present, we are in the turning period of adjusting the economic structure and changing the way of development. The export enterprises are facing such a grim situation. If we do not take measures to maintain stability and maintain a proper growth rate, how can we expect the sustained, stable and healthy development of China's foreign trade?


    Moreover, "stable exports" and "expansion of imports" are not contradictory.

    The balance of foreign trade should be dynamic rather than static, and the surplus should also be enough.

    Moreover, a stable export can not also enhance the import kinetic energy of bulk commodities?


    At the beginning of last month, Vice Premier Wang Qishan, who was in charge of foreign trade, stressed that the business, customs, quality inspection, finance and other departments, local governments at various levels, foreign agencies and trade associations should manage the service in the six provinces' import and export situation Symposium.


    The high level attention and the Ministry of Commerce's tuning will undoubtedly increase the support policy of "stable export" policy from the government level, and create a favorable trade environment conducive to import and export.

    While the relevant "stable export" policies and measures are launched, we should also promote the establishment of the linkage response mechanism between the government, enterprises and chambers of Commerce, and exert more efforts in reducing financing costs and innovating trade financing mode.


    In addition, the relevant government departments should also attach importance to standardizing the export market management and strengthening the work of industry coordination, and take positive measures to encourage and help export enterprises cope with foreign trade remedy measures and intensified trade sanctions against anti-dumping.


    At the enterprise level, we should also pay attention to our structural adjustment.


    Foreign trade export enterprises should closely follow and analyze the trade environment and technology development trend at home and abroad. In a complex and changeable international economic environment, they will turn negative into beneficial and passive.

    Enterprises should focus on improving product competitiveness, closely following the pace of economic pformation, and strive to change the old pattern of making low profits by processing trade and at the low end of the industrial chain.


    Data show that the export costs of Chinese manufacturers continue to rise, the lowest wage in the Yangtze River Delta region increased by 60%, while the Pearl River Delta increased by 30% to 50%.

    Imported inflation pressure has kept the cost of production elements rising continuously, which has a long-term negative impact on foreign trade and import and export.

    In the face of this situation, enterprises should strengthen internal management and digest the rising cost factors through improving the added value of products and establishing their own supply channels for production factors.


    "There is another village."

    We believe that with the support and assistance of the state's "steady export" policy, Chinese manufacturers and export enterprises will have the confidence and ability to take the lead in crossing the cold winter trade and steadily move towards the spring full of hope and vitality.

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