The hottest import and export of China may decline

2022-08-11
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China's import and export may decline for the third consecutive month for the first time in a decade

China's import and export may decline for the third consecutive month for the first time in a decade

information on China's construction machinery

Guide: in January, imports and exports still fell, driving domestic demand depends on public goods reform. On February 11, China Customs will release import and export statistics for January 2009. According to authoritative sources, China's imports and exports still showed a quota in January; Double drop quot;. Guangdong, Shandong, Jiangsu and other important foreign trade cities reduce the gap between the oil needle and the valve body

in January, imports and exports continued to decline, boosting domestic demand depends on public goods reform

on February 11, China Customs will release import and export statistics for January 2009. According to authoritative sources, China's imports and exports still showed a "double decline" in January

officials from the customs or foreign economic and trade system in Guangdong, Shandong, Jiangsu and other important foreign trade cities confirmed to this newspaper that local imports and exports continued to decline in January

this is also the third consecutive month of decline in China's import and export, the first time in a decade

the downturn cycle continues

China's export downturn at the beginning of the year is often considered to be related to the Spring Festival factor, but a person familiar with the matter said that even excluding the Spring Festival factor, exports were still sluggish in January

"the sudden decline in imports and exports since November last year is mainly due to the impact of fluctuations in the raw material market on the production cycle of enterprises, not just related to the financial crisis". A local foreign economic and trade official said

the official analyzed that generally speaking, the production cycle of foreign trade enterprises includes multiple links, such as receiving orders - organizing production - Transportation - sales, and the whole cycle is as long as several months. In the second half of last year, the price of international raw materials fell rapidly, which led to the excellent performance of carbon fiber in export enterprises. Foreign buyers are difficult to judge the situation and dare not place orders and arrange production. Therefore, orders of enterprises have decreased sharply and exports have plummeted all over the country

most of the goods imported by China are raw materials for production and processing. Customs statistics show that since September 2008, the price index of imported goods has fallen sharply for four consecutive months, from more than 120 in the middle of the year (Fei index, the same period last year =100) to 90 in December, the lowest since March 2002

among them, the import price of primary products in China fell by 26.4% year-on-year in December 2008. Among bulk commodities, the price of crude oil fell by 40.2%, the import price of iron ore fell by 26.5%, edible vegetable oil fell by 13.8% year-on-year, and the import price of non-ferrous metals fell by 22.3% year-on-year

"under such circumstances, all enterprises are on the sidelines, with few new orders, and most of their exports are based on digesting inventory", said an expert from the Research Institute of the Ministry of Commerce

after deducting price factors, China's actual import volume fell by 12.5% in December last year, while its export volume fell by 7.5%

the aforementioned experts said that only after the price of bulk commodities stabilizes and the digestion of enterprise inventories is basically over can we see the impact of the financial crisis on actual imports and exports. The current decline in imports is still higher than that of exports, indicating that the price of raw materials is still declining, and the production situation of enterprises receiving orders has not improved

medical reform and educational reform will expand consumption

Import and export continued to decline in January, making it more difficult to achieve the import and export growth target of "keeping pace with GDP" set by the Ministry of commerce at the beginning of this year

Guangdong, Zhejiang and other major foreign trade provinces have begun to explore a series of policies to promote foreign trade enterprises to "switch to domestic sales", so as to promote domestic consumption and alleviate the pressure on enterprises and economy caused by the decline of foreign demand

in order to stabilize the economy, the general office of the State Council successively issued the opinions on invigorating circulation and expanding consumption (document 134) and the opinions on maintaining the stable growth of foreign trade (document 135) in December 2008

"the growth target of total retail sales of social consumer goods in 2009 will be set according to the GDP growth target of 'eight guarantees'". At the press conference of the State Council Information Office on the morning of September 9, Vice Minister of Commerce Jiang Zengwei said to this newspaper, "although the growth rate of total retail sales of social consumer goods in 2008 reached 21.6%, the actual growth rate was only 14.8% after deducting the factors of price rise. Therefore, our goal will consider the relationship between the actual growth of total retail sales of social consumer goods and CPI." Gb13022 (9) 1 "test method for tensile properties of plastic films" describes the fixture as: "the experimental machine should be equipped with appropriate fixtures

an expert said to me that if you follow" Bao Ba " According to the target calculation, the growth target of total retail sales of social consumer goods in 2009 will remain above 10%. However, it is generally believed in the industry that considering the actual economic situation, the target for 2009 will be lowered compared with 2008

Jiang Zengwei said that in addition to a series of work carried out by the Ministry of Commerce in accordance with the No. 134 document of the State Council, including improving rural circulation networks, enhancing community service functions, and promoting the development of some reports: circulation enterprises, the Chinese government's two major measures - medical reform and educational reform, will play a positive role in expanding consumption, especially rural consumption. At present, the medical reform plan is about to be introduced, and the educational reform plan is also being consulted

he also affirmed that issuing consumer vouchers is a special method taken under special conditions and is a more feasible option. "The issuance of consumption vouchers in some cities, such as Chengdu and Hangzhou, has played a promoting role in stimulating consumption. Increasing the income of low-income people should be the main measure to expand consumption, and at the same time, we should ensure the establishment of a wide coverage social security system."

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