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The Decline In Processing Trade In 3 To 6 Months Is Mainly Reflected In Exports.

2009/3/2 0:00:00 53

On March 2nd, "the impact of the rapid decline in the import of processing trade will gradually be reflected in the already declining exports in 3 to 6 months.

This indicates that China's exports will suffer from a further decline from the deterioration of the external market from now on.

May may be the most severe moment for China's exports. "

In February 24th, Long Guoqiang, deputy director of the Ministry of external development of the State Council Development Research Center, expressed the above concerns at the "2009 global economic and China seminar" held by the University of foreign trade and economic cooperation.

  进口萎缩将加剧出口下滑

  去年上半年开始,我国进出口速度双双下滑。出口方面,3月份出口增速还保持在30%,11月份就已经出现2.2%的负增长,12月份负增长达到2.8%,进入2009年1月份,出口负增长幅度达到17.5%。进口下滑速度更快。去年5月份进口增速还保持40%,到今年1月份已经是45%的负增长。

In addition to the reduction in domestic demand and the decline of international primary commodity prices, long Guoqiang believes that the sharp decline in processing trade imports is an important reason for the sharp decline in imports in China.

Due to the worsening external market, imports of processing trade, which accounted for 40% of China's total imports, fell by 25% in the months after November last year.

  政策实施要对症下药

Long Guoqiang believes that the rapid decline in exports is due to the sharp shrinkage of consumption and investment demand in China's major overseas export markets, resulting in a sharp reduction in orders for domestic export enterprises. Many enterprises can only sign small orders, short-term orders, some enterprises even have no orders, and a large number of export enterprises are facing the risk of bankruptcy and bankruptcy, which will also lead to a decline in investment and consumption, unemployment of migrant workers, social instability and so on.

"When the policy is implemented, the government should prescribe the right remedy.

In the special period, the ultimate goal of policy measures is to enable enterprises to survive rather than maintain international market share.

Long Guoqiang believes that in the case of rapid shrinking demand, the conventional policy measures to devalue the currency and expand the share of the export market are no longer effective.

If a large number of export enterprises fail, it will be difficult for them to enter the international market after the market has resumed.

Long Guoqiang pointed out that many policies currently issued by the central government, such as raising the export tax rebate rate and improving the financing conditions of export enterprises, especially policy financing, have played a vital role in the survival of enterprises.

"On the one hand, China should be a responsible big country, maintain the stability of the RMB exchange rate, and on the other hand, improve the policy environment and the external environment of the industrial sectors such as processing trade. We must resolutely resist trade protectionism and take the lead in initiating trade protectionism. When necessary, we must prepare for the precaution and counterattack."

Long Guoqiang said.

Editor in chief: Xu Qiyun


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