Analysis Of The Latest Foreign Trade Data Of Traditional Industries In 2013

< p > with the recovery of China's economy in the three quarter, the developed economies such as Europe and the United States also embarked on a moderate growth track, and the performance of China's foreign trade and imports and exports also rose steadily. < /p >
< p > < strong > before October, foreign trade increased by 7.8%, < /strong > /p >
< p > according to the latest news of the Ministry of Commerce, in the first 10 months of 2013, the total value of China's imports and exports was 21 trillion and 160 billion yuan (equivalent to 3 trillion and 400 billion US dollars), and the exchange rate factor increased 7.6% compared to the same period last year. Of which, exports of 11 trillion and 200 billion yuan (US $1 trillion and 800 billion), an increase of 7.8%; imports of 9 trillion and 960 billion yuan (equivalent to 1 trillion and 600 billion U.S. dollars), an increase of 7.3%; trade surplus of 1 trillion and 250 billion yuan (equivalent to 200 billion 460 million U. S. dollars), the expansion of 12%. < /p >
< p > < strong > the first 10 months of the operation of foreign trade mainly showed the following characteristics: < /strong > < /p >
< p > < strong > is the growth of trade between the European Union, the United States and ASEAN. < /strong > 1-10 months, my bilateral trade with the European Union, the United States and ASEAN increased by 0.5%, 6.9% and 10.9%, respectively. In October, exports to the EU grew by 12.6%, and exports to the United States increased by 8.6%, respectively, higher than the national export growth rate of 7 and 3 percentage points. In the 1-10 months, the mainland's bilateral trade with Hongkong increased by 22.1%. In the same period, the total value of bilateral trade between Japan and China dropped by 7%, but in October, exports to Japan increased by 5.2% in the same month, and maintained a positive growth for two consecutive months. < /p >
In the month of October, exports to the European Union and the United States showed strong growth in the month of October, which is a reflection of the economic recovery in Europe and the United States. The US Manufacturing Purchasing Managers Index (PMI) has grown to a record high of 56.4 in October after its lowest level of 49.2 in April. While the European Union PMI has dropped from its 52.2 month high of 27 in September, but 51.9 is still in a good growth range. < /p >
P, Brazil, Russia and other emerging market countries have seen exchange rate and current account turmoil in the middle of the year, and have gradually stabilized. But it is foreseeable that the downward trend of emerging market demand will not end in the short term, so exporters should continue to pay close attention to the increasing demand in the traditional markets of Europe and the United States. < /p >
"P > < strong > two is the steady growth of the import and export of the eastern region, and the export of the central and western regions is active. < /strong > 1-10 months, the total value of imports and exports in the eastern region reached 29436 billion US dollars, an increase of 6.8%, accounting for 86.6% of the total value of imports and exports. In terms of exports, the export growth rates of Ningxia, Qinghai, Yunnan, Heilongjiang and other provinces in the central and western regions were 66.9%, 61.5%, 37.6% and 342.3% respectively, significantly higher than the overall growth rate of China's exports in the same period. < /p >
< p > the eastern region is still an absolute outlet for China's exports, while the export of Ningxia and other frontier provinces in the Ministry of Commerce's data is growing rapidly, reflecting the export growth potential in these regions. With the strategy put forward by the policy makers to rebuild the "Silk Road Economic Belt" and other strategies, the growth of foreign trade in the central and western regions is one of the opportunities. < /p >
< p > < strong > three is the steady growth of general trade, and the growth rate of processing trade is slowing down. < /strong > 1-10 months, China's general trade import and export reached 1 trillion and 796 billion 350 million US dollars, an increase of 8.5%, accounting for 52.8% of China's total import and export value in the same period. During the month of October, general trade exports amounted to 91 billion 300 million US dollars, an increase of 11.9%, and imports of US $88 billion 800 million, an increase of 18.5%. The growth rate was 4 percentage points faster than last month, a record high since March 2012. In the 1-10 months, the import and export volume of processing trade increased by 0.5%, accounting for 32.5% of the total value of imports and exports of US $1 trillion and 103 billion 370 million. < /p >
< p > < strong > four is the steady growth of the export of mechanical and electrical products, and the export of traditional labor intensive products is growing well. < /strong > 1-10 months, China's mechanical and electrical products exported 10293 billion US dollars, an increase of 7.6%, accounting for 57.2% of China's total exports in the same period. The export of high-tech products was 535 billion 370 million US dollars, an increase of 11.8%. In the same period, exports were less than a target= "_blank" href= "//www.sjfzxm.com/" > textile > /a > products, a target= "_blank" href= "//www.sjfzxm.com/" > clothing > _blank > luggage and bags, less than 7 yuan, "shoes", "toys", "furniture", "plastic products" and so on. The labor intensive products such as shoes, furniture, plastic products and so on were 377 billion 850 million dollars, up 10%, higher than that of the same period, China's total export growth 2.2 percentage points. In the month of October, seven major labor-intensive products totaled 39 billion 800 million US dollars, an increase of 7.3%, a 4.4 percentage point increase from last month. < /p >
< p > in the textile and garment industry, according to experts, from the perspective of labor price, China does not compete with Bangladesh and Burma. However, China's decades of mature supply chain and technological advantages are unmatched by such countries. For example, Bangladesh can only produce low end simple garments, while high-end a target= "_blank" href= "//www.sjfzxm.com/" > dress "/a" processing is still China's strong point. < /p >
In the upstream textile industry, China has a stronger advantage than P. Because of the higher demand for machinery and capital, Bangladesh and other countries can not establish a mature textile industry, which is also an advantage of China's textile and garment industry. < /p >