The worried situation of China export growth
Article by Jessica879108
In the economic depression, A slowdown in the country's export growth could continue at least into the first quarter of next year with a "more severe" The increase of prices and the China inflation makes us the public feel depression about the life and economic, but the government has confident in keeping the stable growth in foreigner trade. Just like I have been mentioned in the writing "The cotton import from the USA" the continuous import of cotton become a trend.
As a fact, the European Union is the largest trade partner to China, The overseas sales has become to decline to a level, In November, and the nation's exports increased by 13.8 percent from a year earlier, the smallest gain since 2009, according to the General Administration of Customs. The things would be much worse than before; China may meet the negative export growth next year. It's too early to predict the prospects of export for the whole year of 2012, but one thing is for sure, the first quarter will be very severe for China's exports.Besides shrinking worldwide demand, trade protectionist measures of various types are challenging Chinese exporters. On Thursday, the European Union imposed five-year tariffs as high as 71.9 percent on imports of steel pipes from China. New measures to help China maintain export growth will be released during the annual China commerce work conference.The three-day Central Economic Work Conference, which closed on Wednesday, pointed out China will try to stabilize growth for exports next year, by stabilizing its foreign trade policies and promoting industrial transformation. China approved 59 export bases, focusing on upgrading their goods and services, investing more in research and development and sharpening their competitiveness.The China export need properly measures to support the development of new products and looking for the new market. Chinese exporters should change the attitude and turn the crisis into opportunities and the Central Economic Work Conference express the idea of th! at China would try their best to balance trade through the expanding imports. The China will reduce the import taxes for as much as 730 categories of goods; the product is covering the energy resources to improve the export of energy product and daily necessities such as the food& beverage in order to release the pressure of China export.
The predict of China export would be a little slow down in 2012, but China would try their best to improve the sales on energy resources and food& beverage to make the balance of export trade.
China export growth moderates - CCTV 111111
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