With Financial Crisis in the bottom gradually been identified, the data have been clear to the chinese economy is back on growth path, which is not better, especially in the first half of a Export Aspects of some of the data also showed a positive signal.
This year, shenzhen Shoe Products export growth was steady, but also ASEAN, the Americas and Africa to achieve substantial growth in exports. Shenzhen Customs-related statistics show the first 3 quarters of this year, shoe exports via Shenzhen Port 3.69 billion US dollars, up 9.4% a year earlier.
It is understood that, to alleviate the global financial crisis caused by domestic production of labor-intensive enterprises operating pressure, the state issued a related industry support policies, including the release of “Light Industry restructuring and rejuvenation program.” Since the end of last year, china for 2 times raised the export tax rebate rate of footwear products, domestic Shoe Export enthusiasm in advance.
Export recovery is mixed. The joy is that, with the economy the most important driving force for the past few years, the gradual recovery of exports, China’s economic recovery momentum is basically a foregone conclusion. Worry is that China’s economic structural adjustment have not seen enough change, and even worsened in some places.
This is because China’s huge trade surplus is structural imbalances within the economy’s external performance. China’s rapid economic growth in recent years, fundamentally through the full labor cost, comparative advantage, to develop a competitive advantage, especially labor-intensive industries, while also attracting the world’s manufacturing-related industries, especially domestic concentration.
That showed domestic manufacturing industry, especially the proportion is too high, makes this part of the production capacity exceeds domestic demand, excess capacity, so the external performance of the rapid growth of net exports. While rapid growth in net exports has brought rapid economic development and economic growth but also makes the imbalance of economic structure and further expense, resulting in economic growth and the contradiction between economic restructuring.
When financial crisis swept in, and when we export up within six months from the positive to negative plunged 60 percent, when the coast of a large number of export-oriented enterprises, especially SMEs, the first to have closed, when a large number of migrant workers simply packed up and left the factory back home, government, media and scholars formed the consensus is difficult to sustain the world’s factory, processing and trade can not be sustained, Pang Dashun Difference can not be sustained … … we can not expect with the financial crisis and global economic recovery in the past, these problems will be gone.
On exports, external pressure has been highlighted, trade friction of smoke. Financial crisis, we most likely face a trade friction times. This is the last century, Japan is facing a situation of 80 years, also contributed to Japan after the Asian financial crisis, a major incentive for long-term economic downturn.
And these problems lies behind the most fundamental economic restructuring, the transfer from the over-reliance on investment-led to greater reliance on consumption-led, from the over-reliance on external demand to greater reliance on domestic demand, particularly from over-reliance on manufacturing industry Go to rely more on interpretation services on the … … with the recent introduction of China’s first special plan for the cultural industry?? “Cultural Industry Promotion Plan”, Culture Minister Cai Wu also highlighted the cultural industry is a typical low-carbon economy pressure on the environment of small, high added value, is an important economic institutions to adjust focus.
Therefore, the data we see that the Chinese economy has gradually recovered when the reading is more hope that these data may not indicate that we expect the structural changes occurring? China’s economic growth momentum is quietly changed? Unfortunately, so far, this information is difficult to see. We see more rapid growth of investment, exports rebounded, industrial recovery, remains a reasonable recovery in growth mode. Huangpu Customs
According to the latest statistics, from January to August this year, processing trade, Dongguan City, 310 million pairs of footwear exports, accounting for the same period in Dongguan, 97.1% of total shoe exports. From January to August this year, foreign-invested enterprises in Dongguan City, two hundred and ten million pairs of shoes exports decreased by 14.5%, accounting for the same period the total exports of Dongguan shoe to 64.8%; the same period, exports of 66.49 million pairs of state-owned enterprises, down by 25.5%, 20.7%. Fall in exports less foreign-invested enterprises, and foreign-invested enterprises more on processing trade, exports of Dongguan after the financial crisis made shoes are part of the processing trade rise, not fall.