Downward Pressure On Foreign Trade

< p > < < a href= > http:// > www.sjfzxm.com/news/index_c.asp > > Guangzhou > /a > the pressure on foreign trade is increasing. Some problems are more acute and prominent than the general situation of the whole country.

To this end, yesterday, the executive meeting of the Guangzhou municipal government deliberated and adopted the implementation opinions of Guangzhou on supporting the steady growth of foreign trade, and put forward the "five measures" to urge foreign trade growth, including vigorously developing new formats of foreign trade and speeding up the examination and approval of export tax rebates.

< /p >

Chen Yongfang, deputy director of the Guangzhou Municipal Foreign Trade and Economic Cooperation Bureau, admitted that the current situation of foreign trade in the "P" is "steady growth in the downward pressure".

She disclosed that in the first half of this year, Guangzhou's imports and exports grew by 5%, which is higher than the 1.2% growth rate of the whole country. However, under the recent trend of national foreign trade warming, "Guangzhou's foreign trade downward pressure is getting bigger and bigger, and some problems are more acute and prominent than the general situation of the whole country."

< /p >

Chen Yongfang listed a group of figures. In the first half of the year, the exports of the first, second largest a href= "http:// www.sjfzxm.com/news/index_c.asp" > trade < /a > partners, the US and the European Union increased by -8.9% and 3.2% respectively, and the external demand remained unchanged. The pfer of industries and orders increased rapidly. In the first half of the year, the processing trade in Guangzhou dropped by 8.7%, a decline of 3.7% over that of the whole country; the export of labour intensive products decreased by 1.33%; the traditional foreign trade a href= "http:// www.sjfzxm.com/news/index_c.asp" > competitiveness < p > unsustainable; and the uncertain factors of foreign trade increased.

< p > export "short list, urgent list, small order" increased sharply.

Research shows that short term orders increased by 30.8% in 3 months, while 46.15% in medium and long term 3 months or more.

< /p >

< p > "the downward trend of foreign trade is a global common problem. The cost of labor is increasing, and the external demand market is shrinking. Especially after the global financial crisis, the external demand market is recovering very slowly, especially in some European and American countries."

Chen Yongfang responded that the main reason for the negative growth of Guangzhou's exports to the United States was that "although the US market is gradually warming up, its speed is very slow."

< /p >

< p > she said that with the increasing cost of urban operation and land resources, the cost pressure of the first tier cities forced the pfer of large manufacturing projects to the two or three tier cities, which is a historical necessity.

She said it would improve the downward pressure on foreign trade through improving business environment and cultivating new trade status.

< /p >