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Decline in the export of electromechanical products in China but the growth potential
Release time:2009-2-27   Hits:704

November 2008, China's export of electromechanical products has been negative growth for three consecutive months, three months of exports fell 4.8%, 8.2% and 20.9% for 20 years has not been. Chinese import and export trade accounted for half of the country's "fist product" experienced a tremendous impact.

     Customs statistics show that in January 2009 Electrical Products Import and Export of China's 75.34 billion U.S. dollars, up 28.4 percent decline in exports 49.14 billion U.S. dollars, down 20.9 percent, accounting for the proportion of national exports was 54.3%. The year 2008, China's export of electromechanical products 822.9 billion U.S. dollars, an increase of 117.3 percent, accounting for 57.6 percent of foreign trade, the contribution of foreign trade growth rate of 57%.

  Mechanical and electrical products exports in January fell sharply with the Chinese New Year vacation factors, mechanical and electrical products, especially IT products significantly faster rate of decline in general merchandise, that the United States, Europe, Japan and other developed economies suffered by the buyer after the financial crisis, consumer confidence and purchasing power damage. At the same time, China's emerging market and developing countries increased exports also increase the difficulty.

     Ministry of Commerce expects the first half of 2009 export of electromechanical products would appear more substantial negative growth. Although the global financial crisis caused by mechanical and electrical products of the sharp contraction in external demand, but such products are still the most growth potential of Chinese merchandise. Chinese because of the original production are mostly low-end products, the demand for more rigid, so with Japan, Korea and other places of production compared to high-end mechanical and electrical products, the impact is relatively small, particularly the implementation of current domestic home appliances to the countryside policy , in order to provide a much larger room for maneuver.

     According to WTO statistics, in 2008, China's machinery and electronic products in the United States, Japan and other major market share steadily improve, exports decline in market share but did not fall but rise, indicating that Chinese mechanical and electrical products with strong competitiveness and development potential. In addition, Africa, Asia and other developing countries and emerging markets of China is still a larger demand for mechanical and electrical products, one of China's electrical equipment, communications equipment, transport equipment and other infrastructure needs huge equipment.

  Cost-effective products in the consumer squeeze it easier for consumers to become the first choice, but because of different enterprises in the international division of labor in the status of the industrial chain length, as well as their own R & D, manufacturing, marketing ability is different from the financial crisis and the bear exist significant differences in risk. At present, engaged in manufacturing low-end aspect of the "shop-type" enterprise by the largest impact, followed by research and innovation ability, lack of own brand and marketing network of manufacturing enterprises, and with our own brand, R & D capability and initial set up international marketing network marketing-oriented enterprises are relatively small impact.

     From the foreign trade development of the long term, must be of the pressure as a driving force to accelerate the restructuring, independent innovation, China's export of electromechanical products achieve development of a fundamental change.