China's Export Situation and Pick Up Metals Industry Needs to Be Done

ber 25, China International Chamber of CommerceThird, China's hardware export situation "heating"
The Secretary-General Xue-Hai Zhou said China'salternate
exports will decline this year, controlled 15% to 20%,Chinese exports of metal products "warming trend" is
this figure is better than early expectations. Thismainly manifested in Jiande, Zhejiang, Hardware
shows that the beginning of China's exports& Tools foreign exports. It is understood that
compared with the situation improved. In respect offrom January to October, Jiande City, Zhejiang's
various economic indicators stabilized in the domesticforeign trade value of export supply growth to
recovery, exports decline narrowed when the exportachieve a positive into a negative, an increase of
situation of China's hardware industry is in a1.01%, ending 10 consecutive months of negative
precarious situation, and the enterprises to begrowth. In particular, 9, October, hardware tools to
pursued further.49.28% and 96.77% year on year increase of strong
First, in October compared with September exportsrecovery.
drop in narrowing.From the data perspective, Jiande City, chemical
November 23, General Administration of Customspharmaceutical, textile, hardware tools, low-voltage
released the data, the data show the first 10 monthselectrical four massive exports of the economy's
of this year, China's exports 957.36 billion U.S. dollars,total exports accounted for 90% of the city. One
down 20.5%; imports 798.13 billion U.S. dollars, downhardware tool 9, in October was returned 49.28%,
19%.96.77% of the year on year increase of strong
Among them, the month in October, China's exportsrecovery.
110.76 billion U.S. dollars, after deducting price factors,The other, China's exports of metal products "cold
the export volume fell 5.6%, higher than narrowed ininfluence" mainly in Jiangsu province's total export of
September fell 1.1 percentage points; imported 86.78electromechanical products. According to the Ministry
billion U.S. dollars, after deducting price factors, theof Commerce Website November 23 News ,1-10
volume of imports increased 6.8%, in Septembermonths, Jiangsu Province, to focus on the mechanical
compared with declines of 7.1 percentage points.and electrical products a growth of 7 drop, and fall
At the same time, Customs statistics also show thatwere higher than average level of Jiangsu Province.
1-October, Sino-US bilateral trade value of 239.36The only ship products in export growth: exports 4.7
billion U.S. dollars, down 14.9% year on year decline inbillion U.S. dollars, up 39.5%, higher than the export of
import and export of China-US bilateral trade is lesselectromechanical products, Jiangsu Province, 59
than the same period year on year decline in thepercentage points.
European Union and Japan, 3.8 and 4.4 percentageThe other seven are deeper than the decline in
points over the same period accounted for 13.6% ofexports of the average level of Jiangsu Province, the
the total value of China's imports and exports. Thisproducts are: motor vehicles and accessories,
shows that although China's exports declined, but theportable power tools, wire and cable, hardware tools,
other countries declined even more, China's exportmotorcycles, metal processing machines, containers
share is actually increasing.and so on. Decline in exports of these products are
2, B2B trade show international buyers favor ofdeeper than the average level of Jiangsu Province,
China's export productsand thus shows that the first 10 months, Jiangsu
B2B media company, according to Chief OperatingProvince, export of electromechanical products the
Officer of Global Sources Pei g revealed that inoverall situation is not optimistic.
October 2009 for nearly 300 purchasers conductedTo sum up the above, the hardware exports from
an investigation. Survey showed that although thethe country there are cold with warm circumstances,
economic situation is not yet clear, but theit shows that China's hardware industry's exports in
purchasers active, up to 74% of buyers said it wouldthe overall situation was not stable stage. So,
increase purchases in 2010, of which 79% of buyershardware foreign trade enterprises as the situation
are forecast in 2010 will increase their purchases inand timely response measures, for example, actively
China. This shows that China's export market is stillparticipate in international exhibitions, improve product
favored by the buyers, optimism began to appear.quality, increase product innovation, according to the
Meanwhile, the survey also revealed that inquiriesinternational economic situation, and vigorously to
from buyers in emerging markets is increasing. In thecreate a low-carbon products, understand the
eyes of these buyers, Chinese suppliers still have thehardware exports of the EU directive, from the This
absolute advantage in the three major affordable.opened the banner to expand foreign markets, and
This shows that the Chinese manufacturers toenhancing our hardware products in the international
develop multi-market, efforts also began to bemarket share.
rewarded.