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China's September exports of machinery and electronic products 68.54 billion U.S. dollars - mechani by wqegtf desvf





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China's September exports of machinery and electronic products 68.54 billion U.S. dollars - mechani by
Article Posted: 03/15/2011
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China's September exports of machinery and electronic products 68.54 billion U.S. dollars - mechani


 
Business,Business News,Business Opportunities
Customs statistics show that in September a single month, China's exports machinery and electronic products 68.54 billion U.S. dollars, up sharply narrowed to 12.6% decline, far better than the January-August more than 20% drop.

This change in the Oct. 15 opening of the 106th Canton Fair to be confirmed.

Galanz Overseas Development Group General Manager Liu said in the October 15, the company has in hand orders rebounded in the fourth quarter, export growth is expected to exceed 80%, 25% of the total decline to reverse the first half of the export weakness.

As the largest class of Chinese exports, exports of mechanical and electrical products has been well received by policy makers concerned about the trend. Electromechanical Import and Export Chamber of Commerce say China, the Canton Fair held in the eve of the Chamber of Commerce had already convened to discuss an expansion of research in the scope of this Canton Fair, and after the formation of written materials submitted. Enthusiasm export of electromechanical products

Electrical Chamber of Commerce provided to this newspaper from January to August this year the import and export of electromechanical products report, 6 months, mechanical and electrical products exports decline began to slow down, 6-month exports in August fell 17.8%, respectively, 17.4 % and 19.1%, significantly better than the previous May an average of more than 20% decrease; the "single-month export value has also been a row over two months in the 60 billion U.S. dollars, international demand has shown signs of recovery."

In fact, from this year's export structure, the mechanical and electrical products exports has been significantly less labor-intensive products in furniture, shoes, bags and other products, decline in exports has narrowed to single digits early, but Electrical and exports fell in June until they finally narrowed to 20%. Analysis of the Electrical and Mechanical Association report also pointed out that various types of mechanical and electrical products export recovery is not consistent. China Import and Export Chamber of Commerce Electrical Yao Wenping, vice president, said on Oct. 14, ship, Communicate Equipment and parts Home Appliances The export recovery is better, and power tools, TVs and other home appliances exports are still low.

The above analysis, 1-August reported that the export of data, the performance of machinery exports quite different, which ships and parts (18.38 billion U.S. dollars) has been extended since the beginning of the high-growth, an increase of 40% "This is mainly due to more orders in hand early enough."

Other categories of export machinery is still not ideal, in which Machine Components, Car And parts, construction machinery, lifting and fell more than 20%, 82% decline in container exports.

Electronics The export of electrical products also face differentiation. Notebook computers and communications equipment were significantly better than the situation Air conditioning Products such as home appliances.

Orders rebound in prices not seen up Haier refrigerators overseas head of the Department on October 15 introduced by Financial Crisis, Haier's refrigerator exports from January to September fell by about 10%, an increase of 30% of the original goal has been elusive, the Group had always maintained an annual export growth of around 20%. However, starting from September the situation has changed, the trade fair on the first day of negotiation situation better than expected. The Haier Group, say, the first two exceptions the current atmosphere of tense negotiations were relieved, "the scene more buyers are willing to sit down and talk to customers also increased significantly."

To him, the group has been negative growth in exports of refrigerators in September the end of the fourth quarter is expected to export situation will continue to improve.

This change is not the case.

Liu said, Galanz this year, exports of home appliances in the second quarter decreased 25% year on year around the third quarter, an improvement in September monthly, air conditioning, Microwave ovens And other products more than 60% year on year growth in general, the entire third quarter and year-ago quarter export basic.

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