07

2012

-

05

Exports of electrical and mechanical products are showing significant improvement

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Statistics from the General Administration of Customs show that in a single month of September, China's exports of mechanical and electrical products 68.54 billion U.S. dollars, a sharp decline to 12.6% year-on-year, far better than the January-August drop of more than 20%.

This change in the 106th Canton Fair, which opened on October 15, was confirmed.

Liu Guizhong, the general manager of the overseas development department of Granz Group, told reporters on October 15 that the company's orders in hand have rebounded and the export growth is expected to exceed 80% in the fourth quarter of this year, completely reversing the export decline of 25% in the first half of the year.

As the largest category of Chinese exports, the movement of exports of mechanical and electrical products has been quite concerned by the decision-making level.

China Chamber of Commerce for Import and Export of Machinery and Electronic Products said that the Canton Fair held on the eve of the Ministry of Commerce has called the Chamber of Commerce to discuss the request to expand the scope of research in this year's Canton Fair, and after the meeting to form a written material to report.

The export of electromechanical products hot and cold uneven

Electromechanical Chamber of Commerce to provide analysis of the import and export of electromechanical products in January-August this year, the report shows that since June, the rate of decline in exports of electromechanical products began to slow down, June to August three months, respectively, 17.8%, 17.4% and 19.1% decline in exports, significantly better than the average of more than 20% decline in the first five months; "single-month exports have been two consecutive months in the amount of 60 More than $60 billion, international demand recovery signs have emerged."

In fact, from this year's export structure, the export data of electromechanical products has been significantly inferior to labor-intensive products, furniture, shoes, bags and other products, the rate of decline in exports has narrowed to single digits, while the rate of decline in exports of machinery and electronic until June barely narrowed to within 20%.

The analysis report of the Chamber of Commerce also pointed out that the recovery of exports of various types of mechanical and electrical products is not consistent.

Yao Wenping, vice president of the China Chamber of Commerce for Import and Export of Machinery and Electronic Equipment, said on October 14, ships, communications equipment and some home appliances exports recovered better, while power tools, color TV and other home appliances exports are still sluggish.

The above-mentioned analysis report said, January-August export data show that the performance of machinery products exports vary greatly, including ships and parts ($ 18.38 billion) has been a continuation of the high growth trend since the beginning of the year, an increase of 40%, "which is mainly due to the pre-in-hand orders are sufficient.

Other machinery exports are still unsatisfactory, including mechanical infrastructure, automotive and parts, lifting and construction machinery, such as a drop of more than 20%, container exports fell 82%.

Exports of electronic and electrical products are also facing a divergence. Laptops and communications equipment is significantly better than the situation of air conditioners and other home appliances.

Orders rebounded prices did not rise

Haier Group refrigerator overseas department of the responsible person introduced on October 15, by the financial crisis, Haier January-September refrigerator exports fell by about 10% year-on-year, the original target of 30% annual growth has been out of reach, the group has previously maintained an annual export growth of about 20%.

However, the situation has changed since September, the first day of the Canton Fair negotiation situation is also better than expected. Haier Group said that the first two sessions of the unusually tense atmosphere of the negotiations this session significantly eased, "the presence of more buyers, willing to sit down to talk about the customer also increased significantly.

He introduced the group's refrigerator exports negative growth has ended in September, is expected to continue to improve the export situation in the fourth quarter.

This change is not a case.

Liu Guizhong said, Grantham in the first and second quarters of this year, home appliance exports fell by about 25% year-on-year, the situation has improved in the third quarter, September single month, air conditioning, microwave ovens and other products generally increased by more than 60% year-on-year, the entire third quarter exports are basically the same as the same period last year.

Judging from the current orders in hand, Grantham's export growth rate in the fourth quarter will exceed 80%. Liu Guizhong said, "the recovery of overseas demand is the main driving force".

However, the export price of mechanical and electrical products is not seen to improve.

Liu Guizhong expects that the current Canton Fair export transaction price will be lower than the previous two sessions. Since the end of last year, the government has raised the tax rebate rate of export commodities several times, including home appliances tax rebate rate increase in the range of 3-4 percentage points, this benefit has been basically digested by lowering the offer. In addition, the lower cost of raw materials, the stability of the exchange rate of the RMB, all make enterprises slightly lower than the previous external quotation.

In fact, after the financial tsunami, the status quo of low-end consumer goods are favored is also forcing enterprises to adjust the product mix, said Liu Guizhong, the proportion of low-end products than before, also resulting in the overall export prices have fallen.

Changes in the export of machinery and electricity has attracted the attention of the Ministry of Commerce. In the near future, the Ministry of Commerce will also convene large exporters to conduct regular talks and research to map the export situation, these enterprises, mechanical and electrical exporters will still occupy a significant proportion.

Some mechanical and electrical Chamber of Commerce sources revealed that the recent improvement in the export situation beyond the Chamber of Commerce previously expected, "we have revised the annual export data is expected." At the beginning of this year, the Chamber of Commerce had expected the annual export decline estimated at about 25%, but from the September export situation, the annual rate of decline in exports of machinery and electronic is expected to be controlled within 20%.