In September, “the market purchasing” trade mode for trial implementation work exhibition since, yiwu foreign trade import and export surrender a beautiful transcripts. But we should also see, remove yiwu enterprise trial “market purchasing” way of trade export, the whole city 1-10 month foreign trade import and export value for 3.7 billion us dollars, up 13.8% increase, a growth in the first nine months of the narrow 1.1%. And although growth is still leading the entire province average level, but overall growth of yiwu foreign trade import and export for four consecutive months constriction, yiwu trade development still faces a lot of pressure.
In the recently issued by the debt to solve high and growth retardation “report, the international monetary fund forecasts, the global economic growth in 2012 and 2013 were 3.3% and 3.6% respectively, the international economic environment is still weak. Starting from the United States the third round of quantitative easing policy since, the global economy in governments, the central bank massive stimulus policy realization stage recovery, but the global economic fundamentally has not yet found a new growth point. Short-term drive the economy picks up the main power comes from countries expansionary monetary policy stimulus, but economic potential growth step down, the government sovereign debt risk for threats to the global financial system is stable and they will course yiwu foreign trade export produce adverse effect.
In addition, from the United States since the launch of a new round of quantitative easing policy, some countries also followed, global currency war has started. Have continuous depreciation five more months of RMB exchange rate suddenly skywards again, and continuous creating exchange to its highest. The ministry of commerce, the ministry of industry and information on labor intensive industry of the appreciation of the renminbi pressure test results show that, if the RMB rise by 3% in the short term, can lead to textile clothing, shoes, toys, home appliance and mobile phones and other production enterprise profit down 50%. And yiwu foreign trade export more for textile, plastic products, such as the low added value, and poor bargaining power of the labor-intensive industry, the impact degree is more outstanding. By the continued renminbi appreciation will directly weaken the yiwu foreign trade enterprise export competitiveness, increase the foreign trade exchange cost, further squeeze foreign trade enterprise profits.
This news was choosed by Yiwu International Trade Co.,Ltd.:
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