In terms of the electrical industry in particular, the value of imports and exports in the first quarter was US$18.742 billion, a drop of 20.4% from the same period of last year. Among them, imports of US$7.715 billion were down by 22.1%; exports were US$11.027 billion, down by 19.16%; imports and exports surplus was US$3.312 billion, a decrease of US$424 million over the same period of the previous year.
For a long time, power generation equipment has led the export of electrical products to occupy an important position in China's foreign trade exports. Affected by this round of economic crisis, international and domestic demand has slowed down, and electrical companies have been affected to varying degrees.
From the statistical data of electrical products in the first quarter of 2009, the majority of products for power generation equipment and imports and exports of high and medium voltage and transformer products continued to show a high growth trend. Among them, the boiler exports were US$111 million, which was an increase of 26.39 from the same period of the previous year. %, imports 75.51 million US dollars, an increase of 432.12%; exports of steam turbines 79.81 million US dollars, an increase of 21.1%, imports 17.56 million US dollars, an increase of 405.02%; exports of gas turbines 31.70 million US dollars, an increase of 124%, imports 22.23 million US dollars, an increase of 37.72%; high school The pressure switch exports were 169 million US dollars, an increase of 26.86%, imports of 223 million US dollars, an increase of 5.4%; small and medium-sized motors imported 253 million US dollars, an increase of 26.72%. Exports of transformers and transformers increased slightly, but they still reached 540 million U.S. dollars, an increase of 1.38%.
Different from the rapid growth of imports and exports in the above industries, the growth rate of imports and exports in some small industries has obviously slowed down and even dropped. Specifically, differential motor exports were 479 million U.S. dollars, down 40.74%, imports were 278 million U.S. dollars, down 38.18%; battery exports were 270 million U.S. dollars, down 44.79%, imports were 19,170,000 U.S. dollars, down by 40.23%; and other exports declined: Wire and cable exports reached 1.823 billion U.S. dollars, down 30.9%; low-voltage electrical appliances exported 1.148 billion U.S. dollars, down 29.23%; medium and small electrical motors exported 505 million U.S. dollars, down 19.23%; electrical tools exported 802 million U.S. dollars, down 16.61%.
The road to breakout Ren Zhongdao was greatly affected by this round of financial crisis. China's electrical industry is facing the same difficulties as the machinery industry: from October 2008 to February 2009, the monthly export value gradually decreased. Exports in October amounted to US$5.529 billion, down 7.6% from US$5.984 billion in September; November exports US$5.054 billion, down 8.59% from the previous month; December exports US$4.922 billion, down 2.61%; in January 2009 exports 4.011 billion The dollar fell by 18.51%; in February, it exported 2.927 billion U.S. dollars, a decrease of 27.03%. Although the data show that China’s electrical industry exports in March 2009 achieved US$4.091 billion, an increase of 39.77%, and began to reverse the successive month-by-month declines in the previous five months, it cannot be judged by this that foreign demand has rebounded because China’s foreign trade has stabilized. Growth policies and self-adjusted corporate initiatives have also played a key role in the growth of this data. Whether the trend of declining declines in imports and exports can continue in the future depends on the performance of external demand. From the current situation, the basis for the recovery of imports and exports is not yet stable, and the export situation remains grim.
According to predictions of relevant international organizations, the basic trend of economic decline in the world has not yet been fundamentally changed, and the decline in global trade has not yet bottomed out. Demand for major export markets of China’s machinery products such as the EU, the United States, and Japan is still shrinking. At the same time, under the economic downturn, countries tend to tighten their trade policies, and trade protectionism is likely to come back. In this regard, we must have a clear understanding and preparation. At present, to deal with the international financial crisis and promote the development of foreign trade, it is imperative that we address and address the following issues:
First, the industry and enterprises should make full use of the various preferential policies that the country has issued to promote the development of export trade. In response to this round of financial crisis, the Chinese government has adopted a number of policies to increase macroeconomic control, increase investment in fixed assets, formulate policies and measures to further support the equipment manufacturing industry, fully implement the reform of VAT reform, and expand domestic consumption. To stimulate domestic demand. As far as the export of electrical products is concerned, there are also many favorable factors: RMB bank loans have repeatedly lowered interest rates; steel prices have fallen from high levels; a large number of products have increased the export tax rebate rate; the state has subsidized sales of agricultural machinery and vehicles and automobile sales. The development of electrical products; the RMB exchange rate against the US dollar has recently stopped its rapid appreciation and maintained a relatively stable level. For these preferential policies and favorable factors, enterprises must fully grasp, so as to effectively promote the development of production and foreign trade.
Second, seize the opportunity to continuously optimize the structure of export products. Specifically, on the one hand, we must continuously improve the quality of labor-intensive products that are more competitive (such as small and medium-sized motors, some low-voltage electrical appliances, power tools, etc.), consolidate and expand international market share; on the other hand, we must constantly optimize exports. Product structure, gradually changing the current situation of low value-added and low-tech products occupying a major position, intensifying the development of high-tech and high-value-added products, developing products with independent intellectual property rights, and paying attention to product technical standards. Constantly improve and improve, strive to move closer to international standards or international advanced technical standards and transformation, improve international competitiveness. At the same time, we will strive to gradually transform some processing trade into general trade exports, gradually transform some OEM products into self-branded exports, and adjust the product mix of high-pollution, high-energy-consumption, high-consumption and scarce resources (copper, aluminum, etc.) to improve Added value.
Third, vigorously promote the diversification of export markets and expand exports to emerging economies and developing countries. The current decline in the demand for advanced economies such as the European Union, the United States, and Japan requires that China must diversify into other potential markets, such as the Middle East, Central Asia, Latin America, Africa, Eastern Europe, India, Brazil, and Russia. Losses in markets such as the United States.
In recent years, China’s mechanical products (including electrical products) and India, Brazil, Russia and other emerging economic entities (ie, the other three countries of the BRIC countries) have developed rapidly bilateral trade. In 2007 and 2008, China’s machinery products were exported in all three countries. Showing high growth, of which India achieved export growth of 77.21% in 2007 and 61.65% in 2008; Brazil, export growth of 72.9% in 2007 and growth of 88.07% in 2008; Russia, export growth of 115% in 2007 and growth of 44.42% in 2008 . Industry insiders generally believe that currently China's production of power generation equipment, power transmission and transformation equipment, and various other electrical equipment and parts and components, etc., will have good export prospects for the above three countries in the future.
In addition, we encourage and vigorously develop the trade and cooperation between electric companies and China that have signed free trade agreements with certain countries. According to statistics, China and ASEAN’s Free Trade Area Agreement on Trade in Goods was signed in July 2005. China will cancel tariffs on most products in Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand in six countries in 2010. And built a free trade zone. Four ASEAN members from Cambodia, Laos, Myanmar and Vietnam will also be free trade with China in 2015. On April 28, China signed a free trade agreement with Peru. The agreement stipulates that the parties will implement zero tariffs on more than 90% of their products in phases. By then, China’s machinery, electrical appliances, and automobiles will all benefit from the tax cuts.
Finally, further promote the export of large-scale complete sets of equipment. At present, it is necessary to further expand the export of complete sets of projects including power generation equipment and power transmission and transformation equipment. At the same time, it is recommended that relevant government departments provide enterprises with assistance in project implementation (including foreign aid projects and bilateral cooperation projects), credit, insurance, and foreign exchange settlement. Help, improve relevant policies and measures, make full use of bilateral political, diplomatic and trade-based trade dialogue and consultation mechanisms, encourage and support the equipment manufacturing industry to actively explore the international market.
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