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1 ~ September Foshan Toys Below Five Percent The Proportion Of Processing Trade

1 ~ September Foshan Toys Below Five Percent The Proportion Of Processing Trade

Christmas Fair on the attention of foreign toys


A foreign buyers at the Guangzhou Trade Fair to watch 102 Christmas ornaments. Toy is Foshan One of the main export market, where the export processing trade accounted for about Jiucheng.

Along with the export tax rebate and processing trade-related new policies were implemented on Foshan City starting to prove trade effects. Recently learned from Foshan Customs, from January to September this year Foshan City Foreign Trade Import and Export shipments totaled 28.07 billion U.S. dollars, up 27.5% over last year, but lower than from January to August fell by 3 percent growth rate, slowing the momentum of trade surplus.

Marked slowdown in growth of processing trade

In 1-9 months, Foshan City processing trade export value reached 13.43 billion U.S. dollars, up 15.5%. Among them, exports 8.915 billion U.S. dollars, imports 4.515 billion U.S. dollars. This compared with growth of general trade, processing trade shows this year of steady growth trend.

Industry that Foshan Processing trade in the city has experienced rapid development of long-term, the recent marked slowdown in growth, and general trading in the implementation of "export-oriented" and "science and technology trade" strategy to promote, with the continued rapid rise of private enterprise development . Therefore, the processing trade and general trade in Foshan, the proportion of foreign trade, there has been reverse-style changes.

Data, processing trade accounted for by 2004 the proportion of Foshan's total foreign trade more than 6 percent and the highest close to 7 percent; proportion decreased in 2005 to 59.1%; in 2006 to 53.0%. From January to September this year, Foshan City, proportion of the total processing trade continued to decline, with only 47.8%. Meanwhile, Foshan general trade expanded year by year, the first time from January to September this year accounted for more than processing trade.

Foreign-owned enterprises Processing trade accounted for half of the country

Funded enterprises has always been Foshan City, the main force of the processing trade, retaining its position as the proportion of more than 8 percent. The first three quarters of this year, Foshan City-funded enterprises import and export of processing trade value of 11.427 billion U.S. dollars, accounting 85.1% of the total value of processing trade. Among them, foreign-funded enterprises import and export value of 6.36 billion U.S. dollars, up 54.0%, accounting for about half of the value of processing trade, Foshan, the maximum value for the calendar year.

"Data shows that nearly half of the processing trade, Foshan City, is a wholly foreign-owned enterprises of." Relevant to the trade, Foshan City, while private enterprises engaged in processing trade volume increasing year by year, but growth is slow, accounting for Foshan's total processing trade maintained at about 12% over the years. However, from January to September this year, Foshan, the value of processing trade, the growth rate of private enterprises to speed up the signs.

Export market Asian markets surge According to statistics, the first three quarters of this year Foshan City exports of processing trade reached 4.547 billion U.S. dollars in Asia, an increase of 38.5%. In addition to the Japanese market were flat compared with last year, other regions grew significantly. Among them, the Hong Kong market up 55.4%, 22.8% growth in the ASEAN markets, India's market growth of 32.7%, 28.5% growth in the Korean market. Compared with the booming Asian market

, U.S. and European markets are more stable. January-September Foshan processing trade goods exports to the EU 1.517 billion U.S. dollars, up 1.1%; for U.S. exports 2.001 billion U.S. dollars, down 2.1%. Asian market share of 51.0%, up 7 percent market share in the EU was 17.0%, down 3.1 percentage points, accounting for 22.5% of the U.S. market, down 4.9 percentage points.

"Restricted" to reduce the import and export of goods

This year, the new restrictions on processing trade commodities was officially implemented on August 23. Since the original provisions of the original contract management process, from the customs statistics data, in the processing trade growth has come down, some of which also appeared in the major indicators of change.

Data, processing trade export of electromechanical products increased rapidly, the proportion continued to rise, the city's processing trade accounted for 75.7% of the total weight. Household appliances, cameras, air conditioning, water heaters, gas appliances and other products accounted for exports of lead. Among them, the export of household electrical appliances 68.7 million units, the value of 1.382 billion U.S. dollars; exported 10.88 million digital cameras, the value of 777 million U.S. dollars; exported 2.36 million air conditioning units, the value of 386 million U.S. dollars.

New policy also led to the processing trade "restricted" to reduce the import and export goods. September, Foshan City processing trade export "restrictions on exports of Class" for the 59.4 million U.S. dollars worth of goods than in August fell 2.1%; imports "import restriction class" products 36.84 million U.S. dollars, down 10%.

Toy exports to the U.S. growth rate decreased significantly

Toys Foshan One of the main export market, where the export processing trade accounted for about Jiucheng. U.S. toy recalls this year by the impact, Foshan toy industry faces the most difficult year of operation.

The first three quarters of this year, Foshan City of processing trade exports 166 million U.S. dollars toys than last year still grew by 25.8%. Among them, 82.47 million U.S. dollars on U.S. exports, up 4.2%, with exports to the U.S. in 2006 compared with 20.1% growth rate fell sharply.

The trade, national trade policy adjustments to improve the processing trade, Category Management, is intended to encourage enterprises to enhance their competitiveness, promote upgrading of processing trade, far-reaching impact on the processing trade. From 1 September this year, the overall situation of Foshan, the new policy affect the current performance is still modest. However, the local processing trade enterprises should actively take stock of the situation, accelerate innovation, create its own brand, improving product technology content and added value, accelerate enterprise restructuring and growth pattern.

1 ~ September Foshan Toys Below Five Percent The Proportion Of Processing Trade

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