Three Positive Stimulus Package Printing In China The Fastest Growing Export – Export, Printing,
Data show that the developed countries led by the United States consumer market rebound faster than expected, the current sourcing inquiry is the fastest growing food and beverage, packaging and printing, beauty and personal care. Germany, Russia and the Middle East to China procurement Chinese suppliers inquiry there have been significant growth in these countries and regions of China in the first quarter will make a greater contribution to export growth.
HC printing network “Alibaba platform from overseas Purchase Business inquiry, search and other indicators, foreign buyers of Chinese products sourcing confidence is recovering. We expect the first quarter of 2010, exports to China sharply rebounded, up 20%, the overall level is expected to approach the level of foreign trade and exports in early 2008. “Yesterday, Alibaba CEO David Wei said in an interview to the forecast.
This clear judgments, the parties to the recent market trend of China’s trade the most optimistic judgments. In fact, the economic recovery in 2010 is almost a consensus of global trade when the market, however, as E-commerce Alibaba leader judgments still far exceeds public expectations.
Previously, Alibaba has been predicted in the earliest, “the global economic winter” and the coming of the end of 2009 “after Financial Crisis “era. Wei, further said that” at least, Online Chinese Trading The recovery process than the traditional market. “
Three stimulated exports to China “Alibaba platform from the fourth quarter of 2009, data showed the U.S. consumer market in developed countries, led by rebound faster than expected, the current sourcing is the fastest growing Inquiry Food And beverage, packaging and printing, beauty and personal care. “Said David Wei, Germany, Russia and the Middle East to China procurement Chinese suppliers inquiry there have been significant growth in these countries and regions of China in the first quarter will make a greater contribution to export growth.
In fact, in inventory investment and fiscal stimulus, the joint efforts of the United States and other Western economies from 2009 three quarter rebound, rebound and such growth has continued into 2010.
International Monetary Fund (IMF) estimated in 2010 U.S. GDP will grow 1.5%, the economy was continuing its slow recovery. Manufacturing China purchasing managers index (PMI) leading indicators also show that the United States and Europe and Japan begin to recover the manufacturing sector, especially in the eurozone has experienced depression for 17 months after the October 2009 mark for the first time 50.
Wei, that the first quarter of 2009, severely affected by economic crisis, a very low base, but the November 2009, December surge of imports of processing trade, China’s exports for the current “V” word provides the basis for reversing the conditions.
State Customs statistics show that in December 2009 China imported 62.16 million tons of iron ore and 2126 tons of crude oil. In addition, from January 1, China and ASEAN countries to achieve a zero tariff, which China’s exports rebound of growth to provide good conditions.
Strong signs of recovery momentum In fact, there are signs that China’s exports have shown a strong momentum of recovery. December 2009, China’s export growth rate reached 17.7%, since this is in 2009, exports for the first time to positive. And export data, similar to the imports in December 2009 to scale the highest monthly level in history, raising the growth rate 18.9 percentage points higher than Central.
In addition, monthly exports of 3.34 million tons of steel, unwrought aluminum, container, integrated circuits, color TV and furniture exports better than expected.
“Import and export data-than-expected, reflecting the rapid rebound in overseas markets is also reflected in China’s major export partners, the U.S. and EU economies are also being recovered.” Wei, also said the U.S. unemployment rate edged down may be a trend of decline, the unemployment rate will increase consumption reduce the pulling power, it will be beneficial to China’s export.
For export enterprises, actually feel the momentum of export growth. “From the fourth quarter of 2009, increasing overseas orders, but from the current first quarter of 2010, receiving the orders of view, up two percent over last year.” Chalk king, city of Hubei Province Liu total embankment chalk China factory Manager Liu Dafeng said. Optimistic expectations far more than the average judge
With the United States and other Western economies, the recovery is expected in 2010, and a lower risk of second bottom of the judge, the current investment bank, represented by the macro-economists, the mainstream voice for the first quarter and next year hold generally optimistic about the overall exports. They expected the first quarter of 2010, an increase of about 10% -15%, respectively.
Guotai Junan Securities analysts believe that China’s export growth in 2010 will reach about 10% share of total global exports to rise to 9.1%, but China will enter a 9% ~ 12% of the bottleneck region. Huatai Securities were the joint exports in 2010 grew by about 10% of the ground that the household sector deleveraging will take time abroad in the short term consumer credit is difficult to rejuvenate.
But control 45 million registered users worldwide procurement, supply data, Alibaba CEO Wei, boldly predicted that a quarter of China’s exports in 2010 grew to reach 20%, even more likely, a basic resume to 2008 quarter level.
“SMEs are now the worry is not the crisis will end, but how to grasp the economic recovery, foreign trade and warming-up opportunity.” Said David Wei, Alibaba will remain low threshold e-commerce strategy, with services and technology to help SMEs through the “wave of the spring.”
The same time, he suggested that SMEs in the meantime things have to do three, six characters: the first Design , The second channel, the third service.
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