IIR experts downward pressure remains large export trade this year could have

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Long Guoqiang, Deputy Director of development research center of the State Council said on August 19, downward pressure on China's exports are still very great, this year is likely to be negative, even negative growth than last year will be a big one.

According to customs statistics, in 2015, China's imports and exports of US $ 3.96 trillion, down 8%, exported US $ 2.28 trillion, a drop of 2.8% imports US $ 1.68 trillion, a drop of 14.1%.

2016 years ago in July, China's import and export US $ 2.0278 trillion, a drop of 8.7%. Among them, exports US $ 1.1676 trillion, down 7.4%; imports $ 860.1 billion, a drop of 10.5%.

Long Guoqiang believes that demand from foreign trade, foreign trade, environment and competitiveness factors, China's foreign trade are not so good.

He thought the global economic weakness, global goods trade remains low and growth is not just a Chinese pressure, downward pressure on States.

"In the context of weak, of all types and various forms of protectionism on the rise, particularly against China. "Long Guoqiang said, according to China Steel has a variety of anti-dumping, anti-subsidy, that is consistent with WTO rules of form, protectionism in practice, so the external environment of China's foreign trade is more severe.

In addition, China's traditional goods trade is dependent on labour-intensive industries compete globally, value chains are mainly labor-intensive products.

In recent years, labor costs in China are rising, land costs, financing costs and other cost increases.

"Rising costs in extrusion we depend on low-cost advantages in global competition over the years. "Long Guoqiang said the increased number of developing countries, such as Viet Nam and Cambodia, also began to participate in global competition in labour-intensive industries to China have become compressed. Experts on China s free trade zone administrative

He believes in traditional competitive advantages are squeezed in the process, have emerged such as Huawei, China enterprises with technology and brand, but by quality, by brand, by technology, by service, international sales channels, and to create new advantages in international competition, and on the whole has no real form.

Imports, Assistant Minister of Commerce, said Zhang JI, commodity prices fell by a big impact on imports. "Last year was increased price drop, spend more than 180 billion dollars less, more commodities were we come in, the effect is very good, although the figures worried, but actually spent less money and more. "

Zhang JI also said the imports but also by the country's economic impact. "The decrease in domestic demand and fixed-asset investment slowed down, affecting imports of investment goods and intermediate goods", Zhang JI said. China's imports of investment goods and intermediate goods accounted for about 93% of.

Analysis of Zhang JI Tao, Chinese exports, mainly from the effect of external demand and domestic supply side, imports mainly under the influence of international commodity prices and domestic demand. "From the perspective of these factors, we export large downward pressure is present. "