The import and export growth rate of construction

2022-08-13
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The import and export growth rate of construction machinery in Jiangsu Province shows a slowing trend

the import and export growth rate of construction machinery in Jiangsu Province shows a slowing trend

China Construction machinery information

Guide: in fact, since last October, the import and export of Jiangsu Province has shown a slowing trend. Jiangsu Provincial Department of Commerce professionals said. In January, both imports and exports showed negative growth for the first time in the past two years. The new data released by Nanjing Customs shows that as a major foreign trade province, Jiangsu is also unhappy

"in fact, since last October, the import and export of Jiangsu Province has shown a trend of slowing down." Jiangsu Provincial Department of Commerce professionals said

in January, both imports and exports showed negative growth for the first time in two years. According to the new data released by Nanjing Customs, as a major foreign trade province, Jiangsu's situation is also not optimistic, with a year-on-year decline higher than the national average

"in fact, since last October, the import and export of the province has shown a trend of slowing down." Provincial Department of Commerce professionals said

the direct reason for the sluggish export is the sluggish external demand. As the largest foreign trade market in Jiangsu Province, many EU countries are deeply mired in the sovereign debt crisis and the economy is depressed, so importers are cautious about placing orders. At the Canton Fair last autumn, the participating enterprises in Jiangsu Province generally reported that the number of European merchants attending the fair was significantly reduced. Even if they attended the fair, they would still wait and see more and place fewer orders. In January this year, the province's import and export to the EU amounted to 6.52 billion US dollars and its export to the EU amounted to 5.04 billion US dollars, a decrease greater than that of other regions. Another factor is statistical caliber. The Spring Festival came early this year, with only 17 legal working days in January, four days less than the same period last year

however, there are also bright colors in the "cold winter" of foreign trade. In January, the province's export to the United States was $4.85 billion, a year-on-year increase of 4.5%; Imports and exports to Latin American and African markets were US $2.05 billion and US $860 million, with growth rates of 13.6% and 19.3% respectively In terms of regional distribution, Northern Jiangsu Province has accumulated a lot and suddenly emerged. The total import and export volume of the five cities reached 1.91 billion US dollars, an increase of 10.9% Among them, Xuzhou is particularly prominent, with import and export growth of 39% and export growth of 64% According to Chen Wei, deputy director of Xuzhou Municipal Bureau of Commerce, the main contributor to the strong breakthrough in Xuzhou's foreign trade is XCMG. Last year, XCMG signed a large order for the export of cranes, road rollers and other construction machinery to Venezuela of US $700million. This year, it exported US $200million in one month

experts analyzed that under the macro situation of whether the position of the active needle of the downward pressure on the world economy is adjusted correctly and tightened, and the instability and uncertainty are increasing, the situation of foreign trade exports is difficult to fundamentally change in the short term. If the international financial crisis, which began with the U.S. subprime mortgage crisis, has brought a storm like impact, then the challenge now is to "boil the frog in warm water", which comes slowly and walks slowly. However, as a major driving force for economic growth, the role of exports in "seeking progress in stability" in Jiangsu Province cannot be weakened. According to the requirements of the 12th provincial Party Congress and the just concluded provincial "two sessions", exports must remain stable. The provincial government recently issued document No. 1, which made a comprehensive deployment on further stabilizing the growth of foreign trade and promoting the transformation of foreign trade and economic cooperation

according to the deployment of the provincial Party committee and the provincial government, a spring offensive to stabilize external demand began in full swing. At the beginning of March, the East China Export Commodities Fair will be held in Shanghai. Jiangsu Province has made clear the "one increase and one reduction" support policy. The exhibition subsidy is increased by 10% compared with the previous session, and the cost of stalls for testing such experiments is reduced by 10%. The scale of exhibition in the province is significantly expanded. The Provincial Department of Commerce carefully screened the exhibitions based on the provincial trade development strategy. Japan is a major market in Jiangsu Province, with relatively stable customer channels. In May, Jiangsu Province will hold its own exhibition in Osaka, Japan, with the main task of meeting new customers and striving for better selling prices. In June, professional fairs such as the UK offshore wind power show, the US international solar energy show in the second half of the year, the Brazilian medical exhibition and the South African International Trade Fair, which are difficult to make bricks without straw, have also been listed as provincial key exhibitions, and exhibitors can receive% subsidies

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