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The Decline In Imports Does Not Mean That The Economy Is In Recession.

2016/1/18 21:56:00 21

Import VolumeEconomyForeign Trade

"The decline in imports in 2015 seems to be larger. In fact, it is mainly affected by the decline in commodity prices. In terms of import volume, Zhejiang is still steady and rising."

Seeing the import and export data for the whole year, Zhang Handong, President of Zhejiang Business Research Institute, said that the analysis data should not only look at the increase or decrease, but also need to figure out an account behind it.

Macro economy

Fundamentals remain stable.

For this reason, it comes from

Hangzhou

The customs data also have evidence: in 2015, Zhejiang province.

Imported

Scrap metal, iron ore and other 20 categories of raw materials and resource commodities 218 billion 730 million yuan, 17.2% lower than that in 2014, which accounted for half of the total import value of the province's imports, the average price of imports has declined, of which the average price of crude oil imports fell 48.3%.

Through the index calculation, we can find that the import price index of the 20 categories of raw material and resource commodities in 2015 is 74.4, that is, the import price has dropped by 25.6%, and the import quantity index is 111.2, that is, the import quantity has increased by 11.2%.

It can be seen that the import volume of the whole province is still rising up last year, and the decline in import prices is the main reason for the decrease in the total import volume of the whole province.

Huang Songping, spokesman of the General Administration of customs, said in an interview recently that China's trade price index in 2015 was 112.1, indicating that a certain number of commodities exported to China could be exchanged for more than 12.1% of imports. This means that China's trade price conditions have improved significantly and foreign trade benefits have been improved.

"The decline in global commodity prices is good for China's economy to cut costs.

Enterprises in need can take advantage of the opportunity that commodity prices are low at the right time, and import some raw material resources at the right time.

Zhang Handong said that whether it is arbitrage operation or reserve for future production, for imported enterprises, bargain absorption can be considered.

In addition to raw and resource-based commodities, many people in the industry say that importing advanced equipment abroad is also facing a relatively good opportunity.

"For example, the prospect of photovoltaic industry is good, domestic equipment consumption is large, the demand for foreign high-end equipment is strong, and there will be large space for the complete set of imported equipment in the photovoltaic industry in the future."

Guo Chunxiang, general manager of Zhejiang import and export company, which is importing high-end equipment, said.

Although the total import volume of the whole province has declined, in daily life, consumer goods, represented by daily consumer goods and agricultural products, are still thrived.

Now, more and more imported goods have entered the homes of ordinary people.

Ningbo customs officials told reporters that in 2015, Ningbo customs import value of cross-border electricity suppliers was 2 billion 930 million yuan, an increase of 6.9 times compared to 2014, 6 million 75 thousand new consumers, an increase of 5.8 times, and a total of 50 thousand customs customs records. Over the border platform, the sales volume of imported products such as food, kitchen and bathroom household appliances, health care products and toiletries and toiletries increased steadily, except for the main products such as milk powder and wet products.

"In 2015, the sales volume of our imports reached US $5 million, an increase of more than 100%."

Jin Xufeng, director of Yiwu Jin Long Yi Jing Tong supply chain service Co., Ltd., is also quite aware of this. Now, their imported consumer goods range has involved tens of thousands of products in dozens of countries.

After "selling the world", the keen Yiwu people once again grabbed the opportunity and shouted the slogan of "buying the whole world".

"Last year, Yiwu issued a number of opinions on accelerating the development of import trade. We can get 6 RMB yuan for every 1 dollars of daily consumer goods we import."

Jin Xufeng told reporters that such a policy is very attractive. Since 2015, hundreds of small and medium-sized enterprises have been negotiating with them.

In addition to the field of consumer goods, the import of fruits and fresh produce has also been vigorously promoted.

Hangzhou customs data show that in 2015, Zhejiang imported 33 billion 40 million yuan of agricultural products, an increase of 9.5%.

The popularity of imported commodities has benefited from the trend of China's domestic demand upgrading.

"In the next 15 years, China's middle class will reach 500 million people. The 500 million middle class will pull China's 3 domestic demand."

Over the past year, Ma Yun has repeatedly stressed the new opportunities of China's consumer market on many occasions.

"The domestic market is broad."

Zhang Handong said that behind the hot imported goods and the outgoing rush of buying, we should see the huge space for domestic industry to supply innovation and clarify the direction of the supply side reform.


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