www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

Exports facing tough 2013

By Chen Jia (China Daily) Updated: 2012-11-02 10:21

Exports facing tough 2013

Workers complete export orders at a clothing factory in Huaibei, Anhui province. According to experts, China is losing its advantage in labor-intensive industries as production costs increase. [Photo/China Daily]?

Sluggish demand, islands tensions, rising labor costs likely to hit orders

China may suffer an even worse environment for exports next year, in the wake of sluggish global demand, especially in the United States and Japan, said a senior economist with the State Council on Thursday.

"The situation for 2013 is not likely to be better than this year," said Long Guoqiang, director-general of the Research Department of Foreign Economic Relations of the Development Research Center under the State Council.

As the US will have large drags on its fiscal situation next year, the government is likely to cut spending while improving tax reform, which may lead to the continuation of low imports from China, according to Long.

"Sino-Japanese trade and investment may also see a gloomy outlook, affected by the Diaoyu Islands dispute," Long said.

But he predicted relatively stable growth in exports in the last three months of this year, similar to September's 9.9 percent year-on-year growth.

A research note from UBS AG predicted that exports in October are likely to grow by almost 9 percent from a year earlier.

The National Bureau of Statistics released the Purchase Management Index for manufacturers on Thursday, which indicated an improvement in new export orders in October, up to 49.3 from September's 48.8, but is still showing a contraction.

Some industries, including furniture, automobiles and electronic equipment, saw an expansion in October, according to the statistics.

"Despite the less sharp contraction of orders, exporters still face strong headwinds in the coming months," said Sun Junwei, an economist with HSBC Holdings.

Sun said that the sharp rebound in China's export growth from a rate of about 2 percent between July and August to 9.9 percent in September "will unlikely be sustained".

A survey of exporters at the Canton Fair in October showed that only 20 percent of them saw an increase in orders, according to HSBC.

As production costs increase in China, the country is losing part of the advantage in labor-intensive industries, which has contributed the most to the "miracle" growth rate during the past decade, Long said.

"The country's exports will see new opportunities in the next 10 years, with advantages from the enlarging industrial scale, which can help accelerate the product upgrade and accelerate high technology imports," he said.

Long suggested seizing chances during the urbanization process in emerging economies and exporting high technology value-added products to maintain domestic growth.

chenjia1@chinadaily.com.cn

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 九九综合九九综合 | 国内自拍在线视频高清 | 久久―日本道色综合久久 | 精品在线视频免费观看 | 欧美一级www毛片 | 欧美国产永久免费看片 | 欧美一级永久免费毛片在线 | 91精选视频在线观看 | 欧美精品国产一区二区三区 | 亚洲免费区 | 一级毛片私人影院老司机 | 日本在线加勒比 | 男人的天堂2018 | 婷婷尹人香蕉久久天堂 | 成人小视频在线观看免费 | 亚洲国产成人在人网站天堂 | 欧美视频精品 | 国产高清在线观看 | 成人资源在线 | 精品视频 九九九 | 99精品久久久久久久 | a级毛片高清免费视频 | 黄色a网| 亚洲一区在线播放 | 欧美色xx | 欧美性色高清生活片 | 92手机看片福利永久国产 | 国产一二三区精品 | 久久国产精品久久国产片 | 亚洲综合免费 | 亚洲另类激情综合偷自拍 | 国产成人手机视频 | 手机看片免费基地你懂的 | 欧美精品伊人久久 | 美女张开腿双腿让男人桶 | 久色视频在线观看 | 三级香蕉| 玖草资源在线 | 色老头一级毛片 | 欧美在线视频看看 | 成人午夜免费视频 |