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China's mechanical and electrical products export long way to go

View:51003/25/2017  

 China's mechanical and electrical products export long way to go

With the increase of the labor, exchange rate and other comprehensive costs, the traditional competitive advantages of China's electromechanical products are gradually weakened. In addition, after the global financial crisis in 2008, the overseas market shrank and the trade protectionism has risen. The international division of labor has also undergone profound changes. Export to a crossroads.
Long-term occupation of export commodities "Big Brother" position of the current growth rate of mechanical and electrical goods began to decline. According to the latest data released by the General Administration of Customs, the first half of China's export growth rate of mechanical and electrical products fell 3.6%, and this has become a major feature of the first half of foreign trade. Does this mean that the competitive advantage of electromechanical products began to lose? Mechanical and electrical industry should be how to force, to sit tight export of the "top spot"?
The industry said that with the weakening of the traditional competitive edge and the adjustment of international industries, China's machinery industry is indeed facing greater pressure, will enter the "turning period." The electromechanical industry must speed up the adjustment of competitive strategy, timely follow the trend of transformation and upgrading, seeking new profit points and competitive advantages.
The situation is changing
"Traditional strengths are weakening, China's exports of electromechanical products will be difficult to maintain the original high-speed growth." Wang Guiqing, vice president of Electrical Chamber of Commerce in an interview with the International Business Daily, said.
Zheng Yue Sheng, spokesman of the General Administration of Customs, said the export of electromechanical products decreased, traditional labor-intensive exports increased slightly in the first half of China's exports of mechanical and electrical products 3.67 trillion yuan, down 3.6%.
Ministry of Commerce spokesman Shen Danyang in a recent routine press conference of the Ministry of Commerce said that in June a major feature of foreign trade in China's exports of electromechanical and high-tech products fell slightly, year on year growth of 5.1% and 3.3% , Than in May fell 1.5 percentage points.
In this case,
For more than 30 years, the export of electromechanical products has been strong, especially after the State Council made a strategic decision to expand the export of electromechanical products in 1985, China seized the opportunity of international industrial relocation by low labor cost and vigorously promoted the development of electromechanical industry. In 1995, mechanical and electrical products for the first time to replace the textiles and garments to become China's first large class of export commodities, and for many years to occupy most of the import and export of most of the country, exports for the first time in 2010 ranked first in the world, to create a mechanical and electrical goods glory era. "The situation is changing, China's export of mechanical and electrical goods began to turn." Research Institute of the Ministry of Commerce, deputy director of international market research, researcher Bai Ming in an interview with the International Business Daily said that with the Chinese labor, exchange rates and other comprehensive costs, With the weakening of traditional competitive advantages, coupled with the shrinking of overseas markets after the global financial crisis in 2008, the rise of trade protectionism, technological innovation is leading to irreversible changes in demand structure, the international division of labor also underwent profound changes, Mechanical and electrical products exports have come to a crossroads.
Does this mean that the glory days of China's mechanical and electrical products will be gone forever? China's machinery and electronic products at the crossroads of exports go from here?
Strategy to be changed
"Although the export of electromechanical products is difficult to restore to the original growth rate, but the strength is still, the potential is still large." Wang Guiqing in the analysis of the future situation, said the export of mechanical and electrical products need to enter a "shift period", China's machinery industry should pay close attention to adjust Competitive Strategy.
Wang Guiqing said that although the export of electromechanical products is declining, but the Chinese mechanical and electrical products after more than 30 years of fought, has nurtured at least three advantages: one is the scale of China's mechanical and electrical industry this non- The second is the chain of mechanical and electrical industry than before, and the third is to create a ZTE, Huawei, CSR, North car and complete sets of equipment, power generation equipment, appliances, ships and a number of internationally competitive enterprises and products, Power is not what.
Zheng Yue Sheng quoted the latest data, said China's export growth rate of electromechanical products is declining, but still accounted for 56.4% of total foreign trade exports, the scale is still.
Bai Ming said that with the mechanical and electrical industry bigger, although cultivated a lot of advantages of products, but if not timely adjustment and upgrading, economies of scale will be diminishing. "Like a man, a young fever can bear cold, to sixty or seventy years old, a little cold can not bear.
"Mechanical and electrical industry to accelerate upgrades, change strategy, create a new competitive advantage." Bai said that the high cost of mechanical and electrical products in China in the past a major competitive advantage, but with the comprehensive cost increases, weakening the traditional advantages, and Europe and the United States industrial return and industry to Southeast Asia and other markets after the transfer of China's mechanical and electrical products to be changed strategies, relying on research and development, by product quality, by brand, by new sales model, relying on perfect after-sales service to create new profit points, enhance added value and create new competition Advantage.
Bai Ming said that the mechanical and electrical industry if the transition is progressing smoothly, then the current is facing periodic pressure in the past 30 years to achieve the first wave of rapid growth, the future of mechanical and electrical products can achieve the second wave, the third wave of rapid development.

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