Chinese Export Situation in Coal, Bit Tools, Foodwear, etc.
China Coal Export has decreased for two consecutive months
The Customs statistics show that since June this year, China coal export has decreased for two consecutive months. It is predicted the export volume will be the same level of last year. The data shows that from January to August, China export 33.64 million tons totally, which increased 0.3% compared with the same period last year; among which, China coal export in August was 3.37 million tons, which reduced 1.41 millions compared with the amount in July.
Depreciation of Euro Dollar makes the Export of Yangjiang Bit Tools slow down in Guangdong
Influence the factors that the appreciation of RMB and increase of raw material prices, “Chinese Bit Tools Capital”, part of Yangjiang enterprises in Guangdong has been endured great burden to forward.
Part of Ningbo Export Company obtain Export Tariff Concessions
The textiles, garment machinery and electronic products which export from Ningbo to New Zealand could be reduced two percentage points’ tariffs. Ningbo Inspection and Quarantine Bureau reminded recently from this month, part of Ningbo export enterprises could obtain New Zealand’s export tariff concessions by the certificate of origin.
Exports of Domestic Footwear industry are expected to fall 20%
President of Hong Kong Footwear Association, Liang Richang said influenced the global economic slowdown and financial crisis, domestic exports of footwear industry had a significant drop in the previous quarter, and the annual export volume would be expected to fall 20% over last year. He also said there would be 10-15% decline in 2009, while the largest decline in exports would be the shipments to America. Moreover, he also believed that the footwear industry in Guangdong Province would have a new round completion tide at the end of this year.
Exports of Chinese Textile Goods to Russia have a stable Growth
In recent years, bilateral trade between China and Russia has gradually increased, so the exports of Chinese textile goods to Russia still keep the stable growth.
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