If in 2009 the 105th and the 106th Canton Fair is the most difficult time foreign trade enterprises, then the spring of 2010, the 107th Canton Fair is the most complex period. Zhong Shan, Vice Minister of Commerce a few times in the Canton Museum Tour, said: "2010 is the most complicated situation of foreign trade a year."
Is seen as China's trade "wind vane" of the Canton Fair, this made many on April 15 by the opening three days to have significant signs of improvement. I learned from the Canton Fair, this year the chain will increase customers about 17%, an increase of 30%. Popularity has risen. Last year, two European and American buyers is difficult to see in 2010 increased significantly. "We used to joke that, faced financial crisis, European and American buyers could not afford a plane ticket." Guangdong Hongyu Ceramics Co., Ltd. Leader Hoda inflammation of the "financial," I said with a smile, "European and American businessmen back in 2010, this three days have been Europe and the United States began to receive large single. "beauty sales staff also said that a quarter of America's export orders increased by 30% over the same period; do appliances Wanbao Group Co., Ltd. Last year, 14% of exports is negative, the first quarter of 2010, exports recovered to are up 24%. I interviewed household appliances, motorcycles, bicycles, automobile parts, chemicals and metal export companies, many business executives said the export seems to bottom out, is to catch the pre-crisis levels.
However, the Canton Fair also sends disturbing signals that business. As the pressure of RMB appreciation, raw material price increases to accelerate, and the trade friction, uncertainty in the international economic recovery, some companies said that at present can not take a long single. Zhejiang King Bicycle business productivity Pa Wei told the sales staff, "Finance and Economics," the author, a bike that only 10% gross margin to 15%, 5% if the yuan appreciation, the industry will stand a chance. Fear of RMB appreciation, international demand instability, also, with the iron ore price hikes, a bike is also a sharp rise of raw materials, profit margins being squeezed, in 2010 had longer only for the short list, and pressure from management costs, development of new products such as response to uncertain market. Some enterprises even to export credit insurance, letters of credit at sight, wire transfers and other methods before shipment to avoid the current complex and volatile trading environment.
However, Vice Minister of Commerce visits Zhongshan Hall several times, he kept on the company release signal: China's foreign trade policy and stability of RMB exchange rate basically stable. The two "stable" was just appointed the Mayor of Guangzhou Wan Qingliang summarized as "Zhong Shan, Vice Minister of the good offices of the United States returned to China's foreign trade has brought two companies 'assurance'."
Zhong Shan, vice minister of the export Suzuki (SANLG) Motor Company in Guangzhou horses head Huangguo Yu said: "In the past we focused on exports, imports and exports balance our pursuit of the future. Chinese enterprises to walk on two legs, both domestic and foreign trade market with both hands . "He hoped that China's foreign trade export enterprises in China should not ignore the broad market, while in order to ensure the external expansion of domestic orders.
It is reported that Vice Minister of Commerce Zhongshan March 24 visit the United States trade deficit and RMB exchange rate on such issues as negotiations with U.S. officials, Zhongshan, Guangdong Province during the Canton Fair and Guangzhou Mayor Huang Huahua Wan Qingliang exchanges that is the best way to dialogue and consultation. Inference drawn from the Sino-US trade surplus with the United States, "China's currency manipulation," the conclusion is wrong. Exchange rate is not a major factor in the decision trade surplus. He said that Sino-US trade in goods deficit with the United States, but China-US trade in services has been a deficit. Sino-US agricultural trade, China is the deficit. If the United States, logical reasoning, then the dollar should also be appreciated.

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