September 14, 2012

Intensify Foreign Kors Bags trade in transition

State Council executive meeting held before michael kors, Michael Kors Handbags Store Online by accelerating the progress of the export tax rebate to support commercial banks in their efforts to expand trade financing for small and micro enterprises, to expand the size of the export credit insurance coverage eight initiatives to promote the steady growth of foreign trade, In the context of the downward pressure of the world economy continues to increase and the domestic economic slowdown, China's import and export outlook is not optimistic. I believe that, in addition to implement and improve the stability of export policies, should also step up efforts to support the transformation and upgrading of foreign trade, and promote China's foreign trade structure was further optimized.

The internal and external environment is not optimistic

From the import and export of the external environment, the kinetic energy of the global economic recovery is insufficient. August this year, the global manufacturing purchasing managers' index (PMI) fell from 48.4% in July to

48.1% in the four consecutive months of decline, a record low since June 2009. Eurozone manufacturing PMI rose to 45.1% from 44.0% in July, for 13 consecutive months in the ups and downs of the critical point of 50% or

less. U.S. manufacturing PMI fell from 49.8% in July to 49.6%, the third consecutive month below 50%, a record low since July 2009. Japanese manufacturing PMI fell to 47.7% from 47.9% in July, the highest since April 2011, a

new low. The majority of emerging markets PMI index continued hovering in the ups and downs of online.

The euro-zone economic divisions deepened. Following the first quarter of this year than the zero growth of the euro area in the second quarter gross domestic product (GDP) fell 0.2% MoM. The euro-zone economic

sentiment index fell to 86.1 in August from 87.9 in July, the lowest in nearly three years. The euro-zone economy as a whole is not now clear signs of recovery.

U.S. economy intensified downside risks. July consumer credit declined by 1.5% on an annualized basis, to show the American people towards consumption cautious. Approaching government "financial cliff" is to increase the risk

of a U.S. recession, combined with the external impact of the European debt crisis, the mild economic recovery is likely again repressed.

In addition, due to the overall weakness in external demand, domestic economy continue to be subject to structural problems, the short-term growth in emerging markets is not encouraging. Exposed BRIC countries domestic

demand, structural problems in the background of sluggish external demand.

From the import and export and domestic environment, the economy is still in the bottom of the run, slower growth trend deepened. China's above-scale industrial added value year-on-year growth of 8.9% in August, down

0.3 percentage points compared with July, the highest since May 2009 lows. Cumulative investment in fixed assets grew 20.2%, down 0.2 percentage points compared with July. The industrial producer price index (PPI) fell 3.5

percent, the highest since October 2009, a new low, as the representative of the real economy downward pressure on manufacturing is still large. The manufacturing PMI for August was 49.2%, the first time since November last

year fell below the line ups and downs reflect that the manufacturing sector is in contraction.

However, the domestic economy has shown some positive signs. The steady growth of domestic consumption in August, the total retail sales of social consumer goods grew 13.2%, 0.1 percentage points higher than last

month, picked up for the first time after four consecutive months of decline. The real estate investment showed signs of stabilization, 1-8 months, real estate investment up 15.6% rebound by 0.2 percentage points compared to

January-July, the first time in a year since the rebound. National new projects with total planned investment growth of 24.9% in the previous August, the growth rate increased by 1.3 percentage points over the previous July,

adding kinetic energy for future economic growth. Before August, the central investment decline of 3% in the first seven months of year-on-year to grow by 0.2%, played the entire fixed assets investment will zoom in and

leading role. With the the pre steady growth policy measures put in place and the role of China's economy is expected to rebound bottoming.

Import and export, "Paul ten" pressure

In August, China's import and export growth of only 0.2% year-on-year growth is almost stagnant. Accumulated from January to August this year, the import and export only over the same period last year growth of 6.2%

throughout the year, "Paul ten pressure increases, the situation is quite grim. Because the next time the global economy remains in the doldrums, China's import and export growth is likely to fall further.

Export growth will continue to fall. In August, China's manufacturing PMI new orders index was 48.7%, down 0.3 percentage points from last month. Reflect China's consumer goods market and export Yiwu climate index

recently rebounded slightly, but still below the index basis points by 1000, is expected to short-term foreign demand clunker. Despite the scale of exports in September last year, somewhat lower than in August, the base of the

small, but the number of working days in September this year, two days less than last year. September export growth is still likely to continue to fall.

Import growth or low levels. Leather Handbags : Expense Or maybe Indulgence? China's manufacturing PMI in August, the raw materials inventory index fell sharply again, domestic enterprises to the inventory pressure continued. Import growth in the short term may continue to

be a domestic destocking drag, but appearing to be picking commodity prices and international oil prices since July, is bound to push up the prices of imported goods in the short term. By of domestic destocking process and steady

growth policies introduced interaction, import growth will experience after the first slowdown in the process of stabilization.

Intensify foreign trade support

Should attach great importance to the problems and difficulties of the import and export trade, and take the initiative to deal with the international market competition intensifies, indirectly, the appreciation of the RMB, energy

and raw material prices, labor costs increased a lot of pressure, targeted to help enterprises overcome difficulties and boost confidence, keep The steady growth of foreign trade.

Continue to implement and improve the stability of export policies. To take effective measures to solve the problem of financing small and medium-sized foreign trade enterprises, to increase export enterprise credit market

orders and ECIC support efforts. Pilot VAT reform, tax reduction and exemption of export commodities are encouraged enterprise pilot. Promote the price reform, energy should be appropriately suppress excessive rise in prices of

raw materials and production services.

Increase support for the transformation and upgrading of foreign trade. Grasp the trend of global economic and industrial restructuring, and increase to the way policy to promote and encourage enterprises to market-oriented,

innovation-driven michael kors jet set tote, http://michaelkorshandbagsonline.org/michael-kors-jet-set_c-19.html quality driven brand pull to optimize the allocation of resources to the merger and reorganization, and promote China's foreign trade structure was further optimized Walking intensification and sustainable

development path.
The surrounding structural adjustment actively expand imports. Further reform of the import regime, and take the initiative to open up the market to focus on advanced technology and equipment, imports of key parts and

components as well as with the people closely related to daily necessities kors hamilton . hamilton tote Actively build exports to domestic sales platform to help foreign trade enterprises to co-ordinate domestic and international markets through the current

difficult period.

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