Background Statistics show that China foreign trade surplus is based on 177.5 billion dollars last year,and continued rapid growth this year. In the first quarter trade surplus reached 46.4 billion dollars,increased 23.1 billion dollars over last year.Some experts estimate that in the short term the circumstances to promote trade surplus growth factors can not change ,the trade surplus will continue to rapid growth.this year, China trade surplus may exceed 250 billion dollars.
April 18 ,Premier Wen Jiabao chaired a State Council executive meeting of the first quarter economic performance, deployment of current economic work.The meeting pointed out,we must be clearly aware, the trade surplus continued to increase in the current economic operation are still some outstanding contradictions and problems.The Meeting stressed the need to clean up the unreasonable preferential export, policies to actively expand the advanced technology and equipment ,Effectively restrain trade surplus grow fast.
According to the customs,re-exports of domestic products, means to import has entered the China mainland of bonded logistics park or free trade port of Chinese products.These products are not processed in the case of cargo status change, for some reason need to re-transfer transported into the country.Among these, there are economic disputes due to quality problems and were returned the product, there are multinational corporations to consider the layout of the global industrial chain (
global trade), but more re-exports of domestic products and imports are "processing trade" linked. [Analysis] Since 1980, re-exports of domestic products has increased 3056-fold .the annual total to 73.36 billion dollars, has exceeded China annual imports from the United States.Experts say this is the important reason led to China foreign trade surplus.
Since last year, the RMB appreciation trend to accelerate, interest rates increase, the state adopted measures to lower export tax rebate rate of some limits on high energy consumption, high pollution and resource exports and other measures to control exports.However, export growth momentum has not diminished, but more rapidly, while imports rise rapidly.n addition to being widely seen as the international industry transfer and technical progress the two major factors stimulating export expansion is the reason causing huge trade surplus, another important factor is re-export of imported domestic products case distortion of trade surplus,At present this factor has caused the departments great concern .Experts believe that the reason for causing the phenomenon of re-import export domestic products, because China current processing trade policy is not rational (
china electronics wholesale). Enterprise use of policy loopholes in the import trade on the one hand re-exports of domestic products, "piled high" of the trade figures, the import and export situation in the country can not make accurate judgments, on the other hand also caused a lot of revenue losses.from:
wholesale electronics
