USEUROPEAFRICAASIA 中文雙語Fran?ais
    China
    Home / China / Business

    Innovation helps firms win rewards

    By Qiu Quanlin | China Daily Africa | Updated: 2015-05-10 15:35

    Export decline due to weak external demand and slow EU recovery

    Chinese exporters with innovative brands and competitive products managed to buck the downtrend and win sizable orders from overseas firms at the 117th China Import and Export Fair, which ended on May 5 in Guangzhou, the capital of Guangdong province.

    Transactions during the bi-annual event, widely known as the Canton Fair, and usually seen as a barometer of China's foreign trade, fell 9.64 percent year-on-year to $28.05 billion, the event organizers said on May 5.

    "Due to the sluggish demand from overseas markets, many Chinese exporters have realized that the only way to improve competitiveness and get overseas orders is through innovation and advanced technology," said Liu Jianjun, spokesman for the fair.

    The overall decline in exports was largely due to weak external demand and the slow recovery in the European Union, Liu said.

    "Exporters with self-developed brands and advanced technology have secured more deals thanks to their increased competitiveness in the global market," said Liu, who is also deputy director-general of the China Foreign Trade Center.

    Innovation helps firms win rewards

    According to Liu, companies at the Brand Pavilion of the fair accounted for more than 20 percent of the exhibition stands, contributing a large proportion of the total transactions.

    The trend of slower export deals during the fair was well reflected by a sluggish trade performance in the first three months of this year as China's trade volume contracted 6.3 percent year-on-year.

    China's exports declined 14.6 percent in March from the same period a year earlier to $144.6 billion, according to the General Administration of Customs.

    "Chinese exporters should no longer rely on labor-intensive production and lower added value to tap the international market," said Liu.

    According to Liu, the outlook for China's trade performance in the whole year remains uncertain due to lower external demand and strong competition from other countries.

    A report on foreign trade, released by the Ministry of Commerce on Tuesday, said China's exports face strong competition from other nations, especially strong economies that have begun recalling manufacturing by implementing advanced technologies.

    The exports of high-end products will face stiff competition from strong economies including the United States and the European Union, the report said, citing annual exports from the two rising by 9 percent and 8.2 percent, respectively, in the past five years.

    However, exporters that have developed their own innovative brands using advanced technology in the Pearl River Delta, a major manufacturing and trade center in South China, concluded more deals with overseas buyers over the past few months.

    Xie Bo, founder and general manager of Radiolink Electronic Ltd, a manufacturer of remote controlled unmanned aerial vehicles said the company's capacity was not enough to cater to demand.

    The company, based in Shenzhen in Guangdong, sold more than 1 million drones in April, according to Xie. "We are not worried about the overseas market as we have developed cutting-edge technology and built up a reputation overseas," said Xie.

    According to Xie, the company has developed a long-term strategy to enter the international market by introducing more advanced facilities and equipment in the aeromodeling electronics industry.

    qiuquanlin@chinadaily.com.cn

    Editor's picks
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    亚洲国产精品无码久久久不卡| 日韩av无码一区二区三区| 中文字幕无码日韩专区免费| 亚洲精品无码久久毛片| 无码超乳爆乳中文字幕久久| 中文字幕无码不卡在线| 日韩人妻无码中文字幕视频| 无码日韩精品一区二区人妻| 午夜无码伦费影视在线观看 | 无码AV动漫精品一区二区免费| 亚洲av永久无码精品漫画| 中文字幕毛片| 最近中文字幕视频在线资源| 中文字幕理伦午夜福利片| 国产午夜无码专区喷水| 久久久久亚洲AV片无码下载蜜桃| 亚洲国产精品无码久久一线| 韩日美无码精品无码| 久久中文字幕一区二区| 亚洲av中文无码乱人伦在线r▽| 久久青青草原亚洲av无码| 精品无码一级毛片免费视频观看| 国产成人A人亚洲精品无码| 无码人妻精品一区二区三区久久久 | 高潮潮喷奶水飞溅视频无码| 亚洲国产精品狼友中文久久久| 天堂中文在线资源| 中文字幕亚洲综合精品一区| 日本中文字幕一区二区有码在线| 亚洲av中文无码乱人伦在线播放 | 爆操夜夜操天天操狠操中文| 中文字幕日本人妻久久久免费| 欧美日韩亚洲中文字幕一区二区三区 | 免费无码一区二区三区蜜桃| 一级中文字幕免费乱码专区| 日日麻批免费40分钟无码| 国产精品亚洲w码日韩中文| 最近2019年中文字幕一页| 线中文在线资源 官网| 国产AⅤ无码专区亚洲AV| 亚洲AV无码成人精品区天堂|