Economy of China in 2010.
China is the world's second largest economy after the United States. It is the world's fastest growing major economy, with average growth rates of 10% for the past 30 years.
China's top trading partners.
China's top trading partners are Europe, United States and Japan.
What are the main products for export in China?
In 2010, export of electromechanical products rose to 933.43 billion dollar, rising at 30.9 percent. This occupied 59.2% of total export volume in China, among which export of electronic products accounted for 388.79 billion dollar, rising at 29.1% and export of mechanical equipments accounted for 309.83%, rising at 31.4%.
What is the impact of finance crisis on Chinese suppliers?
Finance Crisis largely affected global trade in China. Especially in 2009, a large amount of exporters were facing challenges of a possible reshuffle in trading field. After crisis, companies with out-of-date industrial structure and production mode became obsolescent, while lots of excellent, advanced companies survived and stepped onto a higher level. Finance Crisis is not only a challenge but also a great opportunity for Chinese enterprises.
China's top international trade cities.
Beijing, Shanghai, Shenzhen and Tianjin. Nanjing, Suzhou, Zhangjiagang in Jiangsu Province. Guangzhou, Foshan, Zhongshan, Jiangmen, Quanzhou, Dongguan in Guangdong Province. Hangzhou, Ningbo, Wenzhou, Yiwu, and Taizhou in Zhejiang Province. Xiamen and Fuzhou in Fujian Province. Qingdao in Shandong Province.
China's potential international
trade cities. Chongqing. Yangzhou, Nantong, Lianyungang in Jiangsu Province. Jiaxing in Zhejiang Province. Chengdu in Sichuan Province.
What is the new trend of purchasing in China?
At present, global buyers have developed their used way of purchasing from buying nothing else but low-price products to buying ones of high quality or ones with high ratio of performance to price. Global buyers are becoming more and more strategic. They tend to merchandising different products in only one region in order to save expense of prophase research; merchandising innovated products which have market potential; cooperating with Chinese suppliers that have completed support facilities and are professional in trading procedure; making factors such as currency appreciation and rise of labor costs part of their inquiry consideration to sign replying clauses.
What is the new trend of transformation of Chinese foreign trade enterprises?
The development of foreign trade competition ability in developing countries experiences 3 stages: The first stage is the period of labor resource advantage, which has already passed over; the second one is the currently on-going progress of technical improvement and stick-to-card production; the third stage covers independent innovation, technology support, and sales ability development – only a few of Chinese enterprises have stepped onto this stage while most of them still remain in an intermediate state.
How is brand consciousness of Chinese enterprises?
In the past, there is not a world famous brand in China. While in recent years, lots of Chinese enterprises began to build their own brands, and even took brand building and global promotion as one of their long strategic targets. Most enterprises started from improving quality, updating services and maintaining corporate image and till now have obtained positive results.
How are the environmental protection products developing in China?
In recent years, most Chinese suppliers are taking developing low carbon products and eco-friendly products seriously, switching to Green industry. Chinese government also released several strategies and laws to improve public conscious awareness of environmental problems. Exporting products with high energy consumption and high carbon emission will be largely cut off in government planning.
Has price rise influenced exporting?
Over these days Chinese suppliers are under pressure of rise in the RMB, in raw material cost and in labor cost. Under the circumstance, price rise is a helpless but logical result. However, quite a lot of Chinese suppliers began to develop high value-added products to resist price rise crisis.
Compared with India, Vietnam, Philippine, what are the advantages of Chinese suppliers?
Advantages of Chinese suppliers mainly lie in industrial comprehensive matching capacity. After several decades' development in the fields of manufacturing industry and foreign trade, China has now formed complete industrial chains in regions such as Guangdong, Jiangsu, Zhejiang, Fujian, Shandong, Shanghai, Tianjin and etc., and has a complete, mature industrial matching system as well.
What's the ASEAN-China Free Trade Area?
The ASEAN–China Free Trade Area (ACFTA), is a free trade area among the ten member states of the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China. The free trade area came into effect on 1 January 2010. It is the largest free trade area in terms of population and third largest in terms of nominal.
What are the economic benefits of the ASEAN-China Free Trade Area?
The free trade agreement reduced tariffs on 7,881 product categories, or 90 percent of imported goods, to zero. This reduction took effect in China and the six original members of ASEAN: Brunei, Indonesia, Malaysia, Philippines, Singapore and Thailand. The remaining four countries will follow suit in 2015.
What are the hot spots of investment in China at present?
Electronic Information, Technology, Media, Telecom, Clean Energy, Healthcare, Public Service, Real Estate.
What are the current situation of investment and construction in China?
As a result of a big market in China, low labor cost, complete matching facilities, many foreign investors choose China as their target place for investing and building factory. In 2010, 27406 foreign companies got o cially approved to enter China, demonstrating a year-on-year increase of 16.94%. And the top 10 countries and regions of investment in China are as follows: Hong Kong, Taiwan, Singapore, Japan, US, Korea, UK, France, Netherland, Germany.
What is the current situation of electronic business in China?
At present in the field of Chinese electronic business, B2C, C2C trade is growing vigorously, and B2B occupies an absolute share in the market.
What is the situation of B2B market in China in 2010?
In 2010, B2B market in China kept a steady growth, and the volume of business reached 3.8 thousand billion, increasing by 15.8% year on- year.
