China's mechanical and electrical products exports are revived. The Ministry of Commerce recently conducted preliminary investigations on 35 industry associations, 10 coastal provinces and cities and 400 key export enterprises. According to the global financial crisis, the pressure on China's exports of mechanical and electrical products has increased this year. Difficulties will intensify, especially in the first half of the year, export growth may fall back considerably, and some industries even experience negative growth. Nearly 60% of China's exports of mechanical and electrical products directly or indirectly face the US, EU and Japan markets. These three economies are in deep recession, and it is hard work to make up for the losses caused by other markets. The difficulty of increasing exports to emerging markets and developing countries is also increasing.
The survey shows that the impact of the financial crisis on China's electromechanical products export industry has gradually spread and spread, from coastal to inland, from processing trade to general trade, from foreign-funded enterprises to state-owned private enterprises, and from small and medium-sized enterprises to large enterprises. It can be seen from the degree of influence of different export entities that there are significant differences in the risk tolerance of different enterprises. The “shop-type” enterprises engaged in the low-end processing and manufacturing are the most affected, followed by the manufacturing companies with weak R&D and innovation capabilities, lack of independent brands and marketing networks, independent brands, R&D capabilities and initial establishment of an international marketing network. Businesses are relatively less affected.
The head of the Department of Mechanical, Mechanical and Technological Industry of the Ministry of Commerce said that the economic crisis that has not been seen for many years is both a realistic challenge and a certain potential opportunity. Opportunities exist in the response. As long as the government and enterprises respond properly, they can completely turn the "risk" into a "machine." Especially for government departments, it is necessary to seize the opportunity, formulate systematic plans and strategies, promote the transformation of foreign trade growth mode, adjust the structure, and transform and upgrade, laying the foundation for the next round of development.
Relevant expert analysis pointed out that the comparative advantage of China's mechanical and electrical products will not be reversed for a long period of time in the future. China's exports of mechanical and electrical products account for a relatively low world share, and the product structure of many developed and developing countries is highly complementary, and international space is still large; mechanical and electrical products have formed a relatively complete industrial system, laying a certain material and technological foundation. With strong international competitiveness and obvious comparative advantages, the electromechanical industry will still have overcapacity pressure for a long time. Enterprises have the incentive to expand exports and remain the most promising export commodities in China.
Relevant person in charge of the industry said that in the future, China will adopt seven major policy measures to maintain steady growth in exports of electromechanical and high-tech products.
The first is to further adjust and improve the policy. Actively cooperate with relevant departments to study relevant policies, comprehensively use export tax rebates, import and export credit, insurance and other policy instruments to support independent intellectual property rights and independent brand products, large-scale complete sets of equipment, high value-added and labor-intensive products.

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