China'S Processing Trade Is Far From The "Collapse Tide".

China's first three quarters of foreign trade data released on the 13 day: according to customs statistics, China's foreign trade import and export value in the first three quarters of this year is 2 trillion and 677 billion 440 million US dollars, exceeding the level of 2008.

Against the backdrop of weak global external demand and rising inflation pressures in emerging economies, the growth rate of 24.6% in the first three quarters of the year was higher than that in the same period last year, but it is still significantly faster than the growth rate of GDP in China over the same period, which is also higher than that of China's average annual growth rate of 15.9% in 11th Five-Year.

In addition to the stability and continuity of the state's foreign trade policy, Lu Peijun, deputy director of the Customs General Administration, analyzed that the main reason for the rapid growth of China's foreign trade in the first 3 quarters was that the export products maintained a strong competitiveness.

"Although the pace of RMB appreciation has accelerated, domestic enterprises have accelerated technological progress and improved labour productivity.

At the same time, enterprises have made effective progress in market diversification.

According to Lu Peijun, while stabilizing the traditional markets such as Europe, Japan and other countries, China has intensified its efforts to expand the market for emerging economies and developing countries, which has in general supported the rapid development of China's foreign trade.

This year, the external situation is not optimistic.

At the micro level, it is not good for enterprises to go bankrupt.

However, Lu Peijun said bankruptcy and bankruptcy is a normal phenomenon in the market competition.

"According to our understanding, the phenomenon of bankruptcy and bankruptcies of processing trade enterprises due to production, operation, management and other reasons does exist, but there is no" collapse tide ".

Lu Peijun said that since the beginning of this year, the growth rate of general trade is obviously faster than that of processing trade, resulting in a relative decrease in the proportion of processing trade in the overall foreign trade.

But speaking from the absolute number, China's processing trade still maintains a certain growth.

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"We believe that the failure of individual enterprises is the inevitable result of the rule of" survival of the fittest "in the market economy.

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