CCPIT Publishes Export Roadmap for Chinese Enterprises “Going Global”
According to statistics from the Customs, China’s foreign trade has improved in terms of both quality and profit, but the total annual goods import & export volume decreased 7% comparing with 2014. Export decreased 1.8% and the export-oriented enterprises are confronted with severe difficulties. Against the background of bleak global economic and trade prospects, however, different regions, countries and sectors still demonstrate various development trends and export opportunities, which needs the foreign trade enterprises to learn about.
“As a comprehensive service approach of the CCPIT, export promotion has been always our focus,” Lin Shunjie, director of the Department of Trade and Investment Promotion of the CCPIT said at the recently-held the CCPIT press conference. Making full use of its advantages in terms of international resources and expertise regarding trade promotion, the CCPIT has extensively collected and selected project information of export promotion services to compile the 2016 the CCPIT Export Promotion Roadmap (hereinafter referred to as Roadmap). This initiative aims to implement Opinions on Steadily Boosting Import & Export unveiled by the General Office of the State Council, quicken the pace for the enterprises to “go global” and help China’s foreign trade to make innovations for development. And this initiative also aims to stop declining export and make the export promotion work more targeted and effective.
To innovate export mode and provide enterprises with professional project information
Dividing into different chapters based on the traditional European and American markets, emerging markets and key export markets along the “Belt and Road” countries, the Roadmap analyzes the economic and trade trends as well as export opportunities of relevant regions and the key countries, and summarizes export- oriented project information from the trade promotion agencies across the country, including exhibition, economic and trade group, forum, seminar, matchmaking negotiation, business platform, service platform and training for eight activity categories and 111 projects. These information involves 43 export countries and regions, covering such sectors as equipment manufacturing, petrochemical engineering, information technology, biotechnology, daily consumer goods and cultural innovation.
According to the geographical
regions, these 111 economic and trade activities consist of 13 projects from America, 11 from Europe, 35 from Asia, 7 from Africa, one from Oceania and 44 trans-regional ones. Classified by the target market category (excl. trans- regional projects), these 111 projects include 3 from the traditional European and American markets, 15 from the emerging markets and 24 from the countries along “one belt one road”.
It is learned that release of the Roadmap is the CCPIT’S innovative move to boost export for enterprises, local governments and the sectors. Via deep researches on the export trend, extensive collection of economic and trade projects, selection based on classification and release by all media, the Roadmap is to help relevant agencies earnestly implement the national economic strategy and intensify the synergy of export promotion among the trade promotion system. Thus, the service efficiency of export promotion will be enhanced with better services, which may help to sharpen the competitiveness of China’s exportoriented enterprises in the international market.
Release of project information and market data analysis is expected to be helpful to the enterprises. Particularly for the small and medium-sized enterprises that haven’t nudged into these countries, the data and project information may be the key factor to help them take the first step for going global.
All media communication provides much convenience for the enterprises. Unlike introducing the economic and trade activities only via two or three information channels in the past years, the CCPIT this time takes the opportunity of the press conference to publish the export Roadmap via such all media as television, broadcast, newspaper and Internet, which aims to widely spread information and help enterprises to obtain relevant economic and trade information.
Based on enterprises’ needs, the Roadmap is to serve the enterprises. The Roadmap insists on the principle to provide convenience for the enterprises. the CCPIT has summarized information of 111 export projects based on the target regions, countries, venues and sectors, and search tools have been set for the convenience of enterprises to look for information for their own needs. Apart from the economic and trade activity information, the Research Institute of the CCPIT has also released analysis about the economic and trade trend of the involved regions and countries as well as export opportunities for China, providing valuable reference for enterprises to make decisions.
Enterprises are struggling to look for new opportunities, and release of the Roadmap is just in time
Liu Yingkui, researcher from the Research Institute of the CCPIT focused on analyzing the current world economic framework and China’s foreign trade status quo. Liu said that in the new year China will face worse international economic situation in terms of foreign trade.
“The world’s 30 major economies all show sharp decrease to different extents in foreign trade, among which more than 10 economies have seen a minimum of two- digit decrease. Against the backdrop of gloomy world economy, however, different countries register different performance. China is quite optimistic in terms of export to the US, Central and Eastern Europe, Northeast Asia, ASEAN, India and Africa, where lies many export opportunities,” said Liu.
Liu regards that confronted with severe international economic and trade circumstances, there are still many opportunities. As the world market is huge with various features, some places are caught in risks, while some other places may see opportunities and some countries and regions even demonstrate staggering export momentum with lots of export opportunities.
“It is true for the current world market, as markets of the developed countries are on the decline. For instance, China is exporting less to the EU and Japan, whereas more to Africa, Middle East, Southeast Asia and South Asia,” said Liu. Russia has experienced sharp economic decrease in recent years, but China’s export to Russia is surprisingly mounting by a hike of 12%.
“We need to gradually target at such places with abundant opportunities, and the Roadmap may exactly help enterprises to identify the opportunities,” said Liu. As growth is slowing down, more attention is paid to quality in world trade. “We should have confidence, as the trade mix adjustment period is the U-shape bottom in the course of development. Once stepping out this bottom, we may see hope for trade,” Liu made such a judgment on the world trade prospect.
In recent years, the CCPIT has adopted many an innovative countermeasure with more important functions, better services to enterprises and improving efficiency. The Roadmap is one of the CCPIT’S significant initiatives.
Liu holds that the Roadmap is simple yet practical, which is very helpful to export. First, most of these projects are sponsored by the CCPIT and they are the most excellent projects through careful collection and selection. Second, the Roadmap also covers new growth niche and growing regions and cares such significant markets as Africa and Russia, which have lots of opportunities. In the meantime, as for product mix, a balance is stricken between the traditional export product and the core-technology export product.
“Through activities, enterprises may not only find import partners, but also export partners as well economic and technical programs,” said Liu. International economic and trade information is scarce resource, and the CCPIT boasts off strong international resources and expertise. Release of export Roadmap is not only helpful to enterprises’ export, but also to import. Besides, the Roadmap may also help enterprises to learn about the international economic & trade policies and the international markets as well as the technical development trend, and to strengthen economic and trade exchanges with the overseas counterparts.
The Roadmap insists on the principle to provide convenience for the enterprises.