Guangdong's foreign trade strategy: expansion of imports

"Policy of" expanding imports are gradually landing.

Foreign trade in Guangdong province, recently in charge of foreign trade deputy governor of strokes Yufang, respectively, to convene an informal discussion on Guangdong's expanding imports of private enterprises and state-owned enterprises. According to Guangdong's imports of prepared earlier target, Guangdong this year's import growth is expected to reach 8.2 percent.

At present, the expansion of imports has actually been raised to the height of China's foreign trade strategy to replace the pressure export "has become the primary path to cut the trade surplus.

On March 28 this year, Premier Wen Jiabao chaired a State Council executive meeting, to enhance the import to the promotion of foreign trade balance and the development of policies and measures, late April, the State Council promulgated on "Strengthening the Import Promotion of Foreign Trade and balanced development of guidance to determine the promotion of the mouth of the policy framework.

According to sources, following the import tariff rates of the four tax items in the LCD panel in April dropped significantly, the implementation of the provisional tax rates, the goods of tariff lines will be to the proposed tax, included in the tariff areas, the State Council Tariff Tariff Commission, Ministry of Finance and Customs Department are studying the development of specific measures.

Guangdong Province, a foreign trade system say, mention the expansion of imports is not pro forma, in accordance with the previously notified of the provinces received the "expansion of imports will be one of the important starting point for the future of local foreign trade, truly and exports both.

To promote the port stable export

Around October last year, President Hu Jintao and Premier Wen Jiabao visited Guangdong, referred to the decisions of countries to expand imports of deployment, the end of October, Guangdong, he held a work conference of the province to expand imports, since the introduction of more specific guidance.

Under the guidance of goal, Guangdong and strive to "12" period, the increase in imports to meet or exceed the national average, the import not only to highlight the short-term focus, and more importantly the long-term planning. In 2011, Guangdong's imports 381.54 billion U.S. dollars, an increase of 15% contribution to the province's export and import growth rate of 38.8%.

In accordance with the order of importance, Guangdong to encourage imports of goods in turn advanced technology and equipment, supplies and consumer goods.

The Guangdong provincial foreign trade official, two important ideas in the Guangdong import strategies, one to enter with a "by imports and promote industrial upgrading.

He said the port to stable to promote exports, to maintain the steady growth of foreign trade total, vital for processing trade center in Guangdong. The stability of the processing trade imports, stabilization means that the total exports; imports of strategic emerging industries, the technological transformation of traditional industries, energy saving and low-carbon economy, high-tech and high value-added industry in urgent need of advanced technology, key equipment and scarce resource products, Guangdong to build a number of major industrial projects to seize the technological high ground, and thus contribute to regional industrial upgrading.

Involved in the textile enterprises to promote mouth forum Dongguan Ying Kee Industrial, the success stories in the technological transformation of traditional industries through imports.

Responsible person of the enterprise, through a number of CNC looms imported from Japan and Germany, to reduce production costs and improve production efficiency, a machine instead of 6-8 skilled employees, production capacity is 2.5 times the original loom. company per month from 400 000 to upgrade to the 1.5 million employees had decreased by more than 2,000 people.

Guangdong specific policies to expand imports has also been clear. Be improved in the import facilitation and import credit, the ECIC will be on the basis of the existing foreign trade development funds, the establishment of places to promote the import of special support fund in each of the 2012 -2014 year, the provincial financial arrangements 250 000 000 capital goods to encourage imports of technology and product catalogs to be included in the national and provincial discount. The latest Guangdong Province to encourage imports of products and technologies catalog, "the country to encourage import directory 421 expandable to 1008.

In addition, imports of industrial projects of strategic emerging industries included in the priority development directory and in accordance with the conditions of intensive land use focus, in determining the land reserve price may be not less than the location of land and so do not correspond to the "National industrial land Lowest 70% of the standard "implementation.

Still lack sufficient power

Shaw Harrier fly, Guangdong University of Foreign Economic and Trade Research Center, deputy director of China to expand imports nothing more than two considerations, the short term is to reduce the trade surplus, to promote trade balance; the long term is to promote industrial upgrading through the introduction of high-tech equipment.

However, local real from the prize out of limits into "This has been implemented change over 30 years of traditional ideas of foreign trade, is still a lack of sufficient power.

Xiao Harrier fly that exports associated with local economic growth, fiscal revenue and employment issues, the local stable export or expand export natural power, the promotion of the mouth of local primary motivation is to expand imports contribute to local economic development change, but it is a long-term work.

Close to the Commerce Department analysis, from a policy perspective, the import tariff reduction, is the most effective measures for promotion of imports, local support and funding support of the leading enterprises of imports, more is to guide the actual role is limited.

China Economic Exchange Center researcher, said Zhang Yongjun, still the most important impact on trade demand, and foreign trade strategy from export to import and export both the policy effective requires a process, after the export-oriented policy ideas has accumulated nearly 30 years.

The aforementioned sources, expanding the import policy, especially related products tariffs down further, shall forward, as soon as possible in January to April this year, Chinese imports increased by only 5.1%, and slow down significantly, after the Commerce Department expects the annual import growth can reach 12%.

The source said, "policy effective general there will be a lag of three or four months, if the past two months the introduction of tariff policy, the real effective but also to the end of the year."

Zhang Yongjun analysis, the full year, China's import growth is likely to maintain only about 5%, import growth is closely related to domestic economic growth, China's economic slowdown is expected to have honor.

The person in charge of the large state-owned foreign trade company wide new holding group in the above forum also talked about the demand for imports is declining, on the one hand, is an international market demand, the decline in export growth, the demand for imported raw materials production and processing also will be reduce the other hand, the domestic demand of steel and other commodities also declined.