February 2009 Archives
The survey also indicated that the impact of the financial crisis on the mechanical and electrical manufacturing industry has spread from the coastal regions to inland cities, and from small and medium sized enterprizes to larger ones. According to the survey, export growth is expected to slow down sharply in 2009, and the export of some products may even start to decline. Yet the findings also showed that manufacturers with established international sales networks for their branded products have fared better than those without such networks.
Facing a daunting export outlook for 2009, it has been reported that the Ministry of Commerce will take the following seven measures to maintain steady export growth for mechanical, electrical and high-tech products.
1. Further adjust and improve policy
This measure involves export tax rebates, import and export credit, insurance and other policy instruments. These policies are expected to support exports of products with independent intellectual property rights, as well as self-branded products and high value-added and labor intensive products.
2. Concentrate on key industries and enterprises
MOC intends to support enterprizes using key technologies and R&D for common technologies to optimize export structures. MOC will put greater effort into serving such enterprizes which have already obtained new orders, are in the process of receiving new orders or have the ability of getting new orders.
3. Create public service platforms
MOC supports the construction of relevant platforms such as an automobile exporting platform and a science and technology innovation platform, as well as platforms for technology R&D, testing & detection, product certification, information services, and training.
4. Intensify efforts on promoting important markets
MOC will organize key enterprizes by industry to enter important countries for carrying out market promotion activities. Hence more enterprizes will be encouraged to go abroad to attend or host exhibitions, register trademarks, and apply for quality certification. Enterprizes will also be prompted to develop overseas marketing networks and to set up active after-sales service networks.
5. Alleviate the difficulties of export financing for SMEs
MOC has provided guidelines for financial institutions to offer financial guarantees to SMEs, has expanded credit insurance financing scales, and has induced domestic and foreign commercial insurance companies to participate in short-term insurance operations.
6. Support exports of large-scale integrated equipment facilities
MOC is exploring the mixed-financing solution, which combines policy-based export credit, commercial credit and international financial institution financing. MOC also intends to make full use of bilateral political, diplomatic, economic and trade mechanisms to support key equipment manufacturing industries in opening up international markets.
7. Actively expand imports
MOC will expand imports of advanced technology, key equipment and components, and will endeavor to urge the United States, Europe and other developed countries to allow more exports of relevant technology to China.
This edition is bigger and more ambitious than ever before, taking as its main focus an in-depth study of China and the financial crisis. Yet the publication is also filled as usual with leading analysis, statistics, news and assessments on China's macroeconomy, China sourcing, China's trade and financial markets, OFDI and M&A and other significant China-related issues and events.
I invite all our readers to download The China Analyst at the link provided below, and as always, we welcome your feedback.
The China Analyst - February 2009.pdf
英国的采购代理Crown Agents的采购领导人Nourilya Moldakhmatova也说，他们注意到欧洲的马其顿王国的很多IT大型项目的设备都是从中国采购的，这其中包括了一项涉及1500万欧元的订单。
Venue: China International Exhibition Center, Beijing
Date: 25-27 February 2009
Organizer: Beijing B & D Tiger Exhibition Co. Ltd.
Tel: +86 (0)10 8460 0666
As the largest and most authoritative international HVAC trade exhibition in China, CIHE & HVAC 2009 will provide a platform for manufacturers, dealers and contractors from China and abroad to display new products and services in the industry. Over 550 exhibitors are expected to join the event.
Venue: China International Exhibition Center
Date: 26-28 February 2009
Organizer: CCPIT Building Materials Sub-Council
Tel: +86 (0)10 6836 1826
The objective of Concrete China 2009 is to facilitate the development of China's concrete industry and to promote the latest innovations and market trends within the industry. The event will display raw materials and products as well as the most advanced mechanical equipment and manufacturing techniques.
For more information, see website.
Yet in these demanding times there are also new opportunities. According to research conducted by SPG Media for their 2007-2008 report on global e-procurement, the Internet is still a popular platform for global sourcing. After gathering opinions from procurement specialists and c-level personnel from Forbes 2000 organisations, they found that
- 81% of users use Google to search for business information
- 68% use the Internet as their first resource when sourcing new suppliers
- 80% say time-saving is the key benefit when sourcing suppliers online, and
- 86% of senior-level personnel believe the online procurement activities of their organisations will increase significantly over the next five years.
On 29 December 2008, Alibaba collaborated with the Jiangsu provincial government to establish a branch website called the 'Jiangsu International E-commerce Platform.' On the website's first day of operation, more than 4000 companies registered as new members. Jiangsu, like Zhejiang and Guangdong, is an economic powerhouse in China and ranks as the third-richest province in terms of per capita GDP. SMEs in Jiangsu suffered from the financial crisis, however, as a large part of their exports previously went to the US market. Now, as they struggle to survive and seek new markets such as Australia and the Middle East, they can profit a lot from e-commerce.
Compared with traditional trading methods, online business has many advantages. It has lower distribution and inventory costs, faster reaction times for enquiries, and it integrates information with all parts of the supply chain. It can serve as a one-stop solution for buyers, dealers, wholesalers and suppliers and can cut out many of the hassles, especially during this time when suppliers are trying to expose their products to new parts of the world and buyers around the world are really trying to save money.
During 2008, e-commerce turnover in China was more than RMB1.5 trillion. And according to national policy guidelines, by the end of 2010, 25% of the procurement of large-size companies should be completed online. So while there may be a chill in the air at the moment, spring is sure to come soon for e-commerce and B2B.
(Image from wellness-network.org)