Chongqing, export of electromechanical products increased continuously over four percent in April
Improved global economic situation, Chongqing export growth, export countries and regions, Latin America and the ASEAN market, the largest growth. Yesterday, reporter learned from the Municipal Foreign Economic and Trade Commission this year, a quarter of total export of electromechanical products in Chongqing City, 930 million U.S. dollars, has been rapid growth for four consecutive months.
From the City Economic and Trade Commission data show that exports this year, a quarterly accounting for 7 percent share of the city's total export of electromechanical products 930,000,000 U.S. dollars, up 46% over the same period the previous year. Export of electromechanical products in Chongqing in December last year has been for 4 months to keep up more than 4 percent of high growth. Foreign Trade Department of Foreign Economic and Trade Commission claimed a quarter of this year, exports of electromechanical products to ASEAN in Chongqing 180 million U.S. dollars, up 1 times, including Myanmar, Malaysia and Cambodia export, increased several times. Argentina, Uruguay, Chile and other Latin American countries, export growth in more than 1 times. But Chongqing Customs release information that impede the proliferation of trade protection, export growth continued. Meanwhile, the RMB appreciation pressure, mechanical and electrical products export enterprises are facing falling profits less competitive risk. According to estimates of China Machinery and Electronic Products Import and Export Chamber of Commerce, such as the appreciation of the renminbi in the short term 3%, household appliances, automobiles, mobile phones and other production profits would fall 30% to 50%, and low bargaining power of small and medium enterprises will face a loss.
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