The proportion of exports of electromechanical products is gradually improving

Vice Minister of Commerce Gao Yan recently said that at present, China and flooring display rack six old ASEAN members have more than 90% of products on the implementation of the zero tariff, with four new members of ASEAN in 2015 to achieve that goal. This means that the development of trade between China and ASEAN Jiangzai upper floor. According to statistics, during the first half of this year, China and ASEAN bilateral trade volume reached 210.56 billion U.S. dollars, China has become ASEAN's electric bike motor largest trading partner. As a China-ASEAN trade in the main part of our exports of electromechanical products to ASEAN exports to ASEAN accounted for me more than half of the total, so further enhance the level of bilateral trade liberalization, export of electromechanical products in China will create a more relaxed environment . Gao Yan said electromechanical products in bilateral trade between China and ASEAN, the proportion is gradually improving. Gao Yan was held on July 23 in the China-ASEAN strategic partnership tenth anniversary of the establishment of a press conference to disclose the above information. According to official statistics, in November 2002, China and ASEAN signed the "China-ASEAN Framework Agreement on Comprehensive Economic Cooperation", marking the establishment of China-ASEAN Free Trade Area officially launched the process. January 1, 2010, China-ASEAN free trade zone was completed on schedule for the 10 ASEAN countries China imports more than 90% of products to achieve a zero tariff, six old ASEAN members on imports from China more than 90% of products to achieve a zero tariffs. Four new members Hub motor of ASEAN in 2015 to achieve this goal. Gao Yan said so at the meeting. ASEAN had also proposed in 2015 to achieve economic integration of the ASEAN Community, and overcome regional tariffs, trade, movement of persons, and many other obstacles. According to reports, since 2002, China-ASEAN bilateral trade volume increased to $ 54.767 billion from 2012's $ 400.1 billion, an average annual growth of 22%, which is 7.3 times in 2002. China has become the largest trading partner of ASEAN, while ASEAN is China's third largest trading partner, while maintaining as China's fourth largest export market and second largest source of imports. Is worth noting that there are a large number of China's trade deficit with ASEAN over the years the situation has changed from 2012 onwards. Last year, China-ASEAN bilateral trade amounted to $ 400.1 billion, of which China exported $ 204.3 billion, imports $ 195.8 billion, China's trade surplus amounted to 8.5 billion Electric motorcycle motor U.S. dollars, accounting for 2% of bilateral trade. Official data show that before this, China's trade deficit with ASEAN bilateral trade volume accounts for about 15% of the individual years, even up to about 20%, such as in 2003 and 2004, China's trade deficit was $ 16.4 billion and 201 billion U.S. dollars, accounting for 21% of total bilateral trade and 19%. Gao Yan analysis, when the trade imbalance between China and ASEAN countries are built with many countries of ASEAN free trade zone after the occurrence of trade diversion caused. She also said that China will take active measures to expand imports from ASEAN countries. Specific measures include the following three aspects: First, to promote and strengthen ASEAN customs, quality inspection and other areas of cooperation to improve the level of trade facilitation; Second, actively promote the country's exports of agricultural products on a timely delegation to ASEAN countries to develop trade and investment promotion activities ; third is to use China-ASEAN Expo exhibition opportunity for ASEAN exports to China to provide enterprises the chance to show. Rapid growth in exports to emerging markets in the July 23 conference, Gao Yan also noted that the mechanical and electrical products and high-tech products in bilateral trade between China and ASEAN, the proportion is gradually improving. In fact, the data show that between 1996 and Customs 2012, China's mechanical and electrical products import and export volume year on year growth rate higher than the corresponding growth rate of China's foreign trade has become to promote the rapid growth of China's trade a Electric bike motor powerful driving force. As China's import and export of primary commodities, machinery and electronic products in China's foreign trade in goods accounted for more than 5 percent of the total. From the trade market, China's import and export of machinery and electronic products market is mainly concentrated in the United States and Europe, ASEAN and Japan and South Korea, the market is highly concentrated, which is particularly prominent in emerging markets. According to customs statistics, in 2012 China's export of electromechanical products to electrical bike kit conversion the United States, the European Union (27 countries), ASEAN and Japan together accounted for 50.48% (accounting for 52.17% the previous year); sources of imports in the EU, Japan, South Korea and ASEAN among the top four, together accounting for 59.60% (same period last year accounted for 62.46%), although the proportion compared with the previous year has declined, but remained at a high degree of market concentration levels. It is worth mentioning that in 2012 China to ASEAN brushless motor and South Korea and other emerging markets, export of electromechanical products to maintain 15% growth. According to statistics, in 2012 China's exports of electromechanical products to ASEAN was $ 104.286 billion, an increase of 18.5% over last year, and, in 2011 the growth rate was as high as 19.4%. Reporters combed customs data found in the mechanical and electrical products, a larger volume of trade between China and ASEAN countries, including Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam. Among them, Thailand is the first importer of machinery products, Malaysia is the largest importer of electronic products.