National Development and Reform Commission published on the 16th of November foreign trade situation analysis report points out that since August, steel, steel billets, and other "high-capital" exports dropped month by month. November, 2,950,000 tons of steel exports, exports in October to reduce 1,670,000 tons, the chain fell 36.1 percent; crude steel billet and forging export 30,000 tons more than in October exports 80,000 tons, the chain fell 72.7 percent; Rolling unwrought aluminum exports 30,000 tons more than in October exports 18,000 tons, the chain fell 37.5 percent; coke and semi-coke export 320,000 tons more than in October exports 190,000 tons, down 39.6 percent .


It is worth noting that, clothing, toys, plastic products, and other labor-intensive exports slowing down. January to November, clothing and accessories exports grew 3.1 percent over the same period last year dropped 19.1 percent, 2.5 percent growth in toy exports, fell 17.8 percent, furniture and parts, plastic products Export growth fell respectively 6.6 and 3.5 percentage points.


Southwest Securities senior analyst Dong first macro-an said that the emergence of such cases, the main trading partner is in recession, economic contraction led to a drop in demand in China, resulting in labor-intensive exports slowing down. Labor-intensive exports are driving China's coastal economic pillars of employment, labor-intensive industries to the shrinkage of employment than other types of industrial injuries.


The export of electromechanical products kept growth opportunities


In the overall export growth rate was negative, the export of machinery and electronic products still maintained a rare growth smooth.

January, import and export of machinery and electronic products 1,261,850,000,000 U.S. dollars, an increase of 16.2 percent. Exports 761,320,000,000 U.S. dollars, an increase of 20%. High-tech product imports and exports 704,630,000,000 U.S. dollars, an increase of 12.1 percent. Exports 385,670,000,000 U.S. dollars, an increase of 16.2 percent.


Ministry of International Trade and Economic Cooperation Research Institute of Mei Xinyu, a researcher pointed out that, like clothing, toys and traditional products in the world market will inevitably mean that the overall decline in the capacity of China's exports declined because of China's exports have accounted for 80% of the world market -90 %. However, high technology machinery and electronic products, we have the scale of production and export of the world's market share is not high, even if the overall size of the decline in the world, we have to some extent, the number can still grow.


In addition, general trade import and export growth was significantly higher than that of processing trade. January to November, imports and exports in general trade 1,145,690,000,000 U.S. dollars, an increase of 31.1 percent. Exports 608,710,000,000 U.S. dollars, up 24.7 percent; 536,980,000,000 U.S. dollars in import, up 39.2 percent, and import and export of processing trade 981,280,000,000 U.S. dollars, an increase of 9.8 percent. Exports 626,560,000,000 U.S. dollars, an increase of 11.9 percent. General trade export growth rate higher than that of processing trade, 12.8 percent.