112th China Import and Export Fair held in Guangzhou
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E-mail CNTV, October 16, 2012
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People walk past exhibition halls of the 112th China Import and Export Fair in Guangzhou, capital of south China's Guangdong Province, Oct. 15, 2012.[Xinhua] |
This strange contrast is also reflected in statistics. According to data released on the 13th, China's export revenue reached a record high in September. But seasonal demand played a big part of that, and it is still too early to judge. And apart from the bad global economic climate, some companies have more pressing troubles.
Chi Yunxian, director of Qingdao Guoji group, said, "Car tire manufacturers are under great stress, with some countries imposing punitive tariffs on Chinese tires. Even motorbike tires are facing possible trade barriers. We are watching closely for new developments."
For the Japanese delegation, the timing couldn't be worse. Any optimism has been dashed by the territorial dispute.
Nakano Koji, member of Japanese delegation, said, "As two close neighbors and major economic powers in the world, trade can benefit both countries. And Chinese market holds great potential to Japanese companies. We wish that the ties between our countries can continue without any disruptions."
In other places, especially in BRIC countries such as Russia and Brazil, trade revenue saw robust growth. These people remain positive about the emerging economies and the opportunities opened up to the Chinese exporters.
Standing in this busy hall way, you can hardly feel the effect of the recession on the export industry, China still has the advantage built over the past years, but how far can that take us in this changing market? We will have the answer in the next three weeks.
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