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The Export Share Remains Stable And The Cake Has Not Become Smaller. The Competitive Advantage Of China’S Manufacturing Industry Remains Solid.

news-1920-864in the past year, the world economic recovery has been weak, the overall performance of global trade has been relatively sluggish, and weak external demand has had a direct impact on my country's exports. From a numerical perspective, export growth has indeed slowed down compared to previous years. But it is even more important to see that my country's exports have reached a new high on a high base, not only achieving reasonable growth in volume, but also maintaining overall stability in share, and achieving effective qualitative improvements in terms of growth momentum, regional pattern, etc., demonstrating Strong resilience and comprehensive competitiveness. Specifically, the following four aspects are highlighted:

First, the global export share remains stable at a high level, and China's manufacturing competitive advantage remains solid. According to the latest WTO data, it is expected that my country's export market share in the international market will remain at a high level of around 14% in 2023. Market share is a direct reflection of market competitiveness. To put it bluntly, China's share will remain stable in 2023, the "cake" has not become smaller, and the overall competitiveness remains stable.

Second, the export of independent brands has increased significantly, and the influence of Chinese brands has further expanded. In 2023, the export of my country's own brand products increased by 9.3%, and its proportion in total export value increased by 1.7 percentage points. From a market perspective, my country's own brand products have been exported to more than 200 countries and regions around the world. "Chinese brands" can be said to be present in every corner of the world.

Third, important progress has been made in the construction of a modern industrial system, and the proportion of equipment manufacturing exports has increased. In 2023, the exports of the equipment manufacturing industry, which reflects industrial supporting and integration capabilities, will be 13.47 trillion yuan, an increase of 2.8%, accounting for 56.6% of my country's total export value. In particular, my country's automobile and shipbuilding industries have a good development momentum, and automobile production and sales have continued to rise. Hitting a new high, the three major indicators of shipbuilding completions, new orders, and orders on hand led the world. Exports of related products increased by 66%, driving my country's overall export growth by 1.5 percentage points.

Fourth, coordinated regional development is advanced in an orderly manner, and a new pattern of regional opening-up is accelerated. In 2023, the eastern region will account for nearly 80% of my country's total export value, with a growth rate 0.6 percentage points higher than the overall rate, making an outstanding contribution to stabilizing the export market. The Northeast's exports increased by 6.5%, making it the fastest growing region. The Northeast's comprehensive revitalization of foreign trade has achieved new results. The central and western regions have played an active role in orderly undertaking the gradient transfer of processing trade and promoting the sustained and healthy development of processing trade.

"We have confidence in exports!" He finally emphasized that overall, the continued sluggish external demand is still the main factor restricting my country's export growth. At the same time, factors such as protectionism and unilateralism also have an impact on my country's exports, and exports will still face many difficulties. But on the other hand, with policy support, industrial advantages, and the efforts of all parties, the comprehensive competitive advantage of my country's exports will continue to be consolidated.news-1920-462

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