The Year-On-Year Growth Rate Of Exports Will Stabilize In November.

With the recent improvement of the world economic situation, most of the economic research institutes predict that the growth rate of China's external exports will rise slightly in November.

Dongfang securities estimated that in November, China's exports increased by 24.8% over the same period last year, a slight rebound of 1.9 percentage points over October. The reason for this judgement is that the export of labor-intensive products has been warmer in recent years.

The October announcement from the General Administration of Customs Export number According to the survey, export growth of labour intensive products such as garments, furniture and parts, textile yarns and fabric products has picked up. In October, the export volume of clothing and accessories increased by 23% over the same period last year, and the growth rate increased by 3.9 percentage points compared with September. Furniture and its components increased by 23.3% over the same period last year, the growth rate increased by 0.7 percentage points compared with that in September, and the decline rate of textile yarn and textile products exports slowed down to 1.3 percentage points year-on-year, while the decline in September reached 9.1 percentage points. Moreover, the increase in the export volume of the above products mainly came from the growth of volume. Secondly, judging from the trend of RMB exchange rate in October, the RMB rose against the US dollar first and then declined. In addition, the US economic situation has improved, and the number of non-agricultural employment in major states has increased.

Bank of communications predicts that in November, China's exports increased by 23.7% over the same period last year, a slight rebound from 22.9% in October. Tang Jianwei, senior macroeconomic analyst at Bank of communications Financial Research Center, said that from a trend point of view, the year-on-year growth rate in October has continued since May, and the total export volume has remained above the average level since this year. Judging from the fluctuation of exchanges, the total volume of November will rise again compared with October.

　　 Tang Jian Wei At the same time, from the basic point of view, the US and Japanese economic indicators, which took the lead in resuscitation in late 2009 and early 2010, remained low in the third quarter. Meanwhile, some countries in the European Union rebounded repeatedly. For example, the pressure of banking pressure in Ireland and other countries reappeared, and the tightening expectations of Asian and Asian countries such as Japan and South Korea increased, which will bring economic recovery to emerging Asian countries. import demand Growth inhibits growth. And it is expected that the global economy will continue to maintain a weak recovery in the future. At the same time, due to the increasing competition between China and other export oriented economies in Asia, the pressure on RMB appreciation has continued to increase in the near future.