Latest News:  

English>>Business

New markets buy big at trade fair (2)

By Li Jiabao in Beijing and Qiu Quanlin in Guangzhou (China Daily)

08:06, May 06, 2013

Li Jie, manager of the marketing department at the International Business Division of Kongka Group, said prospects for exports this year are still challenging owing to buyers' declining willingness to place orders, rising costs at home and currency appreciation.

"Robust shipments to emerging markets, such as the Middle East, Africa, Latin America and Southeast Asia, powerfully supported our export growth — 20 to 30 percent — in the first quarter of this year, contrasting the 10 percent growth in 2012," Li said.

Liu Juan, general manager of the export department of Guangdong Winto Ceramics, said that buyers from emerging economies have much stronger purchasing power than those from the EU, and the company will target Southeast Asia and the Middle East.

"I used to buy machines from the EU, but from this year I will change to China," said Yezichalem Kassa, CEO of Day Agro Industry, a fruit processing plant in Ethiopia.

"Chinese fruit processing machines are less expensive than the EU ones, which is the major advantage. And we hear so many positive things about Chinese machinery, and the EU machinery is becoming unaffordable. So now the Chinese machines are of good quality and reasonable prices," she added.

Andrei Alcea, general manager of Plasme Termice, a Romanian company in household items, said that some China-made electronic heaters are similar to EU ones, in addition to having a lower price.

Mechanical and electrical products accounted for 50.7 percent of China's total trade in 2012, according to the Ministry of Commerce.

【1】 【2】



We Recommend:

Top 10 biggest Chinese companies 2013

Housewives' gold rush keeps price from falling

Models pose for Fuzhou Auto Fair

Antique auto show kicks off in New York

China's CAS to buy 60 Airbus planes

2013 Tianjin auto show kicks off

Email|Print|Comments(Editor:WangXin、Chen Lidan)

Related Reading

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Frigate Yueyang commissioned for S China Sea fleet

  2. Long March 2-F rocket reaches launch center

  3. Orthodox Good Friday marked in Jerusalem's old city

  4. Migratory birds at Shahu Lake area in NW China

  5. Old photos to recall memories

  6. Self-defense martial art popular in Beijing

  7. 'Splendour of the French Table' exhibits in HK

  8. May 4 Youth Day Music Festival held in Hong Kong

  9. Investors shake off speculation of new listings

  10. Bamboo's alchemic ability

Most Popular

Opinions

  1. Young Chinese face hard road to happiness
  2. Commentary: Abe walks on dangerous path
  3. Celebrity diving show 'excessive': People's Daily
  4. China Voice: Salute builders of the "Chinese dream"
  5. Any future peace deal to be put to referendum
  6. Ancient Chinese tower tests classic literature buffs
  7. Why do U.S. officials visit China in succession?
  8. What does China’s development mean to world?

What’s happening in China

Brazilian self-defense martial art gains popularity in Beijing

  1. One-third of adults have high blood pressure
  2. Crowd funding fueling creative projects in China
  3. Rain predicted for SW China quake zone
  4. Celebrities to be punished for unsafe food ads
  5. Three dead in knife attack in downtown Beijing