The demand for overseas warehouses has increased greatly

The new format of foreign trade is full of vitality

“At present, the annual sales of our cross-border e-commerce is about 100 million yuan and maintains an annual growth of 30% to 50%.” Huang quedong, deputy director of overseas marketing of Jiangsu youao Electric Appliance Co., Ltd., told reporters that the products produced by the company, such as mobile air conditioners, dehumidifiers, air purifiers and heaters, are sold in the form of cross-border e-commerce, and have achieved rapid growth in just a few years since 2018.

Since the outbreak, the online shopping penetration rate of residents in North America, Europe and other places has continuously increased, and new foreign trade formats such as cross-border e-commerce and overseas warehouses have accelerated the expansion, becoming a “sharp weapon” to drive the performance of China’s foreign trade enterprises. The reporter learned that domestic foreign trade enterprises obtain orders through Alibaba international station, Amazon, made in China and other platforms. In order to save storage fees and improve efficiency, they will transport the goods to overseas warehouses first, resulting in a sharp increase in the demand for overseas warehouses.

Li Huijie, the external account manager of Shenzhen Baosen Santong sea, told reporters: “especially this year, the sea freight rate remains high, and tens of thousands of dollars can be saved if you arrive overseas warehouse early, so the demand for overseas warehouse has increased sharply. The company has set up several overseas warehouse centers in the UK, the Netherlands, Germany, the United States and other places, and will expand the regional layout in the future.”

Customs data show that in the first three quarters, China’s cross-border e-commerce import and export increased by 20.1%, with more than 2000 overseas warehouses and an area of more than 16 million square meters. Wang Yiming, vice president of the China Center for international economic exchanges, said that accelerating the development of new forms and models of foreign trade such as cross-border e-commerce is not only conducive to the stable growth of foreign trade and the transformation and upgrading of traditional trade, but also conducive to accelerating the construction of a new development pattern in which domestic and international double cycles promote each other.

A number of costs have risen recently

Government and enterprises work together to solve problems

The new format of foreign trade has developed rapidly, but for traditional labor-intensive small and medium-sized foreign trade enterprises, there is a dilemma that they dare not easily accept orders when the prices of raw materials and logistics rise.

The person in charge of a small garment foreign trade enterprise in Wuxi frankly said: “We also want to do online channels, but the investment cost is large. There are a lot of return orders for textiles and clothing in Southeast Asia this year, but the costs of raw materials and labor rise faster. Because the foreign trade order is signed in advance, the price cost can not be transferred to customers at the moment. Moreover, at present, the tariff of 7.5% on clothing between China and the United States is still there, so the export business is very difficult to do.”

Recently, raw material prices, shipping prices and exchange rate fluctuations have become the burden of foreign trade enterprises. An electromechanical foreign trade enterprise in Zhejiang told reporters: “the price of raw materials increases by more than 25%. Superimposed with the appreciation of the RMB and other factors, the price increase of our products by 30% can be equal to the original profit, but in the end, we communicate with customers. We digest 10 points ourselves and only increase the price by 20%.”

Relevant measures are also being taken at the national level to help alleviate the pressure on raw material costs of enterprises. Li Hui, deputy director of the comprehensive Department of the national development and Reform Commission, said: “at present, the prices of copper, aluminum and zinc are still at a high level, and industry enterprises have strong expectations for ensuring the supply and stable price of bulk commodities. In the next step, we will closely track and monitor the market price trend and the changes of supply and demand situation, and continue to put national reserves into the market to alleviate the contradiction between supply and demand in the industry and guide the reasonable return of prices.”

Foreign trade grew considerably throughout the year

China’s international market share will reach a new high

Although profits are under pressure, the reporter learned that foreign trade orders in electromechanical and other industries have maintained growth. The data also showed that in the first three quarters, China’s export of mechanical and electrical products was 9.15 trillion yuan, an increase of 23%, and the export of labor-intensive products increased by 9.5%.

“In the first three quarters, the added value of export delivery achieved rapid growth, with an average growth rate of 7.6% in the two years. In particular, the export delivery value of our automobile industry increased significantly, which supported the current extraordinary recovery of the industry.” Yu Ze, director of the Department of economics of the school of economics of Renmin University of China, said at the recent monthly data analysis meeting of the China macroeconomic forum.

For the future growth rate of foreign trade, many experts predict that the growth rate may decline, but the annual growth is considerable, and China’s share in the international market will increase.

Li Kuiwen, spokesman of the General Administration of customs and director of the Department of statistics and analysis, previously said that considering the impact of the high base of foreign trade in 2020, the growth rate of import and export may fall in the fourth quarter of this year, but the overall positive trend of China’s foreign trade will not change, and it is still expected to achieve rapid growth throughout the year.

Liang Ming of the Institute of foreign trade of the Research Institute of the Ministry of Commerce predicts that the total import and export volume of foreign trade this year will exceed US $5.6 trillion, and the trade share is expected to be about 15%. (author: Chen Fang)

In 2021, the public security authorities cracked up more than 44.1 telecommunications network fraud cases, arrested more than 69 criminal suspect, knocked out 39 thousand criminals involved in the “two card” criminal gang, and recovered the 12 billion yuan of the masses being cheated.

So far, the Ministry of public security, together with the Ministry of industry and information technology, has cleared 64.41 million high-risk telephone cards, 16.41 million false business cards, and 1.48 billion risk accounts together with the people’s Bank of China.