Weak export of textile processing trade products are desirous of domestic sales

The global economic recovery is sluggish. Demand from major developed countries continues to slump, making China's processing trade vulnerable to weak import and export power. According to the Ministry of Commerce, in the first seven months of this year, China's processing trade exported USD 81.67 billion to the EU, a year-on-year decline of 3.6%, of which the figure fell by 21.2% in July.

Jiang Yaoping, deputy director of the Ministry of Commerce, predicted that the external situation facing the processing trade in the second half of the year will be more severe, the task will be even more arduous, and the year-long work target will also face greater pressure. To this end, he pointed out that we must continue to maintain the stability and continuity of the processing trade policy, create a stable policy expectation, and earnestly implement relevant policies and measures to improve the trading environment and reduce business costs.

Jiang Yaoping attended the first China Processing Trade Products Expo (hereinafter referred to as the “Gallery”) press conference on August 28. He said that in recent years, the scale of processing trade has been continuously expanding and the domestic market demand has been increasingly diversified. Processing trade enterprises have opened up the domestic market and increased their products. The desire for domestic sales is very urgent. The holding of the Gabo Fair is an important measure to expand domestic sales of processing trade enterprises and accelerate the transformation and upgrading of processing trade.

The first Gabo Fair will be held from September 16 to 19 in Dongguan, Guangdong Province. According to Zhao Yufang, deputy governor of Guangdong Province, at present, a total of 1,325 companies from 25 provinces, autonomous regions, and municipalities across the country have applied for exhibitions with 3,468 booths.

According to reports, the Gabo Fair is the only national exposition that directly serves the transformation and upgrading of processing trade in China. Dongguan, Guangdong, is a pilot city for transformation and upgrading of processing trade in China. Gabo Group will be located in Dongguan and will be held once a year.

Jiang Yaoping said at the same time that it is necessary to continue to promote the transformation, upgrading, and gradient transfer of processing trade, and to guide and support processing trade enterprises in the brand, R&D, sales, service, etc., to improve core competitiveness and improve the quality of development. work goals".

Jiang Yaoping pointed out that Gabo will play an important role in helping enterprises cope with the crisis, enhance their overall competitiveness, and enhance their diversified development capabilities. Through the promotion of more domestic products of high-quality products produced by processing trade enterprises, the Gabo Fair will enrich the domestic market, meet the rising consumer demand of domestic consumers, and accelerate the integration of foreign trade and foreign trade.

According to Zhao Yufang, deputy governor of Guangdong Province, this year's Gabo Fair will present several highlights, such as fully demonstrating the achievements of transformation and upgrading of processing trade, setting up a docking platform for exploring the domestic market, strengthening technological innovation and intellectual property protection.

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