China released export-import figures from January to February on March 8, surprising many. Because China's exports jumped 60.6% compared to the same period last year.
Only February one month China's exports have almost doubled compared to the previous year.
The proportion of expansion is not only the highest in the past 20 years. But it is also higher than general analysts expect of about 40%.
However, it is worth noting that the rate of growth is วิธีเล่นเกมยิงปลาvery high. This compares to the situation in 2020, which is particularly low. In the same period last year China's exports dropped 17.4%, while the first two months in China were particularly volatile. Because there is a long holiday on the Chinese New Year Which made the numbers more distorted this time
But even so Experts and analysts contend that these export figures "Impressive" anyway
Ting Lu, Nomura Holding's chief economist, pointed out that the very low base effect would be eliminated. China's export expansion is strong anyway. Reflecting the increasing demand around the world Especially those of medical devices and equipment for "Work From Home" all
But in the long term, David Qu, Chinese economist Point out that Chinese exports remain threatened by uncertainty in the second half of this year. Which many parties believe Strict measures to prevent COVID-19 Will be more relaxed As a result, the demand for medical products and supporting equipment to work from home has decreased.
In the meantime Other exporting countries will re-enter the market. This will result in more competition in the world market.
The export figures were released two days after the China National People's Assembly in Beijing. The Chinese government serves as a platform to set the country's economic agenda in the coming years and sets a target of over 6% of this year's economic growth, which is not least conservative considering the situation when Last year While general analysts had predicted a much higher growth of 8.4%.
It is interesting There is a lot to think about that China is heavily reviewing its own economic and trade experiences over the past few years.
Not only "Xi Jinping", the President of China will ever hint at The country's manufacturing industry lacks sufficient “innovation” to break down the technological bottleneck.
