China’s auto commerce lost 50% of the outflow of earnings 62% of instructions

China’s auto goods produced and sales since the first quarter of this year while a new record high, but did not stimulate an advance in company yield, and trade overseas even more serious circumstances, a noteworthy descent in overseas orders.

Domestic: the constructive expansion of the market

April 13, published by the Association of steam in March vehicle sales data show that the completion of China’s car sales 1,109,700, the Central than the 34.10 percent growth, year-on-year growth of 5.01%, respectively, reaching the highest level in the same period in previous years. At the same time, the first quarter of the total car sales reached 2,678,800, surpassing the United States once again, making China the world’s largest new consumer market.

In this consider, the rationale of vapour to aid the Secretary-General accepts as factual that whereas the above-mentioned facts and numbers display that the country’s principle function to stimulate the finances extend to be productive, the automobile market has begun to step-by-step choose up, but has not advanced functioning efficiency. This is because the vehicle market is mostly associated to functional development, by the State to boost the little vehicles the principle significances, of which 45% of the vehicle advantage, but the other 55% of the forms are still down.

Association written knowledge present that in the vapor, propelling the expansion addition of automobile goods produced and sales of the three greatest types are cross-type commuter motor vehicles, trucks and cars. Cross-type commuter motor vehicles is the most valued gain by the guideline type, a solitary ring on the matching interval last year more than three following months and to uphold expansion in the first quarter of year-on-year expansion of 34.78 out of 100, higher than the development expansion rate of 26.97 percent. The first quarter and 1.6 liters displacement following the sale of commuter motor vehicles arrived at 1,411,400, an advance of 21.93 out of 100, higher than the commuter motor vehicle development expansion rate 14.12 out of 100, 70.72 out of 100 market share, higher than 8.19 the matching interval last year percentage points. 1.6 liters and under the prevailing emission of commuter motor vehicles through the board charge of a callback, the commencing of the end of last year and this year the broker charge concessions have been infrequent sight.

But the principle does not advantage the other forms the position is not hopeful, MPV first quarter sales of 46,700 yuan, down 15.47 percent; semitrailer tractors, motor advisers and motor trucks fall nonholonomic vehicles more conspicuous, semi-trailer tractor sales down 70% . The identical time span last year, the 9 classes A total of 5 sub-model vehicles dropped 4 forms up there.

January-February enterprises atop designated amount motor vehicle principle enterprise wages of 320.413 billion yuan, up 9.42 out of 100 descent, the yield amounted to 9.879 billion yuan, up 50 out of 100 decline, decline significantly. Steam Association in the 19 key enterprise gatherings of the monetary circumstances in January-February in addition demonstrates this purpose, and decline more than the development average.

GF Securities analyst related that because of structural growth, mainly displacement 1.6 liters and below the market and cross-type passenger cars of these two models by the policy to stimulate growth, and they all belong to meager profit products, price and profits are relatively low.

“The so-called decline in the effectiveness of two, is a loss, there is a decline in profit growth. We hope that the interest rate is higher than sales growth, which indicate the high value-added. But now the auto industry there have been less than ideal shape, that is, the decline in profit growth, but it is not immediately enter the stage of a comprehensive loss. “visit of Deputy Secretary-General of the Association that the Jie Yao, and compared to other industries, the automotive industry has not failed a large number of layoffs to reduce the large number of dealers, production and marketing is still in the relatively stable state.

Exports: trade protectionism

With the in the household automobile goods produced and sales, China’s auto trade overseas, it was an apparent descent continued. Originated in deduced nations the fiscal critical purpose has distribute to arising markets, the two market demand of China’s trade overseas of elements and vehicles producing noteworthy defiance, effecting in a extensive descent in enterprise briefings, and even then no one can.

According to Association of gas statistics, automobile trade items throughout the first quarter this year, 61,000 yuan, down 62.06 per hundred, the peak five exporters are a considerable down turn in exports. According to culture statistics, China’s trade items in the first two months of this year 40,000 engine vehicles, treasured at 630 million U.S. dollars, respectively, dropped 49.8 per hundred and 61.7 percent. One in February for a lone month trade items capacity in 2007 the smallest issue since the monthly exports.

China’s auto elements trade overseas expansion has apparently reduced tempo down. Since January 1 this year, the China to enhance content and 553 varieties of high-tech mechanical and electric-powered yield with high value-added trade overseas duty reimbursement rate, some auto elements yield to be embraced, but not a optimistic element for the guideline to save the motor vehicle, for instance equipment and using electronics movement descent in exports. Data present that the first 2 months, the United States and Europe on China’s auto elements trade overseas diminished 36.4%, 35.9% and 50%. At present, a diminish in demand for arising markets the circumstances is not optimistic.

“Great Wall Motor in Russia, were affected in southern Africa, mainly the absence of orders, at the same time resulted in the appreciation of the renminbi weakening of the competitiveness of their products.” Great Wall Motor Company vice president of marketing your business-yu said, “Great Wall Motor’s export volume during the first quarter to 1 more than 10,000 vehicles, up more than 40% down. ”

Russia set up the security of high tariffs and other trade hurdles, changing virtually all the in the household automobile trade overseas enterprises, the Great Wall, Chery, Geely, Brilliance and other valued automobile trade overseas enterprises, virtually had to cease faced with this one time the greatest trade overseas market . In item, as showed by the General Administration of Customs statistics, from January this year, Argentina, the United States, Russia has resolved to originating in China’s automobile mechanical devices and other yield made with the differential anti-dumping or countervailing determination.

The end of last month, has once again been Brilliance China Automotive (ADAC) is given “piecemeal” the crash test results, but the Brilliance Junjie at the same time participating in the experiment of Austria, the Netherlands and Switzerland but the crash test body is given the “Samsung” evaluation results. This is not difficult to see, in the face of China’s auto exports, ADAC such organizations do not consciously or even act as a “trade protectionism” vanguard role.

Increasingly complex international trade environment has increased the difficulty of auto exports, the Commerce Department’s export trade as the competent departments, has been introduced measures to encourage exports, but the further spread of the financial crisis, as well as the impact of trade protectionism, these policies have so far have little effect. Department of Commerce Office of the Director of the State machinery and electronic products, some incentives are too late to play a role, such as changes in currency exchange rates, as some problems.

South Africa vehicle trade tariffs is 4%, alike to those to nations with smaller levy rates for trades and trade items of enterprises are the most beneficial, but due to the admiration of the yuan exchange rate directed to alterations in the localized Chinese goods have no comparable for demonstration, and if the localized vegetation was too late.

And on the auto parts exports, the majority of enterprises as a result of China’s R & D capability is weak, uncompetitive products, replacing the slow and other factors, this is the constraints of its exports of long-term problem.