F REIGN TRADE - 中国国际贸易促进委员会

Second, Exchange Rate Fluctuation.
In 2010, the wide Euro exchange rate
fluctuation led to a greater exchange loss to
trade enterprises, many enterprises in trade
with Europe therefore did not dare to take
large, long list. Currently, when the Euro
is still unstable because of the impact of the
Euro zone sovereign debt crisis, how to effectively
trade in the EU to avoid exchange
rate risk is the problem before us.
Third, the Technical Barrier. The
EU has continued to emphasize the
environmental and safety standards of
goods, Chinese toys, clothing and motor
vehicles became the main victims.
According to the China Trade Remedy
Information Network statistics, from
January to August 2010, the EU recalled
338 textile and garment goods,
an increase of 117%. Among them, the
recall of Chinese goods was 175, an increase
of 127%.
Fourth, Market Access. In
2010, the EU strengthened the border
enforcement on intellectual property
rights, restricted the companies of nonopening
market countries to participate
in its government procurement. On the
issue of market access, EU put further
pressure on china, which created new
troubles to China-EU trade.
But overall, the positive factors in
China-EU trade are far more than the
disadvantages. In particular, the frequent
high-level visits between China-EU
in 2010 set a more solid foundation for
bilateral cooperation and made the mutually
most important trading partners
relationship strengthened. EU is fully
aware of the importance of China’s market
in pulling its economy out of crisis
and achieving sustainable growth. China
supports the EU’s measures to deal with
the debt crisis and Euro’s stability and
continues to send trade and investment
delegations to visit Europe, to expand
and deepen cooperation. We have good
reason to believe that, with the gradual
improvement of the EU’s economy,
China-EU trade and investment will
also enter into a brighter tomorrow.
(Authors: from School of Economics
and Business Administration,
Beijing Normal University Beijing,
P.R.C.)
Europe
Link 1: FDI in China from EU
Link 2: Chinese Investment in EU
According to Ministry of Commerce,
P.R.C., in January-December 2010, the
top ten countries/regions (calculated by
the actual utilized value of foreign capital)
investing in China were: Hong Kong
(US$67.47 billion), Taiwan (US$6.70 billion),
Singapore (US$5.66 billion), Japan
(US$4.24 billion), USA (US$4.05 billion),
ROK (US$2.69 billion), UK (US$1.64
billion), France (US$1.24 billion), Netherlands
(US$952 million) and Germany
(US$933 million), all of which accounted
for 90.1% of China’s total actual use of
foreign capital.
The actual input of foreign capital
from EU to China accounted for US$6.59
billion, up by 10.71% year-on-year.
According to Ministry of Commerce, P.R.C., Chinese investors
in the year of 2010 made direct investment in EU for US$2.13 billion,
297% increase year on year in a whole excluding investment in Luxembourg
(a tax haven).
By the end
of 2010, the accomplished
turnover
of China’s
foreign contracting
projects in
EU amounted to
US$4.99 billion,
accounting for
5.4% of the total,
5 7. 1% g r o w t h
compared w ith
the previous year.
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