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China Trade Report, 2007
Research In China, November 2007, Pages: 22
Foreign trade in China is under quick development ever since China entered WTO in 2001. Total import and export value rose to USD 1,760.68 billion in 2006 from USD 509.77 billion in 2001, with the average annual growth rate of 28.13%, which was far higher than the average growth of GDP y-o-y.
Total retail sales of consumer goods in China has amounted to RMB 7,641 billion from RMB 4,305.54 billion since 2001 to 2006, with an annual growth of 12.16%. With the fast development of the national economy in China, the implementation to expand the domestic demand, as well as the rapid growth of the urban citizen income, the consumption market in China will maintain a fast growth.
Along with the trade system reform and trade policy adjustment in China, the traditional trade companies are faced with serious challenge. If these companies don't change their operation modes, they would not have living space under the current product chain.
Strategies of trade companies fall into three groups, first is trade oriented strategy that highlights the company's competitiveness, second is diversified strategies centered by core competitiveness, and third, relevant and irrelevant diversified strategies to enter several industries.
Trade orientated listed companies is restricted by conditions of itself, and their strategies shall adapted to the expected capital injection and reorganization. The diversified listed companies have achieved somehow, especially with support from large central groups. These companies have capital injection source, or they are in anticipation of going public, or they are quite possibly to reorganize. As for irrelevant diversified listed companies, they take advantages of their own region and strengthened management level, thus they realize a stable growth.
1 Trade Industry in China
1.1 Foreign Trade
1.2 Retail of Social Consumer Goods
2 Macro Policy of Industry
2.1 Foreign Trade Policy
2.1.1 Export Drawback
2.1.2 Import and Export Tariff
2.2 Domestic Trade Policy
3 Trade Companies
3.1 Four Adjustments of Traditional Trade Companies
3.2 Orientated Diversified Strategy of Trade Companies
4 Listed Companies
4.1 Trade Orientated
4.2 Orientated Diversification
4.3 Irrelevant Diversification
Import and Export Trade in China, 2001-2007
Main Body of Export Trade in China, 2002-2007
Total Retail Sum of Social Consumables in China, 2001-2007
Position of Traditional Trade Companies in Product Chain
Diversified Strategy Selection of Trade Companies
Situation of Trade-orientated Listed Companies
Profitability of Trade-orientated Listed Companies
Growth of Trade-orientated Listed Companies
Solvency of Trade-orientated Listed Companies
Situation of Orientated Diversified Listed Companies
Profitability of Orientated Diversified Listed Companies
Growth of Orientated Diversified Listed Companies
Solvency of Orientated Diversified Listed Companies
Situation of Irrelevant Diversified Listed Companies
Profitability of Irrelevant Diversified Listed Companies
Growth of Irrelevant Diversified Listed Companies
Solvency of Irrelevant Diversified Listed Companies