Survey shows: Export value of April is expected to increase 29.95%

Source: Internet
Author: User
Keywords China Europe China
Tags agencies bank of china compared data economic economic recovery economy export
Experts say exports will peak in the three quarter Pan Ying May 6, the reporter to 38 agencies launched "China's macroeconomic data April consensus" survey showed that the April annual GDP growth rate of the survey mean 29.95%, median 30%, the growth rate compared to March 24.3% has improved.  In addition, the maximum value for the survey is 54.42%, with a minimum value of 10%. China Merchants Securities (600999.SH) macroeconomic analyst Sheya told reporters in a telephone interview, the OECD leading indicators and the U.S. economic leading indicators show that the U.S. economic recovery is relatively good, the Chinese two-quarter export growth rate will remain more than 20% year-on-year growth, and in September-October to reach the peak export. "Trade frictions do not have a fundamental impact on China's exports, and the low-cost advantage of China's export manufacturing sector, while declining in the long run, will remain in 5-10 and boost China's export growth," he said.  "Sheya said. In a telephone interview, She Yuedong, research director of the Financial markets Department of Bank of China, said the further recovery of the US economy would 601988.sh,03988.hk China's export growth. "The U.S. economy is improving, according to data from Non-farm payrolls, manufacturing PMI indices and new home sales. But Shang said the eurozone economy was a big uncertainty affecting China's exports. "Europe's economic recovery is a structural problem at a time when its manufacturing industry is not as vibrant as Japan's, technological innovation is less than America's, and the population is ageing." Beijingers, deputy director of the Institute of Quantitative Economics and technology Economics of the Chinese Academy of Social Sciences, also expressed the same opinion in a telephone interview.  "Europe is the biggest risk to China's exports, the uncertainty over its sovereign debt crisis is relatively high, beijingers that, by contrast, the US economy is recovering better, although it is also coming out of the financial crisis, but America's financial markets have stabilized and debt-servicing capacity and credit are much higher than in Europe. The agencies involved in this survey include Bank of China (601988.SH,03988.HK), Bank of Communications (601328.SH,03328.HK), Guotai Securities, Everbright Securities (601788.SH), Haitong Securities (600837.SH), Merchants Securities ( 600999.SH), BofA Merrill Lynch, Paris-France Securities, and Standard Chartered Bank.
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