Japan's earthquake and Sino-Japanese trade import and export impact of different

Song the production and traffic chaos caused by Japan's great earthquake will affect Sino-Japanese trade.　　China is Japan's largest trading partner and its largest exporter and source of imports. Zhou Shijian, member of China-Japan Economic and trade Expert Group of the Asian Department of Commerce, told reporters March 14, to protect the headquarters of Japan, Japan's direct investment in China is expected to decline, the most obvious impact will be Japan's investment in China's processing trade enterprises, this part of the Japanese multinational companies as a link in the industrial Division of labor chain,　　The sourcing of its raw materials or key components is dependent on the Japanese mainland. This negative effect is not expected to occur immediately.　　Wang Yu, deputy Director of the Asia-African Development Institute of the Institute of International Trade and Economic Cooperation, the Ministry of Commerce, considering the trade cycle, the impact of the earthquake on Sino-Japanese trade is expected to be 3 months or so will be reflected in China's import and export data. Chen Deming, Minister of Commerce, also said in the gap to the media, the Japanese earthquake on Sino-Japanese trade impact should not be too big, "any impact is temporary." According to China Customs statistics, China's exports to Japan in 2010, 121.06 billion U.S. dollars, imports 176.71 billion U.S. dollars, an increase of 35%, the deficit amounted to 55.65 billion U.S. dollars.　　Japan's official statistics vary according to Hong Kong's re-export factors, and their figures show that China has a trade surplus of 3.68 billion U.S. dollars in 2010.　　affect the import of processing trade in Japan, the hardest hit areas of the earthquake were concentrated in northeastern Japan, where electronics such as motors and wafers and steel and automobile production centers are expected to impact on China's imports over the next few months.　　According to the report of the General Administration of customs, a 2010-year Sino-Japanese Trade Analysis, Japan is China's largest source of imports, in 2010 China imported mechanical and electrical products from Japan 119.98 billion, accounting for the same period from the Japanese import value of nearly 70%. "Imports of this part of the product are mostly imported from processing trade."　　Zhou Shijian said that the breakdown of Japan's more than 50 billion trade deficit with China reveals that, in addition to the imports of some high-end cars and terminal electronic products, the processing trade companies invested by Japan in China will import a significant number of upstream products or key components each year.　　The report also mentioned that nearly 300 billion U.S. dollars in Sino-Japanese trade volume, more than 70% of foreign-funded enterprises are completed, most of these enterprises are Japanese-funded enterprises. Zhou Shijian says Japan's direct investment in China is mostly in the manufacturing sector, where subsidiaries import key equipment, spare parts or upstream raw materials from their parent companies, and then make use of China's relatively inexpensive labor force for processing and manufacturing to complete the final export.　　Therefore, the official trade statistics of Japan will also be under the Sino-Japanese trade statistics, a separate day and day trade, which is actually such a Japanese investment enterprises in China completed trade. Guangdong, a Japanese diode production plant March 14, the company's wafer procurement more than 50% from the Japanese mainland, after the earthquake, electronic components have appeared short-term supply tight expectations. In fact, the world's top twoLarge semiconductor silicon wafer manufacturers are in Japan, the more the letter is the first manufacturer, the letter the more neighboring areas of silicon wafer factory has been completely shut down, Japan, a number of electronic enterprises under the temporary shutdown of the factory. Wang Yu said the earthquake caused a standstill in Japan's production and export system, but the impact on China's import procurement is difficult to assess.　　The biggest variable is whether the Japanese-owned companies in China will instead buy upstream products in Taiwan, or slow the pace of imports is still unknown. In addition, there have been some Japanese factories to the upstream production part of the transfer, "for this part of the enterprises, processing trade imports in China may also be affected by limited, but the source of imports will change."　　"Wang Yu said.　　According to trade data provided by the General Administration of customs, in 2010, under processing trade, China imported 61.65 billion US dollar goods from Japan, accounting for about 1/3 of the import volume in the same period.　　Risks and opportunities of export the negative impact of earthquakes on China's exports to Japan is limited. Large agricultural exporter Cao Menghui, executive director of Jinan one commodities group, said China's exports to Japan from the East China Sea, the Yellow Sea, through the Japanese sea to the west coast of Xian, Osaka, Yokohama, Kobe and other areas, compared to the earthquake hardest hit in the east, this part of the region appeared production and transport stagnation will only be temporary.　　Cao has been engaged in export trade with Japan for more than 10 years.　　Guangdong a large food traders to the Japanese trade director, although with the company's Japanese importers are not located in the northeast, but the importer's downstream customers are part of the Sendai and other areas, because of the earthquake, the downstream customers have defaulted on the importer 20 million yen payment. "Our concern is, will this indirectly affect our normal collection?"　　According to its analysis, the recent Chinese food exports to Japan, the demand for high-end food is expected to decline, but the simple food and other exports may have a significant increase. But in addition to the need for life after the disaster, Japan's big earthquake also means huge reconstruction needs.　　"As the world's largest building materials, steel producing countries, the world's largest construction market and the top construction service exporters, China's related industries are expected to gain a certain share," said Mei Xinyu, deputy researcher at the Ministry of Commerce's International Trade and Economic Cooperation Institute. Cao Menghui analysis, in the longer term, as Japan's land of plenty of the Northeast region because of the tsunami caused by seawater intrusion, soil salinization treatment is expected to take at least 5 years, which means that Chinese agricultural products in the next 5-8 years will usher in a round of export opportunities. Japan has been China's leading importer of food.