Survey shows that China's export of mechanical and electrical equipment loss

The survey results of the 2009 foreign technical trade measures that have just been announced by the AQSIQ on Chinese export companies show that: In 2009, over 30% of China’s export enterprises were affected by foreign technical trade measures; the annual export trade directly lost more than US$57 billion; EU, Russia and other countries and regions have a greater impact on Chinese companies' exports.

Starting in February of this year, the AQSIQ organized a nationwide survey on the impact of foreign technical trade measures on Chinese exporters in 2009.

Based on the survey results, 34.3% of export enterprises in 2009 were affected by foreign technical trade measures to varying degrees; the direct loss of export trade for the year was USD 57.432 billion, which was an increase of USD 6.89 billion from 2008, accounting for 4.78% of the export value over the same period. In 2008, it increased 1.24 percentage points; the added cost of the company was US$24.625 billion, an increase of US$553 million over 2008.

The survey results show that the main trading partners affect the types of technical trade measures for industrial products exports in China, focusing on certification requirements, technical standards, requirements for toxic and hazardous substances, labeling and marking requirements, packaging and material requirements; and affecting the export of agricultural products. Types of technical trade measures are concentrated on the requirements for residues of pesticides and veterinary drugs in foods, requirements for food additives, restrictions on the amount of harmful substances such as heavy metals, requirements on hygienic indicators such as bacteria, and requirements for the registration of processing plants and warehouses.

China, the European Union, Russia, Japan, and Australia accounted for 34.10%, 31.18%, 16.95%, 5.01%, and 2.85% of the total direct losses for countries and regions that have a major influence on the exports of Chinese companies.

The top 5 industries affected by foreign technical trade measures were electrical and mechanical equipment, toy furniture, wood and paper non-metal, agricultural food products, and mineral metal, which accounted for 38.81%, 22.23%, and 13.38% of the total direct losses, respectively. 10.51%, 6.02%. The top five most affected provinces are Shandong Province, Guangdong Province, Henan Province, Jiangsu Province and Anhui Province.