2011 Medical Devices in Chinese trade surplus or narrow
2012-02-21 by seoer1
China's medical equipment import and export growth in 2010 has been basically restored to the level before the international financial crisis, but the Medical bed equipment import and export trade imbalance still outstanding. Outlook 2011, global resource shortages and domestic inflation expectations under the influence of grain, cotton, chemical products, water, electricity, gas and other raw materials and power prices showed a rising trend will lead to some production activities to interrupt, can not timely delivery to foreign customers. Some companies labor costs generally increase 10 percent to 20 percent, which will result in the transfer of part of the international order to lower labor costs, ASEAN and other countries and regions.
Universal terms of U.S. dollar-denominated China's medical device companies, long dependent on the exchange rate difference is generally small profit margins, the continued appreciation of the renminbi will undoubtedly bring great loss of future competition in the industry and export quotes The risk will be higher. The same time, the expansion of imports will be the focus of the balance of trade of China's import and export of medical equipment industry in 2011, the state will introduce some of the policies and measures to encourage imports.
2011 if China's medical device products to maintain the existing international market share and expanded, the annual export is expected to achieve 15% growth, import growth will be higher than exports, the trade surplus is expected to narrow. Is expected that China's suture medical equipment import and export volume of over 25 billion U.S. dollars by 2011.