Pearl River Delta Motor Industry Continues to Maintain Its Export Advantage

Although Shanghai or Suzhou, from the perspective of economic data, the growth rate of foreign trade is higher than Shenzhen and Dongguan in the Pearl River Delta region. However, according to the survey report of the Shanghai Double-click Technology Global Intelligence System, it shows that in the motor industry, which accounts for nearly 30% of China's main export commodities, the Pearl River Delta will still maintain its absolute leading edge in the future.

The report shows that the export of electrical products in China is mainly based on Shenzhen, Dongguan and Zhongshan, both in terms of export volume and export volume. In 2009, the annual export volume of motor manufacturing enterprises in Shenzhen reached 1 billion kilograms, accounting for 36% of the total export volume of China's motor products; the export volume reached 800 million U.S. dollars, accounting for 15% of the total export volume of China's motor products, and Shenzhen in the Guangdong region. , Dongguan, Shunde and other places of motor exports are also more than Jiangsu.

Yu Wanling said that in the next few years, although the growth rate in the Yangtze River Delta region will probably remain ahead of the Pearl River Delta region, the Pearl River Delta region still has its irreplaceable advantages in terms of motor production and exports, that is, adjacent to Hong Kong. Hong Kong is the second largest motor export destination outside of the United States.

Exports from the Pearl River Delta region to Hong Kong clearly have an advantage. Unless the demand in Hong Kong ceases a few years later, the Pearl River Delta region will continue to maintain its leading position in the export of the motor industry.

Emerging markets have become a new impetus for foreign trade growth New emerging foreign trade enterprises in the Yangtze River Delta region may have advantages over old foreign trade companies in the Pearl River Delta region in many respects. This is reflected in the statistical data that is a faster increase in exports. However, for many old foreign trade enterprises in the Pearl River Delta region, the development of emerging markets such as Brazil and India has become their most direct new driving force for growth. Similarly, more emerging market buyers also use the relatively mature industrial base in the Pearl River Delta as their first choice for procurement. Brazilian buyer Juan Car-rillo clearly told reporters at the World Managers' Forum that their first stop in China is Shenzhen, because there is a more complete and more competitive supplier system in the Pearl River Delta than in the Yangtze River Delta region. .

It is reported that the formal launch of the China-ASEAN Free Trade Area and the development of China's emerging markets such as Brazil and India have become the main driving force for China’s foreign trade growth this year and are also new growth points for China’s foreign trade in the future. In June of this year, ASEAN, with its weak inferior position and ranking Japan, became China’s fourth-largest trading partner; Brazil has leapt to China’s tenth largest trading partner.

In the Pearl River Delta region, more companies have expressed strong interest in emerging markets such as India and Brazil. Many enterprises in the traditional manufacturing industry in the Pearl River Delta have stated that emerging markets have become their major overseas markets.