2015年3月29日星期日

Three elements pushed the substantially increase of China’s export in February


According to the customs data, there is a great increase of China’s export in the first two months of 2015. The export volume decreased by 3.2% in January and increased by 48.9% in February. According to our analysis, the three reasons that cause the increase are:

1.       Affected by the spring festival, companies mainly exported during the upper half of February. And the base number of last year was small, so it makes the growth increase.

2.       The need from the developed countries has increased. At the beginning of the year, the American and European Union economy rebounded. In February, the export growth towards America and European Union has up to 48.5% and 44.2%.

3.       Political reason. Export rebate rate of textiles and clothing has increased from 1st January. This helps companies lower cost, enhance export competitiveness and improve the export enthusiasm. According to the statistics, the growth of textiles and clothing export volume has doubled in February.   

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