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growth rate of medical device exports, but there are still weaknesses.
exports of medical devices grew at aOn November 19, the official website of the State Council forwarded an article in the People's Daily, which pointed out that in the first 10 months, China's total value of foreign trade imports and exports reached 25.63 trillion yuan, an increase of 2.4% year-on-year, of which exports amounted to 13.99 trillion yuan, an increase of 4.9%.Under the background of global trade and investment downturn, in the face of challenging and uncertain development environment, China's import and export scale is generally stable, the structure continues to be optimized, and the quality has been steadily improved.In the first 10 months, the domestic industrial chain was longer and more representative of China's foreign trade autonomy of the general trade import and export growth of 4.8%, higher than the overall growth rate of foreign trade 2.4 percentage points, of which 8.14 trillion yuan of exports, an increase of 8.5%. Exports of integrated circuits, photovoltaics, electricity, medical devices, etc. are above average.How about foreign trade, the data of enterprises is the most intuitive.“ Not long ago we in India, the value of more than 20 million U.S. dollars, the end of the year may have a few export orders, are in negotiations. Referring to the company's exports this year, the chairman of an equipment company in Hubei said, "Order growth is unexpected, the growth rate is unexpected." Thecompanies has benefited from years of "research and development". In the first three quarters of this year, China's import and export volume was 7.01 trillion yuan, 7.66 trillion yuan and 8.24 trillion yuan, respectively, rising quarter by quarter.
is strong compared with other countriesIn the past, double-digit growth has been "common" for China's foreign trade. The current growth rate of foreign trade has fallen back compared with the past.In this regard, experts believe that the evaluation of the growth rate of foreign trade, not only to look at national indicators, but also to look at global data;By contrast, although China's foreign trade growth rate has declined, but compared with other countries, China's import and export growth rate is still leading the world's major economies, the position of the largest country in goods trade further solid.For both sides of foreign trade, the import of one party is the export of the other. One side's market is not good, imports are less, and the other side's exports are bound to decline.The World Trade Organization recently released exports from the world's major economies in august, with U.S. exports down nearly 1 percent in dollar terms, Japan down nearly 4.8 percent, South Korea down nearly 10 percent, and other important exporters falling to varying degrees, with only China keeping growing.
high-end medical devices, exportsAccording to public data, from China's medical device export provinces (regions, cities), mainly concentrated in China's Pearl River Delta and Yangtze River Delta region, Guangdong, Jiangsu, Zhejiang provinces accounted for 60% of China's total exports.In addition, in addition to Shanghai and Liaoning, the export volume of the top ten export provinces increased significantly, while the export volume of Hubei, Shandong and Anhui provinces increased by more than 10%. It is reported that although the export volume has increased, but at present, China's exports of medical device products, still low-value consumables, low- and medium-end products, the industry on raw materials and labor and other low-cost factors rely on a lot. To massage health care appliances, medical supplies dressing-based top ten export products, accounting for 44.5% of my total medical equipment exports. Among them, exports of massage equipment increased by 9.58 percent year-on-year, with exports amounting to US$2.292 billion. In recent years, China's high-end medical device industry has made rapid development with the support of the state and the efforts of enterprises, especially the gradual realization of imported replacement of imaging diagnostic equipment. The influence of individual products, such as ultrasound, monitoring and other equipment in the international market is also gradually apparent. However, in the field of large-scale equipment, such as CT, MRI, etc. , due to the long-term monopoly of the global market by multinational companies, China's high-end products compared to the technical level and comprehensive performance of developed countries still have a large gap, clinical use time is short, the international market recognition is low, foreign exports are still weak, the internationalization road has a long way to go. With the continuous upgrading of industrial structure, medical device products to the direction of customization and high added value, early screening technology, artificial intelligence, 3D printing, medical robots and other new technologies, for the medical market to bring a disruptive revolution. (Cypress Blue Equipment)