Thursday, December 30, 2010
How to see U.S. export promotion strategy.
<P> Barack Obama in the recently published State of the Union announced that it will make in the next 5 years to double U.S. exports. .As the specific actions to implement this goal, the U.S. Department of Commerce recently released the "National initiative to export" strategy, said it would expand from the strengthening of trade to facilitate trade finance and the strengthening of the three aspects of trade rules to help U.S. companies explore overseas markets. .</ P> <P> "exit cabinet" and "three-pronged approach" </ P> <P> This is the first time the U.S. government covered almost all government departments to develop export promotion strategies. .According to this strategy, the U.S. government will set up a "promotion of exports cabinet", the agency will be the State Council, Ministry of Finance, Commerce, Agriculture, Trade Office, Small Business Department and the Export-Import Bank and other government departments composed of senior officials. ."Cabinet" under the each department to submit within six months how to promote U.S. exports Obama's specific plans, comprehensive plans will be finished as a "national initiative to export" strategy released. .</ P> <P> initial policy as currently drafted, including three aspects. .First, the Government to provide overseas market information for enterprises, and many other services; Second, the Government will make it easier for enterprises to obtain export financing; again, through the strengthening of trade rules to remove trade barriers in overseas markets. .</ P> <P> as specific policies, the U.S. Department of Commerce's International Trade Department will be funded in fiscal year 2011 increased by 20%, additional funding will employ 328 trade experts, many of which will be sent to China, India and Brazil .and other major emerging economies. .U.S. Export-Import Bank will substantially increase next year's export credit lines to SMEs, from this year's 40 billion U.S. dollars to 6.0 billion. .</ P> <P> implied depreciation of the dollar trends </ P> <P> estimated according to the Obama administration, if the export could double by the next 5 years, the expected increase of 2 million U.S. jobs, effective .ease America's current high unemployment rate. .And because there is a huge U.S. trade deficit, export expansion will also help the U.S. achieve trade balance. .</ P> <P> the main thing is that in the past few decades, the U.S. economy highly dependent on domestic demand, the engine, but now rising unemployment, weak domestic demand, so as soon as possible out of the woods to the U.S. economy, expanding exports will be an important .link. .Over the past two quarters, the U.S. economy was the result of growth, export surge is an important reason. .</ P> <P> "export-driven" in terms of both short and long term will benefit the U.S. economy, but in the background of the current world economic crisis, the United States in what way the export drive, it will put what the world economy .effects of concern. .</ P> <P> concern for many countries, the United States to implement the "export drive", a large depreciation of the dollar may be the magic. .Although the U.S. Commerce Secretary Gary Locke repeatedly emphasized, the United States to promote the exports will not protectionism, will not restrict imports, there is no secret plan to depreciation of the dollar. .However, from past experience, the fastest period doubling U.S. exports is 7 years, was in the 80s of last century. .Double exports to the United States there are two factors, one the world's economic prosperity, and second, the weak dollar. .From the past year, the U.S. has been able to continue to grow exports, to a large extent the dollar driven. .</ P> <P> China has become the main direction </ P> <P> In addition, the United States to strengthen trade rules, the so-called, of which, not without suspicion of trade protectionism. .Of particular note is that the U.S. largely directed at China. .</ P> <P> Obama recently in a conversation with Senate Democrats, said the future is essential to promote exports to the United States, China will be one of the major overseas markets in the United States. .He declared that it would strengthen trade rules, to ensure that the so-called US-China trade relations and so on. .</ P> <P> from the current U.S. policy perspective, on the one hand, the United States will continue to ask China to lower the threshold of market access for U.S. products, in order to promote exports to China and from China's rapid economic development to benefit; the other ., the United States through the anti-dumping, countervailing and safeguard measures and a series of means, "Made in China" setting trade protection barriers. .With this approach is that some American politicians and scholars continue to advocate the recent appreciation of the renminbi. .</ P> <P> the U.S. government in the implementation of the "export-driven" strategy, adopted a series of controversial measures, there is clearly "beggar thy neighbor" and even "troubles outside primer" is suspected, it is likely to intensify international trade friction, and even the .the world economy is facing a new crisis. .</ P>.
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