In the foreign trade industry

"Some of the data (for example, the PMI purchasing managers' index) reflects the initial indications that external demand situation might be stabilizing, but the short-term outlook remains cautious. The key question is the import of strong growth trend will continue." The ministry of commerce official said, "this may depend on the Chinese government's recent continuous penetration of fine-tuning measures. Most of these fine-tuning measures were introduced in July, to full penetration and improve the level of demand carbon steel seamless eccentric reducer might also need some time."

To complete 8% of the stated goals throughout the year he still showed a certain confidence.The Chinese government has set in early 2013, import and export growth target is 8%. According to data released by the customs general administration, import and export gross July 1 - up 8.5% from a year earlier.In July the rebound in foreign trade data is may only be a regression in normal state, "double negative" Numbers last month has a short-term factors.

China economics at anz bank research director liu ligang at anz think that "money shortage" in June after the improvement in liquidity conditions promoting the trade activities of the recovery."In the first two months, the bank does not give, financing or guarantee not walk without schedule 80 galvanized carbon steel pipe a single phenomenon." Jiangsu foreign trade dealer Mr Pan said, "the foreign trade enterprises and foreign contract between a lot of time to pull the Banks to come in, do order guarantee financing or a third party. The bank not to do, this order is canceled or delayed. Stranded for a period of time may fly list."

The ministry of commerce officials said another reason is that: "in June due to the customs control more strictly, does not exclude the pressure of single enterprise happen."
"Rather than China import and export data recovery and return to normal. Because safe trade review of the impact of the no. 20 result in May and June part of foreign trade to delay, and transferred to the data in July." Mizuho securities said shen jianguang, chief Asia economist at the same analysis.

Senior ding shuang, an economist at citigroup, China also said that in general the data better than expected, but the monthly data tend to be more volatile, if from three months on average, 3.3% growth in imports, exports are around 1%, there would be no monthly data reflect so good.