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The import and export market of instrument and instrument is entering a sluggish period At present, the overall development trend of China's instrumentation industry is in a state of steady growth, but it is not optimistic in terms of imports and exports. In 2015, it was a new low for imports and exports in six years.
Although China's instrumentation industry started relatively late, it has entered a stage of rapid development since the country introduced the "Ninth Five-Year Plan" in 1995. During the "10th Five-Year Plan" period, the relevant state departments adjusted the product structure, focusing on the development of industrial automation instruments, instrumentation components, information technology and electrical measuring instruments, cutting-edge measurement instruments and other eight categories of instrumentation. In 2001, China's accession to the WTO has greatly promoted the development of the import and export markets of China's instrumentation industry. The total amount of import and export reached 15.37 billion U.S. dollars, an increase of 314.68% over 2000, of which the export value increased by 0.9% year-on-year. The year-on-year increase was 26.3%. In 2002, the concept of “convergence of the two industries†led to the need for automation in various industrial fields. During the “Eleventh Five-Year Plan†period, China’s instrumentation industry has become one of the countries with the largest industry scale in the world, 2010. The total import and export volume reached 60 billion U.S. dollars. At this point, China's instrumentation technology has been significantly improved, domestic instruments and meters gradually occupy a place in the international market, and many foreign companies have gradually attached great importance to the potential of the Chinese market, have set up factories in China to accelerate the integration of domestic and foreign markets.
However, since 2012, due to the impact of the global economic weakness, the violent development of the instrumentation industry in China has been impacted, exports have been sluggish, and the domestic materials companies' material and labor costs have increased, resulting in weak market demand and sluggish industries. By 2015, the total volume of imports and exports has fallen for the first time since 2009, total imports and exports 67.6 billion U.S. dollars, imports fell 5.36% year-on-year, and exports rose by 0.46% year-on-year.
The author believes that the main reason for the above phenomenon is that the domestic market demand is weak. In some low-end instrument products, domestic technology has improved, leading to a sharp reduction in import demand; while the international market has also entered a period of weakness, high-end products in China The export was affected, and domestic companies’ exports of low-end products were also resisted.
Policy regulation has become a driving force As we all know, a large number of import and export can bring a huge impetus to the development of local enterprises, prompting companies to quickly grasp the trend of foreign markets, which will help companies improve their products and increase their adaptability to and competition with international markets. Therefore, governments of all countries have always attached great importance to import and export trade. The reduction of taxes on instrument and instrument tariffs is the government's macro-control measures for the international import and export markets. I believe this news is also very exciting for China's instrumentation companies. Some experts pointed out that after the agreement is reached, it will help China to expand exports of instrumentation products, but also help reduce the cost of imports of its components and equipment, enhance China's position in the global market, and promote China's instrumentation products to the world High-end extension of the value chain.
Not long ago, German Chancellor Angela Merkel’s visit to China also contributed to the expansion of the instrumentation import and export market. German manufacturing has always been a leader in the world, and as Europe’s largest economy, it has been closely linked with China. The purpose of Merkel’s visit to China is to promote the connection between “Made in China 2025†and Germany’s “Industry 4.0†and further strengthen macroeconomic policy coordination. This will promote the transformation and upgrade of China's equipment manufacturing industry, upgrade China’s research and production in the equipment manufacturing industry, especially in the instrumentation industry, and help China become a major exporter in the instrumentation market.
Recently, news reports said that the European Parliament’s plenary meeting passed resolutions to support the EU’s signing of the World Trade Organization’s (WTO) agreement on the reduction and elimination of tariffs on 201 high-tech products. The EU’s formal signing of the agreement has given a green light. The agreement involved 201 products, including ICT products and instrumentation. I believe this news will bring a new turning point for the slightly weaker instrumentation import and export market.