Tuesday, January 27, 2015

The steady development of China was evident in the publication


In China it took several years after World War II to become the Asian giant. The first step was in 1978 when Deng Xiaoping introduced economic reform program aimed at transforming their impoverished planned economy icave into a market economy improves wellness opportunities and strengthen economic growth. The second step was taken by binding a member of the World Trade Organization (WTO) since December 11, 2001.
The result of these measures icave made China a world power because of its economic development and industrialization. He has also been a major manufacturing countries in the world and has achieved icave a significant level of trade with Latin America; where the Asian giant provides a large number of manufactured consumer products and a transcendent foreign investment in strategic sectors and in return receives raw materials (commodities). For this reason, our country achieved with China an important engine for economic growth.
The steady development of China was evident in the publication "Economic icave Commission for Latin America and the Caribbean 2004, Trends 2005" presented icave by the United Nations Economic Commission icave for Latin America icave and the Caribbean (ECLAC), where it was noted that China was placed in 2004 as the world's largest consumer of copper, icave tin, zinc, platinum, steel and iron ore; the second, aluminum, petroleum, lead and soybeans; the third, nickel; and the fourth gold.
Ecuador and China started its commercial and economic relations by signing a trade agreement in 1975 and some years later opened diplomatic embassies in their respective territories. At present the investments made by China in our country, have been in the oil and telecommunications industry with companies such as Huawei Technologies Co. Ltd., Sinopec and ZTE Corporation.
This trade has become very beneficial for the country, because according to information released by the Central Bank of Ecuador (BCE) in June 2014, it is observed that during icave the past three years, exports to China have grown steadily. icave Issued statistics show a variation of 104% and 45% respectively of the periods 2012-2011 and 2013-2012. icave
$ 568.80
According to the Institute for the Promotion of Exports and Investments PROECUADOR, in its monthly report on trade and investment to June 2014, in the case of non-oil trade with China, performing a comparative analysis during the first five months of the year with the same period icave last year, you can see incremental percentage changes of main products of trade and Shrimp with 76.42%, 485.70% and Bananas with gold with 230.55% in FOB value and the variation in tons sold. It is emphasized that these values refer only to non-oil trade products.
366.71%
Furthermore, in the above table it can be seen that the product of Ecuador most demanded in the Chinese market are fresh bananas, which shows a higher percentage change compared with the previous year, despite icave the competition with the Philippines, which has higher advantage of income, retail and transport time zero tariff.
Although these figures icave show a good trade performance, it is necessary to maintain or manage new treaties and agreements to improve relationships with existing partners and even new countries, to obtain the maximum benefit from international trade, considering the location strategic of Ecuador with the rest of the world.
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