In view of the export scale, the industry representative and the timeless and formalization which Baosteel showed in the information providing in the previous work, recently, the state general administration of customs selected baosteel as "China foreign trade export leading index sample enterprise".

Among the main factors that affect foreign trade export of our country, macroeconomic indicators such as processing trade import, foreign direct investment, and major economies's consumption and microscopic indicators such as investment, and enterprise's order, confidence, cost, have a predictable effect on export performance.China foreign trade export leading index is to synthesize these indicators for statistical processing of a monthly composite indicator, used to predict and warning the export tendency of our country over the next 2 to 3 months.

In 2012, the state general administration of customs selected 2861 companies as the representative from the tens of thousands of export enterprises through the network questionnaire form, and the acquisition of enterprise and calls, and officially compiled and published "China foreign trade export leading index" for the first time, strengthen accuracy of the predictions of export situation of country and society, improve the scientific, forward-looking, and position-relevant of macroeconomic regulation and control, which has an important practical significance on keeping the economic and trade development smoothly. It is understood that the index adjust the sample enterprise once every two years.




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