HomeCommerce Department statistics show that in January this year, the export value of 1.73577 billion U.S. dollars in our province, an increase of 77.9%. Most analysts believe that the first half of the export situation will continue to be good, while the strong growth of imports and exports will increase the pressure on yuan revaluation. At present a number of exporting enterprises in the province have taken measures to cope. Industry analysis, if the yuan appreciated more than 5%, a huge outlet pressure will make some low-end labor-intensive enterprises lost their price advantage, leading to bankruptcy.
The province's exports in January increased nearly eight-year into the
"This year's orders has continued up to August had." Chengdu, in accordance with 100 Blue Shoes Co., Ltd. General Manager Wu Deguo said that last year the company exported more than 200 million pairs of shoes, and now the total demand has more than 6 million pairs. Not only that, they also intend to open the Russian market and the wholesale points in the formal trading. Wude Guo said that the context of the economic crisis in 2009, coastal labor-intensive enterprises suffered heavy losses, some international orders for the transfer to the Midwest, the company began 10 years ago from a hand-line Workshop on North Korea
Job restructuring, compared with 2008, 2009, the company exports grew by 20%. After the start of the year exports continued good returns, in January an increase of 15%.
Western Sichuan Shoes Industry Co., Ltd. Chairman and PENG Jun-operation, this year welcoming a full recovery in Chengdu, footwear, and many large companies doubled orders. The wages of workers in the trade compared to last year there were about 5% of the rise, now remaining at 1,200 yuan to 1,500 yuan a month. Commerce Department statistics show that in January this year, exports of 72.49 million U.S. dollars in Sichuan footwear, an increase of 37.5%. The province's export value of 1.73577 billion U.S. dollars, an increase of 77.9%.
The first budget rate of exchange or re-contract
Most analysts expect exports to continue to improve as the renminbi will rise this year to restart the process as early as expected in March.
Wude Guo said that now he and the customer sign a contract, the first three months after the budget exchange rate trends and exchange rates in accordance with the budget to sign. Customers that the yuan would rise, and therefore to accept such conditions. However, Wu Deguo remains concerned that the yuan revaluation orders will be reduced. He analyzed that less than 5% revaluation of the RMB, the company still in the throes of new life after a period of welcome. "Our main job is the high-end export products, it is relatively more bargaining room." Wude Guo said, but for some low-end products, production enterprises, did not have much bargaining room, "the reality of the industry will be ruthlessly cut not killing rivers of blood. "
PENG Jun-introduced in the province there are about more than 1,000 shoe for export through various channels, including more than 100 foreign trade qualified. Some businesses even rely on the government policy of export tax rebate survival. Rough statistics, the yuan for every 1 percentage point rise, the industry's net profit margin by 1 percentage point will be a direct, if the yuan appreciate by 3% to 5%, many enterprises will face bankruptcy.
The slow appreciation of the export enterprises are facing restructuring
"Two or three years ago began to change in the RMB exchange rate, this time I guess is likely to exceed double digits." Wude Guo said, if
From a simple shift from labor-intensive enterprises to technology, producing high-quality brand enterprise, it will usher in new shoes. Peng Jun said that the yuan revaluation, if the government in the export tax rebate to increase their subsidies, can reduce the pain of enterprises in transition.
The recent opening of the National Standardization Technical Committee at its first session of the shoe the Third Session of the China Leather Association, director of the Office shoe Wei Asia and Africa spoke of current appreciation of the RMB for the export-oriented shoe-making enterprises, the impact is not large, if the yuan continued appreciation of the raw material prices rise, many small and medium enterprises may be supported by exports of shoes, not live, so he suggested that shoe exports by raising the price to avoid the risk of short-term orders, or increase the export of products with high technological content ratio.
A condition of anonymity in international financial transactions Experts said that a sharp appreciation of the yuan will not only slow the appreciation rate is expected to rise this year, no more than 5%. Therefore, many export-oriented enterprises still have a chance.
Author: weihua
