Emerging markets become the new export direction o

2022-09-21
  • Detail

Resist the financial tsunami new export direction of emerging market enterprises

resist the financial tsunami new export direction of emerging market enterprises

China Construction machinery information

Introduction: on November 2, the third phase of the 104th China Import and export commodities Fair (hereinafter referred to as Canton Fair) opened. In the exhibition hall, buyers from all over the world are running among the exhibition halls. Stimulated by the increase in the export tax rebate rate, Chinese exhibitors have also rebounded significantly, working hard to promote products and expecting to sign more orders. This Guangjiao

On November 2, the third phase of the 104th China Import and Export Commodities Fair (hereinafter referred to as Canton Fair) opened. In the exhibition hall, buyers from all over the world are running among the exhibition halls. Stimulated by the increase in the export tax rebate rate, Chinese exhibitors have also rebounded significantly, working hard to promote products and expecting to sign more orders

the Canton Fair kicked off in the global financial tsunami. A total of 140500 buyers attended the first and second phases of the fair, with a transaction of US $24.76 billion. Among them, the transactions of Electromechanical, furniture, toys and other commodities have declined, indicating that the financial tsunami has had an impact on "made in China"

how cold is the cold winter of foreign trade

the global financial crisis began to gradually affect the real economy, especially China's foreign trade exports. As the "weathervane" and "barometer" of foreign trade, the Canton Fair shows that compared with previous years, European and American merchants have decreased significantly this year, and foreign investors are generally cautious in placing orders. Among the merchants interviewed, foreign trade orders decreased by an average of 30%

Wang Yongli, deputy general manager of Guangdong Silk Textile Group Co., Ltd., provided a copy of the group's import and export information. Statistics show that in the first 10 months of this year, the group's orders from the United States decreased by 15%. In addition, foreign customers also asked to reduce the price of export commodities. With the rise of workers' wages and raw material prices, and the rise of import and export transportation costs, export enterprises generally feel pressure

from July, 2005 to now, the appreciation of RMB against the US dollar has reached 20.6%, which means that for textile products with export gross profit rate less than 5%, the exchange rate changes and profits disappear

"the import and export trade of group enterprises has entered the most difficult period since the reform and opening up." Caigaosheng, chairman of the group, said

Chinese foreign trade enterprises are also increasingly feeling the competitive pressure from Southeast Asian countries

"in this case, the company can't easily refuse to do low-cost orders. If you don't do it, you'll be deprived of food, and you'll be giving up the hard-earned market to others." Cai Gaosheng said, "now, the order grabbing from Southeast Asia, India, Turkey and other places is very strong."

which enterprises can survive the crisis

in the face of the domestic and foreign economic environment, with the promulgation of the two EU Directives "waste electronic and Electrical Equipment Directive" (WEEE) and "Prohibition of hazardous materials in electronic and Electrical Equipment Directive" (RoHS), the situation has changed dramatically, and some enterprises regard it as "miserable"; While other enterprises regard it as the "sunny spring season" for structural adjustment, seize the opportunity to turn to material performance-based upgrading, seek change and innovation, and blaze a trail in innovation

analysts said that enterprises that conform to the national policy guidance will become the "Chinese force" to survive the crisis

this has been seen at the Canton Fair. At the exhibition, increasing brand promotion, accelerating technological innovation and improving product added value have become the consensus of many enterprises

"our basic strategy now is to protect the market and customers, and change the growth mode. It is no longer to make profits from quantity, but to make profits from brand and technology." Wang Yongli said, "the profits of products with brands and independent intellectual property rights are 50% higher than those of OEM products."

in addition, playing the service card, taking the customized route, avoiding exchange rate risks through financial and other means, and looking for emerging markets are also the ways for enterprises to resist the "cold"

at the Canton Fair, SOLARLAND solar products at the booth of China Machinery Industry Corporation attracted much attention. Zhudanze, manager of the company's marketing department, said, "we not only sell solar products, but also provide customers with a set of solutions to make them feel that your products are specially made for him. Only two days after the launch, our order volume has exceeded more than US $2 million."

where are the emerging foreign trade markets

in the era of high cost, what are the advantages of Chinese manufacturing? Where should China's foreign trade export go? From the Canton Fair, we may find some answers

according to the introduction, the transaction of the second phase of the Canton Fair mainly presents four characteristics: first, the enterprise brand effect is prominent, and the advantageous enterprises are full of confidence; Second, a large number of new and special products with high added value have emerged, and transactions are active; Third, energy-saving and environmental protection products are widely welcomed; Fourth, emerging markets have revealed new opportunities

muxinhai, deputy secretary general and spokesman of the Canton Fair, believes that these characteristics, to a certain extent, indicate that China's export industry has formed a relatively large proportion: 1.2 ⑴ With strong competitive advantage of 26g/cm, export enterprises' ability to cope with changes in the external environment is constantly increasing

Zhu Hongren, director of the operation monitoring and Coordination Bureau of the Ministry of industry and information technology, also said that the comprehensive supporting capacity of made in China is strong, and the domestic gradient transfer space of the manufacturing industry is also large. At the same time, China's labor resources are still very rich. Therefore, although the cost continues to rise at present, the comparative advantage of China's manufacturing industry has not been lost and will remain for a long time

in addition, it is worth noting that with the decline of European and American markets, emerging markets represented by South America, the Middle East, Russia, ASEAN and other countries and regions have gradually become a new direction for "made in China" to the world. From January to September this year, China's exports to the United States increased by 11.2% year-on-year, down 4.6 percentage points from the same period last year; Exports to ASEAN increased by 28.9% year-on-year

Copyright © 2011 JIN SHI