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« Members said the U.S. commitment to continue to promote the appreciation of the renminbi in China

Resulting in the exchange rate rise of raw materials rose Passing small foreign trade enterprises

in the commodities, raw Material prices and the appreciation of the renminbi together, the current small and medium enterprises Passing trade, export profits down 1.44%, has been approaching" life and death mark."

years , more and more small and medium foreign enterprises sad day. To non-ferrous enterprises, for example, the export tax rebate cancellation, trade friction normalized, a block is squeezed corporate profits, shrinking. The increase in costs this year, labor expensive, financing and other troubled companies is inflation, and sustained appreciation of the renminbi will become" the last straw breaks the camel" ?

It is understood that raw material prices, labor expensive, such as several heavy pressure superposition will push up the cost of exports of SMEs by 10 to 20 percentage points, in particular the rising costs of raw materials has become the biggest burden is the most direct impact on export competitiveness decline.

research data show that more than 60% of Sichuan in the first quarter of the companies that rising costs cause the product to customer churn, that shortage of funds, financing difficulties of enterprise accounting to maintain above 20%, while the appreciation of the renminbi is not received by then or less proportion of maintaining long-term corporate orders 40% or more.

yesterday central parity rate of RMB against the U.S. dollar against the RMB 6.5096 to 1, then a new high since the reform of foreign exchange earnings, to 6.5 once again approaching, the RMB against the U.S. dollar this year, nearly 1.6%.

National Development Reform Commission, said Zhang Yansheng, multinational corporations and large companies is not sensitive to the appreciation of the renminbi, because you can pass on the cost of the global allocation of resources or other means to resolve, but the private enterprises, small and medium risk tolerance of the poor exchange rate changes.

It is understood that , for every 1% increase in the RMB exchange rate, foreign trade enterprises in Guangdong Province on the loss of 8.0 billion. Statistics show that if the yuan to appreciate 3% in the short term, home appliances, automobiles, mobile phones and other production companies profits will fall 30% to 50%, low bargaining power in many small and medium enterprises will face losses. This year, in part because of price growth in the hardware business for nearly 20%, suffered the loss of a large number of orders.


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