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    Exports Of Foreign Trade Enterprises Have Declined Sharply: They Dare Not Accept Foreign Orders.

    2008/6/24 13:57:00 19

    Exports Of Foreign Trade Enterprises Have Declined Sharply: They Dare Not Accept Foreign Orders.

    Recently, the Vice Minister of macroeconomic research of the State Council Development Research Center, Wei Jia Ning, said that at present, the survival difficulties of export enterprises will also affect social stability to a certain extent. The government should introduce some policies in the second half to ease the pressure of export enterprises.


    Liu Zhicai, a professor at Tianjin University of Finance Economics and a special research fellow of the State Taxation Administration's Scientific Research Institute, said that in the face of the performance of export enterprises in the international market in the first half of the year, the government is likely to make structural adjustments to the export tax rate.


    The trade surplus in general trade in 2008 dropped sharply in 1~5 months. The surplus was only 9 billion 180 million US dollars, which was only about 1/4 of the same period last year.

    The leaders of the national development and Reform Commission visited Wenzhou and other places in May. In the middle of June, the State Administration of Taxation went to Zhejiang, Jiangsu and other places to conduct on-the-spot research, which further confirmed the state's foreign trade policy or signs of loosening.


    The manager of Lihua garment factory in Shenzhen said that medium-sized enterprises like them are still in operation, but they can only be regarded as "life saving" stage, and do not consider profits for the time being.

    He said that in 2007, the turnover of enterprises was about 10 million yuan, and now the turnover is less than 5 million yuan.


    The data released by the Customs show that the number of garment exports in China for the first time showed negative growth in 2008.

    In 1~4 months, the total export volume of clothing was 8 billion 977 million, down 1.46% from the same period last year.

    In the case of Wenzhou alone, the deficit increased by 22.1 percentage points to 314 million yuan, and the deficit reached 10.5%.


    The manager pointed out that in the face of such losses, many enterprises were waiting for work to stop, hoping that the relevant preferential policies would be introduced, but he was considering relocation.

    He said that a lot of businesses like him would have shifted to lower labor force if they had not been able to observe the environment for a period of time.


    Wenzhou City Tong Tai shoe factory Liu boss said, "now even if there is a contract, we dare not answer."

    He said that the profits of small and medium-sized export enterprises like them are around 3%~5%, but the appreciation of the renminbi is constantly increasing and production costs are increasing. These two items offset all the profits of the enterprises.


    In this regard, Liu boss said that in order to save production costs, shoe factories are canceling cooperation with trading companies and directly dealing with foreign buyers.

    This increases the paction procedures of both sides and reduces the efficiency, but it can expand the profit margins to a certain extent.

    He predicts that raw materials will increase by about 17% in the second half of the year, which will not be able to offset the rising cost of raw materials.


    Dongguan leather and Footwear Association also said that because local exports of leather shoes products are mainly low-end, so the competitiveness is relatively weak, the overall situation is not optimistic, many enterprises are afraid to make long-term or large contracts, thus affecting the export volume of enterprises.


    In this regard, Liu Zhicai pointed out that this shows that the export enterprises are in a very awkward position, both domestic and international environment double impact, and at the same time, the domestic and international environment changes too fast, so that many enterprises are passively in a wait-and-see attitude.

    In the face of such a situation, enterprises can use free trade zone and bonded logistics to offset exchange rate fluctuations.


    A staff member of Wenzhou economic and Trade Commission said, "from the beginning of May to the present, the national development and Reform Commission, the economic and Trade Commission and the State Administration of taxation have all gone to Wenzhou to conduct research", but the specific contents and data of the investigation have not been disclosed.


    A staff member of the Wenzhou chamber of Commerce said that in the face of the massive losses and failures of enterprises, frequent investigations by various departments showed that the government fully recognized the status quo of export enterprises and attached importance to them.


    An expert on international trade and investment in the world economic association of China said that "at the beginning of June, the proposal to raise the export tax rebate for textile and garment industry was submitted to the State Council and is now waiting for approval." "Specialized Committee"

    The news shows that the government is likely to take some measures to support export enterprises in the second half of the year.


    At the same time, the increase of financial revenue also provides an opportunity for reducing the pressure of enterprises.

    Yang Zhiyong, deputy director of the Financial Research Office of the Chinese Academy of Social Sciences, said that China's fiscal revenue grew rapidly in 2008 and increased by 52.6%. In May, because of the severe situation of export this year, China could reduce its pressure from fiscal policy.


    In this regard, Wei Jia Ning said that although the export enterprises are facing difficulties, they should not only listen to the voice of export enterprises on the one hand, but also analyze the pros and cons of RMB appreciation and export tax rebate from a macro perspective.

    The government is likely to take some measures in the second half of the year to ease the pressure of export enterprises and make the society more balanced.

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