Foreign Trade Enterprises Are Struggling To Make Good Progress. Hundreds Of Enterprises Suffered Losses In Qingdao Last Year.

Foreign trade industries such as shoemaking, toys, textiles, clothing, plastics, hardware and so on are all facing a difficult situation. On the eve of the central economic work conference, which is related to the trend of macro-control policy in the second half of the year, enterprises are eagerly looking forward to favorable policies.

Data from customs showed that in the first half of this year, the country exported 666 billion 600 million US dollars, an increase of 21.9%, an increase of 5.7 percentage points over the same period.

At present, foreign trade enterprises are experiencing the coldest summer.

Compared with the same period last year, the production of some light industries represented by the textile industry has obviously slowed down.

Shoes, toys, plastics, hardware and other industries are facing a difficult situation. These industries are facing the same international and domestic environment: the weak international consumption under the influence of the US subprime mortgage crisis, the adjustment of domestic processing trade, export tax rebate and other export policies, and the appreciation of the RMB against the US dollar is "eating up" most of the profits of the enterprises.

Under the heavy pressure, export enterprises began to accelerate the pace of adjustment, but the most serious ones were those of primary and small-scale enterprises that could only earn some processing fees. They simply had no time to take account of market pformation.

Life or death, closing this month or clenching your teeth is all the options in front of them.

At present, in the Yangtze River Delta, the Pearl River Delta and other places, some enterprises have seen losses or even failures. Some enterprises have begun to shift to the central and western regions or Southeast Asian countries in order to save operating costs.

On the eve of the central economic work conference, which was related to the direction of the macro policy in the second half of the year, the first half of the year was released on July 17th.

Yin Zhongli, a researcher at the Financial Research Institute of the Academy of Social Sciences, said in an interview with reporters that from the data, the domestic inflation situation in the second half of the year is still grim, and the main keynote of macroeconomic regulation and control policy "choking inflation" should not be shaken.

"Although the CPI data in June were somewhat down, it was calculated on the condition that CPI has been rising continuously and the price base is relatively high.

And from the same period of PPI data (8.8%), CPI continues to rise pressure is still very large.

However, many mathematicians believe that the government will fine tune the tight monetary policy in the second half of the year.

In the current situation of wage increase, raw material prices and RMB appreciation, the profits of enterprises will be greatly affected.

Shen Minggao, chief economist of Citibank China, judged that the appreciation of the renminbi would slow down in the second half of the year. The government may use fiscal policy in response to the austerity policy, such as maintaining economic growth through public expenditure.

And experts say tax policy will also be on the agenda.

Specifically, it includes raising taxes on export rebates and subsidized production.

According to recent reports, the textile rebate rate is already on the horizon. It may be 2 percentage points back.

"Business days are tough now."

Xu Xiaozhong, manager of Qingdao Jiajia Mei Knitting Co. Ltd. said that with the appreciation of RMB and the rise of raw material prices, the company's profit margins are gradually declining.

In order to minimize the impact of the appreciation of the renminbi, they have to take up one or two yuan per unit of finished goods when they sign quotations with foreign buyers, but buyers do not buy it at all.

"If you want to get an order, you have to prepare for not making money."

Xu manager said.

In this regard, Chengyang district's Oak Clothing Co., Ltd., Laixi's Le fine dress Limited by Share Ltd chief also expressed the same feeling.

According to the relevant person in charge of the Municipal Economic and Trade Commission, clothing is the largest export product in the city, accounting for 12.2% of the city's export.

However, due to the unfavorable foreign trade situation and the rising price of raw materials, the order of enterprises is increasing, but the profit has been greatly reduced.

Take Qingdao dnong clothing as an example, although the price of last year increased by 1.4% over the previous year, the company is still losing money.

According to incomplete statistics, in 2007, 134 of Qingdao's textile enterprises above Designated Size suffered losses.

In the first two months of this year, clothing exports in the city increased by only 9% over the same period last year.

On the morning of July 13th, reporters in Chengyang district's gold NOK shoe industry Co., Ltd. saw that very large workshops had rarely seen workers entering and leaving. The doorman Cui Hengxian said that since last October, the company has disbanded more than half of the workers, and the existing 4 production lines of the shoe factory currently only leave one in normal production.

Chen, manager of the company's production department, said that due to the reduction of orders and the increase in the cost of employment, the original more than 800 people's production workshop now only leaves more than 300 workers to maintain production.

"But the worry is not the reduction of orders, because the more we produce, the more we lose."

Chen said, so now the company would rather shut down 3 production lines.

According to Liu Zuoxian, executive vice president of Qingdao Leather Association, influenced by the difficulties of foreign trade, nearly 20% of the enterprises close to shutting down are exported. The export processing of shoes itself is a small profit, and the profit of exporting a pair of shoes is only a few cents.

Recently, Zhao Jing, general manager of Qingdao new arts and Crafts Co. Ltd., was busy negotiating with customers, busy with buyers, and busy looking for more than 150 employees.

Her company is an export oriented enterprise specializing in glass simulation.

In the arts and crafts industry, sales are off season from February to June every year, from June to November.

But in July this year, the shadow of the off-season has not disappeared.

Zhao Jing said that compared with previous years, orders for this year have been reduced by more than half, and the export volume has dropped to 1/3.

"We can still support it now. That's fine."

Zhao Jing said that the export profits of the products have already bottomed out.

From last October to now, it is very common for the surrounding enterprises to stop doing business.

New and newly produced handicrafts are mainly exported to Europe and America.

Zhao Jing is now busy rewriting the sales territory of enterprises, expanding the export of enterprises to African countries and Canada.

Export environment is bad, raw material price rises, manpower cost rises.

In the face of the five major difficulties, the foreign trade enterprises in this city face the most serious difficulties in 10 years.

At the beginning of last month, a "China made win world" foreign trade summit forum was held by the joint venture of the Municipal Bureau of foreign trade and economic cooperation, and nearly 200 enterprises poured bitter water: "do not say that there is no order, that is, we do not dare to pick up orders, because the order is not only dry but also deficit."

Since the first quarter of this year, the Municipal Foreign Trade and Economic Cooperation Bureau has conducted research on 130 key export enterprises, and formed an analysis report, which lists the current five difficulties.

According to its statistics, 5663 enterprises were affected by the export tax rebate policy adjustment in July 2007, accounting for 70% of the total export enterprises in the city.

For example, the Qingdao group has a profit of 22 million 180 thousand yuan due to the lower tax rebate rate, which accounts for 13.4% of the total profit.

Because of the appreciation of the renminbi, the loss of the export business of the whole city was about 4 billion yuan.

A sample survey of 33 key enterprises in the city shows that the average export profit margin of enterprises has dropped from 2.58% in January to 0.75% at the end of 2007.

Taking Qingdao King Wang Group as an example, the continued appreciation of the RMB led to a decrease of 9 million 400 thousand yuan, 25 million 500 thousand yuan and 32 million 600 thousand yuan in the three years from 2005 to 2007.

After the implementation of the labor contract law, enterprises should strictly pay employee insurance, resulting in an increase in labor costs.

Taking Qingdao Asian Food Co., Ltd. as an example, the wages and benefits of employees in enterprises rose by 20% in 2007 to 4 million yuan.

In addition, because of the rising prices of various kinds of production materials, the business cost increased by 10% to 30%.

The tight monetary policy has resulted in a reduction of 2 billion 400 million yuan in the city's credit quota.

Under the attack from inside and outside, the foreign trade enterprises of the island city began to actively seek "turning around" with the help of the government, and the export enterprises accelerated the pace of product upgrading.

Phoenix printing and dyeing focuses on creating its own brand, expanding the export of products with good quality and efficiency and its own brand, and enhancing the bargaining power of enterprises in the international market. Its "phoenix" brand has been successfully "Dancing" in the African market; Shandong hareun Investment Group has strengthened the management of enterprise cost and expense and expanded the profit space in the case of declining export of silk products in the international market.

In the interview, the reporter found that RMB appreciation is the biggest uncontrollable factor for export enterprises. In the face of the most troublesome problem, enterprises have to think about "loopholes".

Qingdao Jintai Home Textile Co., Ltd., when signing every order with foreign buyers, will predict the exchange rate in advance according to the time of delivery, and calculate the contract price according to this exchange rate, so as to avoid the loss of foreign exchange losses.

According to the suggestions of foreign trade experts, the heads of several textile enterprises in Jimo said that they should take measures such as exchange rate locking, price locking and other measures to reduce risks and take orders for exports to Europe and the United States, mainly by "small batch" and "rolling".

Reporters learned that the city will also relax and decompress the development of the foreign trade industry from the big environment, helping enterprises to find ways to break through.

At present, the Municipal Foreign Trade and Economic Cooperation Bureau has been coordinating the financial institutions in the city to put more credit funds into the fields of production and trade, increase the development of financing products under trade, and provide multi-channel financing channels for foreign trade enterprises.

In order to alleviate the pressure of capital turnover, recently, the Municipal Foreign Trade and Economic Cooperation Bureau is also preparing to convene the coordination meeting of the export tax rebates of the whole country, such as State Taxation, finance and other departments, so as to actively promote the export tax rebate account mortgage loan business, and alleviate the difficult situation of insufficient liquidity and tight funds for export enterprises, especially small and medium-sized export enterprises.

It is now half a year since the central bank raised interest rates recently.

Faced with high inflation pressure, the people's Bank of China's choice is a matter of concern. Will interest rates be raised?

Public opinions are divergent.

The negative interest rate for 17 consecutive months is one of the main reasons why many experts believe that the central bank should raise interest rates.

From February last year to June this year, China's time deposit rate has been lower than the CPI increase, which makes people's bank deposits relative to the market.