China'S Export Growth Is Slowing, And The Turning Point Of Foreign Trade May Have Appeared.

Faced with heavy pressure, some foreign trade enterprises can not withstand pressure and shut down.

However, some enterprises are looking for various ways, such as raising the price or changing the way of settlement.

As a Chinese brand household appliance enterprise, MeiLing is now striving to strengthen technological innovation, launch a series of high-end products for overseas markets, and enhance bargaining power of enterprises through improving product value-added.

Li Daijiang, vice president of MeiLing Limited by Share Ltd, Hefei: the product will also increase the price compared with the same period last year, because the cost is rising, and the RMB is also appreciating. It is sure that foreign businessmen must digest some of them. We raise the price from 20% to 30%.

At the same time, MeiLing also negotiated with foreign customers to reduce the use of US dollars to settle accounts. Most other currencies such as sterling, euro and yen were used to settle accounts. At present, the settlement ratio of these currencies has reached 30%.

After many efforts, after the downturn in export growth of 17% in the first four months of this year, MeiLing's export volume increased by 30% in May.

To coincide with this, some garment enterprises in Guangdong also adopted some export measures to avoid the risk of the US dollar exchange rate.

Yao Ying, chairman of Foshan Jiali Textile Dyeing Co., Ltd.: we can use US dollars instead of US dollars to go to Japan and go to Europe to settle the goods in euros. The euro is basically 1.52 at a fixed exchange rate, unchanged within one year, and adjusted again after a year.