The Three Phase Of The Canton Fair Opens &Nbsp; Chinese Exporters Complain About The Three Mountains On Top.

The 108th session that is shrouded in RMB exchange rate fluctuation

The third phase of the Canton Fair will be concluded from the 31 day to the end of November 4th. There will be 17 exhibition areas, including 5 categories of textile and clothing, footwear, office, luggage and leisure products, medicine and health care, food and special products.

The export growth of Guangdong enterprises, which accounted for a considerable proportion of China's clothing (9.32, -0.20, -2.10%) textile exports, increased significantly in the first three quarters of this year, and the growth of exports to the EU and the United States was 30%.

However, Guangdong's exhibitors are not optimistic about the current deal.

Exhibitors said that the export rebound in Europe and the US market was mainly caused by the replenishment of stocks by European and American enterprises, which is a short-term behavior. There is still a lack of support for consumers' purchasing power recovery.

A clothing company in Shenzhen said that enterprises are already in a difficult position on the top of the mountain.

The first big mountain is the recent heated exchange rate fluctuation.

The second mountains are rising prices of raw materials.

The third largest mountain is an endless stream of international trade barriers.

The head of the company said that the profits of garment enterprises were very low, only between 3% and 5%, and the appreciation of the renminbi would cause most SMEs to have no profit.

Because of the fierce competition, textile and garment enterprises are hard to pfer them to consumers in the face of the rising price of raw materials, thus reducing the profits of enterprises.

Textile enterprises from Chongqing said the price of cotton reached a new high in the last few days, up more than 80% compared with the same period last year. Some high quality cotton yarn has risen to 48000 yuan a ton, and the space of textile enterprises to compress costs by their own ability has been very limited.

Under such circumstances, the fluctuation of exchange rate is undoubtedly worse. It is estimated that many enterprises will suffer serious losses or even go bankrupt.

Exhibitors in the food industry are also feeling the pressure on the rise of raw materials.

According to Xie Wanxiang, general manager of Fujian good days food company, who participated in the Canton Fair for many years, the price of ginger was low and a few yuan a catty less than one yuan a few years ago.

Therefore, since last year, the planting area of ginger has shrunk.

This year, the price of ginger has gone up several times. If the product does not raise substantially, the enterprise must lose money.

It is a dilemma to raise prices and worry that the market will not accept them.

In addition, the upgrading of trade barriers has also increased the difficulty of export.

It is understood that this year, Argentina anti-dumping investigations on Chinese suits, suits and other products, the United States on Chinese gift boxes and ribbons impose a high anti-dumping duty.

As a labor-intensive industry vulnerable to trade protectionism, textile, clothing, shoes, bags and other industries have been subject to further shocks from Global trade protectionism.

It is reported that the third new import exhibition area will display 6 kinds of products, such as consumer goods, ornaments and gifts, food and agricultural products (22.67,0.77,3.52%), medical equipment and health care products, personal care products, textiles and clothing, footwear and so on.

A total of 234 booths were set up, and 172 enterprises from 26 countries and regions participated in the exhibition.