Foreign Trade Enterprises Should Be Vigilant Against The Impact Of Imported Inflation.

Yesterday morning, the foreign trade situation forum of the Ministry of Commerce was held in the conference room of Pazhou Exhibition Hall.

Chen Deming, Vice Minister of Commerce, Yi Xiao Jun, and the principal responsible persons of the provincial and municipal commercial departments in Xiamen, Jiangsu, Sichuan, Liaoning, Guangdong and Ningbo, and 8 representatives of import and export enterprises attended the meeting.

In Guangdong Province, Liu Xiaojie, Deputy Secretary General of the provincial government and Zheng Jianrong, deputy director of the Guangdong provincial foreign trade and Economic Cooperation Department, are mainly in shipbuilding, green energy, household appliances, textile and clothing, food, medicine, and shoes.

Almost every Canton Fair,

Just a few days ago, Premier Wen Jiabao held a seminar on the economic situation of five provinces in Liaoning, Zhejiang, Hubei, Guangdong and Sichuan in Wuhan, Hubei.

One of the background of intensive research at the central high level is the coming of the national "12th Five-Year plan".

Next year is the opening year of the 12th Five-Year plan. At present, all countries in the world are facing an important role in coping with the international financial crisis.

The possibility of a "two bottom" in the world economy is less likely.

Yesterday afternoon, Chen Deming visited the Canton Fair and accepted the Nanfang Daily's interview.

Chen Deming said that from the Canton Fair, the second phase is coming to an end. The current turnover has exceeded 25 billion US dollars, which has increased by 11% compared with the previous one, but the number of customers has decreased by 3%.

The volume and volume of the participating enterprises generally increased by more than 10%, but considering the labor cost and exchange rate change factors, trade is still more cautious.

Chen Deming stressed: "this also shows that the world economy is recovering, and the possibility of so-called" two bottom finding "is relatively small, but the recovery is slower, and there may be a long, complex and fragile process, full of uncertainty.

It is worth noting that a number of key foreign trade provinces and cities have predicted that the growth of external demand in the first half of 2011 will obviously slow down. It is difficult to reproduce the trend of rapid growth this year. Not only that, trade protectionism is increasing, but also has the trend of spreading to new industries and high-tech products.

The total import and export volume of Guangdong accounts for about 1/4 of the whole country. According to the latest questionnaire survey of 235 representative enterprises in Guangdong Province, 79.6% of the enterprises indicated that hand orders increased in the fourth quarter compared with the same period last year.

Among them, enterprises whose orders grew by more than 20% accounted for 41.3%, and the enterprises whose orders grew by 10% to 20% accounted for 25.1%, while those whose orders grew 10% or less accounted for 13.2%. Only 17% of the enterprises' orders declined compared with the same period last year.

However, Zheng Jianrong, deputy director of the Department of foreign trade and economic cooperation, said that although the development environment of foreign trade and economic cooperation has improved.

But in the coming period, foreign trade and economic development will also face many uncertain and unstable factors, and the situation is still not optimistic.

As one of the largest textile enterprises in China, Shanghai silk group also confirms the universality of this situation.

Xu Weimin, chairman of Shanghai Silk Group Co, said that due to the warmer demand in the international market, the number of orders for some major customers increased by 20%-30%, and prices also rose.

However, influenced by factors such as the RMB exchange rate, labor costs and rising raw material prices, enterprises can only pass the cost pressure by enhancing the competitiveness of the industry.

The RMB exchange rate should maintain predictable stability.

The issue of RMB exchange rate is a topic that foreign trade enterprises can not avoid at present. A number of key import and export provinces and cities have listed the issue of RMB exchange rate as the top concern.

In recent years, the continued appreciation of the RMB exchange rate has caused greater pressure on the export of foreign trade enterprises. At the same time, the instability and volatility risks of exchange rate have also increased the business activities of enterprises.

According to calculation, as of October 22nd, the RMB has appreciated 2.5% against the US dollar, which has further reduced the export profit of the original meager Chinese enterprises.

Zhu Min, director of the Jiangsu Provincial Department of foreign trade and economic cooperation, said that according to its investigation, some enterprises were losing orders in hand at the Canton Fair.

Some foreign buyers are also in a wait-and-see state.

According to the summary of the financial data collected by 80 key export enterprises (35.6% of the total exports of Xiamen's foreign trade and Economic Cooperation Bureau), the sales revenue of Xiamen enterprises increased by 29% over the same period last year, but the gross profit margin was only 9.2%, and the profit level was 3.1 percentage points lower than that of last year.

Moreover, some industries are even at the edge of losses. For example, the profit margin of agricultural exports is only 1-2%, clothing is about 2%, Electromechanical is about 3%, light industrial products are slightly higher, about 5-6%.

Zheng Jianrong, deputy director of the Department of foreign trade and economic cooperation, also suggested that the stability and continuity of the state's foreign trade and economic policies should be maintained.

He said: "especially at present, the pressure of RMB appreciation is still huge. It is difficult for enterprises to judge future exchange rate movements, and there is also a lack of risk avoidance mechanism.

We request the state to maintain the relative stability of the RMB exchange rate reform policy and guide enterprises to anticipate the RMB exchange rate.

Xu Weimin said that the product of the company was exported to the US 40%, and its stable exchange rate had a significant impact on its quotations.

But he also suggested that the appreciation of the RMB exchange rate can be accepted in a small way, and the key is to be predictable.

"3 points or 5 points, if I can maintain a predictable stability, I think it is acceptable. After all, the survival of the fittest is the market criterion."

Xu Weimin said that although China has the absolute advantage of technology and quality in the textile industry at present, it can not be replaced by other countries for the time being. But in view of the continuous increase in China's production costs, if the quotation increases by 20%, the customers will definitely not be able to accept it.

The rise of international commodity prices has become a new shock.

This year, the rapid rise of raw material prices is also one of the unavoidable factors for foreign trade enterprises.

The investigation of Guangdong provincial foreign trade and Economic Cooperation Bureau shows that due to the shortage of labor and the minimum wage standard in all cities of our province, the labor cost has generally increased by 20% this year. More than 60% of the enterprises expect the salary will rise in the year. At the same time, the purchasing cost of raw materials has generally increased by about 10%, and the prices of raw materials such as steel, copper, plastic, cotton and so on have increased by more than 20%.

Take Galanz, a famous household electrical appliance company as an example. Since the 3-4 quarter of last year, the price of raw materials has increased by 20%, labor wages have risen by 35%, and shipping and logistics costs have increased.

Guangdong is not a special case.

A statistical survey of 113 key business associations of Ministry of Commerce in Jiangsu revealed that the cost of raw materials increased rapidly and eroded the profits of enterprises. Over the past year, more than 70% of the enterprises in the province have increased their operating costs, more than 60% of their labor force prices have increased, and the average labor cost of enterprises has increased by more than 15%.

But in an interview with reporters, Chen Deming pointed out that China's foreign trade still faces major problems such as "currency out of control" in the US currency issue and the sharp rise in global commodity prices.

"From the current situation, enterprises have made advance consideration and preparation for factors such as exchange rate changes and labor price rise."

Chen Deming said, "however, because of the uncontrolled issuance of the US dollar and the continuous rise in international commodity prices, it is bringing the imported inflation" shock "to China. The uncertainty caused by the current problem is causing greater difficulties for enterprises.

But Chen Deming stressed that Chinese enterprises are also actively considering these factors, believing that China's exports will continue to grow steadily next year, and imports will also increase substantially.

Chen Deming also said that during the "12th Five-Year" period, the focus of China's foreign trade development mode was to pform its structure, quality, technology and standards. At the same time, the Ministry of Commerce will also help foreign trade enterprises enter the domestic market step by step.