Shandong Enterprises Stare At Market Opportunities After Japan'S Earthquake

Professor Kong Qingfeng, School of economics, Shandong University, said: "the impact of Japan's strong earthquake on Shandong enterprises is limited, and the market vacuum period after the closure of many industries in Japan, as well as the huge domestic demand formed during the reconstruction of Japan, deserves our enterprises to seriously study and grasp."

In the interview with reporters, the person in charge of Ji'nan crown and suit Co. Ltd. said that its partners were not in the worst hit areas such as Nagoya and Osaka, so the enterprises were not only affected but there were still signs of increasing orders.

He told reporters, "the original orders are scheduled for one quarter according to the plan, but now they have to wait for two quarters. That is to say, the orders for customers in the next quarter have been booked."

Agricultural products are no exception.

Cao Menghui, executive director of Ji'nan Yi Pin agricultural group, analyzed that in the long run, as the northeast part of Japan's land of fish and rice, the tsunami resulted in seawater intrusion. The salinization treatment of the soil is expected to take at least 5 years. This also means that China's agricultural products will usher in a round of export opportunities in the next 5 to 8 years.

Deputy general manager of Qingdao Matsushita Electronics Products Co., Ltd., also optimistic about the opportunities after the earthquake.

He told reporters that at present, a currency recognition device produced by the company is widely used in vending machines in all parts of Japan.

In the past two days, many Japanese vending machines have been hit hard by communicating with Japan.

"It is anticipated that the order for this part of the product will increase."

However, "cake" is not so easy to eat.

Kong Qingfeng believes that agricultural products, textiles, iron and steel, cement and building materials industry, as a traditional dominant industry in Shandong, will usher in a new market opportunity during the post disaster reconstruction in Japan. But over the years, the "cool politics" and the continuous improvement between Japan and ASEAN countries will not exclude the possibility of Japan's active pfer of market share to ASEAN countries.

In addition, many enterprises, as part of the Japanese industrial chain, will also be restricted in the short-term expansion of production capacity.

Deputy general manager of Qingdao Matsushita Electronics Products Co., Ltd. told reporters that the raw materials such as copper, steel, LED, LCD and other raw materials used by their enterprises should be imported from Japan. However, some suppliers have stopped production or limited production due to the earthquake, which is bound to have a certain impact on the supply cycle.

When it comes to looking for alternatives, he said, "substitute products are not a problem that can be solved in three days and two days. And the price, quality and customer acceptance of alternatives are all problems that can not be ignored."

It is possible to seize the market by giving full play to advantages and taking the initiative to attack.

The advantage of our province is very outstanding, for example, compared with ASEAN countries, we are close to Japan's geography and have cost advantages in ocean shipping. Besides, the talent superiority of our province can not be underestimated.