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    Chengdu Shoe Enterprises Should Appreciate The Brand "Assembly Number".

    2011/10/26 9:01:00 29

    Chengdu Shoe Enterprises Revaluation Brand "Assembly Number"

    Raw materials and labor costs have risen sharply, and this year has continued.

    appreciation

    Sichuan's foreign trade enterprises are under tremendous pressure.


    Export of labour intensive commodities declined


    In October 24th, the latest data of Sichuan Provincial Department of Commerce showed that in the first three quarters, the import and export, export and import volume of our province exceeded the level of last year, and the increase was 16.4, 21.5 and 10 percentage points higher than that of the whole country.

    However, under the overall upward trend, there are many labor-intensive commodities.

    Exit

    There has been a sharp decline.

    Among them, clothing fell by 38.4% over the same period last year.

    "RMB appreciation has great impact on the export of labor-intensive goods in our province, but it is also an opportunity."

    The director of the foreign trade department of the Provincial Department of Commerce, for example, said, "under the background of RMB appreciation and compressing the profits of enterprises, only by adjusting the product structure, increasing the added value of products and brand value can enterprises survive and develop, especially the labor-intensive enterprises."


    Chengdu shoe enterprises begin to reflect


    As the responsible person of the Provincial Department of Commerce said, under the great pressure of RMB appreciation, Chengdu has many

    footwear industry

    Also began to reflect constantly.

    A manufacturer mainly engaged in border trade women's shoes revealed that the original profits were not high, which was reduced to below 3% because of the continuous appreciation of the renminbi. "Before it was mainly settled in US dollars, at the beginning of this year, we had settled in Renminbi, and settled according to the exchange rate on the date of signing the contract.

    But this also greatly reduces the order quantity.


    It is reported that, in addition, many Chengdu shoe enterprises have agreed on the forward exchange rate with their clients to reduce the pressure brought by the appreciation of the renminbi.

    "But these are not permanent solutions. We are now considering how to start the brand and increase the added value of the product."

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