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    Production And Labor Costs Increase, Pressure On Survival Of PRD Footwear Enterprises

    2011/10/26 14:31:00 32

    Shoe Enterprises Operating Raw Material Exchange Rate

    In October 26th, in recent months, Europe and the United States frequently reported bad news.

    exchange rate

    Fluctuations in China

    Raw material

    The rise of the straight line, the rising labor cost, and the tight supply of funds caused by the overall regulation, as well as the power rationing in some parts of the country, did not ease the situation of the textile and footwear enterprises in the Pearl River Delta.


    In recent months, the textile and footwear enterprises in the Pearl River Delta are getting deeper and deeper in the suffering.

    In this round of crisis, small and medium-sized traditional labor intensive textile shoes and garment enterprises bear the brunt.


    The rising cost of production and labor is also a microcosm of the collapse of the textile and footwear enterprises in the Pearl River Delta.


    Dongguan, as the representative of the processing trade economy, is the embodiment of China's processing export

    Economics

    Barometer, the Chinese Ministry of commerce at a press conference predicted that the fourth quarter of 2011 to the first quarter of 2012, China's import and export situation will be quite grim.


    Research Report shows that textile and clothing, footwear, chemical industry and other industry orders are not optimistic.

    Orders are expected to continue to decrease in the second half of the year.


    Furniture manufacturing, shoemaking, textile and garment and other labor-intensive industries and export oriented small businesses are facing difficulties in production and operation, and the risk of bankruptcy is rising.


    In the fourth quarter of 2011, enterprises in the Pearl River Delta generally declined by more than 10%, and in 2012, they dropped by 20% to 30%.

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