Analysis Of How RMB Appreciation Affects Foreign Trade Shoes And Clothing Export

"

Among many export enterprises, low value-added exports

"Because of the appreciation of the renminbi, it only evaporated 10 thousand dollars in just 10 days."

For years

Had to reluctantly give up long Dan Dadan

"The original offer to European and American businessmen is adjusted once every three months, and now it has to be changed on a Monday."

But even so, it is difficult to avoid the risk of cost factors.

A large number of Japanese merchants gathered in China before and after the lunar new year. Last year, he had tens of thousands of orders in the new year. Because of the increase in labor and raw material costs, the factory suddenly asked for an increase in price. Before and after ten or twenty days, it lost tens of thousands of yuan.

According to the latest survey report of the 110th Canton Fair by the Municipal Bureau of Commerce, the number of exhibitors in hand recently was basically the same as that of the previous session, which accounted for 35% of the increase in the same period last year, 40% of the fair share, and 25% of the enterprises.

In the declining enterprises, SMEs accounted for more than 90%.

Most of the orders for traditional products such as textiles, clothing and shoes are in the first quarter of next year.

Due to fluctuations in the RMB exchange rate, domestic raw material prices, labor costs and other factors, many enterprises can only shorten the quotation time to receive a short list.

According to the survey report, the orders for the exhibitors were 55% less than 3 months, and only 10% for the 6 months or more.

In the face of increasingly compressed profit margins and sluggish international markets, many foreign trade enterprises are also making constant efforts to innovate.

"With the appreciation of the renminbi and the increase in labor and raw material costs, the road of labor-intensive enterprises with low added value will become narrower."

Li Qiang, who studied foreign trade, clearly saw this.

This year, Li Qiang handled business visas, from one or two to three or four times a year, "according to customer requirements, we need to strengthen new product development, do service to the door and do things in place. When customers have orders, they will naturally think of you."