Consumption In Europe And The United States Is &Nbsp, And Foreign Shoe Companies Are Struggling.
After years of rapid development, Dongguan has gained too much glory.
Today, however, it faces severe challenges.
Recently, the reporter went deep into the Dongguan area to carry out field investigation, and the size of many households.
Shoe enterprises
After the interview, it was found that the production and operation situation of local enterprises is not optimistic.
market
The global financial tsunami caused by the subprime mortgage crisis in the United States is in the doldrums.
footwear industry
The impact has not yet disappeared.
The continued downturn in consumption in Europe and the United States and the decline in orders have caused heavy losses to our exports, and the overall economic situation is not optimistic.
Li, general manager of a shoe enterprise in Dongguan, told reporters that the company's products are mainly exported to the European market.
"As far as I know, the shoe-making enterprises in the coastal areas are having a bad time.
If compared with last year, sales will be reduced by at least half this year. "
In July this year, the Korean enterprise Dongguan Chemical toys factory closed down.
A month ago, another garment factory in Dongguan also encountered the same fate.
Due to the sudden closure of Su Yi toy factory and Ding Jia textile mill, the society began to worry about Dongguan slipping into the economic cold winter again for four times.
"Dongguan is heading for the two crisis?" "Dongguan is facing second business failures." for this reason, a number of relevant departments of the Dongguan government have clarified on different occasions, and Dongguan shoe enterprises have not experienced a collapse.
After three months, in early November, Taiwan Dongguan Baocheng group, which owns the "manufacturing Foxconn", became a storm in the Yujiang shoemaking factory.
Eighteen middle-level cadres who have worked for the company for more than ten years have been laid off.
The reason for the layoffs is "shrinking orders and serious difficulties in production and operation".
Official trade figures show that China's exports increased by 13.8% over the same period in November, the lowest level since February this year.
The weakness of external demand directly led China's export growth in November to a 9 month low.
The China logistics and purchasing Federation released data in December 1st. In November, China's Manufacturing Purchasing Managers Index (PMI) 49%, down by 1.4 percentage points, was the first decline in PMI index to 50% in 33 months.
Judging from the 11 sub indices, the new order index and the new export orders index have fallen considerably, exceeding 2 percentage points, all down to 50%.
Cai Jin, vice president of China logistics and purchasing Federation, thinks that the new export orders index is the largest in all indices, which indicates that the weakening international economic situation may have a great impact on China's export demand in the future.
The reporter has learned that PMI is one of the leading indicators of Macroeconomic in the world. According to the international prevailing standards, it usually takes 50% as the dividing point of economic strength and whether PMI is below 50% indicates whether China's manufacturing economy is in the turning point of recession. For this reason, Cai Jin said that the economic situation does not mean that the Chinese economy has turned to an inflection point, because China's economy has maintained steady growth in a steady fall.
Judging by various factors, it is expected that the economic growth rate will still be stable in the future, and the risk of bigger fluctuations is not great.
Zhang Liqun, a researcher with the Department of macroeconomic research of the development research center of the State Council, believes that domestic investment growth is still at a relatively high level, and consumption growth has been steadily improved.
Li Gang, a research fellow at the Ministry of Commerce and a major issue of the Ministry of Commerce, "the development strategy of China's foreign trade in the post crisis era", said that the growth rate of China's exports could drop to a single digit in 2012. The export growth rate is expected to be 1 to 2 percentage points higher than that of GDP.
- Related reading

The Price Of Counterfeit Goods Is 10 Times The &Nbsp Of The Price Of The Fake Goods.
|UGG Official Network Full Of &Nbsp; Trademark Holder Poked The Mystery: E-Commerce Has Not Entered China
|- Investment leisure | Shenzhen Organized The "Cultural Exhibition Of Foreign Youth Workers" Activities
- Shoe Market | Invigilator Can Not Wear High Heels &Nbsp; Taizhou College Entrance Examination Preparations For "Meticulous".
- international news | Taiwan Is Not In A Hurry To Sign The ECFA Agreement With The Mainland.
- Market trend | Can 1 Million 100 Thousand Tons Of Lint On The Market Be Solved In The Near Future?
- international news | South Africa World Cup Marketing &Nbsp; ADI And Nike Cruel PK
- Fashion Bulletin | Figure: Italy Shoe Industry Jointly Held The Latest Shoe Show
- News and information | Hezhou University Held A Creative Green Clothing Contest In Guangxi
- economic policy | Affordable Housing "Military Order" &Nbsp, Boosting Economic Growth
- Celebrity endorsement | &Nbsp, A Pregnant Woman, Looking For New Business Opportunities.
- Investment leisure | Huanghe Science And Technology College Holds Green Costume Design Competition
- UGG Snow Boots Trademark Dispute &Nbsp; Different Court Decisions Vary
- At The Crossroads, Shoe Companies Are A Bit Cold In Winter.
- "Qianshan Twilight", "Little Fat Rabbit" Ying Er'S Fashion Portrait &Nbsp; Pformed Into A Retro Modern Girl.
- China'S Fashion Trend &Nbsp; Y Generation Has Arrived.
- BELLE Water Test Clothing Business &Nbsp; Learn From The Footwear Operation Mode.
- Civil Servants' Wages Are 6 Times The Minimum Wage &Nbsp And 98 Times Of State-Owned Enterprises Executives, The Report Said.
- Brand Trademark Shoes And Clothing Business Output Accounts For More Than 60% Of Shishi GDP
- 2011 Hainan'S "Winter Fair" Shows A New &Nbsp, Showing The Characteristics Of Technology And Leisure.
- Employee Wage Climbs Or Not Affect The Rise Of Christmas Consumer Goods
- 第二屆南京國際珠寶首飾博覽會昨開幕