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    Canton Fair Footwear Exports Are Not Optimistic.

    2008/4/21 0:00:00 10493

    Canton Fair

    To learn about other aspects of the Canton Fair, on the first two days of the opening ceremony, Guangdong's exhibitors exported $1 billion 720 million, an increase of 8.2% over the same period last year.

    Compared with previous years, footwear exhibitors this year indicated greater export pressure.

    Reporters saw in the museum that many footwear vendors were scarce, exhibitors told reporters that this year, in addition to anti-dumping, they are also facing many pressures, such as raw material prices, workers' salaries, export rebates and so on.

    Exhibitors said, "there are fewer European Union (merchants), but there are more in Africa and the Middle East, but the list of these guests is hard to do, and the unit price can not be up, and the quantity is very small."

    In fact, since October 7, 2006, the EU has taken anti-dumping measures against China's leather shoes. Our country has been charged a maximum tax rate of 16.5%, which is valid for 2 years.

    Affected by this, in 2007, China exported 180 million pairs of leather shoes to the EU, down 8.9%.

    Coupled with the RMB appreciation, labor costs and other factors, the overall cost of China's shoe enterprises increased by 10% to 20%.

    Last month, the EU called for an extension of the anti-dumping period, which has cast a shadow over the prospects of shoe manufacturers mainly exporting to the EU.

    Yan Dong said: "the appreciation of the Renminbi for the US dollar is actually devaluing for the euro. Guangdong shoe industry still has price advantage, but many enterprises have expressed the hope that the state will make legal aid against the EU anti-dumping investigation."

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