Macao Export Reduction Manufacturers Look Forward To Government Support

Xu Weikun, director of the Macao import and Export Chamber of Commerce, said that since the implementation of a number of regulations and measures in mainland China, the cost of the relocation of Macao manufacturers has increased.

At the same time, the EU cancelled the entry of Chinese textile restrictions, and the export value declined in the first quarter under the dual influence.

Macao's industrial space has been narrowing down and manufacturers are moving away from Macao sooner or later. Therefore, in addition to the industry's self-reliance, we hope to get government policy support and adapt to market pformation.

The EU will impose anti-dumping duties on footwear in Macao. Xu Weikun expressed concern about the information. The government also tried to establish a logarithmic mechanism through lawyers to check the value of Macao footwear exports and the value of imports from the EU.

Once the anti-dumping duty is implemented, it will have a great impact on Macao's footwear exports to the European Union.

However, he believes that if the industry operates according to the certificate of origin, it is not a big problem. It is only concerned about the occurrence of irregular situations.

Xu Weikun said that the value of Macao's imports and exports was driven by domestic demand, and imports increased by 13.3% in the first quarter, mainly because of the increase in the number of visitors to Macao. However, the export quota of textile based garments was cancelled after the cancellation of the quota, and the first quarter was 7.1%.

Since 2008, China has implemented a number of new laws and regulations, including the new labor contract law, environmental protection policy, etc., coupled with the appreciation of the renminbi, affecting the production costs of Australia's processing and exporting in China. It is foreseeable that Macao's exports are not optimistic.

In fact, with the increase in costs, some orders have been outflowing, and the value of Guangdong's exports has begun to slow down.

Macao's industrial development space is narrowing down, and the manufacturers will move away sooner or later because everyone can not see the future.

Especially in 2008, the EU lifted the restrictions on China's textile trade, and the United States would cancel it in 2009. The two factors further accelerated the outflow of export orders in Macao, and the situation was not optimistic.