China'S Leather Industry Is Ready For Pformation.

Some economists believe that the current global financial crisis is not smooth, leading to a worsening of the European debt crisis. The global economy is in a state of weariness and exhaustion.

It is greatly eroding.

The reporter learned a group of reports on leather performance. The report pointed out that in the first half of this year, the export value of China's leather industry above designated size was 33 billion 461 million US dollars, an increase of 9.1% over the same period last year, and the growth rate dropped 18.74 percentage points. The import value was 3 billion 760 million US dollars, up 9.3% over the same period last year, and the growth rate dropped 10.94 percentage points. The surplus reached 29 billion 702 million US dollars, up 9.05% over the same period.

This set of data shows that the import and export growth rate of China's leather industry has dropped to below 10%, and bid farewell to the double digit era.

Under such circumstances, the domestic leather industry is in urgent need of finding a way out.

Enterprises entered the pition period.

It is understood that after thirty years of unremitting efforts in leather industry in China, leather enterprises have been pformed into an indisputable fact. This pformation should conform to the development of leather enterprises, and the whole export has a recovery trend, and it is a fast growing trend.

The contradiction between the rigid growth of resources and energy demand and the limited supply will drive prices of resources, energy and other production factors to continue to rise.

The pressure of RMB appreciation will also continue to increase.

However, from a longer period of time, such as the second half of this year, the impact of the European debt crisis will gradually emerge.

We must conform to the trend of the times.

"At the same time, leather enterprises should anticipate the cost calculation during the pformation period and how to improve them.

From the point of view of market, exporting is not as good as exporting, which can stimulate domestic demand and restore economic growth.

Under the gloomy economic prospect of European countries, countries have begun to gradually implement structural reforms to stimulate economic growth.

The European debt crisis has shifted the attention of the international market to Europe. The market has eased the expectation of RMB appreciation and reduced the appreciation pressure of RMB against the US dollar, which is beneficial to China's exports.

It can also stimulate domestic economic growth.

Long Changwei further expounded his views on this.