The Advantage Of "Made In China" Is Still There. There Is No Need To Worry About "Flying Southeast Of Orders".

The East China Import and Export Fair, which has just concluded, and China's February foreign trade data show that the rising labor costs and RMB exchange rate volatility have caused China to lose some market share in labor-intensive products, especially the "a target=" _blank "href=" http://www.91se91.com/ "textile" /a "products.

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In February, China's exports declined sharply, and the trade deficit in the single month was US $22 billion 990 million. P

Zhu Haibin, chief economist of JP Morgan, believes that the February data are seriously distorted by the holiday effect, and the export figures for March are expected to rebound significantly.

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Bai Ming, deputy director of the International Market Research Institute of China's Ministry of Commerce and international trade and economic cooperation, pointed out that the "departure" of orders is also a major factor that has dragged down exports in February. < p >

"In recent years, in view of the higher manufacturing costs in China, most of the foreign investment is manufacturing, and some orders have been shunted."

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< p > the feedback from some enterprises also shows that with the increase of labor costs, the increase of raw materials and land prices, and the appreciation of RMB, many investors will turn their attention to Southeast Asia with lower labor cost. The trend of "Flying Southeast of orders" is particularly evident in the textile field.

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Less than P, sainty group has many years of undertaking the big business of Korean clothing and love group and Japan UNIQLO.

Xu Tao, manager of the company's business development department, told reporters: "the above two major a target=" _blank "href=" http://www.91se91.com/ "> clothing" /a "brand is gradually pferring some of the orders to Southeast Asia, where the wages of workers are much lower than in China.

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< p > however, DBS Bank senior economist Liang Zhaoji believes that although the Southeast Asian countries have cost advantages, their supply chain is not fully mature, and inevitably will generate additional pportation costs for pporting raw materials and semi-finished products from China to these countries.

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In addition, the security and stability of Bangladesh and Kampuchea also discourages investors from investing in P.

"These countries are underdeveloped in terms of hardware and software.

Multinationals have to reconsider their expansion plans in these areas. "

Lu Mingli, an economist at DBS bank, admitted that "the argument that Bangladesh and Kampuchea will replace the" made in China "is far fetched.

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Vietnam has more potential than P.

Unlike Bangladesh and Kampuchea, which focus on low value-added manufacturing, Vietnam has gradually increased its share in high-tech manufacturing.

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< p > because of the increase in labor costs in China, foreign investors are adopting the strategy of "China plus one" to diversify the production base of their products.

For example, Intel set up a $10 million chip and pipeline facility in Vietnam in 2010, the largest production base of the company at that time.

Samsung, LG and NOKIA have also set up manufacturing bases in Vietnam.

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P, Vietnam is one of the members of the p Pacific Partnership Agreement.

Lu Mingli said that once the agreement is reached, Vietnam will make a lot of profits on Tariffs and preferential treatment, or urge some Chinese manufacturers to consider moving to Vietnam to catch potential opportunities there.

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The positive aspect of P is that, in the face of external competition, China's manufacturing industry is no longer restricted to low value-added products.

China is gaining higher market share in the manufacture of electronic products, advanced technology and medium technology parts.

At present, machinery and equipment is the largest category of Chinese manufactured goods to the United States.

On the whole, China's exports have increased from the level of capital concentration and technological complexity.

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< p > Shanghai Kang Bai environmental protection science and Technology Co., Ltd. is mainly exported to high-strength crop synthetic plate equipment. The company has two famous international brands and four international patents, and has become an international leader in the subdivision industry.

Liu Guojian, general manager of the company, told reporters: "a few years ago, the company purchased technology from the United Kingdom, and introduced the domestic R & D and pformation to reduce the cost of the whole set by half, so the market demand is very large."

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< p > "low added value < a href=" http://www.91se91.com/news/index_c.asp > manufacturing ratio < /a > gradual decline is the natural result of the development of comparative advantage. China has increased the added value of the senior industrial chain before its neighboring countries are squeezed into low value-added market, which is encouraging. "

Liang Zhaoji believes that "the adjustment process of industrial structure will continue for a period of time, and China's manufacturing industry will continue to develop."

The threat posed by the so-called emerging market competitors is largely exaggerated.

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