The Export Of Labor Intensive Industries Is Down More Than Expected, Requiring Employment Pressure.

In 2009, although China's overall exports fell by 16%, the export of major labour intensive products decreased by a year earlier than that of the same period.

Take textile exports as an example. In December, textile exports increased by 25.2%.

During the year, textile exports fell by 9.9%, far below the average level of 16%.

In order to keep

Export competitiveness, in the 2009 export commodities, China has adjusted the export tax rebate rate for 7 consecutive times since August 2008, involving a total export of 676 billion 20 million US dollars.

By 2015, the export value of traditional labour intensive products had dropped by 1.7%.

Annual

Exports are also on the negative side.

Correspondingly, the import and export of foreign invested enterprises and processing trade decreased by 6.5% and 10.6% respectively.

Because China's processing trade comes mostly from foreign-funded enterprises, in the stock market,

A considerable part of China is also engaged in processing trade. These two data also match the export decline of labor-intensive industries.

According to the data of China Light Industry Import and Export Association, in 2020, Nike shoes factory will be pferred from China to Vietnam.

In 2000, 80% of Nike's processing plants in China, only 13% in Vietnam, and by 2013, the proportion of Vietnam has risen to 43%.

This is also our reporter's experience of many years of field interviews with foreign trade enterprises. The pfer of labor-intensive enterprises from mainland China to the low cost labor force in surrounding areas, such as Vietnam, is already the trend of the times.

With the outflow of these foreign capital, some domestic factory workers may face unemployment.

Zhou Shijian, a senior researcher at the Sino US relations research center of Tsinghua University, was responsible for related affairs in the Ministry of Commerce. He pointed out that for many years, the Ministry of commerce only counted the newly established foreign-invested enterprises, but failed to cover the amount of divestment or departure.

He believes that the employment problem that may be caused by the labor intensive foreign investment withdrawal is a matter of concern.

India is the focus of next year's game.

The demographic dividend in this market is beginning to show, and the economic growth is accelerating.

Data show that in the fourth quarter of 2014, 21 million 600 thousand smart phones were sold in the India market, up 90% from the same period last year, and about 65% of smart phones were priced at less than 200 dollars.

Take the most striking millet as an example. In April 2015, Xiaomi launched the first mobile phone for overseas consumers in India, saying it became the largest mobile phone producer in India in 3~5.

Although it soon encountered allegations of patent infringement by Ericsson, some industries still took root in India through consultation.