The Era Of Foreign Enterprises Is Still Going On.

According to the data of the General Administration of customs, the total value of imports and exports of China's goods trade was 24 trillion and 590 billion yuan in 2015, down 7% from 2014.

Many of the once famous foreign companies have reduced their business scale in China.

Some experts say that some foreign-funded enterprises are facing adjustment, which is related to the early layout of the surplus industries, and now needs to be pformed from low-end manufacturing to high-end services, from excess industries to new industries.

Li Juan, who graduated in 2017, was intent on entering.

From the beginning of her research, she went to various foreign companies to pay attention to campus recruitment information.

She was full of confidence, and after witnessing the reality that many of the big foreign companies were still reducing their jobs and even did not recruit workers, there was something wrong with it now.

This is also a portrayal of the status quo of some foreign-funded enterprises in China.

Traditional Chinese manufacturing enterprises are facing more pressure on labor cost and material cost. Some watch enterprises and mobile phone companies have closed production bases or factories, such as CITIZEN and NOKIA.

In the field of real business, Baisheng commercial group, known as the first foreign capital store, has closed many stores in China since 2012.

2015~2016 first quarter of fiscal year,

The number of retail outlets in the mainland has decreased by 167.

Same store sales fell 7.8%.

For the current situation faced by enterprises, foreign capital employees feel the most.

Zhou Wei, who works in a CBD foreign company in Chaoyang District, Beijing, told reporters that in the past, his company was a place for people to enter the workplace. Nowadays, not only new recruits are recruited, but also employees are worried about announcing layoffs every time they hear of people coming from overseas headquarters.

Huo Jianguo, President of the international trade and Economic Cooperation Research Institute of the Ministry of Commerce, told reporters that many of the early layout of foreign investment involved in the traditional overcapacity field, resulting in a continuous decline in profit margins.

In some developed countries, preferential policies have been introduced to attract the manufacturing sector to return to the mainland.

"Under the new economic situation, the development mode of foreign investment enterprises must shift from short-term focus to long-term, and technology pfer from simple to high-end."

Wang Ruihua said.

The Ministry of commerce data also showed that in the first half of 2015, the growth of foreign investment in services and high-end manufacturing industries was over 10%.

According to Wang Ruihua, Dean of Central University of Finance and Economics business school, under the new normal economic situation, China's economic structure pformation and upgrading, industrial value chain upgrading and foreign-funded business environment are changing.

With the increase of human cost, rental cost, saturation of market demand and the continuous rise of China's local alternative technology, the competition in the Chinese market is becoming increasingly fierce, and many foreign enterprises are not changing and responding to the Chinese market.

Dixie Jie, executive director of China UK Trade Association, believes that global trade has entered a period of deep adjustment.

The decline in China's performance is not all foreign-funded enterprises, and foreign enterprises that are currently losing profits in China are mainly concentrated in PC enterprises and consumer goods manufacturing industries.

"More and more new areas, including health care, education, professional services, creative industries and other potential growth potential.

For foreign enterprises, the golden age has not ended.

He stressed.