Shuangfeng Economic Development Zone: Export-Oriented Economy Has Great Potential.

Since the beginning of the year,

The development of export-oriented economy in the open area is gratifying.

In 1-3 months, the foreign trade in Shuangfeng's open area increased by 73% compared with the same period last year, and the total import and export volume reached 21 million US dollars.

Changsha customs offices established in Shuangfeng will also be officially unveiled at the end of April.

In the first quarter of this year, Shuangfeng's Taiwan funded enterprises, the Rongcheng footwear industry, produced 1 million 200 thousand pairs of finished shoes, and exported $9 million, an increase of 200% compared with the same period last year. The annual order is expected to be $40 million, and the export of the footwear industry is 4 million 700 thousand US dollars, and the annual order is expected to be 38 million US dollars.

Cross border electricity providers are becoming new export formats.

The state-level e-commerce demonstration enterprise, Zhongnan Shen arrow, cooperates with Alibaba, Taobao and other electronic business platforms. Cross-border electricity providers have been growing steadily, and their products are exported to Russia.

In South Africa, Vietnam, Thailand and other countries and regions, the export of building template exports is 2 million US dollars.

Agricultural machinery, biomedicine and electronics have become the pillar industries for foreign exchange earning, and cross-border electricity business has become a new growth point of foreign trade.

Exports are expected to earn 100 million US dollars in the whole year, leading the development of the whole park.

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Russia's light industrial production costs have been equal to the cost in China, so many Russian light industrial producers have begun to move their production lines back to Russia.

Ye J Tu Hoff, Vice Minister of Russia's Ministry of industry and trade, said in an interview with "news" that Russia's production cost has been flat with China as a whole, and in some cases even cheaper 10-15%.

The newspaper quoted Ye J Tu Hoff as saying: "the main factor is the decline in Russian production costs due to the ruble depreciation.

Labor and indirect spending have become much cheaper than the cost of production in our neighbours. "

According to him, the wages of Chinese textile mill workers have increased two times over the past ten years, and have reached the income of workers in Russia.

Another factor, Ye J Tu Hoff argues, is that countries with low manufacturing costs have begun to break away from cheap technology, and the price of productive forces has risen, so the prices of products are also rising.

Ely Daroff, chairman of the Russian textile association, told the press: "Russia's production costs have been flat with China."

He also said that in some cases it might be 10% cheaper.

So foreign and Russian retailers began to shift their production lines from China to Russia.

According to the news, Pite Mars Kaya, vice president of Rozteh, a Russian lingerie retailer, said the company is preparing to double production in Russia to 8 million pieces a year.

Previously, the company mainly ordered products from China and the Baltic States.

Akiba Love, the representative of Sportmaster, told the press: "local production has become more interesting and price competitive."

The company now produces 15% of its clothing and shoes in Russia.

But some Russian textile representatives did not plan to move the production line back to China.

Retailers pointed out that local production risks include Russia's lack of raw materials.