The Canton Fair Has Made Chinese Exporters Worried.
In Guangzhou's two annual CAnton Fair, more than a dozen executives interviewed warned of tough trade conditions, especially in Europe.
Some of them said they had seen a slight increase in demand in the US this year, but that was not enough to offset the weakness in other regions.
It brings together buyers from all over the world and hundreds of thousands of manufacturers from buttons, zippers to food and electronic products. The Canton Fair is a barometer of global demand and important manufacturing conditions in China.
The 3 week Canton Fair closed on Thursday, with more than 185 thousand overseas purchasers, representing less than 1% of last year's Spring Fair.
Turnover also rose slightly to $28 billion.
Xu Bing, deputy director of the China Foreign Trade Center, said that although maintaining stability, the global demand outlook is still "weak", and Chinese factories are facing "uncertain and unstable" future.
Executives say sportswear and sports equipment are still relatively good because many countries are paying more and more attention to health and fitness.
Leila Ma said: "people have cut down the cost of pullovers, but are still willing to spend a lot of money on Nike shoes (Nike)."
Lin Hongbing, a boss of a backpacker factory in Fujian, uses this trend to introduce a series of waterproof packages for jogging, hiking and camping.
Hong Ying Lin
In Europe, especially in the US, the sales of her Osah knapsack are increasing by more than 35% (although the base is small).
Chinese exporters say they still face pressure to get contracts by cutting prices and lowering the size of the smallest orders.
Last year, Xiang Xing Fujian luggage group (Xiangxing) will
Business Backpack
The wholesale price dropped from $10 to US $7, but it is still difficult to obtain large orders.
"Our minimum order size is 500, but for fear of the current situation, potential customers only want to buy 100 or 200," said Lin Dan, a salesperson of Xiang Xing bag and suitcase. "It makes it difficult for us to take orders, because we are doing the scale business."
It is also difficult for garment manufacturers such as Orient International.
Orient International supplies Zara, H&, M (Hennes & Mauritz) and other international brands.
Leila Ma, the sales director of the Shanghai company, said H& and M's profit decline were a bad sign for the industry as a whole.
"Everyone will be affected even when a big ship begins to sink slowly," she said.
Some very cheap brands, such as Primark, are still in good condition, but their prices are so low that it is difficult for us to make money for them. "
However, there are still some bright spots in the gloom.
- Related reading

2016 China Textile Innovation Annual Meeting, Keqiao Summit Opens The New Journey Of 13Th Five-Year.
|
The Eighty-Fifth International Wool Textile Conference Is Concerned About Reform And Innovation.
|- Fashion character | Su Hong, The Hottest Woman In The Fashion Circle
- Fashion item | Essential Hollow Elements To Create Fresh And Perfect Life
- Show show | Paris Fashion Week Dior Fashion Show Interpretation Of The Essence Of Freedom
- News Republic | 李彥入選“河南十大服裝設計師”
- Popular this season | 享一場奢華盛宴 品一段優雅經典
- Salary and welfare | Ren Ao Network Technology Co., Ltd. - Salary And Benefits
- Fashion item | The Fashion "Pants" Girl Starts Here.
- Agency world | Weihai "Di Shang" Successfully Acquired Korean Clothing Listed Company "AVISTA"
- Popular this season | Do You Live In HOLD This Winter?
- Popular this season | Charming 30+ Deduce Wonderful C Tune Life
- This Summer'S Three Fashion T-Shirts, There'S Always A Beauty Coming To You.
- 初夏了穿什么?短袖居然可以穿得這么好看!
- Welcome To The Beginning Of The Summer: The Korean System Brings You Beauty.
- What Is The Joint LINE FRIENDS And Nintendo'S VANS Doing?
- Beauty Is Not Beautiful. Look At Thighs. Use Short Skirts And Shorts To Show Your Legs.
- Burberry Is More Than Just Regain Control Of The US Market.
- Big Retailers Have The Ability To "Encroach" Supply Chain
- 王府井轉型購物中心 要做最好的自己
- Holland'S Largest Supermarket Chain, Howard'S Own Brand Is Doing Very Well.
- Transformation And Upgrading Of Shenzhen'S Retail Industry Burst Forth New Strength.