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The Dilemma Of Shoe Industrialization Is The Driving Force To Get Out Of The Currency Appreciation Swamp.

2011/5/5 16:43:00 76

Shoes Enterprises Economic Foreign Trade

May 5th RMB appreciation to China

Economics

In terms of development, it can mainly curb inflation and achieve healthy economic development. However, this appreciation needs to cooperate with many policies of the state, and this regulation is also for the latter part.

foreign trade

It is easy to bring about arduous problems. In 2010, China issued a number of policies to curb the appreciation of the renminbi, mainly to suppress a series of economic bubbles in China. For example, the real estate related to people's livelihood is the main constraint of the government. In the whole 2010, the appreciation of the renminbi has reached a new high, and after a year's preheating process, the central parity of RMB to the US dollar in April 2011 reached 6.4990.

In fact, the appreciation of RMB has some advantages for China. First of all, it will expand domestic consumers' rights.

Imported

The demand for products also relieves the pressure of Chinese manufacturing enterprises on the cost of raw materials. In other words, the appreciation of the renminbi has created an increase in the profits of enterprises, and has directly affected the economic conditions of the workers in the enterprises, avoiding the phenomenon of many talents pursuing high incomes and going abroad to work. In a large sense, the proper appreciation of the renminbi will not only help to ease the relationship between our country and our main trading partners, but also to reduce economic disputes and to establish a good international image of our country as a great power.

But the advantages and disadvantages of the appreciation always complement each other, and the appreciation of the renminbi will have a huge impact on China's export enterprises, especially labor intensive enterprises.

In fact, in the past few years, the fate of Chinese shoe enterprises can be described as "roller coaster". The European Union has just concluded its anti-dumping duties on Chinese footwear enterprises in April 1st this year, which has made Chinese shoe enterprises win the opportunity of the times, but is facing the impact of the appreciation of the renminbi on the export of footwear enterprises, which makes Chinese shoe enterprises busy at the corresponding export trade and rigid development. The appreciation of the renminbi has eaten the profits of export enterprises. Taking into account the great changes in exchange rate, some foreign trade enterprises are more cautious in holding orders, leading to the fact that large orders and long lists do not dare to pick up easily. As we all know, China is a big manufacturing country and a big exporter. Many products all over the world come from China, and shoemaking enterprises are famous at home and abroad.

The end of the five year's anti-dumping and the appreciation of the RMB have forced the Chinese shoe companies that have weathered the storm to give up the stage of development that they can reach easily. Once again, they choose the difficult industrial upgrading, strive to improve the core technology and quality of their products, and then enhance the competitive power of the international market.

"Frozen three feet are not cold for a day. Chinese shoe enterprises can adjust their direction of operation under the impact of the appreciation of the renminbi, and steadily and steadily upgrade the maturity of Chinese shoe enterprises to a new height."