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2012 Wenzhou'S Small And Medium Shoe Companies Are Still Facing Challenges.

2012/3/12 21:42:00 48

Recently, including CICC, Nomura Securities (Asia) and JP Morgan chase launched one after another.

China's macro economy in 2012

Prospects and future prospects of the A share market.

Agencies including these investment banks generally believe that China's economy will face greater downside risks in 2012.

Peng Wensheng, chief economist of CICC, predicts that in 2012, China's GDP growth will reach 8.4%, while consumption contribution will rise to 4.5%, investment contribution will decline, 4.4%, and net exports will contribute negatively to -0.5%.

CICC believes that the biggest risk of China's economy in 2012 is still external.

If the European debt crisis worsens into the global financial crisis, China's exports will be greatly affected, and at the same time, capital outflows will increase, and China's economic growth will be faced with a larger downside risk.

Nomura China chief economist

Zhang Zhiwei is more pessimistic to predict that China's GDP growth in 2012 will be 7.9%, the first time less than 8% since 1998, which will be an unusual event for China.

Zhang Zhiwei predicts that the GDP growth will be 7.5% in the first quarter of next year, and the economic growth will obviously slow down.

He predicts that in the next two quarters, real estate investment will drop sharply, and industrial production will be hit harder. There will be a big possibility of a sharp decline in export growth.

Wenzhou footwear industry rose early in the Southern Song Dynasty, and it has been developing for more than nine hundred years.

This traditional industry precipitates the long baptism of heavy history. It also marks the hard work of reform and opening up, leading to the brilliance of China's footwear industry and the defeat of Waterloo's dream.

In 2008, the aftermath of the financial crisis triggered by the subprime mortgage crisis in the United States was still in the cold winter.

At the same time, the national shoe industry reshuffle speed up, the long-term accumulation of structural contradictions concentrated exposure.

Export shoe enterprises face unprecedented challenges.

External risks may also be a challenge and pressure for export oriented Wenzhou shoe companies.

With the continuous spread of the European debt crisis, some Wenzhou shoe enterprises began to turn their sales channels to ASEAN and other places. Cheap labor and raw material costs are great temptations.

2012 for

global economy

This is a critical period for Wenzhou's small and medium-sized shoe enterprises.

This export battle for export oriented enterprises will probably continue for some time.