East China Fair observation: RMB appreciation you export prospects uncertain

Yesterday, the annual China Fair opened in the springsaliva, paid a price. But the good news to adjust
rain started falling. East China Fair was first held inbusiness strategy, which requires each sales staff in
China each year's major international trade event, it isexport contracts signed with foreign investors, over
known as foreign trade, "barometer" said. East Chinathe next few months, the exchange rate risk into
Fair and the previous year is different, RMBaccount, it is to fight "ahead of quantity." Therefore,
appreciation, export tax rebate rate down, upwardbefore the Spring Festival this year, the company
pressure on raw materials, so that exports as aPegasus knitted products of export orders received
central theme to the fair some subtle changes havetoo late to do both. Similarly, exports of
taken place.labor-intensive products shoes shoe company vice
How this year's growth of export trade, Chinese andpresident Lansheng Gong Jian seems to have a
foreign exhibitors, foreign buyers are very concernedlengthy Benedict. He said the impact is not to say
about even the busy people of China Textile Importimpossible for renminbi appreciation, but we do not
and Export Chamber of Commerce, Cao Xinyu, viceworry too much, because foreign investors have to
president of Beijing came from "Damo."help us digest some of the losses. The original a few
Some export sales staff and ask around theyears ago, their company started as an extension of
exhibition: the RMB continues to appreciate some ofexport supply chain, except foreign trade, also has
this year's export outlook is not bleak? It is not45 holding the shoe, but also carried out product
difficult to see the hearts of the anxiety level ofdevelopment design business, "now we're not leaving
sales staff.foreign Yao Namerongyi" .
East China Fair set daily consumer goods, clothing,Textile products in order to maintain our
decorative gifts, home textiles four galleries, not onlycompetitiveness in the international market, to avoid
with the advantages of industry in East Chinaexchange rate fluctuations and other risks, the best
exports is consistent also with our textile industry inway is to raise the added value. But this can not be
the international market is highly competitive in tune.achieved. So, in addition to strengthening technological
However, China's export of textile products atinnovation, foreign trade enterprises nowadays could
present are mostly low technology content anddo? All sides in the Shanghai Industrial Company
value-added products, the face of continuedbooth, the reporter met for the whole party
appreciation of the yuan, most enterprisescompanies export goods factory in Shaoxing Ultra
Jiaokubudie. Ningxia Xi Mita glassware companyfinishing three standard foreign trade manager Shen
exhibitors Liu Libing straight down grievances: "impactChuan. In his eyes, exports encountered difficulties
of RMB appreciation on exports could be larger. Weare common, the same appreciation of the renminbi,
export glass, vases and candlesticks, loss of profitsthe key is to have to deal with difficulties in their
on exports of one U.S. dollar is about 0.6 yuan." Heown way, scientific and technological innovation
said the competition force is very intense, you quitrequire long-term investment, but the species is able
too thin profits, foreign immediately find otherto do updates. He pointed to the international fabric
domestic enterprises, it can only bite the bullet, untilshow in Paris just brought exhibits a variety of
unable to do so far.fabrics, we provided the bottom line profit margin
Is it really labor-intensive textile exports to the pointexport sales of 10% to less than a firm makes, my
of failure looms? Shanghai Flying Horse Import &approach is to constantly develop new international
Export Trading Company general manager Lumarket needs fabrics, new varieties, we are now
Longsheng recognize the early reform of the RMBvarieties of fabrics annually update rate of 40%.
exchange rate, the same choking his company a few