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Footwear Enterprises Export Advantages, Lack Of Support, Surplus Price Too High - Business Practice

2008/5/31 15:55:00 11

Footwear Enterprises Export AdvantagesLack Of SupportSurplus Price Too High - Business Practice

 

In 2007, a prominent feature of China's economic operation is the rapid growth of the trade surplus.

From 1 to November, the total value of China's imports and exports reached US $1 trillion and 969 billion 90 million, which has exceeded the annual level in 2006, with exports of US $1 trillion and 103 billion 610 million and an increase of 26.1%.

From 1 to November, the cumulative trade surplus was US $238 billion 130 million, an increase of 52.2% over the same period last year.

The high surplus is the result of global industrial pfer and domestic industrial layout. It shows that China has the competitive advantage of abundant labor resources and has its inevitability. The surplus also accumulated valuable funds for China's economic construction and promoted economic and social development.

However, Gao Shun difference also brings a series of problems.

In particular, the accumulation of surplus in China is too much dependent on the processing of raw materials and the export of resource products, relying on low prices to participate in competition in the international market, and lack of long-term support. The formation of the favorable balance of trade is at the expense of resources, environment and damage to the interests of workers in some places.

The trade surplus is the result of global industrial pfer, and it is also related to factors such as abundant labor resources and strong industrial supporting capability.

From the center of Dongguan, Guangdong, to the northwest, about 20 minutes later, it came to the town of Gao Bu.

Yuyuan Industrial Group Dongguan manufacturing plant is located here.

This is a Taiwanese sole proprietorship manufacturer with 74 production lines: 65 thousand employees from Guangdong, Jiangxi, Hunan and so on. Each year, about 40000000 pairs of sneakers with "NIKE (Nike)" trademark are sent to all parts of the world, while the processing fee of nearly 1 billion HK dollars is left.

"In the factory area of 1500 mu, there are football fields, libraries, kindergartens, shopping malls, restaurants, post offices, night schools...

65 thousand workers can meet all the needs of life without leaving the factory. "

Liu Manpan, manager of plant business department.

There are many other enterprises like Yuyuan Dongguan manufacturing plant in Dongguan.

"By the end of August 2007, more than 30 foreign countries and regions had invested in foreign investment, and 46 of the world's top 500 enterprises invested in 80 projects.

From 1 to September 2007, the total import and export value of the city amounted to US $74 billion 200 million.

Among them, exports amounted to US $41 billion 600 million and trade surplus was US $9 billion.

Liang Haoqi, deputy investigator of the Dongguan Municipal Bureau of foreign affairs, said that the city has developed from an ordinary small town on the edge of Guangzhou to a thriving city with a total export volume of third, which is known as the "city of processing trade". The city's processing trade enterprises have reached 1.5.

Dongguan's experience has proved that the development of an export-oriented economy has not only achieved rapid economic and social development, but also provided millions of jobs.

Migrant workers from Guangdong, Jiangxi, Hunan, Hubei and other places have achieved employment here, and have brought back the accumulated labor income to their old home to raise their living standard.

"At present, the number of floating population in the city is over 8 million, 5 times that of the local population."

Liang Haoqi said.

From an international background, the trade surplus is the result of global industrial pfer.

With the development of economic globalization, the international industry has accelerated to China. China has become the main destination country to undertake global industrial pfer.

From the domestic perspective, factors such as abundant labor resources and strong comprehensive supporting capabilities have also contributed to the sustained growth of the trade surplus.

Since joining the WTO, China's tariff level has been greatly reduced, various import non-tariff measures have been cancelled, foreign trade barriers to China have been reduced, and the export environment has improved significantly, creating favorable external conditions for expanding exports, utilizing foreign capital and overseas investment.

In a sense, the surplus is not a bad thing.

The surplus has accumulated funds for economic development and increased the country's foreign exchange reserves, which is necessary to enhance the comprehensive national strength.

The surplus also proves that China's commodities have been recognized and accepted by the deficit countries and have certain advantages in the international market competition.

In fact, in the process of industrialization, the trade surplus is inevitable.

From the international experience, the United States, Germany and Japan all experienced large trade surpluses in the course of development, and lasted for a long time.


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