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Hongkong Is Affected By European And American Economies.

2011/11/21 10:21:00 18

Hongkong'S Economic And Trade Export Trade

The impact of the European debt crisis is gradually emerging, and Hongkong's exports

Trade industry

Entering the cold winter period.

According to the trade statistics of the census and statistics department in September, the value of Hong Kong's total exports was 271 billion 800 million yuan, down 3% from the same period last year, the first time it has shrunk in 23 months.

Hong Kong

The Industry Association expects that in the next 9 to 10 months, the industry is still hard to see recovery, coupled with the combined attack of raw materials and wage increases. It is estimated that 30% enterprises will be eliminated or nearly eliminated next year, that is, nearly 20 thousand enterprises are facing a crisis.

A human resource consultant has revealed that the company has cut 10% local employees and 30% mainland employees recently. If the number of buyers and sellers in Europe and America continues, the Hong Kong businessmen can not cope with the end of the year.

European debt is unsolved and the US economy is weak. Hongkong's export trade industry bears the brunt, and export orders are greatly affected.

Liu Zhanhao, vice chairman of the Hongkong Federation of industries, said that this year's Christmas orders in the electronics, clothing and toy industries declined by 5% to 30% compared with the same period last year. The supporting industries such as packaging, air pport and logistics were also dragged down.

The global economic outlook is not clear, and consumers' purchasing power or impact will not necessarily reach their expectations this Christmas.

European and American demand is weakening, and export prospects for the next few months are not optimistic.

He estimated that European and American buyers could not fully digest the volume of Christmas, and the number of new orders in the next quarter would be relatively lower, and the business of Hong Kong businesses would continue to be affected.

In the cold winter of export trade, Hong Kong enterprises will not be able to afford to shrink or even collapse.

Liu Zhanhao said that at present, the business environment in the mainland is becoming more and more grim, and the operating costs such as salaries have been rising. It is admitted that in the next 3 to 5 years, enterprises will be eliminated. The most dangerous industries are the non essential industries such as the toy industry, the electronics industry, the clothing industry and the footwear industry.