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Textile Industry Calls For Reducing Export Premium Rate And Reducing Pressure On Textile Enterprises

2012/9/21 8:48:00 18

RMB AppreciationTextile Industry

 

The State Council announced 18 on the steady growth of foreign trade on the day of the State Council. Opinion "This is a great advantage for foreign trade enterprises in the cold world. However, the launch of the third round of quantitative easing policy in the US has made the RMB enter the revaluation channel again. Foreign trade enterprises began to worry that the substantial appreciation of the RMB would squeeze the survival space of the foreign trade enterprises and exclude the possibility of increasing the number of deficit enterprises.


The State Council promulgated 18 opinions on promoting steady growth of foreign trade on the 18 day, and put forward 16 concrete opinions on doing well in export tax rebate and financial services, improving trade facilitation level, improving trade environment, optimizing trade structure and strengthening organization and leadership. This is undoubtedly a great advantage for foreign trade enterprises.


However, after the introduction of quantitative easing policy in the United States, the RMB exchange rate rebounded, which made foreign trade enterprises full of worries. In September 17th, the central parity of RMB against the US dollar was 6.3295, the highest since July 24th of this year, and the renminbi has gained momentum against the US dollar. "If there is another significant increase, the operation of enterprises will be very difficult." Christmas orders are the biggest business in the year, according to the head of a glass product company in Zibo. Orders this year are one to 20% less than in previous years. Raw material The price has gone up, but the price has not gone up.


This person said, because this year's orders have been basically completed, do not worry about the appreciation of the renminbi in the short term. But many colleagues worry that the implementation of the US quantitative easing policy will cause the US dollar to continue to depreciate, so next year's business will be difficult. "There is no sign of improvement now, and there is no improvement in the external environment." What is more serious, he said, is that some businessmen have also been in arrears, which has never happened in recent years, and even they have pulled the goods to the port, but the merchants are unable to pay the goods because they can not afford to pay.


The head of a textile enterprise in Zhoucun also said that this year's overall foreign trade environment is not good. Enterprises are likely to lose money this year. If the renminbi appreciates significantly, it will not exclude the possibility that some foreign trade enterprises will be closed down. "Overall is good, the key is the rules." The responsible person of the above textile enterprises hopes that the state can issue rules as soon as possible, for example, there will be policies conducive to enterprises in the export tax rebate. Some foreign trade enterprises believe that the government should lower the interest rate of policy financing and reduce the rate of export credit insurance, so as to further reduce the pressure of enterprises.


Some experts pointed out that if the US dollar has been falling, the renminbi may rebound, but the rebound should be limited. Although there are still arguments, under adverse circumstances, foreign trade The worries of enterprises are real.

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