Export Decline Leads to a Weaker RMB？

Since the beginning of 2008, rising prices of raw materials, labor cost and RMB value have caused sharply decreased profits of export enterprises in China. And the last straw seems to be the plunging demand in foreign markets which results from the financial crisis. Hit by the dual-shock, a large number of small and medium-sized export enterprises have Closed down. Apparently export as an important driving force for China＇s economic growth is now faced with an unprecedented crisis.     

Achievements in Carrying out ISO 9000

The export enterprises of China have made outstanding achievements in carrying out the ISO 9000, according to the State Commodity Inspection Bureau. By the end of May 1995, 130 export enterprises had been issued with the certificate of appraised quality after passing the assessment of the CCQSEM of ISO 9000. These enterprises have shown great superiority in signing contracts with foreign undertakings in bidding, export expansion, the rise of sales prices and the reduction of the rate of sub-standard goods.     

Innovation,key for＂Made in China＂ to out of crisis

China＇s foreign trade and export enterprises have encountered unprecedented pressure during the global financial crisis - but analysts say they believe innovation is the way out for the ＂Made in China＂ brand.
The Quanzhou Baofeng Shoes Company, one of China＇s leading producer of slippers, is precisely the type of exporter that should be on its knees. Headquartered in Quanzhou, a coastal city in southeastern Fujian Province, Baofeng used to export 90 percent of its annual output to the United States.     

Tax Policies and the “Going-out” Strategy

In recent years,with the rapid development of China＇s economy,more and more Chinese enterprises have actively begun to participate in international competition,and exerted such tremendous influence that they are playing an increasingly significant role in international trade and cooperation. But since the outbreak of the financial crisis in 2007,the road for Chinese domestic     

Further Enhancing the International Competitiveness of China's Chemical Industry

Foreign-oriented Economy Entering a New Stage The Eighth Five-year Plan period saw the fastest development of the foreign-oriented economy in China's chemical industry, with an accumulated import and export value of US$100 billion, including US$38.3 billion of exports. In 1996 the total import and export value reached US$30 billion, including US$12 billion of exports. Now, more than 300 chemical enterprises and institutes have obtained foreign trade     

Three Driving Forces of Labor Market

The sub prime in Wall Street of USA finally turned into global economic crisis. China, as the second largest export country in the world, caught in the biting cold economic storm. As the declining export directly plays on the weakness of Chinese economy, shrinking domestic demand and weak export market worsens the employment situation in China. It seems that the employ- ment and re-employment have become the top task for Chinese government. The reason why the economic crisis has such a large influence on Chinese job market may be related to the three problems come up in the development of Chinese economic development.     

2008年中日韩三国接单情况分析

Korean shipbuilding enterprises have paid attention to seeking orders for different types of new ships so they have a stronger ability to fight against the crisis in this new round of shipbuilding market downturn. However, the newbuilding order book for China and Japan is structurally more single with an excessive proportion of bulk carrier orders, which makes them face greater risks of market fluctuation.     

Increasing CostsPlace Primary Burden onCorporations

The environment seems to be less and less optimistic for small companies in recent years.The rising raw material price and labor costs have combined to push up their export costs by 10 to 20 percent.The former factor in particular has become the greatest burden for enterprises and the most striking consequence is these enterprises' sliding competitiveness in export.“The major difficulties faced by small and medium-sized comPanies include:first is the soaring production costs due to rampant inflation of raw material prices,such as high price of crude oil,cotton and the iron ore;the second is the rising labor costs,with labor shortage and employment difficulty still severe.Labor wages in coastal regions,including Yangtze River Delta and Pearl River Delta,have been increasing sharply,” said in an interview Zhu Hongren,chief engineer of the Ministry of Industry and Information Technology,“The two parts of soaring costs have squeezed the profit m.ar”gins for small and medium-sized companies.     

SMES＇FINANCING,Hard Nut to Be Cracked？

Small and medium-sized enterprises （SMEs） are a crucial driving force for innovation, employment and development and the engines of growth in an economy. But as the sector is characterized by information asymmetries and high processing costs, banks are reluetam to lend to SMEs, which have long faced difficulties in financing. Amid capital depletion, risk aversion and credit contraction in the current global economic crisis, the issue of financing for SMEs is a pressing issue for all natlons, which is not exceptional to China.     

SMES' FINANCING, Hard Nut to Be Cracked?

Small and medium-sized enterprises (SMEs) are a crucial driving force for innovation,employment and development and the engines of growth in an economy. But as the sector is characterized by information asymmetries and high processing costs, banks are reluctant to lend to SMEs, which have long faced difficulties in financing. Amid capital depletion, risk aversion and credit contraction in the current global economic crisis, the issue of financing for SMEs isa pressing issue for all nations, which isnot exceptional to China.     

Textile

Light industry in China,as an important part of national economy,is mainly referred to consumer goods industry. After three decades＇ rapid economic growth, China has grown into a country of abundant light industry production,supplying inexpensive and diversified light industry goods of high quality. In 2007, scaled enterprises in light industry have accomplished the output value to approximately RMB 7604.1 billion and the export value to USS270.3 billion.     

HACCP——Management of Acquatic Export Enterprises

In order to help our export acquatic enterprises meet the safety and health requirements of importing countries, the State Administration of Import and Export Commodity Inspection will implement HACCP management over acquatic export enterprises in China.     

＂Consumption Degrading＂ Era,Really Coming？

Global financial crisis sourced in subloan crisis in USA leads to the downturn in world economy, and also has a deep impact on people＇s hie and consumption, no matter where they are. There is no doubt that the crisis is changing people＇s idea and attitude of consuming. This article will have an insight in the change of consuming behaviors and how the companies should respond to the changes.     

China's Import and Export of Textiles and Apparel in the Q1

China's textile and apparel industry suffered an unprecedented cold market for exports in the first quarter this year,the result of a few factors including: the appreciating RMB, decreasing export rebate rate,expanding influence of the U.S. subprime crisis, increasing costs of production and rising labor cost.     

Sino-EU Trade, New Measures for 2009

In the last several years, we have been able to observe how China has shown a spectacular economic development. However, the Chinese economy has not been an exception to the global trend and has also suffered from the consequences of the global financial crisis. This has been especially true with the manufacturing and export sector, in particular shoes, toys…… that have suffered a strong decline that has provoke some factories to close and the loss of jobs. This led us to question if the Chinese economy can remain strong without depending so much on exports.     

Colorful Yarn, Beautiful Picture-The Textile Industry in the Pearl River Delta and the Yangtze River Delta

At present, because of the global financial crisis, many enterprises are facing the plight of the manufacturing pressure. Especially the textile industry in the Pearl River Delta and Yangtze River Delta, they are struggling for the survival through the great stress. Therefore, it is imperative to restructure and upgrade this industry. In the context of the competitive globalization, the Chinese textile and garment industry should not only have strong competitive enterprises to participate in international competition, but also have to enhance regional and overall competitiveness. The Pearl River Delta and Yangtze River Delta have focused on nearly about 2/3 capacity of the textile and garment production. So upgrading and coordinating development the two industrial bases are important to the Chinese textile and garment industry.     

Development Report on Exhibition Industry in Guangzhou

1. General Features of Guangzhou Exhibitions
（I） Quantity of Exhibitions and Industry Features. Overall, after suffering from global financial crisis in 2008 as well as the interference of Beijing Olympic Games and other major events, the exhibition industry in Guangzhou has still not encountered an easy condition in 2009. The negative effects of the financial crisis have unceasingly spread and deepened, and restructuring of industries in the Pearl River Delta is in the most difficult period,     

How Is the Financial Crisis Affecting China's Export Enterprises?

--CCPIT's Inspection of Export Enterprses in Zhejiang Province Being down-to-earth as always,China Council for the Promotion of International Trade (CCPIT)has carried out its work based on the macroeconomic environment since the outbreak of the financial crisis. From October 24 to 26 in 2008, officials from CCPIT went to Zhejiang province and inspected about 30 private export enterprises in Wenzhou and Taizhou, covering textile,garment, footwear, valve, water pump,sewing machine, auto parts, motorcycle,pneumatic tools, sanitary wares, furniture and other industries.     

Tanning Industry in Xinji City

Xinji City, in the middle south of Hebei Province, has a tanning history of more than 400 years. The city boasted over 100 kinds of fur and leather products, over 300 workshops and shops and 24 foreign agencies in the early years of the Qing Dynasty (1644-1911). Since 1949, especially since 1981,the city's tanning industry has witnessed a big leap. There are around 10, 000 tanning enterprises in the city with an annual industrial value of RMB 1.3 billion and an annual export value of US $ 100