• QQ咨询

  • 在线咨询
  • 点击这里给我发消息
  • 点击这里给我发消息
  • 点击这里给我发消息

INDUSTRYAbout Us

HOME >INDUSTRY

Harden again! Yesterday, the yuan against the dollar, harden again, to 6.2447, since it is nearly nine sessions, the yuan against the dollar eighth touched harden price. In the case of the yuan harden, export industries or become one of the most "sick" industry.


"Now store a lot of clothes is no longer Made in China, China's export industry has shown squeezed." Industrial bank chief economist lu zhengwei said China due to the rising labor costs, has predominantly manufacturing exporters out of breath, and the RMB exchange rate to rise, make the industry faces a challenge.


At present, China's exporters are still mainly labour-intensive manufacturing, textile and other industries are among the best in the export products. Data statistics, the yuan has appreciated 1% each, textile foreign trade enterprise profit or declines of 1% to 4%. If cannot reduce cost, corporate profits will quickly suppressed. In the first half of this year, in 41 listed textile and apparel companies, 25 exchange income appear negative, some businesses reported losses exceeds one million yuan.


Lu zhengwei said that not only China's processing trade industry decline, even foreign direct investment (FDI), international high new technology spillover, China will appear "income trap". Thus, China must realize the transformation of the pattern of economic development, change no longer has the advantage of low processing industry, and high and new technology and can't do it. Lu zhengwei thinks, ways to save the Chinese economy, only to strengthen the flexibility of the RMB exchange rate, is also continue to gradually expand the range of floating exchange rate, RMB exchange rate changes to cope with the future again.


However, many experts agreed that the RMB exchange rate appreciation is short term. Standard chartered bank economist wel, said the continued appreciation in the yuan in the economic fundamentals have not support. After the United States to launch a third, value of the dollar, the yuan appreciation expectations, many individuals and enterprises, after holding dollars, can adjust the proportion of foreign exchange in the hand, it's enlarge the space of appreciation of the yuan, after the adjustment, the yuan is likely to return to normal.