Last Year, Exports Of Clothing And Other 7 Labor-Intensive Products Increased.
According to the data released by the General Administration of Customs of China, in 2014, the export of Chinese mechanical and electrical products was 8 trillion and 50 billion yuan (the same below), an increase of 2.6%, accounting for 56% of the total value of exports.
In the same period, textile , clothing 7 categories of labor-intensive products, such as luggage, footwear, toys and so on, exported 2 trillion and 980 billion yuan, an increase of 4%, accounting for 20.7%.
During the period, the import of consumer goods accelerated, the main commodities. Imported Volume increases, prices fall. In 2014, China imported 936 billion 270 million yuan of consumer goods, an increase of 14.9%, significantly faster than the total growth rate of China's imports over the same period, accounting for 7.8% of China's total imports over the same period.
Over the same period, imports of major commodities kept growing, including 9.3 million tons of imported iron ore, an increase of 13.8%, 3.1 tons of imported crude oil, an increase of 9.5%, 71 million 399 thousand tons of soybeans, an increase of 12.7%, 14 million 432 thousand tons of steel, 2.5% 2.5% tons, and 4 million 825 thousand tons of copper, an increase of 7.4%. In addition, imports of coal 2.9 million tons, down 10.9%; imports of refined oil 29 million 997 thousand tons, down 24.2%.
During the period, the import prices of China's imports of bulk commodities generally declined, of which the average price of iron ore imports fell 23.4%, crude oil fell 6.1%, coal fell 15.2%, refined oil fell 4.6%, soybeans fell 6.8%, and copper fell 6.1%.
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Though near the end of the lunar calendar, there is still a busy scene in the garment factory. The order they made now has been ordered by foreign businessmen six months ago, and the price has already been fixed. Now, the government has raised the tax rebate rate, which is equal to the new year's Eve, giving red envelopes to all enterprises.
"Although the increase is only 1%, but for a large number of enterprises, the tax refund is not a small number." Xu Yongfa, chairman of Jiaxing Yongcheng Garments Co., Ltd.
Xu Yongfa said that in 2014, China's foreign trade situation was not as good as in previous years, especially in clothing, textiles and other traditional industries. The government's action can boost industry confidence and show the importance of exports.
Coincides with Xu Yongfa's opinion, there is also Tao Jianwei, chairman of Pinghu Cheng Pei Garments Co., Ltd. He also believes that this is good news for Pinghu's foreign trade clothing enterprises.
However, another professional who has been engaged in the foreign trade industry for many years said that raising the tax rebate rate may not necessarily have the desired effect, and then adjusting the tax rebate rate to boost confidence may not be obvious.
The industry said: "foreign businessmen now understand China's policies very well. Once the tax rebate rate is adjusted, their quotations will be adjusted accordingly. Now the full tax rebate, they will lower the quotation, and now the order signed often takes months to produce. By that time, if the tax rebate rate is reduced, we will actually lose. "
The industry also said that most of the garment enterprises in Pinghu were processed for foreign businessmen, with low technology content and labor intensive. The main problem now is how to reduce labor costs and avoid orders flowing to the mainland, Vietnam and other places where labor force is cheaper. These are not effective changes in raising the tax rebate rate.
Xu Yongfa also believes that in order to get rid of the current predicament, the export-oriented traditional industries should rely not only on policy support, but also on transformation and upgrading. Xu Yongfa said: "transformation and upgrading is not entirely abandoning the original and starting a new one, but upgrading on the existing basis, such as raising the level of mechanization, reducing labor costs, changing the traditional way of sales, and making good use of the platform such as the electricity supplier."
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