Canton Fair: Overseas buyers begin to accept high prices for Chinese manufacturing

Source: Internet
Author: User
Keywords China Canton Fair China
Tags bargaining power cost customers development enterprise enterprises export export prices
Li Xiangwan as China's foreign trade "barometer" and "Vane" Canton Fair, Chinese enterprises in this year's results are quite fruitful, only because overseas buyers accepted the price increase requirements.  Guangdong Hongyu Ceramic Enterprise Export general manager Woojen to this transaction "the outcome" quite satisfied, many new product price increased 5%~8%, did not think many customers are willing to accept, orders than the last increase of more than 10%. "Building ceramics and textiles, toys and other industries are labor-intensive industries, the gross profit is not high, raw materials, labor and other costs rose, the impact is very large, and the industry is facing growing trade frictions, India, South Korea, Pakistan and other countries to China's construction of pottery launched anti-dumping investigations." Although China built pottery in the past is to rely on price to win, but can not take a long way to low-grade, there is a need for transformation. "Woojen told the first financial daily," The Canton Fair We exhibit 20% of the products are new, which recently developed 3D technology bathroom wall brick attracted a lot of professional customer inquiries and signed an intention contract. "Innovation brings about the competitiveness of the promotion, Woojen has a more profound experience." Overseas buyers have come out of the shadow of the financial crisis, this time not directly to the "cheap" Chinese products, but more willing to buy some new products, so new tricks and the development of a variety of important.  Hongyu Ceramics In the last year set up by more than 60 professional research and development staff composed of innovative research and development center, through a year of efforts, not only through the new technology to reduce costs, but also to win many new customers. UTA, executive director of the China-Pakistan Chamber of Commerce and Industry, said in an interview that Brazilian market demand in the rapid growth, the more than 200 members through the Canton Fair, China Manufacturing network and other channels in China to find building materials, auto parts, electronics and other industries partners, although the current Chinese suppliers in the price,  But products are still more cost-effective than Brazil, so most are willing to accept price increases. Stephen Philipas, president of the British-Chinese trade association, also told the reporter, Furdonson the British economy in the gradual recovery, the purchase of a single is also gradually warmer, the fancy is not only the price of Chinese products, more important is the quality of products and services, if the product contains increased value-added, is willing to accept the price increase.  Now that the business environment has become more complex, procurement must be considered comprehensively. As the world economy in the recovery period, this time to the Canton Fair, the procurement of a lot of buyers, as of 17th, to the merchants have 88704 people, compared to the previous two session has increased. China's electrical and mechanical import and export Chamber of Commerce has been victory, the Canton Fair electromechanical products before the two-day deal 4.22 billion U.S. dollars, compared to last year's spring trade fair growth of 53.76%.  and Minmetals Chemical Chamber of Commerce has learned that the situation is also good, building materials, hardware, sanitary products and other foreign inquiries have increased significantly. However, because of raw materials, labor prices and expectations of appreciation of the renminbi, the export situation is still mixed, most of the export enterprises bear great cost pressure, large profit space electromechanical products are no exception, according to the electromechanical Import and Export Chamber of Commerce investigation, if the renminbi in a short period of riseValue 3%, home appliances, automobiles, mobile phones and other production enterprises will fall 30% to 50% profit, many low bargaining power of small and medium-sized enterprises will face losses, so the price of products has become inevitable. Jianguo, dean of the Institute of International Trade and Economic Cooperation of the Ministry of Commerce, said that at present China's import volume has increased significantly 70%~80%, many raw material prices have 20%~30% growth, and exports only increase 20%~30%, many products export prices only increased by about 1%, export prices and import price increase asymmetry,  As a whole, Chinese enterprises are still in unfavorable trade situation, how to improve competitiveness and bargaining power is imperative.  Jianguo also stressed that global demand has rebounded, but it is not clear that the rapid growth of foreign trade in the case of policies should not move, exchange rates and other policies are stable, China's entire export sector can withstand the yuan appreciation of less than 2%. Changhong, Reyang and other household electrical appliances business owners also said that from their own interests, will continue to adjust the export and product structure to get better profits, the current order rebound, in addition to the global economic recovery, more enterprises through the promotion of research and development innovation and independent brand to get good orders, innovation is the only way to raise prices, but need a process , the enterprise is under great cost pressure at present, hope that the state can increase the support to the enterprise transformation and upgrade on the basis of stabilizing the current policy.
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