May increasing production of labor-intensive commodity export enterprises

Even before the onset of the international financial crisis, China's foreign trade performance in May was excellent. Data from the general administration of Customs yesterday showed that China's import and export value of 243.99 billion U.S. dollars in May, an increase of 48.4%. Among them, export growth of 48.5%, import growth of 48.3%. Compared with May 2008, the three sets of figures have reached about 10% per cent. "Our order has been in place for September.　　"A pick-up in demand in traditional developed markets such as North America could lead to a two-digit export growth this year," a staff member from the Southern Electronics manufacturing Company told the Beijing Morning News reporter.　　The foreign trade data of China May have attracted much attention because of the factors such as increasing European debt crisis and the world economy "two dip". The latest statistics have partly dispelled concerns about China's economic decline. Driven by strong trade figures in May, China's imports and exports amounted to $1.1 trillion trillion in the first 5 months, an increase of 44% per cent year-on-year. Among them, export growth of 33.2%, import growth of 57.5%.　　Meanwhile, trade imbalances eased, with a trade surplus of $35.39 billion trillion, down 59.9%. In export commodities, the export of mechanical and electrical products maintain rapid growth, labor-intensive traditional commodity export growth rate is also generally accelerated. Customs statistics show that the first 5 months, mechanical and electrical products export growth of 34.6%.　　At the same time, traditional commodity exports have steadily increased, at a generally faster pace than in the previous 4 months, with clothing exports up 13.1% and textile yarns, fabrics and products growing by 29.7%.　　The chance of a surge in exports from the absolute amount of exports, May's $131.7 billion has reached a 15-month high, a 9% increase compared with the same period in 2008.　　Shanxi Securities analysts said that as a result of the April Canton Fair new orders more, resulting in the May seasonal peak season, which general trade growth in the short fall after a brief decline continued to rise, export surge has a certain degree of contingency. A more general view also points out that last 4 May was basically the bottom of China's exports to the United States, and now the United States continues its recovery, so the recovery and growth of U.S. exports has led to a May-year export forecast.　　And in the three or four quarter of this year, China's exports will also face greater downward pressure, the impact of the European debt crisis on exports will gradually appear, and in the fourth quarter, especially obvious. Morning News reporter Liu Ying reporter observes the market has changed new homework to be solved China's May Foreign Trade Report card is beyond the "imagination" of many scholars. Coastal manufacturing companies have long had a hunch that "the most recent route to North America has returned to full warehouse levels." "The keen Wenzhou businessmen have also begun to restructure their mountains, putting some of their enthusiasm for the property market and the stock market back into the factory." However, interviewed a lot of business owners, the reporter found that they have not too late for foreign trade warming and celebrate, "the market is not the previous market." The industry is not in the past.　　"They still have homework to do." In the expended of the international financial crisis, the survival of Chinese export enterprisesThe environment has quietly changed, and as if the wings of the butterfly fanned, changing the face of China's foreign trade. The main change is the soaring cost of raw materials and labour. The former is at a glance in the customs data. In the first 5 months of this year, China's iron ore imports average price of 106 U.S. dollars per ton, up 36.6%; The latter's impact is even more far-reaching. Foxconn workers are getting a 30% pay rise, and Honda is proposing a 24% pay rise, "and we plan to pay 10% more for our employees this year."　　"When the head of a southern foundry company told reporters that he should also be due to the trend, China's" Low pay era "step is getting faster. In fact, it is more difficult to rebound than the export of Chinese exports, and even the upgrading of industries. "Even if you sell cheaper, there will always be cheaper than you." What we will do in the future is to find ways to improve the bargaining power in quality and performance.　　A business owner told reporters that he encouraged himself.　　Morning newspaper reporter Liu Ying flower News link Enterprise Brewing increase in production however, in many foreign trade enterprises, China's export recovery has a solid foundation. The head of a microfinance company in Wenzhou told reporters they expected further growth in loan demand for industrial production in the second half of the year.　　"We have 50% of the money for manufacturing companies, the economic situation has improved, many factories to return to work or expand production, investment demand will increase." Export data exceeded expectations also boosted the share price of foreign trade exporters. Yesterday, foreign trade business accounted for a higher textile stocks increased, Huafu color spinning (002042) rose 1.85%, Shandong Ruyi (002193) rose 3.36%. Analysts said that the recovery situation of foreign trade is good for apparel textile, electromechanical equipment, electronic components, shipping ports and other foreign trade industries.