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    How Big Is The Slowdown In The Export Of Footwear Enterprises?

    2008/1/2 0:00:00 10374

    Footwear Export

    For China's exports next year, there are three main concerns in the industry: first, the rapid growth of the US residents' consumption on the two cornerstones of credit economy and wealth effect over the years is likely to decelerate obviously. Because China's exports to the US are mainly consumer goods, the US consumption slowdown will be unfavorable to China's exports. Two, the policy effect of controlling excessive export growth and adjusting the foreign trade structure in 2007 was clearly demonstrated in 2008. Three, the trade protectionism in the world is rising again, and the trade frictions against China are increasing.

    In 2007, it was a year of hardship and hardship for "made in China".

    Faced with a series of challenges such as domestic export tax rebate and processing trade policy adjustment, RMB appreciation, land labor force and other factors of production increase, as well as a series of challenges such as the revival of foreign trade protectionism, the United States subordinated debt, or the impact on international market demand, many economic personages have made the warning that "the growth rate of foreign trade export will slow down next year".

    As one of the "three carriages" to keep pace with investment and domestic demand, how will the slowdown of foreign trade export affect the macro-economy next year?

    Zhang Yansheng, director of the Foreign Economic Research Institute of the national development and Reform Commission, believes that the slowdown in foreign trade exports is inevitable next year, but the rate of reduction will not be too great, so the impact on the macroeconomic will not be too great.

    At the same time, with the implementation of a series of policies, such as stimulating domestic demand, for example, in rural areas of Sichuan, Henan and Hebei, subsidies for farmers to purchase household appliances will gradually enhance the pulling effect of domestic demand on economic growth, and will also effectively digest the huge domestic production capacity that originally relied on international market demand.

    The export will slow down, but it will not be too fast. The Chinese version of "one year away from China" written by Sara, a reporter who reports on international trade, is coming soon.

    The Sara family described in the book is determined to try not to buy Chinese products in a year from 2005. The stories that happened during the year tell readers that today's Americans can not only get away from cheap Chinese made products but also hide away from WAL-MART products.

    The experience of the Sara family also confirms the fact that "made in China" is still loved by consumers all over the world after a series of disturbances in 2007.

    From this point of view, although frequent trade frictions may affect China's exports in the short term, it can not fundamentally affect the competitiveness of "made in China" in the international market.

    Considering the various factors such as the global consumer market and the direction of domestic macro policy next year, it is expected that although the growth rate of exports will inevitably slow down next year, the magnitude will not be too great.

    Although the shadow of "made in China" came out of the recall incident in 2007, it encountered a series of challenges such as domestic intensive export policy adjustment and international trade frictions represented by recall events, but "made in China" did not reveal a faint fear.

    Statistics from customs showed that in the 1-11 months of this year, China's exports amounted to $1 trillion and 103 billion 610 million, and its growth was still 26.1%.

    The toy industry, which took the lead in the recall, also dropped sharply to 5.4% after its sharp decline in exports in September. It returned to 27.6% in October, indicating that the recall has limited impact on toy exports.

    According to Sing Tao Daily, the toy storm made in China seems to have passed, and the Christmas products on American toy distributors are still playing the leading role of Chinese toys.

    Although large retailers such as Toys RUs have many toys produced in the US or Canada on the shelves, consumers do not care about the origin of toys.

    Recently, a few days ago, the shelves were empty, and the shelves of chain toys Toys' RUs' were full of colors, most of which still had the word "made in China".

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