The Situation Of China Machinery Industry
The Situation Of China Machinery IndustryThe Situation Of China Machinery IndustryThe Situation Of China Machinery IndustryThe Situation Of China Machinery IndustryThe Situation Of China Machinery Industry

Facing the new situation and new problems:
First of all, RMB is appreciation pressure. On 19 June 2010, the people's bank of China announced that continue to exchange rate reform, make the exchange rate more flexible. Rise 3.2% within half a year. This will greatly increased export costs.
Secondly, some raw materials such as steel (4730,7.00 0.15%), copper, aluminum and other non-ferrous metal prices are likely to rise; Labor costs rose; s bank loan interest rates rise, etc. Will increase export cost, lowering export competitiveness, make the export enterprises are facing difficulties.
Again, the international trade protectionism growth, trade friction increases.
According to above analysis, although there are some unfavorable factors and difficulties in 2011, but also many favorable factors . The world economy is recovering , our export products structure are continually optimize , Enterprises already have some achievements to exploit potential markets . Therefore , the 2011 machinery industrial exports will continue to growth steady and fast ,The export proportion of emerging economies and developing countries will continue improve.
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