PPE

Slow economic recovery affects export expectation of shoe leather industry

in the first quarter of 2010, the global economic situation is still unclear. The unemployment rates in the United States and the European Union continue to be around 10%. Especially the sovereign debt problem of EU countries, the potential risk of triggering a new round of crisis in Europe has attracted more and more attention. Developing countries are facing the pressure of inflation at the present stage. 1ndia, Brazil and other countries have adopted tightening policies such as raising interest rates, increasing the uncertainty of economic development. 1n such an environment, there is a trend of increasing trade protectionism in the world

China is the biggest victim of trade protectionism, and the low added value problem has repeatedly impacted the export of light industrial products. According to customs statistics, in the first quarter of 2010, the export volume of leather industry increased by 14.3% over the same period of 2009, but the leather shoes only increased by 3.8%. This is directly related to the trade protection measures implemented by the European Union and some American countries on China’s footwear products since 2009. 1n the long term to come, light industrial products may face more international trade disputes. Therefore, the export situation of leather products in 2010 should not be too optimistic

from the monthly situation, in the first quarter of 2010, the export volume of China’s leather products decreased month by month, and the export volume in March was even lower than that in the same period of 2009. 1t is worth paying attention to whether the trend of gradual recovery of leather exports will change in the second quarter. Meanwhile, in March 2010, the import volume of leather products reached a new high in the same period of nearly three years, in which raw leather increased by 38.5% year on year. Can a large number of imported raw leather and semi-finished leather for reprocessing be digested in a short time when the external demand weakens? 1n the first quarter, the “one low and one high” of foreign trade of China’s leather products is a problem that enterprises and industry managers should pay attention to

under the background of slow international economic recovery, leather enterprises have to face the problems of rising operating costs, great pressure of RMB appreciation, and the increase of wage growth rate exceeding the increase of labor productivity. Therefore, 1 think leather enterprises should pay more attention to the effect of moderately tight monetary policy and the possibility of further adjustment. As there are many uncertain factors, it is suggested that enterprises should keep part of their profits and should not easily expand their production scale in the short term

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