Three labour-intensive exports fell
The General Administration of customs import and export data for November was released on December 8, no doubt, is a "double flat".
According to customs statistics, in November, China's Plastic Shopping Bag total import and export volume of 2.16 trillion yuan, down 4.5%, where export 1.25 trillion yuan, down 3.7%; imported 910 billion yuan, a drop of 5.6%. Import and export value fell by 7.8% 11 months before, with exports and imports down 2.2% and 14.4%, respectively.
Reporters at last year's export data to estimate, if you want to export this year, December must reach 20% growth is possible, it now appears that export growth this year, became a foregone conclusion; but the decline became too big, and in exports of mechanical and electrical products accounted for more than 50% also maintained a glimmer of growth, seem not so bad.
In addition, involves vast employment in labour-intensive products export enterprises are particularly cold, textiles, clothing and footwear are labor-intensive products exports accounted for most of the three products, the latest data show that the three labour-intensive industries are faced with the risk of a decline in exports, while the largest proportion of clothing were down the most.
Export hit
Negative growth in exports has been 5 months, concerns about Chinese manufacturing began to intensify, in fact, not all types of exports are in decline, down most of the areas focused on labour-intensive products.
Customs released the latest data show that in January-November this year, textiles, clothing, luggage, footwear and other 7 categories of labour-intensive products total exports of 2.64 trillion yuan, down 2.6%, which accounted for more than 70% of textiles, clothing and footwear fell respectively, and 1.8% and 4.8%.
The original NBS Chief Economist Yao Jingyuan told reporters, end of the demographic dividend, labor advantages in China, Viet Nam, Cambodia and Indonesia are learning Chinese to develop the processing trade. Viet Nam wage per worker is only half of the worker's wage in China, Cambodia and cheaper.
Labour-intensive industries, especially the prosperity of low-end labor-intensive industries, to a large extent depends on a number of population dividend release. Demographic dividend reduction, notably on the average wage and age-appropriate high-strength after labor reduction, its decline was inevitable.
This year, the collapse of a large number of manufacturing enterprises in the mainland situation and consistent with the export situation is that collapse of the labour-intensive enterprises was the hardest-hit areas.
Until July of this year, Bao lijia thousands of employees anyway to my surprise, this is known as East China's largest textile companies were likely to collapse overnight. This year, the closure of large enterprises like baolijia have many enterprises to stop production and liquidation, unpaid employees blocked road, which has been performed numerous times in the PRD.
Survival pressures of labor-intensive industries, textile and garment, for example, our correspondent found according to rough statistics on access to information, textile and garment enterprises this year at least 10 closes, and this is just access the media vision data does not include those who quietly close down small plants because of the foreign debt.
"The companies closed down there is so much more small factories. "Jian Xu told the China Times reporter, noisy industrial area a few years ago, now more and more deserted. Jian Xu runs a textile enterprise in Jiangsu, mainly doing high-end clothing orders.
In the manufacturing town, Dongguan, Guangdong, also has been going round to appear "failures", and some even estimate the collapse this year of more than 4,000.
Though the Dongguan city government official repeatedly refuting "closures" is, but I still can't deny that a growing number of companies have been unable to survive. Yuan Baocheng said the Mayor of Dongguan city, Dongguan new registered growth in the first half of this year to 23.5%, many of these new companies registered in the emerging high-tech companies of enterprises in Dongguan "bankruptcy" is the market's survival of the fittest, is 6 years, Dongguan city, "tenglonghuanniao", the result of industrial restructuring and upgrading.
Of life and death
On December 3, Jian Xu stood in their front, looked around and deserted streets, some mixed feelings. In business more than 10 years later, he was forced to repeatedly cut enterprises ' production this year.
And our export enterprises can survive, and fail than does not seem to be any easier.
"Labor costs in the textile industry at least 5 times higher than the South-East Asian countries, with high cotton costs at least 30%. "Jian Xu told reporters this year, textile companies are more than ever concerned about labor costs, because labor costs have more than 30% per cent of production costs.
Jian Xu and not as competitors in Southeast Asia, just when orders appeared, nor does he much worried. In his view, although the Southeast Asian country's low labor costs, but was unable to complete processing complex orders; but his views gradually changed, and not just because the technological level in Southeast Asia growing, but also because China's competitors is not just confined to South-East Asia, but worldwide.
United States Boston Consulting Group released in August this year the report pointed out that the global manufacturing economy moving, United Kingdom is the lowest manufacturing cost economies in Western Europe and in Asia, India low cost advantages are clear, United States and Mexico is becoming a global manufacturing industries star. The report said, compared to the China factory manufacturing United States cost advantage has been reduced to 5%, if this trend continues for 10 years, China and the cost gap will disappear or while on a unit cost basis, Mexico's average manufacturing costs lower than China's is expected 13%.
Jian Xu even more worrying is that many of this year's industry financing is becoming increasingly difficult, investment institutions and banks have been reluctant to textile enterprise loans, many factories because of funding strand breaks, only to fail.
In August this year, East China's largest textile company Polly bankruptcy, the company's Chairman, told the community and Po Li Jia staff, says in the book: since last year, intensive baoli group are the financial institutions loans, only reduced by more than 300 million Yuan a year in cash flow. Uncontrolled financial institutions to close loans, loans, causing serious shortage of enterprises operating rate, losses, until the weak dimension meter today.
In addition, economic development zone Recycled Shopping Bag, Luan Luan Bao lijia project investment agreement commitments 420 million yuan of credit and is now 7th year of investment, enterprises get credit only for the 20 million yuan of LU ' an agricultural firm, is only a fraction of agreement commitments. Therefore, Jia Liu baoli companies caused insufficient work, resulting in losses every year.
"Innovation needs capital, upgrading need funds. "Jian Xu said that for many textile enterprises, and survival is by far the most important issue.
Chinese new year is approaching, I do not know how many enterprises will survive again this year this winter.
