European And American Exchange Rate Fluctuations Cause Pearl River Delta Shoes And Clothing Enterprises In Trouble

In the fourth quarter of 2011, Pearl River Delta Enterprises Orders are generally down by more than 10%, and will drop by 20% to 30% in 2012. In recent months, there have been bad news in Europe and America. exchange rate The fluctuation of domestic raw materials, the rising of domestic raw materials, the rising labor costs, the frequent occurrence of labor shortage, coupled with the overall regulation and control. Capital supply Tension, and power restriction in some areas, this phenomenon has not eased the situation of the textile and footwear enterprises in the Pearl River Delta, and the enterprises are generally worried about the future market.

In recent months, the textile and footwear enterprises in the Pearl River Delta are getting deeper and deeper in the suffering. In this round of crisis, small and medium-sized traditional labor intensive textile shoes and garment enterprises bear the brunt.

Production and labor costs climbed, but also the Pearl River Delta textile shoes and clothing enterprises. Collapse tide A microcosm.

As a representative of the processing trade economy, Dongguan is a barometer of China's processing export economy. The Chinese Ministry of commerce at a press conference predicted that the import and export situation of China will be quite severe in the fourth quarter of 2011 to the first quarter of 2012.

Research Report shows that textile and clothing, footwear, chemical industry and other industry orders are not optimistic. Orders are expected to continue to decrease in the second half of the year.

Furniture manufacturing, shoemaking, textile and clothing, etc. Labour-intensive Industry and export oriented small enterprises are facing difficulties in production and operation, and the risk of bankruptcy is rising.