Additional articles from Trusted Source™ Industrial Machinery Ministry of Commerce - Branch Activities
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China's toy export recovery in the pressure behind the breaches break time yet
In 2008, swept the global financial crisis still to haunt many of our toy export enterprises, which export mainly to China's toy manufacturing industry's hit incalculable. As time went on, China's toy exports this year has significantly improved the situation, the growing overseas orders, foreign markets are slowly recovering, but at the same time, China's toy industry in the Pearl River Delta together labor costs, rising raw material cost pressures rising, eating into the profits of toys manufacturers, continued recovery in the export of toys behind, get rid of all aspects of corporate heavy time constraints yet.
From the General Administration of Customs statistics show that 1 in March 2010, toy exports grew 21.8%, essentially to restore growth. The Bureau of Statistics data also show that throughout the first half, China's main gathering area toy toy exports are gradually growing share of exports, however, export trade volume up, does not mean that toy companies a good up day. A toy manufacturer in Dongguan, said, "this year than last year, the toy industry's profits fell 10%." This is the most toys this year, export enterprises are facing the situation.
China's toy collection of the Pearl River Delta manufacturing raw materials and labor costs have been received Jinliang Cheng, also coupled with changes in the RMB exchange rate and other factors, toy manufacturers profit through Europe and the United States authorize the processing of smaller and smaller. Toy manufacturing industry has produced "the weak" effect, some enterprises producing toys for export has been a lack of confidence, have Transferring textile, garment products. And powerful toy companies have already begun while in Jiangxi, Hunan and other provinces in the Mainland Area to ease new toy factories increasing pressure on the economy as Dongguan "eight pillars" of the toy manufacturing industry, for example, many toy companies are quietly moved to the mainland. However, the removal of all the toy is not the best choice for enterprises, small businesses face such a situation, can only select shut down or produce other industries. Therefore, it is toy company official said, "Toy exports are at the edge of life and death," said it not the fact.
2010-08-10
