"The nine-10", which was originally to describe the textile industry, seasonal peak season, but this year the textile enterprises in the September business once popular, entered October will be greatly lower the temperature, and by November, many foreign trade enterprises reduced orders there part of printing and dyeing enterprises processing business substantially reduced, some reduced to only in September of about 50%. The reason, many business operators in one voice answered, the RMB exchange rate due to frequent adjustments.
December 4, the renminbi to the dollar U.S. breakthrough 7Enrico Caruso, to 7.4094 to a new high since the foreign exchange reform.
The renminbi is widening its international and market-oriented footsteps, it was expected that next year the renminbi and the dollar will reach 6.5:1 about the level of appreciation of the renminbi will become the key economic next year, the prices of many industries, profitable, incentive mechanism will be accordingly adjusted . For the textile industry, the industry pointed out that, on the one hand appreciation of the renminbi, on the other hand raw material costs continue to rise, coupled with the next year, "Labor Law" was implemented, raising labor costs significantly and increase the company's operating costs, these factors allow textile enterprises from薄利walked without profit to some low value-added processing enterprises in existential crisis. "Readjust the product mix and improve product value-added enterprises will no longer is an oral action, and to really implement practical action in the enterprise." The insider said. |