Recently, reporters on-the-spot investigation in guangdong, jiangsu, shandong, etc, the export enterprise, if discovery after short-term sharp appreciation of traditional industries, will make the export enterprise profit fell sharply, many enterprises will collapse, affect employment and social stability.
Long-term since, some western countries have been accused by "seriously undervalued renminbi exchange rate. The U.S. house of representatives voted the 24 a currency exchange rate of so-called underestimate to the national tax bill of special tariffs on further renminbi appreciation, the formation pressure.
From the China foreign exchange trading center of the latest figures show that September 27 yuan to the dollar price 6.7098 newspaper. Since June 19, China's central bank to reiterate to 21 September 3 months time, the RMB appreciation against the dollar has almost 2%.
Reporter investigation found that, after a few years ago in human resources, the rising cost of raw material, textile, clothing, shoes, toys and traditional industries such as the export enterprise most low-margin or profit-making industry, and there is no space to digest the RMB appreciation and sustained pressure from rising costs. Analytic personage points out, the Chinese traditional industries, but overall level is not high, directly or indirectly, absorbing the tens of millions of labor, as a social stabilizer. Once the short-term sharp appreciation will lead to large quantities of export enterprises, large number of workers unemployed, collapse, mass exodus workers adverse social harmony and stability.
Guangzhou huadu hongyuan motorcycle foreign trade enterprise, told reporters in charge of money, one of China's exports and electronic machinery products "anti-dumping investigation, countervailing motorcycle machinery industry trade margins even less than 5%, the enterprise survival has very difficult.
"In the fourth quarter, China's export trade is the season, many order in the near future to exchange receipts. If the renminbi revaluation will accelerate, enterprise settlement when suffer significant loss." He said.
Some people think that the current rapid appreciation of Chinese foreign trade enterprises and production costs rise sharply form effects, impact global trade recovery process.
Guangdong foreign economic and trade department of LiangYao said, the latest survey, guangdong foreign trade enterprise production cost of recent surge continues. Among them, since this year, enterprise labor costs are generally improved 20%, 60% or more enterprises within the expected salary will rise.
At the same time, foreign trade enterprise raw materials purchase cost commonly have 10% growth, steel, copper, plastic, cotton etc., the main raw material prices rose by more than 20%, In addition, electricity costs rise, shipping cost doubled, increase the cost of enterprise.
"China's foreign trade enterprise cannot say has overcome the financial crisis, and the U.S. government continue to RMB appreciation pressure will only make the enterprise survival environment worsening." He said. Jiangsu DongDu group chairman XuWeiMin tells a reporter, RMB appreciation to continue the textile and apparel industry will bring great pressure.
"In fact, textile and apparel industry, the enterprise is 10%, profit-making 50%, the textile industry in the overall profitability between 3-4%. Renminbi appreciation, if exceed 5%, two-thirds of the textile clothing enterprise." XuWeiMin said.
Jiangsu cass finance &trade research institute, jiangsu WuXianMan export scale for many years in China, including mechanical industry, second, textile clothing industry is listed the export of second and third place, machinery, textile and clothing export industries are the most obvious influence exchange rate.
Jiangsu cass and business hall of a recent export enterprise quantitative analysis shows that the real exchange rate appreciation every one percentage point, jiangsu and export 0.63 percent decline about, jiangsu textile and apparel export about decline 1.47 percent, RMB exchange rate fluctuations in every 1 percent, jiangsu and export will decline 0.02 percent, textile and clothing export will drop 0.04 percent.
Respondents said, if the enterprise common among the dollar price of keeping for a long time in the level of jiangsu, 6.5 textile and clothing export enterprise will be a significant impact: jiangsu textile and garment export of growth could fall to zero, Textile and clothing export enterprise profits dropped substantially, appear even many businesses failed, affect employment and social stability.
In eastern shandong YeLiYa group is an annual $10 million foreign trade clothing export processing enterprise, existing employee 1500 people. Group import &export company general manager said that if the yuan tan hongyan breakthrough for the dollar, profit space will 6.7 further narrowing, operating pressure will be increased.
A revaluation of the influence of export enterprises, most of the latest research report export enterprise of RMB appreciation is below 2%, this part of the total number of samples of enterprises, can relaxed revaluation of 2-4% 33.8% enterprises. This investigation report of total samples, including China for 1900 ten provinces of export enterprises. The Chinese small and medium-sized enterprises, the export of textile is not high, especially the margins, clothing, shoes and hats, etc 84.07% labor-intensive manufacturing, the export enterprises in less than 5% margins.
Some Chinese enterprises and foreign trade personage thinks, the yuan rise more quickly in China's enterprises of heavy losses are caused, the steady development of global economic profit.
Guangzhou kun jiang automotive parts company general manager WeiXiaoHua said in auto parts industry, for example, most Chinese companies and Occident, Korea and Japan etc multinational auto giant has a direct connection, and the industrial production capacity to multinational giants will transfer market in China has become an irreversible trend of RMB appreciation, greatly not only directly hurt all to participate in the enterprise, also can't let the developed countries have shift production capacity and employment shifts back.
"If a one-off revaluation 20%-40%, the whole industry chain will be able to operate." WeiXiaoHua said, "even if China's production and export capacity is rigid, the ability to suppress will only transfer to Vietnam, South America, etc, and the transfer market needed time, money is hard to imagine such cost."
Guangdong foreign trade and economic cooperation ZhengJianRong said, deputy head of the current keep the RMB exchange rate stability, conform to the market rules, is China's export and promote steady economic sustained recovery in China, it is necessary to keep the world economy and trade recovery of demand.

"Chinese textile net source."

Editor: lara