Article by jekky
2008 the Russian International Hardware Tools Exhibition held recently in Moscow, notable, in this exhibition emerged Hardware & Electrical Products Company, Jiangsu figure. According to To report, Provincial Foreign Trade and Economic Cooperation Hall began in May this year issued a notice, will organize relevant enterprises to the Russian province, opening the Russian hardware Tool Market. Jiangsu hardware company was to "flee its villages," It is because of China's manufacturing industry in general freeze, hardware industry, only to take the initiative. Recently in China, "autumn are concentrated." National Bureau of Statistics data show that in the first half, China's value-added above-scale industrial enterprises rose 16.3%, but lower than the same period last year, down 2.2 percentage points. Customs data showed that as at the end of July, China's foreign trade import and export value reached 14,821.1 billion U.S. dollars, up 26.4% over the same period in 20 07. Cumulative trade surplus of 1,237.2 billion dollars, but higher than the same period in 2007, down 9.6%, a net decrease of 13.1 billion U.S. dollars. As China's manufacturing industry is more used in great quantities and the extensive economic growth mode, the international environment Any sign of trouble, enterprises will be at a loss. On the one hand, Chinese manufacturers need to import large quantities of raw materials and energy, but China did not import prices on the initiative, with the international oil, iron ore, grain and other prices rise fast turns, combined with rising domestic labor costs, China manufacturing cost advantage has been gradually dying; the other hand, in recent years, the continued appreciation of the yuan, the export tax rebate reduction, and non-tariff barriers and other factors also undermined the company's export advantage. China's hardware market is mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong and Shandong and other places , including Zhejiang and Guangdong, the most prominent. Many characteristics of these provinces and cities have formed the economic industrial base and hardware industries have become the backbone of local industry or focus on the development industry, currently the industry clusters in the national hardware industry still plays an important role. General case of Chinese-made cold, to the hardware industry has brought no small difficulty. According to statistics, Zhejiang Yongkang More than 20,000 existing small and large hardware companies, from the beginning of the year by rising prices of raw materials and many other factors, some hardware companies are working under capacity, and some even stop production closed down, with this proof is Local media recently published "Corporate Note Pin The liquidation announcement, "began to increase. Province known hardware company??? Jiangsu Hongbao Annual report 2007, the company listed last year attributable to shareholders of the C ompany to achieve net profit of 5,762,300 yuan, down 74.04 percent, mainly as a substantial increase in steel prices of major raw materials, resulting in increased product costs more; Corporation hardware tools products export tax rebate rate from 13% to 5%, resulting in a substantial increase in cost of sales; two hardware tools the company mainly export sales of U.S. dollar clearing, the dollar exchange rate continue to decrease, directly reduce revenue. Encounter difficulties, enterprises and relevant government departments should not wait for their demise, but should actively market to find a breakthrough. Jiangsu enterprises to foreign exhibitors organization is the result of market research. According to Foreign Economic and Trade Office of stakeholders, in recent years, with steady development of the Russian construction market, the demand for hardware tools the average annual growth of 10%, but the Russian hardware tool technology is weak, the country only a small nu mber of hardware manufacturers, needs to rely heavily on imports. Comparison of our products because of technical excellent and the price advantage, is expected to win the growing hardware market share.
