In recent years, China's footwear industry has developed rapidly and has become the world's largest footwear producer and exporter. However, due to factors such as rising labor costs, trade protectionism and homogenization competition, China's footwear industry has also encountered unprecedented challenges. Where is the road to the development of the footwear industry? Can the construction of “Belt and Road†bring new development opportunities to enterprises?
According to the statistics of the General Administration of Customs of China, the export volume of China's footwear products in May this year was 420,000 tons, and the export value was 29.77141 billion yuan. From January to May this year, China's footwear exports totaled 1.77 million tons, an increase of 10.0% over the same period of last year; the cumulative export value was 133.419 billion yuan, an increase of 14.2% over the same period last year. The promotion of the “Belt and Road†construction and the international trade situation in the first half of the year have provided a stable export order for footwear enterprises.
Jindi Group Co., Ltd. is a footwear enterprise integrating R&D, production, sales and service. The products are mainly sold to more than 30 countries and regions such as Europe and America. Zhu Jianfeng, general manager of Jindi Group, said that due to the stable orders of major customers, orders for the whole year increased slightly year-on-year. At present, the export value of enterprises from January to May increased by about 18% year-on-year.
Li Feiyi, deputy general manager of Jiangsu Huihong International Group Zhongding Holdings Co., Ltd. also told reporters that the export situation of enterprises this year is similar to the trend of big data in the industry. The export volume from January to May increased by about 14%. Huihong Zhongding Company is an enterprise mainly engaged in import and export trade. Its business involves shoes, textiles and garments, toys, luggage, electromechanical, cultural and sports department stores and other products. In addition, companies are actively expanding new export areas such as pharmaceuticals, ships, tools, pesticides, and chemicals.
Regarding the reasons for the growth of exports, Li Feiyi pointed out that, first of all, the international market has recovered this year, mainly because the overall performance of the US economy is good, the orders received by enterprises are in good condition, and external demand is increasing. Secondly, the state continued to promote supply-side reforms, and the requirements for environmental protection and other aspects have become increasingly strict, and some small factories have been eliminated. This has ensured the receipt of orders from quality factories to a certain extent. Affected by rising labor costs, rising raw material prices and exchange rate fluctuations, some labor-intensive production plants such as clothing, textiles and footwear have gradually moved to Southeast Asia and other regions.
The “Belt and Road†construction provides a win-win opportunity for Chinese companies and countries along the route. When talking about whether the company also has plans to transfer to the countries along the “Belt and Roadâ€, Zhu Jianfeng said frankly that the “Belt and Road†construction provides enterprises with a path of industrial transfer, and the business opportunities along the countries along the line are unlimited. The Jindi Group has been paying attention to the construction of the “Belt and Road†and has also visited the South Asian and Southeast Asian countries such as Bangladesh, Cambodia, Vietnam and Myanmar. The choice is two-way. The construction of “One Belt, One Road†will not only bring greater convenience to the development of foreign trade of Chinese enterprises, but also the countries along the line will also consider increasing employment rate, developing related industries, introducing management experience, and attracting investment and investment needs. Actively "hug" us.
The tariff preferences of Southeast Asian countries along the “Belt and Road†have made footwear companies “eager to tryâ€. “GSP tariffs in Southeast Asian countries are very advantageous. For example, China’s footwear exports to the EU are subject to a 15% to 19% tariff, while the same products are exported from Cambodia and Myanmar to the EU and enjoy zero tariffs. Big.†Zhu Jianfeng hopes that the government can increase support for export enterprises, increase tax rebate, reduce corporate pressure and enhance enterprise competitiveness.
Huihong Zhongding Company is also actively exploring the national markets along the “Belt and Road†and is considering developing into underdeveloped areas or markets that were not of interest, such as India, Bangladesh, Myanmar, South Asia, Southeast Asian countries or Central and Eastern Europe. Li Feiyi said that enterprises should make timely changes in compliance with the “One Belt, One Road†construction and development. First, they will consider setting up factories in countries along the route. Secondly, the flow of customers will also make the industrial chain of enterprises passively transfer. The export products are mainly used, and some parts, materials, or related machinery and equipment will be considered for export in the future. Li Feiyi appealed that export-oriented enterprises need to pay processing fees and production factors for foreign factories or offices. I hope that the state can consider foreign exchange policies and give enterprises more convenience.
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