Exchange Rate Fluctuations &Nbsp; Orders For Shoe Enterprises Are Significantly Reduced.

　 November 11th hearing 9-10 months Exit The industry is obviously affected by exchange rate fluctuations, and the cost of footwear industry is increasing day by day, and the tiny profits in the cracks are fading away.

The appreciation of RMB accelerated. In September, it appreciated nearly 2 percentage points against the US dollar, causing Chinese enterprises such as shoemaking to dare to undertake big bills and long bills.

Zhu Hongren, spokesman of the Ministry of industry and information technology, made the above statement at a press conference on 28, he said that the production and operation of export enterprises were greatly affected.

He quoted the news from the Canton Fair in October, saying that exchange rate The number of long lists has been significantly reduced.

As early as April this year, Zhu Hongren said that the fluctuation of exchange rate will directly affect four industries, including light industry, textile, electronics and electromechanical industries. The employment of these four industries exceeds 70 million, and exports account for 70% of industrial exports.

In addition to exchange rate fluctuations, another challenge for Chinese footwear enterprises is increased production costs. Moreover, against the backdrop of further slowdown in global economic and trade growth, competition in the international market is more intense. Trade Friction is increasing.

Zhu Hongren said that the profitability of Chinese enterprises is weakening. He quoted data as saying that since the two quarter, profits of Industrial Enterprises above Designated Size have been decreasing month by month, and sales profit margins have dropped from 6.27% in 3 to 6.27% in May to 5.97% in August. He pointed out that a large proportion of export oriented SMEs and light industry textile enterprises had lower profit margins than the above figures.

Zhu Hongren went to a shoe-making enterprise in Taizhou, Zhejiang Province, where the sale price of a pair of shoes was only 4.8 dollars, and profits accounted for a small part. When the RMB appreciated, the profits of the enterprises would be very obviously affected.