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Chinese Footwear Manufacturers Are No Longer Low by sgbvdf asga
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Chinese Footwear Manufacturers Are No Longer Low |
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Business,Business News,Business Opportunities
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Dongguan is a manufacturing city in southern China, in the local footwear industry, the average monthly wage of 960 yuan. As one of Nike's largest contract factories, Yue Yuen Industrial is given is 1472 yuan monthly salary. In a lot of companies are the problem of rising costs of headaches for the industry, this gap would have been trouble. But Yue Yuen Industrial is booming, a fact that may be outside of the Pearl River Delta, Dongguan as well as a reference for manufacturers. The past 5 years, China's export prices have been rising. UBS economist Jonathan - Anderson (JonathanAnderson) in a recent research report said: "(China trade) partner country data show that in U.S. dollar terms, by 2003, imports of footwear from China , toys, Furniture And Textile Prices fell by about 3% per year, but after 2003, the annual increase to 3-4%. " Taking into account the cost of labor is only one of the problems, and Yue Yuen Industrial and other enterprises face increasingly higher costs of many, so the price increases in recent years can be described as very mild. As Taiwan's Pou Chen Group, a subsidiary listed in Hong Kong, Yue Yuen Industrial has been able to Digestion Absorb cost rises, which for people to understand why China's export growth has provided some clues. The Chinese government last week's trade and inflation data showed that Chinese exporters is how difficult the operating environment. 11, the Chinese government announced in February of this year Consumption The producer price index rose 8.7% from a year earlier, a 12-year high?? Severe snowstorms in January of this year due to commodity shortages exacerbated by inflation. That exporters make matters worse, since the mid-2005, the RMB exchange rate against the dollar has risen 15%, now about to break through 7 to 1 mark. Basic inflationary pressures in China matters because the exporter inflation is likely to make it more difficult to absorb the impact of domestic cost pressures. Although this year's harsh winter weather, such as seasonal factors such as a serious distortion of trade data, China in January to February's trade surplus fell 29% from a year earlier to 28 billion U.S. dollars, suggesting a possible future situation. Morgan Chase China Securities Jing President Marketing, said in a research report: "We expect (China) in March export figures to rebound, but we still expect this year's export growth would have been a more moderate slowdown in ... ... slowdown in China's export industry is facing significant economic growth, one of the risks. "She referred to the reduced demand for OECD economies. On the OECD's exports account for two thirds of China's total exports. However, the Yue Yuen factory in Dongguan, China's export industry for the flexibility to provide a sufficient evidence. Last year, Guangdong footwear exports increased 14.6% to 9.6 billion U.S. dollars, textile exports rose 18.4% to 420 million. Yue Yuen Industrial, and other large exporters to benefit from its first large scale of operations. For instance, Yue Yuen Industrial is located in Dongguan, Nike foundry business has 27,000 employees and 14 million pairs of footwear produced per year?? But this is only the total number of employees up to 10 million, larger manufacturing group a small part of total output. Yue Yuen Industrial wages higher than the industry average of 50%, but it is relatively expensive labor costs also cover the productivity incentive measures. Most shoe companies in Dongguan, the average monthly wage is basically working hours and overtime decisions, and their overtime hours often exceed the legal limit. However, Yue Yuen Industrial, the average wage is only about two-thirds of hourly wages. Nike is responsible for Corporate Responsibility Hanna, vice president - Jones (HannahJones) said: "If you have extra questions, you will have the quality and delivery problems." Yue Yuen Industrial Average salary the remaining one-third, from team-unit Production Line Achieved productivity and quality targets. I am China Toys Suppliers writer, reports some information about drawstring storage bags , monogrammed cosmetic bags.
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