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Significant recovery in the Pearl River Delta toy industry, trade barriers have not been eliminated by qrt etget





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Significant recovery in the Pearl River Delta toy industry, trade barriers have not been eliminated by
Article Posted: 03/20/2011
Article Views: 87
Articles Written: 2163
Word Count: 554
Article Votes: 0
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Significant recovery in the Pearl River Delta toy industry, trade barriers have not been eliminated


 
Business,Business News,Business Opportunities
According to the latest statistics, this year, the Pearl River Delta area of toy exports are showing clear signs of recovery, but the industry said that the toy companies still face trade barriers such as the development of multiple constraints. The U.S. market improves to a good toy enterprises According to customs statistics recently released show that from January to February of this year, Guangdong's toy exports 720 million U.S. dollars, compared with same period last year 26.3%; in February, exports 330 million U.S. dollars, an increase of more Almost half. There is no doubt the U.S. market better to bring good foreign trade enterprises in Guangdong. From January to February of this year, Guangdong exported toys only the amount of the U.S. reached 260 million U.S. dollars, an increase of 14.5%, accounting for the same period in Guangdong toy export value 36.1%. Shenzhen, as one of the major cities of export toy, after a sustained decline since 2009, the last in December turned up in February this year, even a year to grow rapidly. From the customs data, in the first two months of Shenzhen Port toy export value of 330 million U.S. dollars, up 12% over the same period last year. In which rapid growth of private sector exports, export 60.41 million U.S. dollars, surged 1.1 times the proportion of 9.7% from the same period last year rose to 18.5%. Trade barriers and other factors in the industry, said development of the industry While these data on the toys have been a clear recovery, but the barriers faced by the industry has been there. Toy Association Guangdong Province, LI Zhuo-ming, executive vice president, said: "the development of the Guangdong toy companies still face trade barriers, costs, and so multiple constraints." Toy companies have also said that the toy industry is still faced with multiple challenges. Driven oil prices needed for the production of plastic toys, cloth, paper, etc. marked increase in the price and increase the cost of production pressures; escalating trade barriers on China's toy export enterprises put forward higher requirements, some of the more backward, unable to meet the relevant policies and regulations of enterprises will be phased out risks; in February 2010, the European Commission non-food early warning systems (RAPEX) has issued a recall of the information 265, which initiated the recall of China a total of 171, is the industry's quality and safety are still hidden. Industry recommended the establishment of export market diversification risks To this end, LI Zhuo-ming suggested that because of these factors, toy companies do not hang in a tree that many of the foreign trade enterprises have a single export from the past to "walking on two legs", should speed up and reach out into the domestic market. Shenzhen Customs recommendations to improve internal quality control system of the toy industry, improve product safety and quality is also necessary to better utilize free trade area with the concession, and actively explore the ASEAN, South America and other emerging markets, and gradually establish a diversified export market structure better able to resist the market risk capacity.

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