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70% of the U.S. SUV lock "birth" of a factory in Zhejiang Province, China, and 7 Series BMW 3 Series to the leather chair by the sewing process has all of the completion of a factory in Zhejiang. Once called the "golden age" of Chinese manufacturing, but now feel the winter ahead of the "chill." According to the China Federation of Logistics and Purchasing the latest data, August purchasing managers index was 48.4, and 7 were unchanged. The index above 50 indicates that manufacturing expansion, below 50 indicates contraction. Similarly, CLSA (CLSA) to the latest data show that in August, China's purchasing managers index fell to 53.3 in July to 49.2, which is from November 2005 for the first time since the index below 50. More convincing data from the enterprise It is reported that nearly half of the 17 provinces in China's manufacturing enterprises are considering gone out of business, 44% of companies intend to sell export-oriented business. Pearl River about 60 000 -7 10 000 Hong Kong enterprises, nearly 10% of the plant is closed down this year. "Expansion era of the gold industry in China may have ended." USA Today senior editor for financial news site Christopher? Berg said so. Economist Andy Xie believes that "China is in an adjustment phase. In accordance with the operating rules of the market reform is the only way out." Price advantage is no longer "Previously, the Chinese parts enterprises also offer advantages, and now offer Indian and Southeast Asian countries and companies offer almost the same. China's enterprises rely on price alone can not win, we must face the global competition, and even loss of domestic orders. "September 11, Forum on the car in Suzhou, PAC Group, said that global sourcing manager GeneSlusiewicz. GeneSlusiewicz revaluation factor would give top priority. Raw material prices, labor law increases the cost of the impact of oil prices on transport, export tax rebate changes also affect the export advantage of Chinese enterprises. Christopher? Aimuboge considered in the analysis of the issue of currency appreciation, often people see RMB appreciation on China's export trade, in fact, the ultimate impact of currency appreciation in China is China manufacturing. In accordance with Aimuboge calculation, the yuan appreciation against the dollar by one percentage point each, manufacturing companies in China's foreign exchange earnings on the loss of half a percentage point. Re Breakthrough Significant decline in order to prevent the manufacturing sector, the state recently has established a series of economic stimulus package, including increased lending to SMEs quotas, textile export tax rebate rate increase and the cancellation of some administrative fees to reduce the burden on enterprises. Library of Congress's financial and international trade experts Morrison estimates that if these measures are in place, China's manufacturing contraction will not last long. National policy guidance in addition, from a business point of view, Marseille Business School professor Wang Hua suggested that China's manufacturing enterprises not to blindly pursue "low-cost slab longer", but should be in the "Operation and Management short board efforts. "he said, there is much room for future adjustment of industrial structure. "Today, some Chinese factories posted on the wall or lean production target of 20 years ago, the United States factory standards." GeneSlusiewicz hope that the Chinese manufacturing enterprises "in the execution, management and manufacturing philosophy of funds for the smooth operation and reduce waste quantity of a better investment. " We are high quality suppliers, our products such as 2.4G Wireless Mouse Manufacturer , Automobile Gps Navigation for oversee buyer. To know more, please visits Portable Car Gps Navigation.
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