China Cabinet exports' advantage and disadvatage(9/3/2010)

Cabinet based on a large international market, domestic cabinet industry after 10 years of development, in competition for the domestic market share, it began to actively develop the overseas market action. At present, China's export range cabinet except the United States, Japan, Europe, the world's three major cabinet market, has been developed to India, Pakistan and Southeast Asia, the Middle East, Africa and other countries. In the European market, except the use of traditional Chinese cabinets International Fair in Cologne, Amsterdam exhibition fairs held in the large-scale exports, but also the establishment of overseas business organizations, maintain a year-round trade, export prospects are very bright.

General Administration of Customs released the latest set of data: first half of 2010 from January to June, China's furniture exports amounted to 15.972 billion U.S. dollars, up 32.4% over the same period last year. Into 2010, the euro exchange rate has fallen drastically, even to the U.S. dollar was flat trend. So that domestic economic sector after the financial crisis China's exports rise slightly full of worries. In this shock, the Chinese furniture exports have seen a gratifying increase, which greatly encouraged the morale of the Chinese furniture industry. As a result, domestic economists, the media are on the second half of 2010, exports of furniture to be optimistic.

Exchange rate instability in export-oriented enterprises plagued

But in the global economy is still confusing to present, China's economic growth has been as "troika" of the export, it can always become the manufacturing source of income? Total sales value of exports has been more than 30% of China's furniture industry exports are really usher in the "spring"? Chinese furniture exports in the second half the way, it really was so flat?

Appreciation of the renminbi is an incentive for sustainable development to take "the same amount of price increase"

External competitive pressures increasing, support the internal furniture export growth momentum is obviously inadequate. Although the General Administration of Customs released from the first half of the export figures, the number of furniture was very gratifying, but the growth rate is affected by the financial crisis on the most deeply drawn first half of 2009. As the first half of 2009 is the most gloomy period furniture exports, exports of cut down a base of comparison. Meanwhile, the yuan's appreciation is the incentive for growth of furniture exports. Financial crisis, domestic furniture export companies to give up a lot of dollars, instead of RMB as trade settlement currency, and this success rate of China's furniture export growth.

Whether international trade, as always, China's furniture industry's sources of income?

This data's been interviewed Zhu Changling, vice chairman of China Furniture Association. He said the first half of the volume of export growth is not synchronous with the price rise, while exports show growth, but the total exports of Chinese furniture is no growth. Not people in the comfort of exports, there still exists a certain proportion of "stock up" phenomenon. European and American furniture companies during the financial crisis consuming the inventory needs replenishment this year. However, long-term stability to support export growth in purchasing power terms, European and American furniture consumer market there has been no signs of recovery, replenishment is no longer a short time after a large number of orders.

Export-oriented enterprises to avoid the risk of the Yangtze River Delta furniture export turn the tide

"External and internal problems" in the encouragement of our export-oriented furniture industry's self-improvement. Export enterprises assembling furniture production base in the Yangtze River Delta, China furniture exports "labor pains" and "transformation" is conceived in the deep. In addition to the national furniture industry commonplace the introduction of modern management, reporters saw a lot of the Yangtze River Delta furniture manufacturers are continually extending their product line. Meanwhile, Yuhuan area furniture companies are Baotuan emerging markets - the Middle East, Europe and the United States in order to fill the lack of demand caused by weak market.

(Author Mosaic and Tile, China Leiyuan 9/3/2010)

Previous News:
UK, Europe, related to certification of imported ceramic(9/2/2010)

Next News:
The first stone of Xinjiang fair in Central Asia Expo Grand Opening(9/6/2010)