日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Dongguan 'remains processing trade hub'

By Qiu Quanlin in Guangzhou | China Daily | Updated: 2013-05-22 05:36

Dongguan 'remains processing trade hub'
A worker inspects a circuit board at an electronics factory in Dongguan, Guangdong province. Appreciation of the yuan has put huge pressure on smaller-scale businesses in the Pearl River Delta region, forcing some to relocate or shut down altogether. [Photo/Xinhua]

Local companies under pressure from rising yuan, upgrading costs

Local government officials have insisted that Dongguan remains a top destination for processing trade businesses, despite recent closures in the city being blamed on the continued strength of the yuan.

He Yu, Dongguan's vice-mayor, acknowledged that some processing trade businesses had closed since the end of last year, but he said those were due to what he called a "provincial-wide industrial reshuffle", which will not affect the city's overall economy.

A report in China Times last week claimed that a growing number of processing trade enterprises in Dongguan and nearby Shenzhen - both in Guangdong province - especially those funded by Hong Kong and Taiwan businesspeople, have been forced to close because of various market factors, particularly the rising value of the yuan.

According to the China Foreign Exchange Trade System - also known as the National Interbank Funding Center - the yuan advanced 87 basis points to 6.1911 against the dollar on Tuesday, the highest level since China's foreign exchange reform in 2005.

On China's foreign exchange spot market, the yuan is allowed to rise or fall by 1 percent from the central parity rate each trading day.

Early on Monday, the yuan weakened 1 basis point to 6.1998 against the dollar, according to the exchange trade system.

Dongguan, in the heart of the Pearl River Delta, is considered one of the world's top manufacturing hubs.

Officials said it is home to more than 330,000 enterprises, most of which are engaged in the processing trade, or the business of importing and assembling materials, parts and components.

"Only 800 enterprises closed last year. It is rational, given that we are making efforts to help upgrade this traditional industry," He told China Daily.

Since 2008, more than 4,000 traditional processing trade enterprises in Dongguan have upgraded their operations, without having to close, sources with the local government said.

Alongside some closures, He said there have also been a rising number of new businesses being opened in the city, including more than 1,000 in the city's Dalang township.

Dongguan 'remains processing trade hub'

According to industrial upgrading guidelines, issued by the provincial government in 2008, traditional processing trade industries were encouraged to move from the Pearl River Delta region by the end of 2012 to eastern, western and northern areas of Guangdong, where labor and production costs are comparatively lower.

High-end and financial service businesses, meanwhile, were encouraged to move into the Pearl River Delta region.

The guidelines also encouraged processing trade business - which used to depend on exports for growth - to focus on the domestic market.

And to promote the industry, local officials launched the annual China Processing Trade Products Fair, being held this year from June 19 to 21.

"The fair aims to help traditional processing trade enterprises turn their attention on the domestic market," He said.

Processing trade industries have thrived in the Pearl River Delta region since the 1980s, when many Hong Kong and Taiwan businesses moved there to trade with overseas clients.

However, the appreciation of the yuan and increased production and labor costs have made the industry upgrades being encouraged by local authorities difficult for some businesses.

"A growing number of smaller-scale processing trade enterprises have closed operations or transferred to other Asian regions after they found it difficult to make profits in the domestic market," said Huang Guoyi, assistant manager of a chamber of commerce in the Songgang township in Shenzhen.

Liu Chengming, the owner of a shoe manufacturing enterprise in Huizhou, which neighbors Dongguan and Shenzhen, said the rise of the yuan had narrowed his profit margins over the past few years.

"Overseas clients have demanded a lower price as the yuan appreciated," Liu told China Daily.

His company moved from Dongguan in August last year to Huizhou, where labor costs are lower.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 久久99久久99精品免观看粉嫩 | 水密桃av| 国产精品精品久久久久久 | h网站在线观看 | av免费观 | 99精品欧美一区二区蜜桃免费 | 开心春色激情网 | 欧美一级黄 | 婷婷久久综合 | 在线观看中文字幕视频 | 国产一区在线观看免费 | 亚洲精品a | 日韩成人免费视频 | 欧美理论在线观看 | 午夜视频免费在线观看 | 巨骚综合 | 欧美精品久久久久久久久46p | 天天爱天天做天天操 | av网站免费在线 | 巨骚综合| 中日韩一级黄色片 | 成人精品999 | 在线观看xxxx | 亚洲性图第一页 | 国产区91| 亚洲精品福利在线观看 | 亚洲精品伦理 | 免费看成人毛片 | 国产精品三 | 6699嫩草久久久精品影院 | 国产激情视频 | 色99色 | 日韩精品一区不卡 | 极品色av影院 | 久色资源 | 丁香婷婷综合网 | 免费成人小视频 | 亚洲精品xxxx | 国产美女久久久久 | 一本色道久久综合亚洲精品按摩 | 深夜福利一区二区三区 |