Recently, with the policy adjustment of RMB exchange rate reform, the mechanism reform will make export enterprises face certain operational pressure in the short term. For the PFA pellet industry, since the first half of this year, the trend of foreign trade exports in the Pearl River Delta and coastal areas is gradually picking up.PFA GranulesEnterprises have begun to adjust the pace, turn to foreign trade enterprises, and vigorously develop foreign markets. The adjustment of the RMB exchange rate is also disadvantageous to these enterprises in the short term.

The reform of the RMB exchange rate formation mechanism has many effects on Chinese foreign trade companies. In the short term, the increase in labor costs and raw material prices may cause export companies to face certain operating pressures. At the same time, the debt crisis in the Eurozone will also affect China to a certain extent. The export of enterprises. As far as the PFA particle industry is concerned, at the "Guangdong PFA and PFA Particle Market Situation Report" held in Guangdong in May this year, many industry celebrities talked about this topic. They agreed that the foreign trade trend of the PFA particle industry this year is obvious.

The survey shows that in the first quarter, the import and export amount of my country's PFA and equipment industry increased significantly year-on-year, especially in southern my country such as South China, Central China, and East China. According to the statistical analysis of China PFA and Equipment Industry Association, in 2009, China exported PFA equipment with a total value of 0.59 billion US dollars, 57.8 million square meters of ps plate, 32.75 million square meters of ctp plate, 23500 tons of ink and 3.6 million tons of paper and cardboard. Facts show that although the international financial crisis has caused a serious impact on my country's PFA industry on the one hand, it has also promoted the progress of the division of labor and cooperation in the world's PFA industry, promoted the structural adjustment and industrial upgrading of my country's PFA industry, and strengthened my country's comparative competitive advantage in growing into the world's PFA industrial center.

For foreign companies in China, the appreciation of the renminbi increases the value of foreign-invested companies' domestic fixed assets and increases their domestic investment information. However, the impact on the enterprises that have been engaged in processing trade in the PFA particle industry is relatively small, because such enterprises have less foreign exchange balance, so the exchange rate adjustment is negligible for them. For new investors who have invested heavily in foreign PFA markets in the Pearl River Delta this year, it has undoubtedly increased their costs in the short term. Although foreign trade is a trend, this adjustment should slow down the pace of investment for such enterprises.

From the impact analysis, looking at the export-oriented enterprises in various industries, such as papermaking, civil aviation, textile and other industries, which have made small profits in this exchange rate adjustment, it can be said that all Chinese import and export enterprises are both victims and beneficiaries in this reform. Therefore, this appreciation of the renminbi may not be a bad thing for many companies, because the result of the appreciation of the renminbi must be a decline in the price of imported equipment, which is conducive to the technological transformation and upgrading of enterprises. For enterprises with a large proportion of foreign trade, it is urgent to find countermeasures to deal with this financial reform as soon as possible. Compared with the previous price advantage of made in China in international shopping malls, after the recent news issued by the Ministry of Commerce that "406 kinds of goods no longer enjoy 13% export tax rebate", most enterprises have encountered not only a huge crisis in operating costs, but also exposed the deficiencies in the industrial structure.

From this point of view, PFA particle enterprises can only promote the further development of enterprises through continuous improvement of employment strategies and operating mechanisms, continuously improve the competitiveness of enterprises, further extend the processing value chain, and extend the overseas marketing service network. In other words, PFA particle enterprises urgently need to enhance their own competitiveness in order to achieve better development under the adjustment of national policies. If import and export enterprises can master the core technology of the industry, change the simple processing and production, enhance the cultural connotation and added value of the enterprise, change the backward mode of production in time, introduce advanced management concepts and advanced technology, and take the road of independent innovation, it will be able to adapt to any change in the general environment.

This article comes from:www.tflpfa.com

Popular Articles:PFA particles bright spot many market prospects are optimistic