Average annual growth

19 May

More than three decades of reform and opening up, the average annual growth rate of Chinese exports over 16% from 2001-2008 experienced an unconventional, the average annual growth rate of 25%, but this is not normal, it is difficult to go back to a similar growth rate. The reason is that :2001-2007, the global economy, the extraordinary prosperity of the expansion of the world market is very fast; also accelerated the pace of integration into the world after China’s accession to the WTO. These two unconventional just integration with super-speed growth of Chinese exports.

2 investment and consumption growth in investment and consumption in 2011 is still difficult to come down significantly. Space is still positive factors including China’s domestic demand, household leverage is still low; negative factors including the experience of a stimulus, investment and consumption will return to normal.

Investment in infrastructure, the 2011 infrastructure investment growth has slowed, the Midwest will basically be a relatively weak growth. Real estate investment, the Government may continue to take from a tight situation, but also to increase public housing, affordable housing. Manufacturing investment in 2011 than this year has made significant progress, the current observation to the enterprises with foreign capital has begun to rebound, a relatively high capacity utilization in various industries, including iron and steel industry.

Brick house

18 May

Work as migrant laborers by decreasing

Decades, from Nanyang, Henan, Song Bin finally in Guangdong had a noisy reunion years, because this year his brother with his wife and children to work in Guangdong. Song Bin, over 50 years of age, 10 years ago, he saw the nephew and the nephew of the wife couple working in Guangdong for two years called home was built in the village the most impressive red brick house, heart action, to convince his wife came to work in Guangdong. several twists and turns finally found a stable job, Song Bin Houjie of a mobile phone accessories factory and became a custodian, kitchen help love another in the same park, factory canteens, two people combined monthly wages less than 3000 , but the Song Bin when the call to the home and every body demonstration to encourage home relatives and friends also went to work in Guangdong month of 1200 is not much, but over 50-year-old man could not do heavy work, in here easily play the monthly one time there are 1200 dollars, farming dry at home doing odd jobs throughout the year, slaving away to earn on ten thousand dollars, come out stronger than in the home. “Song Binfu women people living in the quarters of about 30 square meters factory to provide a bed and a TV table, the pasta machine on the table from his home, simple tableware, bottled wine, there are a few He Yan. Song Bin’s work without a break, the New Year is not home, but something you can ask someone else on behalf of classes and factory about half an hour walk from Houjie Town Center, the couple both free to go shopping, their favorite supermarket engage in the sale of meat and vegetables in winter, to buy back the play pot save and warm. Song Bin very satisfied with the status of their own lives.

Second generation

17 May

If the next 3-5 years failed to upgrade transition, coupled with no intention to take over in the second generation, Pearl River Delta, Hong Kong Factory, 60000, or 2 30% graduation ended.

Stanley Lau said in an interview the next month will enter a peak period when the power shortage situation is more serious. He said that the manufacturers use backup generators to two yuan per kWh, but the market price as long as 0.9 yuan, if the monthly average of one third of the power supply back-up generators, the monthly electricity costs an additional ten million to a few thousand dollars. “At present, the average cost rose by about one percent, but customers 3-5% of the the only kenga price, coupled with lack of electricity use back-up generator, some manufacturers gross margin may be only a single digit.”

Turning to the impact of power shortage on the business, he noted that in July of each year, manufacturers will discuss with the customer in the second half orders, especially the Christmas orders. However, due to unstable power shortage, coupled with gross margin pressure, many manufacturers have a single dare not full access, usually only willing to pick seven, eight.

Various wholesale

16 May

“According to the figures, various wholesale markets of the total area of Zhengzhou Railway Station area of 1 million square meters, the daily transaction volume of about 1.5 billion yuan. Zhengzhou Railway Station Area Administrative Committee official said.

In the wholesale market at the same time to bring intensive flow of the railway station, logistics, business flow, chaotic Zhengzhou Railway Station. “Although I was an old Zhengzhou railway station area, I can not not go, because where the traffic is gridlocked, poor sanitation and law and order, and variety of swindling more things!” Said Wei-Min Sun uncle who lives in the Mall Road.

Chinese workers return to work after the end of the Spring Festival, received a surprise. Wenzhou, Zhejiang TTN factory workers thought it would be to spend a period of order of the day, because of their traditional customers in Western Europe is experiencing an economic crisis.

However, the workers found work, they had to leave the state as soon as possible adjusted to complete the task overwhelmed, because the factory unexpected new markets in Russia and India received a big order.

Shanghai plans to set up 1000000000 Yuan Electronic Commerce Investment Fund

15 May

According to Xinhua news to effectively promote electronic commerce industry development in Shanghai City, Shanghai business appoint to the Shanghai Municipal Development and Reform Commission set up a electronic commerce investment fund, fund size of 1000000000 yuan.

It is reported, Shanghai city is currently planned for different industries were set up different poineering investment fund, the electronic commerce investment fund is one of.

Shanghai electronic commerce transaction volume in 2009 reached 325000000000 yuan, e-commerce transaction volume accounted for the proportion of total sales rose from 2.78% in 2002 to 10.16% in 2009, online shopping accounted for the proportion of total retail sales of consumer goods increased from 1.99% in 2003 to 5.02% in 2009, e-commerce transaction volume accounted for the proportion of GDP from 2002 4.69% up to 2009 21.81%.

Supermarket chains

14 May

No contact between each other

Foreign trade enterprises have “bent out” internally-owned retailers have no interest.

Let Houcui Ying impressed, she had removed a major exhibition of the East China Fair (East China Import and Export Commodity Fair “), foreign trade companies heard her domestic retail enterprises, even the promotional materials were unwilling to give.

Another chain industry veterans have similar memories: four years ago he went to attend the Canton Fair, as due to domestic retailers have been shut out, he tried to sneak into the security, almost a fight.

Wang fill a summary of chairman of Hunan backgammon supermarket chains, “(with the foreign trade vendor contact) to attack in a hot, eat a bunch of cold shoulder”. This allows to get used to the supplier site peddling supermarket bosses, rather embarrassing.

The credit quality of white paper: because our country ‘s year loss 585500000000

12 May

The first domestic system introduced social forces to promote quality of credit system construction of the white paper released yesterday. The paper disclosed, annual our country because of dishonesty caused economic losses of high of 585500000000 yuan, which because of counterfeit goods, product quality credit economic losses amounted to about 200000000000yuan.

The Sixth China Quality Credit summit convened yesterday, will be released on white paper points out, at present, our country ‘s credit rating agencies to approximately 50 homes, including the main business scope of enterprise credit rating, rating of loan project, corporate bonds and short-term financing bond credit rating, insurance and securities rating, but specialized in enterprise quality credit assessment institutions currently can be counted on one’s fingers. China’s annual economic losses caused because break one’s promise is very huge, white publishing institutions – China product quality association, the relevant responsible person said, to solve this problem, to improve the credit assessment cognition, form an effective regulatory system, to further strengthen the quality of credit assessment legislation, strengthen the relevant institutional independence and impartiality.

Qinghai cattle leather processing enterprises missed opportunities

12 May

In the winter, Xining major shopping malls shelves a variety of beautiful fur coats and handbags, but these exquisite leather products rarely produced in the province. At this point, the reporter visited the province related enterprises, as of now, the province has a leather processing enterprises.

As pasturage big province, data shows,2007, my province population of 4500000 cattle,15000000 sheep, cattle and sheep meat processing large-scale enterprises have 6, but cattle slaughtered cattle and sheep skins, with low prices were Hebei, Shandong and other places of business to buy off, leather processing brings high additional value and I save pariah.

Now, have a shrewd merchant of Qinghai aware of the bovine skin deep processing in a handsome profit. Qinghai Tai livestock products processing limited company manager Ma Wenzhong said, cattle skin after processing after the gross profit is more than 80% of the original leather, Qinghai cattle slaughtering enterprises but not sufficient conditions and capacity should be their own ” cake”,

Cosmetics and perfumes

11 May

Spring Festival travel abroad year after year is hot, rich people travel abroad is an important entertainment is to buy luxury goods.

The statistics show that: during the Spring Festival, Chinese people in the consumption abroad totaled $ 7.2 billion, a 15% increase in amount than expected, the highest point above consumer distribution of 46% in Europe, North America (19 percent), Hong Kong, Macao and Taiwan 35 percent, consumer target watches, leather goods, fashion, cosmetics and perfumes.

During the Spring Festival, Chinese consumers accounted for one third of the overseas luxury market. Which accounted for 62% of the total sales of European luxury goods market, accounting for 28% of North America, accounting for 69% of the Hong Kong, Macao and Taiwan. These data demonstrate that China has become the holidays outside the most luxury purchasing power of consumer groups, ranking first in the world.

Who in the consumption of luxury goods China whether the imposition of taxes on luxury goods?

10 May

In recent years, China’s high-end consumer market luxury wind cause a temporary clamour, according to global refund company survey,2009 in France purchase rebates commodities charts, Chinese tourists to buy duty-free goods amounted to158000000 euros, surpassing Russia become a champion. While the survey released data show that in 200950%, Chinese market of luxury consumption is mainly composed of” gift giving needs”.

Chinese tourists into” sweet pastry”

Chinese tourists have become the world luxury retailer’s eyes “xiangbobo”, especially our country mainland residents to emerge from the” foreign luxury goods consumer hot” your world to fix eyes upon.

According to Tony Tu advisory company recently released a report in2009, the Chinese luxury goods market grew by nearly 12%, to $9600000000, accounting for27.5% of global market. The next 5 years, the Chinese luxury goods market will reach 14600000000 dollar, occupy global luxury goods consumption is first. The Boston Consulting Group and the United States are more optimistic, they believe that in 2015 the Chinese luxury consumer value will reach248000000000 yuan.

Therefore, some experts suggest, can use tax policy design and system arrangement to guide and regulate the consumer behavior and way of life, such as a luxury tax. The collection of consumption tax on luxury goods, through taxation lever to guide and regulate the excessive consumption, can not only meet the high income of consumer demand, but also can increase revenue, but also adjust the gap between the rich and the poor.

Who is in the consumption of luxury goods?

Around the luxury most should discuss question is : who in the consumption of luxury goods? During the Spring Festival, thousands of Chinese tourists in New York ‘s most bustling Fifth Avenue” shopping spree”, foreign media have been dubbed the Chinese Spring Festival to the world.”"”. ” China50% luxury gifts” this finding suggests, about half of the luxury of being Chinese consumers to buy, is not the buyers themselves” luxury ” of a return, but for gifts. This also leads to a problem, become gifts luxury, what is the normal of reciprocity, or hidden invisible man ‘s ugly? Without a doubt, a luxury real consumers, most people either have the resources, or have the right.

Recently there have been reports of tiger bone wine, such as price, tobacco and heritage, is almost as power” tailored”, can be called ” special for the luxury luxury”, had already formed the industrial chain. Obviously, this is the domestic luxury industry chain. Then, the ” industrial chain”, does not exist” corruption chain”?

The collection? Two views on PK

Luxury tax is the syndrome also has two kinds of opinions, think the Levy said, it can adjust social allocation is unjust; that the levy people think, now a lot of things is the mass consumer goods, so only the consumption tax waste abroad, here for us to promote domestic demand no actual benefits.

In fact, China’s luxury goods consumption tax and reform has set a precedent, as early as April 1, 2006, the golf equipment, high-grade watches, yachts and other items for the consumption tax adjustment. Unfortunately, the current consumption tax related project adjustment range is very narrow, only including tobacco, wine and alcohol, cosmetics, skin care and hair care products, precious jewelry and jade jewelry, fireworks, gasoline, diesel oil, automobile tires, motorcycles, cars and other goods, most high-end luxury goods, such as high fashion, perfume, leather goods, luggage and so on, are not included in the collection category.

Recently MSN site on levy luxury tax investigation, netizens said that ” support” high amounts to 78.57%, do not approve of20.15%, responded “don’t know” is the 1.29%.

Supporters of the main viewpoint is: this helps to regulate social income distribution, avoiding the widening gap between rich and poor; let the consumer into the support of national tax, is a kind of rational choice.

Opponents think, it is the “capital growth ” crucial period, levy luxury tax and luxury tax will restrain consumption, may also lead to trade friction.

Outside the box

Reportedly, the luxury tax and luxury tax as the government regulation of production and consumption and the redistribution of social wealth means, has been widely adopted around the world. The United States of America provisions, the price over $30000and imposed a 10% tax on luxury cars. Sweden’s consumption tax is generally 20% to25%, the government does not encourage the consumption of some commodities, such as luxury, after-tax price may break up a few times.

In fact, so that consumers tend to be more rational, is the ultimate goal.

← Older Entries