electronics

Developmentstatus

Inthefirsthalfof2008,mycountry’sexportofmechanicalandelectricalproductswasUS$388.88billion,anincreaseof25.4%,accountingfor58.3%ofthetotalexportvalueinthesameperiod,anincreaseof1.6%overthesameperiodin2007.Amongthem,theexportofelectricalandelectronicproductswasUS$160.7billion,anincreaseof24.8%;theexportofmachineryandequipmentwasUS$128.06billion,anincreaseof22.6%.Theexportofhigh-techproductswasUS$196.17billion,anincreaseof21.8%.Amongthem,importsofmechanicalandelectricalproductsamountedtoUS$265.38billion,anincreaseof18.9%.

Theaveragenumberofordersonhandbyenterpriseshasincreased,buttheirexpectationsforfutureexportgrowtharenotoptimistic.Accordingtothequestionnaire,about27%ofthecompaniesindicatedthattheirordersinhanddecreasedyear-on-year,26%ofthecompanies’orderswereflat,47%ofthecompanies’ordersincreased,and21%ofthecompanies’ordersincreasedbymorethan20%.However,companiesaremoreworriedthatitisdifficulttojudgethefuturetrendofrisingrawmaterialpricesandappreciationoftherenminbi,andtheyareveryworriedabouttheconditionsandenvironmentforthedevelopmentofforeigntrade.

Theadjustmentofcorporateproductstructureshiftsfrompassivetoactive.Duetochangesinthesituation,uncertainfactorsincrease,andcorporateenduranceandresiliencecontinuetoincrease.Thedevelopmentofenterpriseshasshiftedfromblindexpansiontorationalself-control.Therisksoftradefrictionsareincreasing,andthetradebetweentheUnitedStatesandEuropeisnotoptimistic,andthechallengesoutweightheopportunities.

Developmentprospects

Althoughtheexportofmechanicalandelectricalproductsisgrowingwell,accordingtothesurveyofenterprisesbytheChinaChamberofCommerceforImportandExportofMachineryandElectronics,thecompany’scostsarerising,pressureisincreasing,andprofitsaredeclining.Mostcompaniesbelievethatthemainfactorsleadingtorisingcostsaretherisingpricesofrawmaterials,therapidappreciationoftherenminbi,andtherisinglaborprices,andthegrowthratehasexceededbusinessexpectations.Takingtheabovefactorsintoconsideration,theaveragecostofenterpriseshasrisenbyabout10-20%.

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