Profits Fell Sharply To 1.44%&Nbsp; Small And Medium Sized Textile Enterprises Approached Life And Death.

"Raw materials now

A recent survey shows that tens of thousands of small and medium-sized foreign trade enterprises in China are facing a severe test.

From Guangdong, Zhejiang, Jiangsu, Liaoning, Sichuan, Hubei's six major export provinces, foreign trade research shows that about half of these enterprises have lost profits, and some enterprises have increased or even failed.

After the investigation, the 6 major trade provinces also suggested that the state should maintain the stability of the export tax rebate policy.

The industry pointed out that under the present circumstances, the rate of tax rebate reduction for export commodities should not be too large, controlling 1 to 2 percentage points in the year, and trying to maintain a relatively stable export environment.

At present, small and medium-sized foreign trade enterprises have been close to the "life and death pass" under the joint action of commodity prices, price rises of raw materials and appreciation of RMB.

In April 26th, Yuan Xiaoming, director of the financial affairs department of the Ministry of Commerce, said that in 2010, the average profit rate of China's export enterprises was 1.47%, lower than the average profit level of industrial enterprises. In 2011 1 to February, the export profit rate of enterprises dropped further to 1.44%.

Under the influence of multiple factors, the affordability of foreign trade enterprises, especially traditional labor intensive export enterprises and small and medium-sized export enterprises, is limited.

At the Canton Fair, people from the market department of an electrical appliance company in Foshan indicated that the RMB exchange rate would be reduced by 1% or 16 thousand yuan, or about 100000 yuan, and the profits of enterprises would be reduced by about 5%.

A number of foreign trade companies reflect that at present, the price increase of enterprises can only be around 5%, which can not exceed 10% at most. Otherwise, the order will be lost to Southeast Asia and other regions. At the same time, the price increase will not offset the losses caused by the rising costs.

In April 22nd, the Ministry of Commerce issued the report on China's foreign trade situation (spring).

The report points out that the development of foreign trade enterprises is facing many difficulties and problems. The main factor is the rising cost of key elements, and the pressure on business continues to increase.

The first thing mentioned in the report is the rising price of raw materials.

Driven by the continuous rise in international commodity prices, domestic production prices continued to rise in the first quarter.

The flow of production data increased by 11.2% over the same period, of which 17.8% of refined oil prices, 17.6% of steel (4896,21.00,0.43%), 10.3% of non-ferrous metals and 8.8% of chemical products.

In addition, since the RMB restarted in June last year, the pace of appreciation has accelerated, and the pressure on foreign trade enterprises is self-evident.

Zhao Yufang, vice governor of Guangdong Province, said that it was estimated that the RMB exchange rate rose to 1 percentage points last year, and that the export enterprises in Guangdong increased the cost by about 8 billion yuan.