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| Xinhua News Agency reports----Xu Bing, spokesman of Guangzhou fair, deputy director of China Foreign Trade Center said the NO.103 Guangzhou Fair is the biggest one in Guangzhou Fair history with 42,659 booths in total,18,721 overseas and domestic enterprises have anticipated. Thousands of these enterprises are foreign trade company, manufacturing enterprise, technology research institute, foreign invested enterprise, exclusive foreign-owned enterprise and private enterprise with good reputation and powerful strength. Meanwhile, many overseas and domestic consumers are attracted to come and purchase in the fair.In order to unveil the true condition of related industries in the fair, reporter has had interviews with some representative manufacturing enterprises of China. |
| Related person from DIGI ELECTRONIC LOCK CO., LTD, leading enterprise in exports of finger mark lock in recent years said that the industry is as well influenced by the appreciation of RMB, increasing cost of material and work force, facing some difficulties in export as other industries. But DIGI is always adhere to the policy of developing the enterprise with science and technology, continuously researching and inventing advanced high-tech finger mark lock with huge investment on the original basis, mastering the key technology, possessing many international intellectual property rights. Therefore, the strength of the enterprise is become increasingly stronger, the company has passed many international authentication and the products got many national patent. The product is fast innovating and upgrading and has a complete variety, which in return has a stable market share in the international market. The company got a prominent achievement during the fair, gaining larger market share and many orders. |
| Related person from Guangdong Textile Import & Export Company Limited said that since the beginning of this year, the appreciation of RMB is accelerated, our profit is almost half decreased of each exported garment and some enterprises in the same industry are even in a condition of losing. |
| Generally speaking, with the influence of various unfavorable factors such as the slide of global business index and the acceleration of RMB appreciation, polarization of manufacturing enterprise is occurred in the fair. For instance, compare with previous years, labour-intensive enterprise feels lonely, few consumer stop by and negotiate, fewer foreign businessman to sign agreement. Some enterprises are even not planning to attend the Guangzhou Fair from now on. On the other hand, the high-tech products increasingly find favour in foreign businessman. The deal statistics reveals that the electronic lock became one of the highlights and its volume has been increased by 29.87% compare with last fair in the same period, becoming one of the comparative fast growth products in deal. |
| Enterprise transformation, product extra value increasing, transferring from simple product manufacturing to brand establishment are the flinty challenges that most Chinese enterprises are encountered. Sincerely hope that most of the Chinese enterprises walk out of the difficult position and to receive a new round prosperity. |
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