All along, the Chinese economy is mainly an economy driven by external investment and product exports. Profits from exports have driven the rapid development of a large number of domestic industries, especially in the electromechanical industry.
After China's accession to the WTO in 2003, the Chinese mechanical and electrical industry entered a fast track, and its investment and export both flourished and reached new heights. However, the financial turmoil of 2008-2009 was like a heavy blow to many hardware and electromechanical companies, giving the electromechanical people another chance to think: The high-growth of the *** is difficult to withstand the industrial crisis, so how can we be in the market? Is the competition invincible? The author believes that in order to answer this question, we must understand the world economic and political development trends and trends in the development of the industry, as well as new economic forms, such as the impact of electronic commerce on the electromechanical industry.
Why does China's mechanical and electrical products have a greater competitive advantage over other countries' mechanical and electrical products? This is mainly due to the low cost advantage. The cost components are composed of raw materials, equipment, energy, manpower, land, capital, environment, exchange rate, technology, information, and supply chain. If these advantageous resources gradually lose their competitiveness, the electromechanical industry must take precautions and figure out the crisis exports.
1, equipment. As far as equipment is concerned, the stability and accuracy of China’s equipment manufacturing industry still do not reach the international level. Therefore, many manufacturing equipments are imported from Germany, Japan, and the United States. It seems that China does not have equipment in terms of equipment. price advantage.
2, raw materials. The non-renewable nature of the earth’s resources has caused raw materials to gradually dry out, such as steel. Since iron ore is in the hands of a few oligarchs like Rio Tinto and BHP Billiton, the price of iron ore has risen steadily in recent years, leading directly to cost It will be transformed into steel and final products, and this trend will continue.
3, manpower. Human resources have always been the core of China’s competitiveness, but the flashes and migrant shortages at the beginning of 2010 have already broken this myth. With the family planning implemented for more than 30 years and the continuously rising price level, the increase in wages has increased. The human resources market has become the main theme in the year. According to the national plan, it is expected that the wages of workers will double during the 12th Five-Year Plan period, which means that the labor cost will also double.
4, funds. China’s inflationary pressures are increasing. The country’s monetary contraction policy continues to increase. Over-reliance on monetary easing during the economic crisis is returning to normal. The rise in CPI will result in several increases in interest rates, and the final result will be the cost of capital. Increased.
5. Exchange rate. The link between the United States dollar and the US dollar has boosted the growth of China's exports. On the one hand, it has created a good trading environment for China and has also accumulated a huge trade surplus. This has also brought pressure on China's exchange rate reform. Since the exchange rate reform was launched in 2005, the exchange rate of the *** against the US dollar has risen by more than 20%. Although in the course of the economic crisis in 2009, *** relocked to the US dollar, but with the global economy picking up, the *** exchange rate has become The focus of attention in Western countries, under heavy pressure, China in September 2010 to restart the process of appreciation of the ***, is expected in the next few years, *** will appreciate more than 20%.
All along, the Chinese economy is mainly an economy driven by external investment and product exports. Profits from exports have driven the rapid development of a large number of domestic industries, especially in the electromechanical industry.
After China's accession to the WTO in 2003, the Chinese mechanical and electrical industry entered a fast track, and its investment and export both flourished and reached new heights. However, the financial turmoil of 2008-2009 was like a heavy blow to many hardware and electromechanical companies, giving the electromechanical people another chance to think: The high-growth of the *** is difficult to withstand the industrial crisis, so how can we be in the market? Is the competition invincible? The author believes that in order to answer this question, we must understand the world economic and political development trends and trends in the development of the industry, as well as new economic forms, such as the impact of electronic commerce on the electromechanical industry.
Why does China's mechanical and electrical products have a greater competitive advantage over other countries' mechanical and electrical products? This is mainly due to the low cost advantage. The cost components are composed of raw materials, equipment, energy, manpower, land, capital, environment, exchange rate, technology, information, and supply chain. If these advantageous resources gradually lose their competitiveness, the electromechanical industry must take precautions and figure out the crisis exports.
1, equipment. As far as equipment is concerned, the stability and accuracy of China’s equipment manufacturing industry still do not reach the international level. Therefore, many manufacturing equipments are imported from Germany, Japan, and the United States. It seems that China does not have equipment in terms of equipment. price advantage.
2, raw materials. The non-renewable nature of the earth’s resources has caused raw materials to gradually dry out, such as steel. Since iron ore is in the hands of a few oligarchs like Rio Tinto and BHP Billiton, the price of iron ore has risen steadily in recent years, leading directly to cost It will be transformed into steel and final products, and this trend will continue.
3, manpower. Human resources have always been the core of China’s competitiveness, but the flashes and migrant shortages at the beginning of 2010 have already broken this myth. With the family planning implemented for more than 30 years and the continuously rising price level, the increase in wages has increased. The human resources market has become the main theme in the year. According to the national plan, it is expected that the wages of workers will double during the 12th Five-Year Plan period, which means that the labor cost will also double.
4, funds. China’s inflationary pressures are increasing. The country’s monetary contraction policy continues to increase. Over-reliance on monetary easing during the economic crisis is returning to normal. The rise in CPI will result in several increases in interest rates, and the final result will be the cost of capital. Increased.
5. Exchange rate. The link between the United States dollar and the US dollar has boosted the growth of China's exports. On the one hand, it has created a good trading environment for China and has also accumulated a huge trade surplus. This has also brought pressure on China's exchange rate reform. Since the exchange rate reform was launched in 2005, the exchange rate of the *** against the US dollar has risen by more than 20%. Although in the course of the economic crisis in 2009, *** relocked to the US dollar, but with the global economy picking up, the *** exchange rate has become The focus of attention in Western countries, under heavy pressure, China in September 2010 to restart the process of appreciation of the ***, is expected in the next few years, *** will appreciate more than 20%.
After China's accession to the WTO in 2003, the Chinese mechanical and electrical industry entered a fast track, and its investment and export both flourished and reached new heights. However, the financial turmoil of 2008-2009 was like a heavy blow to many hardware and electromechanical companies, giving the electromechanical people another chance to think: The high-growth of the *** is difficult to withstand the industrial crisis, so how can we be in the market? Is the competition invincible? The author believes that in order to answer this question, we must understand the world economic and political development trends and trends in the development of the industry, as well as new economic forms, such as the impact of electronic commerce on the electromechanical industry.
Why does China's mechanical and electrical products have a greater competitive advantage over other countries' mechanical and electrical products? This is mainly due to the low cost advantage. The cost components are composed of raw materials, equipment, energy, manpower, land, capital, environment, exchange rate, technology, information, and supply chain. If these advantageous resources gradually lose their competitiveness, the electromechanical industry must take precautions and figure out the crisis exports.
1, equipment. As far as equipment is concerned, the stability and accuracy of China’s equipment manufacturing industry still do not reach the international level. Therefore, many manufacturing equipments are imported from Germany, Japan, and the United States. It seems that China does not have equipment in terms of equipment. price advantage.
2, raw materials. The non-renewable nature of the earth’s resources has caused raw materials to gradually dry out, such as steel. Since iron ore is in the hands of a few oligarchs like Rio Tinto and BHP Billiton, the price of iron ore has risen steadily in recent years, leading directly to cost It will be transformed into steel and final products, and this trend will continue.
3, manpower. Human resources have always been the core of China’s competitiveness, but the flashes and migrant shortages at the beginning of 2010 have already broken this myth. With the family planning implemented for more than 30 years and the continuously rising price level, the increase in wages has increased. The human resources market has become the main theme in the year. According to the national plan, it is expected that the wages of workers will double during the 12th Five-Year Plan period, which means that the labor cost will also double.
4, funds. China’s inflationary pressures are increasing. The country’s monetary contraction policy continues to increase. Over-reliance on monetary easing during the economic crisis is returning to normal. The rise in CPI will result in several increases in interest rates, and the final result will be the cost of capital. Increased.
5. Exchange rate. The link between the United States dollar and the US dollar has boosted the growth of China's exports. On the one hand, it has created a good trading environment for China and has also accumulated a huge trade surplus. This has also brought pressure on China's exchange rate reform. Since the exchange rate reform was launched in 2005, the exchange rate of the *** against the US dollar has risen by more than 20%. Although in the course of the economic crisis in 2009, *** relocked to the US dollar, but with the global economy picking up, the *** exchange rate has become The focus of attention in Western countries, under heavy pressure, China in September 2010 to restart the process of appreciation of the ***, is expected in the next few years, *** will appreciate more than 20%.
All along, the Chinese economy is mainly an economy driven by external investment and product exports. Profits from exports have driven the rapid development of a large number of domestic industries, especially in the electromechanical industry.
After China's accession to the WTO in 2003, the Chinese mechanical and electrical industry entered a fast track, and its investment and export both flourished and reached new heights. However, the financial turmoil of 2008-2009 was like a heavy blow to many hardware and electromechanical companies, giving the electromechanical people another chance to think: The high-growth of the *** is difficult to withstand the industrial crisis, so how can we be in the market? Is the competition invincible? The author believes that in order to answer this question, we must understand the world economic and political development trends and trends in the development of the industry, as well as new economic forms, such as the impact of electronic commerce on the electromechanical industry.
Why does China's mechanical and electrical products have a greater competitive advantage over other countries' mechanical and electrical products? This is mainly due to the low cost advantage. The cost components are composed of raw materials, equipment, energy, manpower, land, capital, environment, exchange rate, technology, information, and supply chain. If these advantageous resources gradually lose their competitiveness, the electromechanical industry must take precautions and figure out the crisis exports.
1, equipment. As far as equipment is concerned, the stability and accuracy of China’s equipment manufacturing industry still do not reach the international level. Therefore, many manufacturing equipments are imported from Germany, Japan, and the United States. It seems that China does not have equipment in terms of equipment. price advantage.
2, raw materials. The non-renewable nature of the earth’s resources has caused raw materials to gradually dry out, such as steel. Since iron ore is in the hands of a few oligarchs like Rio Tinto and BHP Billiton, the price of iron ore has risen steadily in recent years, leading directly to cost It will be transformed into steel and final products, and this trend will continue.
3, manpower. Human resources have always been the core of China’s competitiveness, but the flashes and migrant shortages at the beginning of 2010 have already broken this myth. With the family planning implemented for more than 30 years and the continuously rising price level, the increase in wages has increased. The human resources market has become the main theme in the year. According to the national plan, it is expected that the wages of workers will double during the 12th Five-Year Plan period, which means that the labor cost will also double.
4, funds. China’s inflationary pressures are increasing. The country’s monetary contraction policy continues to increase. Over-reliance on monetary easing during the economic crisis is returning to normal. The rise in CPI will result in several increases in interest rates, and the final result will be the cost of capital. Increased.
5. Exchange rate. The link between the United States dollar and the US dollar has boosted the growth of China's exports. On the one hand, it has created a good trading environment for China and has also accumulated a huge trade surplus. This has also brought pressure on China's exchange rate reform. Since the exchange rate reform was launched in 2005, the exchange rate of the *** against the US dollar has risen by more than 20%. Although in the course of the economic crisis in 2009, *** relocked to the US dollar, but with the global economy picking up, the *** exchange rate has become The focus of attention in Western countries, under heavy pressure, China in September 2010 to restart the process of appreciation of the ***, is expected in the next few years, *** will appreciate more than 20%.