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Himfr Reports China's export bags to accomplish much

By: himfr

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According to the China Light Industry Arts & Crafts Import and Export Chamber of Commerce, the information provided, our labor-intensive export products, bags have become a more prominent product, especially since last year, China's rapid export growth bags. Currently most of our luggage products are middle and low product, high value-added and low-tech products, most of the weak awareness of IPR protection company, imitate the more innovative small; more popular and dependable, less own brand. To this end, the industry believes that our luggage enterprises should further accelerate the pace of the world, the progressive realization of the product output to the export of capital, brand output changes, as soon as luggage create an international brand in China.

Competitive export growth
2002 is the first year of China's accession to the WTO, but also bags a year export growth. According to customs statistics, last year China's exports amounted to 4.088 billion bags, up 21.36 percent; export value of 4.358 billion U.S. dollars, up 12.41 percent. In the labor-intensive export products, bags have become a more prominent products.

Export prospects for the development of bags should be noted that the current sluggish world economy and trade. Iraq war and the strengthening of international trade protectionism, and other factors will affect China's export bags, particularly the part of the labor-intensive products, as exports large quantities, price, and can easily lead to foreign anti-dumping and safeguard measures. Currently, the U.S. International Trade Commission, 332 under the terms of the U.S. tariffs on five types of Chinese textile exports to the U.S. initiate an investigation, which had spun fabric on plastic bags to take trade remedy measures, will seriously affect our luggage exports.

Space to consolidate the traditional export market expansion
According to customs statistics, in January 2003 to February, China exported 628 million bags, up 14.32%; export amount of 685 million U.S. dollars, up 15.81%; average unit price of 1.09 U.S. dollars / month, up 0.93%. Following the tradition from our bags four major export market for analysis.
EU:

As China's largest export market bags in recent years, China's exports to the EU luggage remained 159 million, the export amount of 193 million U.S. dollars, up 14.32 percent year on year respectively and 15.81%.
This year, EU countries have to improve environmental standards for products, issued a number of successive regulations, such as the 2003/03/EC "the new EU directive prohibiting the use of azo dyes," and the EU Council of Ministers Regulation No. 138/2003 published in the first "EU's Special Safeguard Measures", etc.. The uneven development of the EU member states have also affected the import bags. According to statistics, in January to February this year, China to Germany, Italy, Spain, the Netherlands, Belgium, Sweden, Denmark and Austria, the amount of bags have different levels of export growth; while Britain, France, Greece, Portugal, Finland Irish exports have decreased greatly. It is predicted that this year our exports to the EU's bags will have a certain growth.

United States:
The United States is our luggage out of the last two years the biggest growth market. According to the U.S. Department of Commerce data on merchandise trade statistics, as of the end of 2002, the United States from the global luggage 4.392 billion U.S. dollars of imports from China (including re-exports) of luggage 2.773 billion U.S. dollars, accounting for the total U.S. imports of bags 63.13%, ranking first bit. January to February this year, China's exports to the U.S. 128 million bags, up 75.84 percent, the export amount of 166 million U.S. dollars, up 75.12 percent. Increase well beyond the growth rate over the same period the overall luggage.

Growth in our exports to the U.S. main reasons luggage is: Since the abolition of quotas for exports to the U.S. luggage, a large number of Chinese enterprises to get orders for exports to the U.S. is expected to increase exports to the U.S. trend of bags will continue to 6 to 7 months, But in the second half are likely to be pressure from the U.S., imports from China will be subject to a certain effect, I bags the exports to the U.S. growth will be slower, but according to industry estimates, this year our exports to the U.S. bags still 30% to 50% growth.

Japan:
Consecutive years in Japan is the largest trading partner, but also has long been the main export markets in the world bags. January to February this year, China's export volume to Japan bags 077 million, the export amount of 102 million U.S. dollars, up 7.02%, respectively, and 6.13%. Experts predict that a weak Japanese economy would recover this year, to achieve 1% growth. My luggage enterprises must note that market trends early, to adjust business strategy, continue to expand market share in Japan's luggage, so steady, bigger in this market.

Hong Kong:
Mainland China Hong Kong, China is the fourth largest export market bags are mainly re-exports of goods. 1 month to February of this year, the Mainland exports to Hong Kong Case 143 million, 084 million U.S. dollars export value, up 7.17 percent respectively year on year and down 9.59%.
According to the Hong Kong Trade Statistics, 2002, Hong Kong exported 29.5 billion dollar global bags, export out the top ten countries are the United States, Japan, Britain, Germany, France, Italy, Korea, Canada, Australia and Singapore. Mainland China exported 3.31 billion bags, column 16. Mainland exports to Hong Kong due mainly re-exports, so exports to Hong Kong this year, the basis for luggage cases the United States and Europe may be the major market trend.

In addition to the four traditional market, South Korea, Australia, UAE, Nigeria and Russia are our bags larger countries export development potential.
Enhance scientific and technological innovation to create an international brand
From a global point of view, China's comparative advantage is still the dominant labor force. China's labor costs to the mainland from the coast, from east to west gradient showed its superiority will be a long time. Over the years, our bags export selling price is low, as in the export variety, low-grade products, and many bags factory to the buyer of brand or sample processing, enterprises only get a small amount of processing fees, China's labor cost advantage of production Most of the value of foreign buyers has been earned. To this end, the export enterprises to improve R & D bags and technical equipment, enhance their marketing capabilities, our luggage is the next step must be the way to go corporate, or we will always be controlled by others, do foreign buyers workshop. Also, because product prices low, it is apt to cause anti-dumping investigations in foreign countries. In fact a few years ago the European Union has made Chinese exports anti-dumping investigation bags. Although we eventually won, but there again to take the threat of trade remedy measures.

The face of our luggage products with high added value and high-tech products are still less the case in the future should further accelerate our business to the world pace, and gradually realize the output to the export of capital from the product, brand output changes, the adjustment of product structure improve product quality and grade, raising the value-added products, enhance innovation, increase industry R & D bags. Meanwhile, we must continue to improve China's luggage products in the international market competitiveness and create a world-renowned international brand.

Article Source: http://depositarticles.com/

I am a professional editor from China Products, and my work is to promote a free online trade platform. www.himfr.com/ contain a great deal of information about custom door hangers,tabletop grill,total station pentax, welcome to visit!

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