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You Are Here: Home » China » The influx of foreign capital in East Guangdong western Guangdong Pearl River Delta to speed up – shoes enterprises in the PRD, relocation – shoe

Through the project Research And finds that there is no large-scale foreign Investment Relocation of the phenomenon of transferring last year, the relocation of the PRD enterprises to small and medium enterprises and labor-intensive traditional manufacturing industry, focusing on hardware, toy, Clothing , Shoes, Plastic Etc., of which 90% of enterprises in Taiwan and Hongkong.

Recently, a large number of foreign-funded enterprises closed down or relocation of The Pearl River Delta rumors appeared in some media, reporters yesterday from the Guangdong Province Foreign Trade Office was informed, through special investigations and finds that there is no transfer of large-scale relocation of the phenomenon of foreign-invested enterprises last year, the relocation of the PRD enterprises to small and medium enterprises and labor-intensive traditional manufacturing industry, focusing on hardware, toy , clothing, footwear, plastics and other industries, of which 90% are Hong Kong and Taiwan companies, relocation companies involved in product sales of 1.214 billion yuan, about 13,000 employees.

Hong Kong Economic and Trade Office in the head, said in an interview, by the appreciation of Renminbi, the new labor laws, the processing trade and other macro-control policy, Raw materials Prices and rising environmental costs of 5 major factors, according to some preliminary estimates reflect the situation of Hong Kong businessmen, comprehensive costs this year by 45% in Guangdong, more than 50,000 Hong Kong enterprises in the manufacturing sector are facing cost pressures, the business situation is different are affected vary.

Relocating labor-intensive enterprises were mostly To this end, Foreign Trade and Economic Cooperation has set up a special study group, more focused on foreign-funded enterprises in shenzhen, Dongguan, GuangZhou, Foshan, Zhongshan, Huizhou, conduct research, focusing on understanding of the province of foreign investment, transfer of processing trade enterprises relocation situation . Survey report, 2005 to 2007, the province due to the expiration of termination of business operations for various reasons such as cancellation, suspension of foreign-invested enterprises, respectively 4143, 4290 and 3913, the same period in newly approved foreign direct investment in our province enterprises were 8384, 8452 and 9506, three years after The net average annual net increase of more than 4660 foreign-invested enterprises. That is, foreign-invested enterprises in Guangdong last year off and new two-phase offset, but also a net increase of 5593.

It is understood that some foreign investment in Guangdong Pearl River Delta, the relocation of processing trade enterprises is one of the main reasons for the transfer costs continue to rise comprehensive, profit margins decrease, resulting in some labor-intensive, low value-added of SMEs (market share it) unbearable, thus moving the transfer. According to statistics, in 2006 compared with 2002, the raw materials, Fuel Purchasing price index rose 25.3 percent over the same period producer price index rose by only 0.8 percentage points. In recent years, raw material prices, labor wages, Land Prices, factor prices continued to rise, a substantial reduction in export tax rebate rate, the processing trade policy change frequently, significant appreciation of the yuan against the dollar, and the payment of environmental costs, resource costs, are so many PRD integrated production and operation costs continue to rise , profit margins continued to decline.

Accelerated the influx of foreign capital in western Guangdong Yuedong

Foreign Economic and Trade Office official said, despite the small number of SMEs in the Pearl River Delta relocate, but foreign-invested enterprises in Guangdong Province’s capital increase and expansion project increased the quality of foreign investment level is still rising. In 2007, Guangdong newly approved 9506 foreign direct investment projects, contractual foreign capital amount of 33.94 billion U.S. dollars, actual foreign investment amount of 17.13 billion U.S. dollars, up by 12.5%, 38.1% and 18.0%, setting a new high in recent years.

In addition, the mountains and west wings of our province in recent years have accelerated their pace attract investment, including much of the capital increase from the PRD project. In 2007, the mountains of northern Guangdong, eastern Guangdong, western Guangdong actual foreign investment rose by 32.0% year on year, 36.7% and 76.3%. As of the end of 2007, the province build 23 industrial parks industrial transfer, signed investment intention of the park project (business) 467, contractual investment 44.4 billion yuan, of which 50% of the Pearl River Delta by expanding the production scale, the overall relocation, new, equity participation and other forms of transfer to the industrial park project.

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