The export growth rate dropped 14%, Yiwu model "midsummer into winter"
Source: Jacy, www.AmandaIEC.com 9th, July 2008
Source link:The export growth rate dropped 14%, Yiwu model "midsummer into winter"
The beginning of summer in June. Yiwu Commodity City, which is called World Commodity Market leader, the prosperity Yiwu index cannot follow the steadily rising temperature, on the contrary, it downs all the way, the prosperity Yiwu index is no longer gprosperityh. The report showed that in June the prosperity index of Commodity City is 1073 points, link ratio fell 57 points. The downward trend is obvious. In contrast with the prosperity index that the price index is increasing all the way. The Yiwu index reached 102.49 points in June, link ratio slightly rise 0.51 points.
Base on the rising raw material prices, lower export tax, RMBfs revaluation, the rising labor costs, trade barriers and a series of comprehensive role, the business sales sharp decline in Yiwu Commodity City, the profit space is compression and export growth stagnated. The world-famous Yiwu model of "all encompassing and filling at the price" is experiencing an unprecedented challenge.
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