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Change Of RMB Exchange Rate And The Development Of Textile & Garment Trade

Posted on:2009-02-01Degree:MasterType:Thesis
Country:ChinaCandidate:Z S TengFull Text:PDF
GTID:2189360272464935Subject:Textile Engineering
Abstract/Summary:PDF Full Text Request
The RMB revaluation already was ultimately, the influence bore the brunt to the textile industry. According to the research, the RMB revalues every time 1%, the textile profession sale profit margin drops 2%-6%. If the RMB revalues 5%-10%, the profession profit margin drops 10%-60%. Specially exports the degree of dependency high clothing profession to suffer injury in a big way. How to face the RMB revaluation, oneself becomes the question which we can not but ponder emphatically.This article through the introduction RMB revaluation's related knowledge and the company example, thought that may consider the following strategy, enhances enterprise's competitive power effectively, falls lowly to the risk:Strengthens the exchange rate risk guard the education, utilizes the circumvention exchange rate risk nimbly the measure; The promotion product scale, increases the product added value, changes by the inexpensive win procedure; Strengthens the proprietary intellectual property rights the research and development, the foundation product brand superiority; Strengthens the textile apparel industry to supply chain's construction; Develops the domestic market positively, reduces the RMB small scale revaluation the adverse effect; The development international market, implements the export multiplication strategy positively vigorously; Strengthens the profession autonomy.The textile is our country export major term, under the RMB revaluation's situation, how the textile Export enterprise to have rushed to the difficulty, the shop good future road of export, the measure and the means are perhaps many, the key is the enterprise needs to realize truly to the question gravity, do not have the lucky psychology, sits waiting for death.
Keywords/Search Tags:RMB, Change in Exchange Rate, Textile & Garment, development
PDF Full Text Request
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