Guangdong 1/4 Industrial Enterprises Suffer The Most Injury In The Shoe Making Industry

According to the latest data, 1/4 of the most mature industrial enterprises in Guangdong province have fallen into losses. The processing trade is the most injured, and the half of the shoe industry in the Pearl River Delta is closed down. This shows that the shock of cost pressure on business has changed from pure worry to a real crisis.

Central part: Hunan undertaking industrial pfer of Yangtze River Delta, Hubei port total volume, central third ports, Guangdong, Hubei Province, Pearl River Delta, industrial gradient pfer

The West: Nurturing 50 cities to undertake Taiwanese industrial pfer, Guangxi undertaking IT manufacturing southwest and undertaking ASEAN Chinese business pfer

North: Bohai's Taiwan businessmen are interested in new routes for Taiwanese businessmen to migrate: Pearl River Delta - Yangtze River Delta - Bohai rim.

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Guangzhou Daily reported that Xie Hongguang, deputy director of the National Bureau of statistics, said that in the 1~5 month, the added value of above scale industries in China increased by 16.3% over the same period last year, down 1.8 percentage points from the same period last year.

In addition to the subprime mortgage crisis that has gradually subsided, the economic impact from abroad is mainly the continuous rise of commodity prices.

Although a slight fall in the national industrial added value can be partly interpreted as a short-term fluctuation, the data from Guangdong Province, one of the most mature regions in China, is the most direct evidence for the squeezing effect of cost pressure on corporate profits.

According to statistics released by Guangdong Provincial Bureau of statistics in June 30th, industrial profits in Guangdong above designated size increased by 4.3% over the same period last month, while the growth rate dropped by 44.8 percentage points over the same period last year. In addition, more than 10000 enterprises in the province lost 1~5, accounting for 26% of the total industrial enterprises in the province.

The deficit was 20 billion 796 million yuan, an increase of 49.3%, an increase of 25 percentage points over the same period last year.

Guangdong Provincial Bureau of statistics explained that "the impact of energy and raw materials prices continued to rise and other unfavorable factors", the main business revenue growth is lower than the main business costs.

Further analysis has also proved that the rising price of basic commodities is the main reason for dragging down the overall economy.

Data show that the main business cost growth is higher than the income growth industry mainly concentrated in oil processing, non-ferrous metal mining, rubber products and chemical raw materials industry.

All these industries use crude oil, metals and other major commodities as raw materials.

But it also shows that the price of basic materials has not yet been pferred to industries with high degree of processing.