Fastener industry refines internal strength to change

The Euro crisis has been surging, and the US debt crisis has not yet been eliminated. The external operating environment of foreign trade companies has encountered great challenges. At the same time, under the pressure of imported inflation, domestic labor costs, raw material prices, etc. have been rising, and the internal operating costs of foreign trade companies are also getting higher and higher. In this "internal and external" trade environment, the import and export volume of Haiyan's foreign trade remained high in the first three quarters. Yesterday, the author learned from the County Foreign Trade and Economic Cooperation Bureau that in the first three quarters, the county’s total foreign trade import and export value was 1.451 billion U.S. dollars, an increase of 30.5% year-on-year, and the increase ranked first in Jiaxing.

In order to improve the company's internal strength, it is not only possible to gather popularity due to the relatively low controllability of the external business environment, through the enhancement of the company’s service and product quality, and the expansion of the company’s sales channels. , More able to 'brighten' the brand, thereby effectively reducing the company's business risks in foreign trade activities. "Zhejiang New Oriental Fasteners Co., Ltd. Export Manager Xiang Guihong said, bigger and stronger to complete the "internal work" after the practice of foreign trade enterprises, Only in response to change.

“Foreign trade activities are cyclical. Starting from August 2011, affected by multiple external factors, orders from some companies in Haiyan have already begun to decline. The growth rate is expected to slow in the fourth quarter.” . At the same time, the staff member stated that in the face of changes in the market environment, foreign trade companies should actively respond to the problem through cultivation of internal strength.

“Two-up and One-down” highlights the implementation of the “415” project of structural adjustment and the formulation of a strategy for the doubling of strategic emerging industries. Under the “improvement” of the entire economic transformation and upgrading, the structure of foreign trade exports has also quietly changed. Among them, the exports of steel products (including fasteners and stainless steel pipes) are still "outstanding", accounting for 44.4% of the total value of the county's total exports during the same period, up 3.3% year-on-year. Exports of machinery and electrical equipment accounted for 20.3% of the total value of the county's total exports during the same period, an increase of 3.1 percentage points year-on-year. The export value of textile and apparel products has “shrink” to 25.7% of the total value of the county's total exports during the same period, a year-on-year decrease of 3.3 percentage points.

"Economic transformation will prompt changes in the export structure, and this 'two-down and one drop' fine-tuning reflects the gradual development trend of the sea salt export structure and is a major guarantee for promoting the continuous growth of foreign trade exports." Staff said.