RMB Exchange Rate Continued To Depreciate, Textile Toys Topped Off

The RMB exchange rate continued to depreciate in recent years. In February 28th, the yuan fell to more than 500 points against the US dollar, or 0.82%.

Since the exchange rate reform in 2005, the RMB exchange rate has appreciated in recent years, and the recent depreciation trend has naturally attracted market attention.

The reporter noted that the industry pointed out that, due to the continuous decline of the RMB exchange rate against the US dollar, if this trend continues, the export oriented industry will undoubtedly benefit obviously, including textile, clothing, toys and shoes, shoes and hats.

In recent years,

The continued depreciation of the market has become the focus of attention of the whole market.

Insiders told reporters that from the point of view of the industry, the A share market will undoubtedly benefit from the depreciation of the export oriented industries, including textiles, clothing and toys.

And so on will be the biggest beneficiaries.

First,

Because of the high dependence on exports, the depreciation of RMB will help companies reduce costs and improve product competitiveness. Enterprises will get more orders, and on the other hand, it will help export enterprises gain foreign exchange earnings.

From the A stock market specific companies, many enterprises in the textile and garment industry mainly sell abroad, and the main market of the company is mainly sold on towel products.

The company's semi annual report 2013 shows that offshore sales account for 69.65% of revenue.

The company's products are sold to more than ten countries and regions, such as Japan, the United States and Europe. Since 1999, the number of export and export volume has been ranked first in the same industry; Lu Tai A is the leading product for shirts, dyed fabrics and shirts.

85% of the company's products are sold to more than 30 countries and regions, such as Japan, the United States, Britain, Italy and New Zealand.

In addition, enterprises may also benefit from Shanshan, YOUNGOR and Hong Kong stock.

Insiders also said that the same benefit from the depreciation of the renminbi also includes the toy industry. The devaluation of the renminbi means that the purchasing power of foreign currencies is enhanced, which will further stimulate consumption and benefit the toy industry.

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At the end of 2013, the Zhangjiagang customs and the Zhangjiagang entry exit inspection and Quarantine Bureau jointly launched a new mode of customs declaration, one inspection and one release. Part of the import of containerized goods only needed customs inspection for a joint inspection.

Over the past year, how is the operation of this pilot work?

"This is plastic waste..."

This morning, the Zhangjiagang customs and Zhangjiagang entry exit inspection and Quarantine Bureau jointly inspected a batch of imported waste corrugated paper worth 40 thousand US dollars at Yongjia Wharf in the bonded area.

After less than half an hour, all the goods were cleared.

Sha Lu, general manager of Zhongyi international storage and pportation Zhangjiagang branch, "our clearance time has been shortened by two to 3 days.

For checking the same box, I will reduce the cost of the move and the cost of the box once. "

Zhangjiagang customs inspection section chief Guo Guosheng: "before customs and state inspection work mode is national inspection first, then customs to do a set of customs process, the two set of processes is a series of modes.

After implementing the three one, customs and state inspection clearance has become a parallel mode, and the two sides are in progress at the same time.

In addition to breaking the functional barriers between departments in the inspection section, the "three one" customs clearance new mode of "declaration, inspection and release" is also more convenient through the information sharing.

By using the "entry system for customs declaration and inspection data", enterprises can send cargo information to customs and national inspection departments only with a click of the mouse.

Zhangjiagang customs inspection section chief Guo Guosheng: "the original customs declaration of 97 items, the state inspection input 92 items, now realize three one by one declaration, the original national inspection and customs of the same 67 items do not need to re-enter."

As of the end of 2014, customs inspection of Zhangjiagang port jointly examined 663 votes and 9512 labels imported solid raw materials, and jointly released 19024 teas, totaling 224 thousand tons, saving about 400 thousand yuan for enterprises.

Zhangjiagang customs inspection section chief Guo Guosheng: "we want to develop an information platform on the basis of a declaration platform, and the release information of customs clearance and national inspection is also displayed on this platform. Second, we are now only restricted to solid waste, and the commodities are extended to all legal inspection products."

According to our government's work report, in 2015, our city will also focus on the policy that the Shanghai free trade zone can use for us, strengthen the docking efforts, and focus on pushing forward the bonded area's first try in the new fields, such as the pilot project of parallel import of automobiles, the pilot of cross-border trade e-commerce service import, and the cross border RMB innovation business experiment.