The Price Of "Made In China" Is Up &Nbsp, And Overseas Buyers Are Strained By Many Channels.

Known as the "first spring exhibition of China's foreign trade", the Chinese Trade Fair is supported by the Ministry of Commerce. Shanghai, Jiangsu, Zhejiang, Anhui, Fujian, Jiangxi, Shandong, Nanjing, Ningbo and other 9 provinces and cities jointly sponsor the annual hot degree of the industry.

Frank Hansen, a SIPEC from Italy, almost every year comes to the "China Fair". This year, it is obvious that the price of commodities on the spot is "rising," and has generally risen by one to 30%, and has even risen by 50%.

Hansen said that at present, his own business has begun to pfer to India, Pakistan and other countries for procurement.

Xia Cai Liang, the business manager of Zhejiang arts and crafts import and Export Co., told the China News Agency reporters that the price of raw materials and the improvement of workers' benefits have all become the "burden" of foreign trade enterprises. "Since the second half of last year, some of our Japanese customers have already removed their orders, turning to countries with more cost advantages, such as Vietnam and Indonesia," and some customers have chosen to reduce the number of orders.

Xia Cailiang's foreign trade enterprise, mainly engaged in slippers, hats and other supplies business, sold to Japan, South Korea, Singapore and Hongkong, Taiwan and other countries and regions.

He told us that despite the "pition", there are not many overseas buyers who are pferring to other countries, and the proportion in the overall business is still small.

Branislau Kmot, a buyer from Slovakia, believes that although the price of "made in China" is rising at present, it still has an advantage over other countries.

Gu Yu, assistant manager of Jiangsu sunshine Dongsheng import and Export Co., Ltd., told reporters that after the Spring Festival this year, factories that provided Japanese products such as clogs and other products generally raised their prices. She said that at present, the overseas purchasers of the enterprise demanded not to withdraw their orders, but many clients demanded that the foreign trade enterprises share the price difference, and their profit margins were compressed a lot.