Shoe factory in Dongguan, Guangdong has to do nine-year-old Hunan Xiangtan Yang Wenbin He is considering making a major career choice: to move the factory to the home of the zone. "No way, what are prices here, could not afford one, the factory also earn less money." Yang Wenbin said that this year, has been in the upstream raw material prices, the old relationship for many years not useful, and the price is still a lot of points to rise. Even worse, rising labor costs. He now has more than 100 shoe factory workers, most of the home side move is over. Workers monthly wage of 800 yuan from a few years ago, rose to 1,
new jordan heels,200 yuan, but they still do not want to dry. A few years ago someone asked him to arrange for the workers, and now he ask for help to find workers also easy to find. And many factories, like the Pearl River Delta, Guangzhou Zengcheng St. Titanium Metal Co., Ltd. is always close to the factory door recruitment notices. Young people working in the plant, but the light level, said: "factory simply hire people, live and very tired, a lot of people come Houning Ken wages do not go." "Big situation is different." Yang Wenbin said. Changsha - Zhuzhou - Xiangtan just approved national comprehensive reform pilot area, home of the opportunity to four investment zones, allowing him to see hope. Bear with its high rents here in Dongguan, high-wage, might as well just open the factory to the home, the local plant recruit local people,
ken griffey sneakers, less costly, but also with the development of economic zones with Tan. Yang Wenbins experience is clearly not the case. Information from the Asia Footwear Association show, the first three quarters of this year, nearly a thousand shoe factory in Guangdong, about and related companies,
nike dunk high heels, the initiative out of business due to various factors or failures, or sealed by the court, or relocated elsewhere to find another development. The Association Secretary-General Li even said that about 1000 Dongguan shoe companies have closed down 200-300 at home. He stressed that the data is repeated to Guangdong by the Association field survey out. Wind direction changed. PPI rise faster worries "This situation in the future may continue for a long time." Yang SW Securities chief economist, said the growth in an interview with the upstream product prices and labor costs rise, the Pearl River Delta, Yangtze River Delta area of ??some low-end manufacturing to the central and western region and the neighboring countries such as Vietnam, the phenomenon will be difficult to avoid. National Bureau of Statistics data show that in November, CPI rose 6.9%, the highest increase in 11 years. The common people, it also confirms that they steadily climb up the food prices for the pain. But in the eyes of researchers, more worrying is the 10th release of other data: November, PPI (PPI) rose 4.6%, or 1.4 percentage points last month, the highest since September 2005 a new high. Statistics show that the month of raw materials, fuel and power purchase prices rose 6.3% since October 2006 a 14-month high. PPI rise is worrying reason why is because it is a leading indicator for CPI, which shows a sharp rise in production from upstream to downstream consumer prices conduction become very obvious. The PPI and CPI rise was the increase between the departure from the long-standing relationship, CPI rose significantly higher than the PPI rose, and the gap significantly. In this round of price increases, people feel mainly food prices, other prices are not obvious, especially as the upstream industrial prices have been relatively mild. This is also emphasized from government to academia before the rising prices is a structural reason. However, in recent months, the situation has changed. In September, CPI rose 6.2%, PPI up 2.7%; October, CPI rose 6.5%, PPI up 3.2%; November, CPI rose 6.9%, PPI rose 4.6%, further narrowing the gap between the two, the linkage of is further enhanced. State Information Center Fan Jianping, director of economic forecasting that the November PPI or is affected by sharply higher oil prices boosted. After the oil price increases, domestic crude oil prices in international oil prices continue to rise,
nike high heels, driven, and to promote other industrial prices. Data show that in November crude oil, coal mining and washing industry, ferrous metal smelting and rolling processing industry prices are significant gains in crude oil price is up 22.6% year on year. GF Securities analyst Wu Youhui is that, PPI rose sharply and the weak dollar policies. This policy has led, including oil, coal, steel, including a sharp rise in prices of upstream products. Fan Jianping expected PPI rose in December will further expand. Overall inflation or difficult to avoid many scholars and analysts have said, PPI if you maintain this increase, or further increase in inflation would have evolved into a structural-round inflation risks. NBS chief economist Yao Jingyuan, 10, said it expects annual CPI increase of 4.7 percent, since 1996, is the highest annual increase. "Is actually the current inflation situation." Growth SWS Young said,
nike air griffey max 1, "With the elements of product prices, we determine the cost-push inflation next year will be more obvious, which is different from this years structural inflation. " State Council Development Research Center of Macroeconomic Research Department and the National Information Center Lu Zhongyuan senior economist Qi Jingmei the view that, if the PPI continued to rise, and the slow circulation of production prices superimposed on may lead to the overall rise in prices, rather than a simple structural inflation. Some of the meager profits of manufacturing companies have stand up. Pearl River Delta, a business owner, told reporters: "If raw material prices, labor costs increased by 10%, the PRD at least 5,000 companies will close down." Even high-tech companies feel cost pressures. "Cost of production, especially labor costs us a lot of pressure rise." Operates a Technology Park in Shenzhen IC chip design and development of Taiwanese boss, Mr. Gu told reporters that, despite the employees annual salary up 10%, but they always complain about wages or housing prices in Shenzhen rose far behind. For next years prices, the oil price trend is particularly noteworthy. National Development and Reform Commission Secretary Cao Changqing 13 price, this year certainly will not adjust the price, and oil prices are adjusted still being studied. But analysts judge, oil, electricity, water price increase is only a matter of time. Prior to November 1, the benchmark price of oil has increased 500 yuan per ton in order to improve oil inverted contradiction. Cao Changqing, said: "China can not keep up the magnitude of oil price rises in international oil prices from the long term, to maintain market supply or to rationalize prices, producers, operators are profitable Figure. " This also shows that, if international oil prices, domestic oil prices will inevitably rise. When oil prices rise, PPI rise will inevitably face greater pressure, and eventually transmitted to the downstream area. National Development and Reform Commission deputy director of the Bi Jingquan 9 in long forum on the National Price Bureau frankly stated that next year, upward pressure on overall price level is still large, complete prevention of structural price increases from evolving into significant inflation a difficult task. However, some scholars believe that Chinas economy and maintain a moderate inflation is not necessarily a bad thing. Yang seems to grow and maintain a modest 4% -6% inflation is not terrible. Significantly in the last round of inflation or the years 1992 and 1993, after ten years later, the Chinese economy shrunk, from management to ordinary people, for the understanding of price increases should be to change. But he stressed that the government compression of credit, price control and other control methods are mainly demand-based inflation, which now is mainly the cost of inflation, the control means are able to achieve effective results, there is also doubt .
nike dunk high heels PPI rise faster worries
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