Analysis of the New Trend of Economic Operation of China's Leather Industry

Recently, at the press conference organized by the China Leather Association and organized by the China Leather Industry Association, the director of the China Light Industry Information Center announced the relevant data. This year, China's leather industry will continue to face rising costs and export The decline in orders, the frequent occurrence of trade frictions, the restraint of business models, the increase in environmental pressures, the increase in financing costs, and the overtaxing of corporate taxes have made overseas markets less optimistic.

However, with the increase of people’s income, the deepening of the tax reform and the acceleration of the transformation of the industry from the eastern region to the western region, the domestic market has achieved a “from scratch” in the transfer of industries, particularly in Hebei, Jiangxi, Anhui, Sichuan, and Chongqing. The rapid development will provide a broad space for the sustainable development of the leather industry and become an important support for ensuring the balanced operation of the leather industry.

According to relevant data from the China Light Industry Information Center, the total output value of China's leather and footwear industries is expected to maintain a growth rate of about 15% this year. At the same time, coping with international trade frictions will become the norm for the entire industry's production enterprises. There will also be changes that will follow, and there may be two improvements: First, the proportion of non-leather footwear exports has increased; second, the proportion of exports to emerging market countries has increased significantly. Although exports of some products will decline, this year, the export value of the leather and footwear industry will still maintain about 10% growth.

The leather industry is an industry with more outward-looking features. The impact of the international financial crisis in 2008 had a considerable impact on its exports. After the bottoming out in 2009 and the reversal in 2010, the leather industry once again entered a fast-growing channel in 2011.

It is reported that in 2011, China's leather industry achieved 850 million square meters of light leather output and 13 billion pairs of footwear. Enterprises above designated size produced 54.69 million leather garments and 3.04 million natural fur garments. Raw material skin resources rank among the highest in the world, and both leather production and export rank first in the world. China has become a world-renowned leather producing country.

From the second half of 2011, negative factors such as fluctuations in prices of raw and auxiliary materials, tightening of monetary policy, appreciation of the renminbi exchange rate, and increase in labor costs gradually emerged. The growth rate of the leather industry has declined, and the economy has been operating in the first quarter of this year. It has appeared.

In the first quarter of this year, the overall operating speed of the leather and footwear industries in China slowed down. Among them, enterprises above designated size achieved a total industrial output value of 220.8 billion yuan, a year-on-year increase of 20.5%, and a 5.2% decrease from the end of 2011; the industry-wide export volume was US$14.18 billion, an increase of only 1.13% year-on-year, and a decrease of 20.67 percentage points from the end of 2011; From January to February, the entire industry realized a total profit of 7.5 billion yuan, a year-on-year increase of 23.4%, and a 5.9 percentage point decrease from the end of 2011.

According to reports, in order to respond to the changing economic environment and comprehensively quantify the overall trend of the industry, and help companies to make effective product and market decisions, in August 2011, the China Leather Industry Association and the China Light Industry Information Center formed a strategic partnership to jointly develop. The "lightweight leather index" trial operation. At the press conference, the "China Light Leather Fairness Index" also met with the public for the first time.

Cai Daying said that the medium-light leather boom index system consists of an overall operating prosperity index and five classifications of prosperity indices, of which output value, sales, exports, assets, and profits are used as index. The formation of the index is based on the dynamic real-time data of the National Bureau of Statistics and the General Administration of Customs. Based on the China's light industry economic operation and forecasting and early warning system as a platform, the development trend of the leather industry is more comprehensively demonstrated from multiple angles.

In 2011, the overall performance of the mid-light leather boom index was stable, and all six indices were within a stable operating range. In March this year, the medium-light leather boom index was 104.71, showing modest moderate performance.

At the press conference, participating experts pointed out that starting from the aspects of environmental protection, branding, science and technology, standard-setting discourse and intellectual property protection, etc., according to the trend of China's leather industry, it is to improve the competitiveness of China's leather industry and ensure that China's leap from a big leather country. For leather power, the only way to achieve a healthy operation of the leather industry in China.