Information Center

Development prospect of mechanical and electrical products although the export of mechanical and electrical products is growing well, according to the survey of enterprises by China Chamber of Commerce for import and export of mechanical and electrical products, the cost of enterprises is rising, the pressure is increasing and the profit is declining. Most enterprises believe that the main factors leading to the rise in costs since last year are the rise in the price of raw materials, the rapid appreciation of the RMB and the rise in labor prices, and the growth rate has exceeded the enterprise's expectations, especially since this year, the appreciation rate of the RMB has been much higher than the enterprise's expectations; At the same time, export tax rebates and rising interest rates are also important factors affecting the increase of enterprise costs. Considering the above factors, the average cost of enterprises increases by about 10 ~ 20%.