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Xinhua Headlines Chinese export firms reposition themselves against trade headwinds 精品小说

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Xinhua Headlines Chinese export firms reposition themselves against trade headwinds 精品小说

FaucetsofGuangzhouSeagullKitchenandBathProducts,amanufacturerofhigh-endandcustomizedbathroomfacilities,aredisplayedinGuangzhou,capitalofsouthChinasGuangdongProvince,June18,2019.(Xinhua/ZhouZiyang)BEIJING,June22(Xinhua)--Caughtinanuncertaintradeenvironmentwheretariffhikethreatsareyettobedefused,Chinesefirmsh,amanufacturerofhigh-endandcustomizedbathroomfacilitiesinsouthernChinasGuangdongProvince,expectedtheproportionofitsexp,butrapidgrowthinthelocalmarket,saidJoeChen,vicepresidentofthecompany."Chinasrisingmiddleclasshascreatedstrongpurchasingpowerthatwillsupportourdomesticsales,"sbiggestoverseasmarket,accountingforalmosthalfofitsexports,butChensaidthetradefrictionswouldhavelimitedimpactonthecompanyintheshortrun."Itsnotrealisticforourclientstoshifttoothercountriessuppliersastheprocesstakesatleastthreeyearsbecauseofthecomplexsupplychain,",thecompanywillstrivetoprovidemoreadvancedproductstothedomesticmarkettomeetincreasinglysophisticatedconsumersdemands,,thecompanyhasplannedtoquadrupleitsproductioncapacityofprefabricatedbathroomandkitchen,akeyproductinthedomesticmarket,,,a,Chinasforeigntrade,,ifnotdefused,,ricanfirms,however,isChina,presidentofAmChamSouthChina,sconsumermarketisjusttoobigtoloseouton."IdontknowasinglecompanyormemberwhohasleftChina,"hesaid,addingthattheChineseeconomyisgrowingatarelativelyfastpace,,forinstance,haverampeduptheirinvestmentinChinathisyear,,(),,withsome16,,localfirmssaiditwouldbethesi,theUnitedS"Theadditional15-percenttariffhikescameunexpectedly,rialsandtechnologieshavebeeninvolved,"saidLaoJiewei,secretaryoftheboardofdirectorsofGoldenSea,,000-employeecompanycoulddo,hesaid,wastoincreaseefficiencyandretainthecompetitivenessofitsproductsbyfosteringnewtechnicaladvantages."Ourresearchinvestmentaccountsforaround6percentofoursalesrevenueandwewillcontinuetoincreaseitsoourproductsremaincompetitiveinthemarket,",thecompanyhasmor,,,localmanufacturerssaidtheywouldhaveachancetogainbackthemoreprofitablemarketshareacquiredbyestablish,thetariffwarisanopportunityforexportfirmstobettertapthedomesticmarketandthemarketsbeyondtheUnitedStates,saidJoeChen.(Videoreporters:ZhouZiyang,WangPan;Videoeditor:ZhengXin)。

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