国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

Canton Fair no longer 'silver bullet' for winning orders

By He Wei (China Daily) Updated: 2014-04-25 06:57

To that end, she said the firm is busily diverting its focus from switches, whose gross profit barely hits one yuan each, to the more lucrative LED lighting segment.

Chinese exporters have also apparently lost out to Association of Southeast Asian Nations markets such as Cambodia and Vietnam in terms of costs, said Hassan Ali Mousa, an Egyptian construction tool vendor who was visiting the fair.

"Competition in basic machinery has been fierce, notably in the past two years, between China and India," he said. "I will look to buy from India since (its products are) almost half the price of Chinese ones."

Canton Fair no longer 'silver bullet' for winning orders
Fair shadowed by weak exports 

Canton Fair no longer 'silver bullet' for winning orders
Fair sees nearly 11% slump in deals 

But even high-profile companies such as Galanz have failed to translate its high market share into high revenue. An item produced by South Korea's Cuckoo Electronics Co Ltd was priced 10 times higher than Galanz but still was winning buzz from European buyers, said Joshua Ku, assistant manager of Cuckoo's overseas business team.

"When they hear 'made in Korea', merchants don't even bother to bargain for a price. They take it as a guarantee for quality, and that's the edge we have over Chinese companies," Ku said.

Such a dilemma is pushing Chinese exporters to put down roots overseas rather than just rely on exports, said Chen Qiuru, deputy general manager of the China Foreign Trade Center.

"China-based companies will seek wider profit margins built on their ability to sell desirable, high-specification products rather than simply offering the best value for the money," Chen said.

From the standpoint of individual companies, the basic lesson is clear: Don't be complacent, said Dan Steinbock, research director of international business at the US-based India, China and America Institute.

But such ambition is being constrained by a lack of core competence or new technology, the Achilles' heel facing almost every small and medium-sized enterprise.

"It's easy to come up with the slogan 'move up the value chain', but how much cost can SMEs bear before we can acquire world-class technologies?" asked Xu Xudong, manager of Nanjing Technology Import and Export Co Ltd.

Other Asian countries can offer many success stories for China to learn from, Steinbock noted.

"But it has gone hand in hand with substantial economic, political and social changes. In each case, established interests have sought to fight or slow down reforms, but at the end of the day, the most competitive and innovative companies have prevailed, which, in turn, has benefited the consumers," he said.

 

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
...
阿拉尔市| 绿春县| 增城市| 南澳县| 淮阳县| 高邮市| 西乌珠穆沁旗| 桑植县| 诏安县| 曲周县| 安顺市| 德安县| 崇文区| 喜德县| 东山县| 海门市| 南投县| 巫溪县| 建平县| 贵德县| 漳平市| 南江县| 长子县| 浠水县| 青铜峡市| 铅山县| 米林县| 舒兰市| 双峰县| 墨脱县| 巴林左旗| 团风县| 曲水县| 河东区| 临江市| 唐河县| 昭平县| 台北市| 吕梁市| 永定县| 临沭县|