Fur Sweater

Fur Industry To Respond Effectively To The Financial Crisis

The financial crisis spread to the real economy, leading to a marked economic slowdown in the world. As the United States and Europe and stagnant consumption, to a great impact on China's exports, which directly affect China's fur industry.

Fur, also known as fur or fur, are an international commodities trading in large-scale animal husbandry. Northern Europe, North America, China, Russia is the world's major producers of raw materials fur. China's fur industry started late, but rapid development, especially over the past decade has been among the largest trading nation in the world fur production of the column.

Denmark, the United States, mink, fox, Finland, China Raccoon skin with its first-class quality and commercial value of well-known known to the world, has been the world's fur trading and selling variety of owners would like. Russia, the United States, Germany, Italy, China, South Korea and Japan are the world's leading fur consumer market. Among them, Russia is the world's most loving fur apparel nation has a huge consumer group.

At present, the world's major production of fur, the mink has reached an annual output of 60 million, mainly in northern Europe and North America. Mink farming in China by leaps and bounds in recent years, annual output has reached 15 million, accounting for the world's output of 1 / 4 or more, mainly produced in the Bohai Bay area.

Fox is the world's output of about 15 million, 1 / 3 produced in Finland, the Finnish blue fox for its superior quality worldwide. China's annual output of about 5 million, and Finland quite. It is worth mentioning that the Chinese raccoon dog, which is endemic to China's artificial breeding fur animals, Raccoon price lower than the fox skin, made of garment edging has a unique elegant and dynamic, deeply favored garment industry, China's Raccoon Paper output has reached 8 million.

Called low-grade fur beaver rabbit skin. China's annual output of the beaver rabbit skin 100 million, accounting for half of the entire fur production. Fur beaver rabbit skin as a raw material widely used in the fur occupies a pivotal position in the field.

By the financial crisis, fur prices have fallen sharply. Among them, imports of the public water RMB200 per mink, blue fox fur imports per 600. Raccoon skin for the 200. High-quality beaver rabbit skin for 50 yuan each. Fur prices were above pre-crisis drop 30 ~ 50%.

According to customs statistics, in 2008 China's import and export volume dropped sharply fur, only 1.364 billion U.S. dollars, compared to 2005 dropped 54%. 2009 1 August tally of China's fur trade volume 950 million U.S. dollars. Russian market, which affected the most.

Of China's fur exports are many reasons for the decline. The international financial crisis, the Russian gray customs clearance as well as domestic fur production of environmental requirements, track down tax evasion of the special rectification action (these are necessary), etc., are all factors.

Of China's fur industry are tight, and through this Road off requires not only efforts of fur industry itself, but also require government support. The export tax rebate rate for 2008 adjusted to 11% in 2009, adjusted to 13%, their effects should show up at the end or early next year.

Another relevant departments should increase export credit, development funds, credit guarantees and financing support for small and medium enterprises in order to protect exports and keep more of the market and customers.

The face of international economic crisis, the United States, the European Union put forward a massive rescue plan, the Chinese government adjusted its macro-policy orientation, proposed the "make the expansion of domestic demand as the fundamental way to ensure growth," development plan. The same time, the State Council decided to expand domestic demand to promote growth of 10 measures.

Financial crisis on the fur industry is a challenge, another opportunity. Lack of external demand, you can focus on domestic demand. Fur Goes to China's foreign trade and domestic trade are set in a business. They should actively guide the consumption, and cultivate the domestic fur market, expanding domestic demand. The face of difficulties, fur import and export enterprises should enhance the capability of independent innovation, improve product quality, increase value-added products as a fundamental way to resolve the crisis.
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