Friday, February 11, 2011

Export of ceramic enterprises to accelerate the market transition is more intense in 2011 ceramic

 Network HC household items begin the New Year, President Hu Jintao's state visit to the United States, which he became president after the second official visit to the United States. The United States attaches great importance to this visit, called the

President Hu Jintao told U.S., .

RMB appreciation in 2011 of 4% -6%, may be exported ceramic enterprises to accelerate transformation - 2011

ceramics market will be more intense recently, the RMB pace of appreciation has accelerated. Some experts predict that a possible revaluation of the renminbi in 2011 of 4% -6%. Appreciation of the RMB's international push factors include economies of weak recovery, high unemployment, the implementation of quantitative easing may last a long time. Domestically, there is inflation in the demand for renminbi appreciation. Meanwhile, the continued inflow of capital also increases the pressure of RMB appreciation. January 11 the central bank released a report, as at the end of 2010, China's foreign exchange reserves amounted to 2.8473 trillion U.S. dollars, a record high.

because most of the use of ceramics export enterprises in U.S. dollars, the appreciation of the RMB against the U.S. dollar led to the profits of export enterprises were swallowed. In recent years, have done a considerable portion of the ceramic enterprises to accelerate the transformation of foreign trade began to layout the domestic market, which also makes ceramics in 2011 to increase competition in the market.

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