Export of home appliances and furniture rebounded to the level before the financial crisis

  According to statistics from Guangzhou Customs, from January to April this year, the export trade volume of nine types of household appliances such as air conditioners and refrigerators in Guangdong was US $ 7.13 billion, an increase of 28.1% over the same period last year, but the growth rate of exports in April slowed down, compared with 3 Export growth slowed by 8.2 percentage points in the month. Exports to the United States still did not return to growth, and the average unit price of most exports fell. Guangdong exports of furniture and parts trade volume was $ 3.73 billion, a substantial increase of 27.1% over the same period last year, an increase of 14.1% over the previous financial crisis in 2008 from January to April, exports exceeded the level before the financial crisis.

According to analysis, Guangdong's home appliance export and its industrial development are still facing four major problems. First, raw material prices. This year, copper, steel, aluminum, refined oil, manufacturing raw material prices over the same period has increased greatly, resulting in rising costs of product exports more than 15%; Second, rising labor costs; Third, the renminbi Pressure of exchange rate appreciation; Fourth, the constraints of insufficient power supply. Due to the severe drought in the southwest this year, the " West to East " has been greatly reduced, resulting in insufficient power supply for some of the larger household electrical appliance export enterprises in the southeastern provinces, which has restricted their production progress.

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