First, improve the technological content of products, reduce production costs
Focus on product mix, vigorously develop high-tech, high value-added metal products production and sales. Meanwhile, efforts to absorb advanced technologies and the transformation under the premise of each link from the start, through the implementation of cost savings plans, ways and means of transformation of the energy structure, minimize waste, improve management reduce unit costs, increase hardware export competitiveness.
Second, the emphasis on e-commerce products, and improve the efficiency of metal products export.
As we all know, through e-commerce trade will not only save a significant reduction in manpower, material resources, reduce transaction costs and inventory, more in the hardware production enterprises to enter international market and create a free and equal competition environment and the broader space for cooperation, to China hardware products provide new opportunities for development. Good e-commerce products such as win-win network (China), "Quality Supplier (BQS)", the product is win-win net (China) and Europe's largest procurement Logistics Association - German Federal Association of Purchasing and Logistics (BME) jointly launched The new reverse e-commerce products, metal products focus only on manufacturing enterprises in China exports to the EU. Up to now, more than 7,000 European companies not only through the "quality supplier" in China, sourcing, and as a member of BME enterprises include 200 companies in Germany, including Siemens, Nokia, Bosch, BMW, Volkswagen, May Race Mercedes-Benz and other world famous enterprises, so "quality suppliers" in the promotion of exports of metal products can be described as unique, metal products exports to the EU is the perfect choice.
Third, improve the proportion of the contract down payment, using financial instruments to hedge foreign exchange risk
Increase in the foreign trade contracts to the down payment ratio, to reduce the risk of exchange rate changes, to prevent the exchange losses, such as contracts down 5% from the previous rate of -20% to 30% -40%; also be appreciated in the contract limit, more than the value to adjust export prices to the deal. In addition, experts recommend that companies can make loans to switch ahead of the return of RMB loans, and then into U.S. dollar loans; use of financial instruments to hedge foreign exchange risks, forward transactions, forward rate lock in advance; commodity trading strive to RMB.
 

Previous: The introductions of turnbuckles

Next:         2011 sanitary hardware market five trends