The Renminbi had been keeping a strong momentum of appreciation for the past several years, which had a big impact on our exportation. However, we were able to afford to undertake that due to the high rate of local economical growth, the vast governmental purchase and the big sum f investment. However, with the end of the strong economical stinulation, the investment and governmental purchase both falls, resulting in a big possibility of recession.
At this moment, we need a strong exportation to relieve the burden of probable recession. So the Peoples’ Bank of China started to suppress the appreciation at the beginning of 2014 to generate a better exportation.
With the exchange depreciation by 2.71% in the first quarter, which is close to the 2.9% appreciation in 2013, Chinese exportation are facing another boom. Based on the analysis with traditional economics, the depreciation may cause a boom for the exportation because the depreciation can be considered as the price falling in comparision with other countries’ products. The statistics publised by the Ministry of Commerce, the exportation of machinery and electric products is 171 million Yuan, making up the 56.9% of the total volume of export in the first quarter.
With the delayed effect, the effect of the exportation will be unveiled step by step; it is doubeless that we will face a good opportunity to boost our exportation. Shanghai Jianye will of course take a firm grip on this precious chance, as we can see the pillar stance of the machinery in the total export. We are a professional mining machine suppliers, focusing on providing various qualitysuch as crushers, high pressure grinder mills, Raymond mills, etc. What has to be noted is our high efficiency , which is the star product in our exported products. Our high efficiency sand making machine has been exported to thousands of countries and regions all over the word due to its simple structure, easy maintenance, high cost-efficient and high dependence. For much information, please click on the icon to contact directly to our employees.
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