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2016 Printing Industry In Guangdong Province: Coexistence Of Challenges And Opportunities

Jun 05, 2018 Leave a message

2016 Printing Industry in Guangdong Province: Coexistence of Challenges and Opportunities


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Affected by the declining external environment of the global economy and the slowing down of the domestic economy, the speed of Guangdong's printing industry will continue to slow in 2016, but the exchange rate of RMB and US dollar will be reduced, which will promote the export-oriented printing of Guangdong. The increase in the output value of enterprises' external processing, especially in the second half of the year, will be more apparent.


Make a rough comparison and estimation between 2015 and 2014. The total industrial output value was 190.4 billion yuan in 2014. It is expected that it will remain stable or slightly increase in 2015. The profit index will be affected by the entire economic environment, especially the fierce competition in the market, the soaring of labor costs, and the increase in exchange losses. The estimated actual profit declined compared to 2014; the number of companies, according to statistics, showed that 716 newly registered enterprises were established in 2015, and 678 were written off, representing an increase of 38 companies compared to 2014. The closure of Dongguan printing companies in the society seems to have been exaggerated. The data show that in 2015, 208 new registered companies in Dongguan and 216 companies were canceled, which are basically the same; employees, 780,000 in 2014, were affected by the surge in labor costs incurred by companies. With regard to the measures taken for layoffs and technological improvements to improve the level of automation, employees in enterprises will continue to decrease in 2015.


In 2015, the printing industry in Guangdong Province came from a difficult time. Looking at the printing industry in Guangdong in 2016, in terms of profitability, the company’s profit and profit, especially due to factors such as excess printing capacity in medium- and low-end printing, disorderly price competition, high labor costs, and foreign exchange losses caused by rapid exchange rate changes and lagging response measures, etc. The profit situation in the first half of the year is still not optimistic. However, the gradual implementation of the structural reforms on the supply side of the country will provide enterprises with favorable opportunities and facilitate the implementation of the policies, and it is expected to stop the downward trend of profits. Therefore, its overall view of the Guangdong printing industry in 2016 is that challenges and opportunities coexist, and stick to innovation.


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