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Sino-US trade wars affect leather goods industry, but the overall development situation remains optimistic

Abstract: Bags factory further bag belongs to  leather goods industry, mainly OEM leather women’s handbags, leather men's bags, leather briefcases, leather handbags, leather shoulder bags and backpacks, leather computer bags, leather wallets and leather Belts, etc. On the occasion of the Sino-US trade war, which has been heated up in the industry, handbag manufacturer further bag made a simple analysis of the development of  the leather goods industry.

     First of all, let us look at the general trend of China's leather goods industry. According to the data, at present, the number of leather goods enterprises in China exceeds 60,000, the number of industrial employment reaches 3.8 million, and the annual GDP has reached 100 billion yuan. At present, China has become the world's largest leather goods production and supply base, the Chinese leather goods with good quality and low price have reached the international advanced level and are loved by people from all walks of life around the world. After  over 10 years of development, Further bag. has become a famous brand in leather bags OEM factory. It is  renowned at home and abroad with good craftsmanship,accurate material choice,full hearted service and reasonable price. it is the OEM factory designated by many brands of leather goods in the world. It has deep foundation, innovative concept, persistent spirit and cohesive team. This is  why the company's processed leather women handbags, leather men's bags, leather briefcases, leather handbags, leather shoulder bags and backpacks, leather computer bags, leather wallets and leather belts and other products can stand out from the crowd.

 

 

       In today's world, the Sino-US trade war has reached a fever pitch. In contrast to the world economic downturn in 2009, when the production and sales volume of other industries dropped sharply, the leather goods industry went against the trend and developed rapidly at a rate of more than 30% per year. Today, The United States has imposed high tariffs on leather goods, textiles, clothing and furniture. For the United States, it can only raise the deficit of the United States in other countries, and the disadvantages outweigh the benefits. Guan Qing you, vice president of China Min sheng Securities and dean of the Institute of Research, believes that "a few years later, we will recall this trade friction in 2018, and we may be thankful for this friction because it warns us that if we do not master the core technology and do not really solve the problem of from 0 to 1,  the survival of the enterprise itself would be a problem, and there will be weaknesses. Sino-US trade friction may lead to a new round of reform and opening up in China.In an industry that could grow against the trends in history and as a leader in the leather goods industry, further bag do not get afraid of setbacks and facing difficulties ,It is believed that the Sino-US trade war will become an opportunity for leather men's bags, leather briefcases, leather handbags, leather shoulder bags and backpacks, leather computer bags, leather wallets and leather belts produced by handbags factory to have more time features and technical content .Further bag would make no best,only better bags to the world customers .

 

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