Over the past 10 years, the Chinese packaging printing industry are higher than the annual growth rate of GDP growth. However, in 2008, has experienced the challenges of the international financial crisis package printing industry is not able to maintain a relatively high growth rate it? The overall state of the industry and how? To this end, the reporter interviewed a Chinese printing and packaging equipment Printing Industry Association Branch Secretary-General Li Zhiwei.
     "Judging from the current aggregate incomplete data, in 2008 the packaging printing industry in China has maintained a double-digit growth rate." LI Zhi-wei said that due to geographical position, firm size, operating the different customers, the second half of our country in 2008 packaging printing enterprises by the international financial crisis will affect the degree are not the same. Most affected are the main export products to make processing of packaging printing enterprises, especially export-oriented enterprises in the Pearl River Delta region. "These companies have a fixed overseas orders are to do the export of printing and packaging business, are occupied by high-end product market, therefore, affected by the larger."

     "However, the packaging printing industry economic slowdown, are incomplete because of by the international financial crisis." He added that "in fact, the trend from the first half of 2008 has felt the impact of many factors . "

     He said the continued appreciation of the yuan, so that the printing of corporate profits, loss of exports in the world competitiveness of the market weakened. Monetary policy tightening, so that in particular small and medium-sized private enterprises are capital-chain challenges. "Labor Contract Law" after the implementation of the industrial chain in the bottom of the Packaging and Printing business management costs and labor costs rose rapidly, and are subject to greater stress.

     In addition, the first half of 2008, paper prices are rising, or having the largest white board paper, rose 1,000 per tonne yuan packaging printing enterprises by making a tremendous impact - because packaging printing enterprises as customers want to advance the cost of materials, which funds resulted in cash flow problems. Finally, can barely maintain the large enterprises, a number of small businesses, particularly those engaged in processing a small corrugated box factory on the unbearable, forced to cease operation.

     Industry has reached a critical period of reform and restructuring, export-oriented enterprises go? "I fully agree with the printing industry in Hong Kong Chamber of Commerce chairman of the Mainland Yang Jinxi proposed development strategy for Hong Kong companies: one to the north to open up the domestic market; we need to stick to two export markets, lower production costs, enhance their competitiveness; three to Southeast Asian development; four want to return to Hong Kong, and change management. "Zhi-Wei Li said.