"The Chinese manufacturing industry needs innovation," an analyst from tootoo.com said. The analyst suggested that Chinese export manufacturing enterprises need to try their best to get through circulation and brand restraints and improve the vicious circle.
For example, China's exporting goods generally get a modest profit, the profit margin is 5%. But our exporting goods priced high sales prices several times than exporting price in foreign countries especially in developed countries.
Under these circumstances, Chinese manufacturing enterprises have to have access to higher circulation and profit margins, they can shake off a vicious circle of fate, and step into self improvement and a sustainable path of development.