First, improve product technical content and reduce production costs Focus on product structure adjustment, and vigorously develop the production and sales of high-tech content and high value-added hardware products. At the same time, under the premise of absorbing and transforming advanced technologies, we will start from various aspects and implement waste reduction plans and energy structure reforms to reduce waste as much as possible, improve management level and reduce unit cost, and improve the export competitiveness of hardware products. Second, pay attention to the role of e-commerce products, improve the export efficiency of hardware products. It is well known that trade through e-commerce can not only save a lot of manpower and material resources, reduce transaction costs and inventory, but also create a freedom for small and medium-sized hardware products manufacturers to enter the international market. An equal competition environment and a wider space for cooperation have provided new development opportunities for China's hardware companies. Third, increase the proportion of down payment of contracts, use financial instruments to avoid exchange rate risk, increase the proportion of down payment of contracts in foreign trade, to reduce the risk of exchange rate fluctuations, and prevent exchange losses, such as the signing of the contract down payment rate from the previous 5%-20% to 30 %-40%; It is also possible to stipulate the appreciation limit in the contract. If the limit value is exceeded, the product export price will be adjusted accordingly. In addition, experts suggest that enterprises can switch loans, return RMB loans in advance, and then exchange them into US dollar loans; use financial instruments to avoid exchange rate risks, forward transactions, lock forward forward exchange rates in advance; and strive to settle in RMB in commodity trading.
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