The Munich Construction Machinery Exhibition is over, and as in previous years, many new products and new technologies have appeared in this exhibition, which is refreshing.The turnover of the exhibition also hit a new high, of course, which is not surprising, because the three-year interval is enough to allow the global industrial scale to expand significantly, and the increase in turnover is not surprising.

The most insignificant but most striking thing about this exhibition is the 230 million US dollars in order signed by the Chinese pavilion.To say that this thing is insignificant, because this figure is not worth mentioning in terms of the total turnover of the entire exhibition, such as Siemens, Caterpillar and other equipment giants, a larger order can reach this number.

It is remarkable because it is the first time that Chinese construction machinery manufacturers have won a big order at the Munich exhibition.At the time, just after the end of the Cold War, after the fall of the Soviet Union, China became the only major power in the traditional Eastern camp, which was even more mysterious.Such a poor and backward eastern country in the impression of Westerners, actually able to seize the market of established European and American enterprises at the Munich exhibition, which is undoubtedly a topic that can be fully hyped.

Munich exhibition has always been the stage of Western developed countries, and developing countries rarely can achieve good results in such exhibitions.In the past, the number of developing countries at the Munich exhibition, that is, Brazil, South Africa and a few, their products are relatively single, and sometimes directly the products produced by Western multinational companies in these countries, which can be described as nothing new.This time, the booth area rented by the Chinese pavilion is not large, but it has brought more than a dozen kinds of products, including large-scale mining excavators, large-tonnage electric wheel dump trucks, loaders, concrete pump trucks, etc. The product line is very wide, reflecting the volume of a large country.

The price of Chinese products is so low that it makes merchants feel like they are buying cabbage, and this low price has also impacted the price system of established Western companies, forcing companies such as Pumay and Hefei to have to reduce their product prices to appease the mood of traditional customers.

All of this, of course, can not escape the sensitive vision of Western financial journalists, for a time, praise, derogatory, born to the Chinese pavilion speculation into a hot topic in the media.

The European Commission, which has just been established, has also been caught up in this topic.On the day of the end of the exhibition, the European Commission received a statement led by the German company Pumay, which was signed by more than a dozen large European companies, accusing the Chinese government of manipulating the exchange rate and seriously undervaluing the currency value of the RMB, resulting in the serious low price of Chinese construction machinery products, which hit the traditional market of European companies.The statement asked the European Commission to set up a special panel to investigate the matter and impose severe penalties on China.

The European Commission convened trade representatives to discuss the Pumai proposal, and the delegates almost agreed to reject the proposal, arguing that the so-called Chinese government manipulation of the exchange rate does not exist, China is a poor developing country, its currency value itself is very low, there is no intentional undervaluation problem.

Of course, this is only a response from the Commission to companies such as Pu Mei, but the real reason is that the European Commission believes that China's undervaluation is a good thing for Europe.At present, thousands of companies in Europe invest in China and use China's cheap labor to produce.The daily wage of Chinese workers is less than $3 at the exchange rate stipulated by China, which allows these European companies to earn several times more profits than in the past with a significant reduction in the price of their products.

In addition, although cheap construction machinery from China makes Pu Mei and other companies feel uncomfortable, but also from China's cheap shirts, socks is the favorite of the European people.Due to the high quality and low price of Chinese goods, the price level of the whole of Europe has been effectively controlled, and the expenditure on social welfare in EU countries has also been greatly reduced.

It can be said that in the eyes of these trade representatives of various countries, the Chinese are a group of hard-working old cattle, eat grass, milk is milk, where farmers think cattle are too good to feed?

“The European Commission believes that the root cause of this incident is that your equipment is too profitable and has long charged customers with inappropriate high prices.The Chinese are not dumping, they are just getting the price of the product back to its normal level.”

A European Commission official named Bovard replied to Heinzl.The incident was provoked by Heinzl, who gave him the authorization to submit a statement to the European Union.He thought that he had a dozen large companies, enough to pay attention to the European Commission, who had thought that after consultation on the European Commission, it was actually such an attitude.

“Mr. Bovid, the pricing of our products has always been the same, there is no profiteering.The Chinese products can affect us because of their low exchange rate, and I have reason to believe that, at their price, a loss of more than 30% for every piece of equipment produced.”Heinzl argued.

“Can you give me the evidence?”Bovard asked.

“I can submit our production costs to Pumi as a comparison.”

“But they’re not a pumay company.As far as I know, the average wage of your company is 40 marks per hour, and the average salary of Chinese workers is 0.5 marks per hour, do you think your production costs are comparable to that of the Chinese?”Bovard Road, as the European Commission's trade commissioner, has a very good economic information.

“0.5 marks an hour!”Heinzl exclaimed, “Do you believe that a salary of 0.5 marks per hour can be hired for workers?”Even if they live a simpler life, the money won’t be enough for the heat they need every day.This can only show that the exchange rate stipulated by the Chinese is false, and that their local currency is worth much higher than they claim.”

“This is just your guess, and the Commission will not consider your request until you can provide further evidence.”Beauvais shrugged his shoulders and said coldly.

He was not interested in arguing with the German in front of him, and the man was obviously a little confused.According to Bovard's idea, you Pu Mai can also find a way to reduce costs ah, why can't you move the company to China?China's labor is cheap, and it will certainly be able to greatly reduce your production costs, so that competitiveness will not be available.Now the Chinese people are undervalued, purely to send money to Europeans, European people will not pick out this layer of window paper, you do not like cheap goods?

The proposal was rejected, and Heinzl could not.The bureaucracy of government officials, Heinzl, is very clear.Don't look at what "taxpayers" these officials often hang in their mouths, but when "taxpayers" really look for what they do, they will only put out the provisions to perfunctory, how much they will do, how much they will do, the provisions are not stipulated, even if you give them a bow, they will not do it.

The exchange rate is not really evidence.If the EU itself feels that the RMB exchange rate is too low to force the renminbi to appreciate, then they can find 100 reasons to say this.But if the EU is not in the heart of it, companies want to make the EU ahead, it is more difficult than going up.

Western companies know that in order to do something, the most important thing is to "lobby", find a few agents to reflect their opinions to the government, the government for the consideration of votes, will naturally find a way to do it.But if there is no such lobbying, people are lazy to work, a cup of coffee, a cigar, a newspaper to read half a day, who does not like?

The European side did not complete the work, and the same bill was not adopted by Haifei and other US companies returned to the US Department of Commerce.In the 1990s, the United States was in the midst of economic prosperity brought about by the rapid development of information technology, and China, as a country dominated by labor-intensive industries, had almost no industrial competition with the United States, but it was greatly complementary.Cheap goods from China can effectively reduce the cost of living for the American people, thereby reducing the financial pressure of the US federal government, and the Ministry of Commerce will require China to let the RMB appreciate unless it is crazy.As for the threat of a few Chinese construction machinery companies to American companies, it is just a disease of scabies.

A storm did not wait to lift up, and it was already subsided.After all, the large Western enterprises still got a large number of orders at the exhibition, compared with the previous session is not much difference, so with the passage of time, because the Chinese stirred up and brought a little unpleasant to everyone, slowly forgotten.

It is not known that the Chinese pavilion that has been remembered happily returned to China, and just walked out of the security area at the airport, it received a warm welcome from various units.

The national equipment company came to welcome not many people, only a few staff members of the company's office, led by the deputy director of the office Zheng Yinxin, this is a 30-year-old lesbian, beautiful and intelligent, lively and competent.Because Feng Xiaochen repeatedly emphasized the principle of simplicity in the company, Zheng Yixin did not even hit a banner, but made a cardboard on the box, wrote a few words "welcome Feng General", so that the people next to them mistakenly think that they are the employees of the leather bag company, and maybe the whole company is so few people.

The size of the pick-up of units such as forest weight and Luoyu can be very different.I heard that the big order was signed at the Munich exhibition, and the first of several units rushed to Beijing and personally took people to the airport, and the red banner was pulled like a rural event.If it is not for the order in the terminal building, these companies would like to bring the waist drum team and the song team in the factory together, the purpose is to let the people of the country know that they have achieved a "zero breakthrough" in the top international equipment exhibition.