ITIS Factory promises to every customer：
Design & sampling: 1-2 days
Production time: 7-15 days
Delivery time: 7-35 days, depends on shipping way
Capacity: Fully automated equipments ensure timely delivery
Quality control: Ensure no defective products leave our factory
Cost control: Refined management to ensure the best prices are provided
Supply Chain: With 20 years of rich experience and complete supply chains, we can meet customers' any need
One-stop service: ITIS factory provides one-stop service from design to production and door-to-door delivery.
After sales: Free production & transportation if our responsibility
Collaborative brands: Cartier; Swarovski; Van Cleef & Arpels
On December 12th, the Bank of China Research Institute released the "China Economic and Financial Outlook Report (2024 Annual Report)". The report predicts that China's exports will grow by about 2% year-on-year in 2024, and the growth rate is expected to rebound by about 6.2 percentage points compared to the previous year. From the perspective of export destinations, China's exports to emerging economies remain an important support.
The report shows that China's foreign trade exports have shown three major changes in 2023.
One is the continuous upgrading of export product structure, with a significant increase in the proportion of technology intensive products. In the first three quarters of 2023, among the top ten key export commodities in China, there were a total of 5 categories of technology intensive products, ranking relatively high, accounting for 22.5% of the total export amount. Electronic components became the largest export commodity category in China. It is worth noting that cultural products have entered the top ten of China's export commodity scale for the first time. By comparison, in 2018, China's export structure was still dominated by traditional labor-intensive products, with only three categories of technology intensive products ranking relatively low, accounting for 18.9% of the total export value. Meanwhile, in 2023, China's exports of electromechanical products performed better than traditional labor-intensive products. Among them, automobile exports are particularly impressive, with a year-on-year growth rate consistently maintaining a super high range of over 35%. The "new three types" have become a new driving force for China's export growth, with a cumulative year-on-year growth of 30.5% in the first three quarters of 2023, far higher than the overall export growth rate.
The second is the increasing importance of emerging markets in the export destination structure. In the first three quarters of 2023, among China's top 20 export trading partners, the share of emerging economies in China's exports increased from an average of 27.8% from 2013 to 2022 to 34.3%. Among them, China's export growth rates to emerging markets such as ASEAN, Russia, Africa, and Latin America were -5.3%, 52.2%, 8%, and -3.9%, respectively, which were better than the overall export growth rate. The report believes that due to the impact of industrial relocation, the industrial chain relationship between China and emerging economies such as ASEAN has become closer, and ASEAN's role as an intermediary in Sino US trade is becoming increasingly prominent. Historical data shows that there is a significant positive correlation between China's exports to ASEAN and the demand for imports from the United States. This has also driven China's exports to emerging economies such as ASEAN. Since 2023, China's exports of intermediate and capital goods to economies such as ASEAN and Mexico have grown rapidly. Meanwhile, thanks to the rise in commodity prices, sustained recovery in domestic demand, and industrial upgrading, some emerging market countries have performed well in their economies since 2023, leading to an increase in demand for intermediate goods in the production category exported from China.
In contrast, the proportion of developed markets in China's export share has decreased. Since 2023, China's exports to developed economies such as the United States, the European Union, and Japan have experienced a deep negative increase. The share of developed economies in China's exports has decreased from an average of 46.9% from 2013 to 2022 to 34.3% in the third quarter of 2023. The report suggests that industrial production in developed economies is weak; Disturbance from geopolitical factors; The United States is still in a destocking cycle, and factors such as a relatively lagging restocking cycle have suppressed the growth of China's exports. Since 2023, the manufacturing PMI of the United States and the European Union has continued to be in a contraction range, while the industrial production index of developed economies such as the United States, Germany, the United Kingdom, and South Korea has continued to decline. At the same time, the negative impact of tight monetary policy is highlighted. The continued high interest rates have restrained domestic investment in major developed economies. Private investment has become a major drag on the economic growth of the United States. The growth rate of the total formation of fixed assets investment in the euro area has continued to decline month on month. This may suppress their companies' demand for imported Chinese goods. In addition, the increasing global trade and technology protectionism policies, as well as the developed economic system's manufacturing backflow strategy and "nearshore" and "friendly shore" outsourcing, have also had an impact on China's exports.
Thirdly, service trade continues to grow, and the proportion of knowledge intensive service trade has increased. According to the above report, from January to October 2023, China's service trade accumulated a year-on-year growth of 3.1%, a decrease of 11.2 percentage points from the same period last year. Among them, due to the year-on-year decline in exports in processing services, transportation, financial services and other fields, the cumulative year-on-year decrease in service exports was 14.1%. At the same time, China's service imports have accumulated a year-on-year growth of 16.8%, with travel and cultural entertainment becoming the main driving forces. During the same period, China's trade deficit in services widened. From January to October 2023, it was $186.3 billion, an increase of $108.1 billion from the same period last year and close to pre pandemic levels ($220.1 billion in the same period in 2019). It is worth noting that the proportion of knowledge intensive services in service imports and exports has increased. From January to October 2023, the cumulative proportion was 45.9%, an increase of 0.1 percentage points from the same period last year and 5.4 percentage points from 2019.
With the recovery of the global market, the consumption levels of various industries will rebound, and it is believed that the fast-moving consumer goods industry in jewelry will inevitably experience explosive growth. As a professional custom jewelry packaging box factory, we have taken the following measures from various aspects such as material inventory, personnel training, and equipment updates:
Customized jewelry packaging: adding color and color to your brand
Against the backdrop of global trade gradually recovering, the demand for customized jewelry packaging is growing day by day. As a partner of your jewelry brand, we are well aware of market changes and customer needs, so we are fully prepared to ensure that we can provide you with the highest quality service when there is a surge in demand for customized jewelry packaging.
Material inventory: quality assurance
As a key component of customized jewelry packaging, material selection is crucial. Our material inventory gathers a variety of high-quality and creative materials, aiming to create a unique packaging box for your jewelry brand, showcasing the brand's unique charm.
Diverse choices to meet needs
In our custom jewelry packaging factory, there is a rich and diverse inventory of materials, covering various materials and styles. Whether you prefer classic paper boxes, gorgeous silk packaging, or fashionable plastic boxes, we can provide you with the most suitable choice. We are well aware that each brand has a unique positioning and style, so we are committed to providing you with personalized customization services to make your customized jewelry packaging unique.
Quality assurance, unlimited creativity
We focus on the quality and environmental friendliness of materials, and all materials undergo strict screening and inspection to ensure compliance with international standards and quality requirements. Whether you need to customize the appearance design of jewelry packaging boxes or choose internal liners, we can provide you with the highest quality materials to achieve the best results in both appearance and texture of your products.
Technological innovation, leading by one step
We continuously monitor the latest trends and technological developments in the industry, introduce advanced production equipment and process technology, to ensure that our material inventory always maintains a leading position. Our custom jewelry packaging factory has a skilled and experienced team that can provide you with the most professional and innovative material selection suggestions, making your packaging design more creative and attractive.
Choose us, choose high-quality custom jewelry packaging material inventory, let your brand stand out in the market, and win the favor and recognition of more consumers. We will continue to work hard and continuously improve our service level to provide you with more diversified and personalized customized jewelry packaging solutions, and work together with you to build a successful future for our brand.
Personnel Training: Professional Team
In the custom jewelry packaging industry, the technical and professional level of employees is crucial. Our custom jewelry packaging factory focuses on employee training and is committed to building a technically skilled and experienced team to provide you with the most professional and efficient custom jewelry packaging services.
We focus on talent cultivation and have a skilled and experienced team that can tailor unique jewelry packaging solutions for you. Whether it's designers, craftsmen, or production personnel, we are committed to providing you with the most professional and efficient services to ensure that your customized jewelry packaging achieves the best results.
Professional skills, striving for excellence
At our custom jewelry packaging factory, we provide employees with a comprehensive training program covering packaging design, manufacturing processes, material selection, and more. Our training courses are taught by industry experts and senior technical personnel to ensure that employees are up-to-date with the latest technologies and trends, and constantly improve their professional skills. Whether it is the design of customized jewelry packaging boxes or the mastery of production processes, we are committed to cultivating the professional skills of our employees, allowing them to strive for excellence and provide the highest quality service for your brand.
Teamwork and create brilliance together
At our custom jewelry packaging factory, teamwork is our core philosophy. We encourage communication and cooperation among employees to promote team cohesion and creativity. Whether it's packaging designers, production workers, or quality inspectors, we all value teamwork, work together, and grow together. We believe that only by uniting can we provide customers with the best customized jewelry packaging solutions.
Innovative spirit, leading the future
We encourage employees to maintain an innovative spirit, constantly explore and try new design concepts and process technologies. Our training courses not only focus on imparting basic skills, but also on the creativity and imagination of employees. We believe that only through continuous innovation can we lead the future of the industry and provide customers with more competitive customized jewelry packaging services.
Choose us, a custom jewelry packaging factory with a professional team and innovative spirit, to give your brand a unique competitive advantage in the market. We will continue to increase investment in employee training, continuously improve the professional level and service quality of our team, and work together with you to create a brilliant future of brand success.
Production equipment update: leading technology
We constantly update our production equipment and introduce the most advanced production technology to ensure that production efficiency and quality reach the highest level. No matter the size of your order, we can respond promptly to ensure the shortest production cycle, allowing your customized jewelry packaging to be launched in a timely manner and seize market opportunities.
In the custom jewelry packaging industry, updating and upgrading production equipment is crucial. Our custom jewelry packaging factory is always committed to introducing the most advanced production equipment and process technology to ensure that we can provide customers with the highest quality and efficient custom jewelry packaging services.
Leading technology and improved production efficiency
Our custom jewelry packaging factory constantly pays attention to the latest technological trends in the industry and actively introduces advanced production equipment to improve production efficiency and quality. Whether it's automated packaging production lines, CNC cutting machines, or high-speed printing equipment, we keep updating our equipment to ensure that the production process is more precise and efficient. We believe that only with technologically advanced production equipment can we provide customers with faster and higher quality customized jewelry packaging box production services.
Quality assurance and innovative production
We focus on the quality and stability of production equipment, and all equipment has undergone strict testing and debugging to ensure efficient and stable operation during the production process. Our production equipment updates not only focus on improving production efficiency, but also on ensuring production quality. Whether it is the molding of customized jewelry packaging boxes or the precision of printing technology, we can achieve higher levels of production quality through advanced production equipment.
Environmental protection, energy conservation, and sustainable development
Our production equipment updates not only focus on technical performance, but also on environmental protection, energy conservation, and sustainable development. The production equipment we have introduced complies with the latest environmental standards, adopts energy-saving technology, reduces energy consumption and waste emissions, and is committed to creating a green production environment. We believe that only on the basis of environmental protection and energy conservation can we achieve sustainable production and provide customers with more socially responsible customized jewelry packaging services.
Choose us, a custom jewelry packaging factory with advanced technology and quality assurance, to make your brand stand out in the market. We will continue to increase investment in updating production equipment, continuously improve production efficiency and quality level, and work together with you to create the future of customized jewelry packaging industry.
In the context of global trade recovery and rising consumer power, the demand for fast-moving consumer goods such as jewelry is bound to rise. We will continue to increase investment in material inventory, personnel training, and production equipment updates to cope with market changes and provide you with higher quality and more efficient customized jewelry packaging supply services. Choose us to make your brand stand out in fierce market competition and win the favor and trust of more consumers.
Looking ahead to 2024, the report believes that both upward and downward factors coexist in China's exports, and structural upgrading is expected to continue.
From the perspective of upward factors, new structural highlights of China's exports are expected to continue to emerge. In the context of global carbon neutrality, China's new energy industry chain related products have global leading advantages in terms of price, technology, quality, etc. The export growth rate of new energy vehicles, photovoltaics and other products is expected to remain in a relatively high range. With the further development of terminal application scenarios such as ChatGPT and business formats such as cloud computing, big data, and the Internet of Things, the global semiconductor industry is gradually bottoming out and recovering, and the export growth rate of China's electromechanical related categories is expected to rebound as a result. At present, the United States remains an important trading partner of China. In 2024, most industries in the United States are about to enter a restocking cycle, and import demand for consumer electronics, furniture and building materials, food and agricultural products, textiles and clothing and other commodities may expand. This is also beneficial for the improvement of China's export situation.
From the perspective of downward factors, the uncertainty of the international environment still exists. Protectionism and geopolitical risk factors are increasing, and political elections in major economies around the world are unfolding one after another. The international situation will still be in a period of turbulence and change, which is not conducive to global economic and trade stability and development. Meanwhile, the lag effect of tightening monetary policies in developed economies in Europe and America is still present. Although the interest rate hike cycle in Europe and America is coming to an end, the interest rate level is still in a historically high range, and the inhibitory effect on private consumption and corporate investment will continue. This will also have adverse effects on the recovery of global growth momentum and the recovery of international demand.
As the global market recovers, we welcome major jewelry brands to come and customize jewelry packaging boxes. ITIS Customized Jewelry Packaging Box Factory, we are fully prepared to provide high-quality and cost-effective customized jewelry packaging box factories for jewelry brands. We also provide one-stop customization services from design to production.
