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information times, 2008, 03, 25, Under the influence of the adjustment of tax rebate rate and the subprime mortgage crisis of the United States, , as one of the main export industries in Guangdong Province, is quietly retiring. In the first two months of this year, the export of shoes in Guangdong dropped by 20% compared with the same period last year, while the enterprises in the Pearl River Delta region were also reduced to 1512, less than half of that of the same period last year. exports to the United States involved in subprime mortgage crisis "export tax rebate rate down" is one of the main reasons." Recently, the Guangzhou Shijing Bay Mocky shoe factory boss Chen Hao said in an interview with reporters, in July last year, the country will be footwear products export tax rebate rate down 2 percentage points, which will undoubtedly increase the original profit rate is not high the shoe-making enterprises operating pressure. Guangzhou customs official Hou Yujia data to confirm Chen Hao's words: "after the export tax rebate rate down, Guangdong shoes enterprises export significantly affected.". Since the beginning of September 2007, Guangdong footwear monthly export volumes continued to decline, which only in No jordan retro 14 white/fuchsia blast/black vember fell by 18.5%, a record monthly export volume last year, the largest decline. The situation seems even more severe after the entered the 2008. Guangdong footwear products monthly export volume continued to decline, in January exports 290 million pairs, down 20.3%; February exports 200 million pairs, down 35.7%. at the same time, by the impact of the U. S. sub loan crisis, Guangdong shoe prices for the United States exports also slowed accordingly. In the first two months of this year, Guangdong exported 190 million pairs of shoes to the United States, down by 12%. exports shoes prices reduced by 1855 in addition, the domestic "labor contract law" promulgated, but also further increased the shoe prices operating costs. Increase the tax burden on foreign capital enterprise coupled with rising RMB exchange rate, and the Pearl River Delta region of labor-intensive enterprises gradually trapped in rising costs and increasingly strict supervision, severely squeezed profit margins. It is understood that, this year 1~2 months, the Pearl River Delta region to participate in export shoes enterprises only 1512, compared with the same period last year decreased by 1855. 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