SA8000: Which has a greater positive or negative impact on China's exports?

SA8000 has its rationale, but under my country's current economic development level, SA8000 has a relatively negative impact on my country's trade development:
1. Impact on enterprises: In order to establish a good image among the public and maintain sales among consumers who are very concerned about labor standards, enterprises will have to take measures to improve labor conditions and strive for SA8000 certification. This will inevitably take a lot of time and energy as well as more management fees and costs (SA8000 certification generally takes 1 year, the certificate is valid for 3 years, and is reviewed every 6 months). Although competitiveness will be reduced from a cost perspective, it will be helpful for the future development of enterprises from the perspective of breaking through foreign barriers by obtaining certification.

2. Impact on trade: The standards stipulated by SA8000 are difficult for most export-related enterprises in my country to meet, and it is generally not easy for enterprises in many developed countries to fully meet them. If a country requires the manufacturers of its imported products to meet the requirements of SA8000, otherwise they will not be allowed to import, it will have a great impact on trade.

3. Impact on investment: China has been attracting foreign investment at a fast pace in recent years. In addition to the potential economic development speed and market, cheap labor is also one of the driving forces for foreign investment. If the labor standards are raised to the level specified by SA8000, the attractiveness to foreign investment will be reduced. Multinational companies will also be worried that their subcontractors will not meet the standards and will be unwilling to invest in China, which will have a negative effect on China's attraction of foreign investment.

4. Impact on national economic development: my country is a country with abundant labor resources. The development of labor-intensive industries is of great significance to the growth of my country's national economy and the solution of employment problems. If enterprises fully meet the SA8000 standards, their labor advantages may be lost or even turned into disadvantages. Too much surplus labor that cannot be resettled will inevitably have a negative impact on the stability and development of my country's national economy.

Although labor standards have not yet been linked to trade, it is difficult to say what form they will take in the future. Once labor standards are formally linked to trade, the impact on my country's export trade will be immeasurable. Therefore, we should always pay attention to the development of this issue and be prepared to respond.

Benefits of implementing SA8000 standards:
1. It can greatly reduce supervision costs and improve supply chain management;
2. Good supply chain management can greatly reduce procurement costs, avoid procurement risks, and establish a good trust relationship
3. Greatly improve the public and consumers' confidence in labor standards in the production process;
4. Enhance the company's reputation and improve its image;
5. Greatly reduce the cost of managing different labor standards and social requirements;
6. Improve the company's market competitiveness and attract more outstanding talents;
7. Improve employee loyalty and sense of belonging, increase productivity, and maintain loyal customers.