The Coastal Textile Industry Should Strengthen Cooperation With The Mainland To Tide Over Difficulties.
According to reports, China's textile and apparel exports totaled 171 billion 172 million US dollars in 2007.
Among them, textile yarn, fabric and products exports 560.
9 billion 900 million US dollars, an increase of 15 over the previous year.
0%, exports of clothing and accessories were US $115 billion 74 million, an increase of 20.9% over the previous year.
It is noteworthy that the value of textiles and clothing purchased by Vietnamese importers and retailers in 2007 reached US $4 billion 250 million, up 40% over the same period last year. DavidKnapp, chairman of the US Chamber of Commerce in Vietnam, said that the main brands in the United States believe that Vietnam has become the most capable and reliable platform for garment production in the world, and Vietnam has become one of the countries that can compete with China, especially in the clothing industry. In the first 10 months of last year, Vietnam exported $3 billion 330 million worth of textiles to the United States, accounting for about 52% of Vietnam's textile and clothing exports.
This has made China's textile and garment exports encounter unprecedented difficulties this year. Without changing strategy, many business opportunities will be lost.
Since last year, with the adjustment of domestic policies, the export tax rebates of many textile and garment products have been reduced, including the processing trade restrictions or prohibition catalogues. This year, with the increasing impact of the subprime mortgage crisis in the United States, the weakness of the international market and the accelerated pace of RMB appreciation, textile and garment enterprises are even more worried.
According to the statistics of China Customs, the import and export of textiles and garments in February 2008 amounted to 11 billion 350 million US dollars, down 7.2% from the same period last year. Among them, the export volume of US $10 billion 290 million decreased by 8. 4%; import 10. 600 million US dollars, an increase of 6.7%. The trade surplus reached $9 billion 230 million in the month, down 10%. 1~2 textile and apparel imports and exports 281. 400 million dollars, an increase of 9. 2%, exports of US $25 billion 620 million, an increase of 9.7%, and imports of US $2 billion 510 million, an increase of 4.4%. The surplus is 231. 100 million US dollars, an increase of 10. 2%.
The sharp fall in exports was influenced by factors such as the appreciation of the renminbi, the rising cost of labor and raw materials, the economic downturn in the US, the factors of the Spring Festival and the over year base.
It is reported that at the 103rd Canton Fair, difficulties in paction and order reduction have become a common phenomenon faced by textile and garment enterprises. 2008 will undoubtedly become the most difficult year for China's textile and garment industry, and will also become a reshuffle for the industry.
At the 103rd Canton Fair, business manager of LAN Yan group from Zibo, Shandong said that Lan Yan is China's largest denim fabric and garment manufacturer, and this year's exports also encountered great problems, especially the overall shrinking of the US market. There is an American big customer's annual orders of 5 million meters, and this year only 1 million meters.
Some exhibitors reflect that there are many uncertain factors. The way of bulk orders is likely to send enterprises to a loss. Taking the first quarter of this year as an example, the appreciation of the RMB is more than 4%, and it is easy to "eat" the profits.
There are only two ways:
- vigorously upgrading products and technology. The textile industry is a fully competitive industry. In the case of changes in internal and external environment, enterprises should adjust their production and operation strategies in response to environmental changes. For enterprises with strong strength, product upgrading and technological innovation should be vigorously promoted, and market space should be consolidated and expanded through differentiation strategy.
- give more orders to enterprises in the Midwest. In order to maintain the international market share of China's textile and garment industry, the Ministry of Commerce has pushed the coastal processing trade to the central and western regions since last year, and more and more enterprises are showing benefits in industrial pfer. For example, compared to Hangzhou, the labor cost per person in Hefei has decreased by around 100 yuan per month, and more orders have been placed in the central and western enterprises.
This is undoubtedly an opportunity for the Midwest enterprises. It is worth grasping.
It is suggested that the mainland textile and garment enterprises take the initiative to attack. Now or never.
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