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    Shishi Textile And Garment Industry Calls For Hidden Rules

    2008/7/31 9:19:00 29

    Shishi Textile And Garment Industry Calls For Hidden Rules

    Lai Zong, a clothing company, told reporters that in recent years, the arrears of "fashionable" loans in our city were terrible, which affected the development of the entire textile and garment industry.

    According to the introduction, because of the long time it is difficult to get the payment, some cloth enterprises in our city simply stopped the cooperation and supply of the local garment factory customers, and sold the cloth to customers in Wuhan and Guangdong.

    In fact, as the middle reaches of the clothing enterprises, they also have misery: on the one hand, dealers take their clothes to sell, and later they do not pay them to them. On the other hand, dealers also take the money to purchase clothing in the field.

    "This is bound to fall into a vicious circle and eventually endanger the whole industry."

    Lai said.

    Mr. Liu, assistant general manager of Shishi, a general manager of a Shishi cloth shop, said that many of the former banks had a weak sense of safety. They did not know how to take effective measures to safeguard their legitimate rights and interests. The cooperation between the cloth shop and the downstream garment factory customers was mostly based on the so-called "familiarity" and "trust" between the two sides, and only by oral agreement, pactions led to the increasing delinquency.

    Some garment factories failed to repay the goods for a long time, and finally went away, causing heavy losses to the cloth shop.

    Since the beginning of this year, our textile industry has entered a big shuffle period. Many banks have realized the significance of risk aversion, and have invented it and implemented new trading measures.

    If the "451" and "361" settlement methods are implemented, the so-called "451" approach means that when the clothing factory customers purchase cloth from the cloth shop, the cloth collector will receive the deposit from the customer of the garment factory 40%% in advance, arrange the materials for the layout of the cloth, and then charge the customers of the garment factory to 50%% after the production of the fabric production is finished, until the delivery to the garment factory and the manufacturer's inspection, the remaining 10%% will be collected again.

    The "361" way is similar.

    Assistant Liu said that they not only introduced such a way to pay settlement with customers of garment factories, but also signed cooperation agreements and trading contracts with partners so that cooperation and pactions had legal testimony and protection.

    New changes have taken place in the market and business confidence has been restored.

    The "hidden rules" in arrears of payments are the "corrosive agents" for the healthy development of enterprises and industries, and must be cleaned up.

    Hong Chung, who is engaged in the wholesale sale of women's clothing, said that although the resumption of the normal trading mechanism of the goods had made dealers less "free", they still would like to see such a new phenomenon.

    "It's good for the whole industry!"

    He said.

    Assistant Liu believes that the whole industry's big reshuffle since last year will last until the end of 2009. During this period, there will be a large number of enterprises that are not competitive and fail to maintain good faith.

    "By 2010, we will see a brand new and dynamic market."

    He said with confidence.

    Insiders said that this year's new changes in our textile and garment industry are the result of industrial restructuring and market optimization, which is gratifying.

    However, if we want to achieve long-term benefits and stabilize the healthy market, we must establish a linkage mechanism and regulatory mechanism. Relying on industry self-regulation and government regulation, we will make the "hidden rules" die and the market can flourish again.

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