Textile Export Enterprises Can Get Rid Of The Predicament By Creating Brands.

Since August 1st, the export tax rebate rate of our textile and clothing has increased from 11% to 13%, which has slowed down the pressure of textile and garment export enterprises to a certain extent.

However, due to factors such as RMB appreciation and external demand reduction, the survival pressure of textile and garment enterprises is still very large.

Faced with export difficulties, many textile enterprises are stepping up their upgrading.

According to customs statistics, in the first half of this year, China's textile and clothing exports amounted to 81 billion 700 million US dollars, an increase of 11.4% over the same period last year, an increase of 5.6 percentage points.

Some small textile and garment enterprises have great pressure, and have cut down production or even shut down.

But reporters in Wujiang, Jiangsu understand that some local textile enterprises, not only exports have not decreased, profits have increased significantly.

Miu Hangen, chairman of the board of directors of Jiangsu Sheng Hong Group: this year, the sales revenue of the entire group is expected to increase by more than 35% over last year, exceeding 10 billion yuan.

Miu Hangen said that the secret of their profitability is the upgrading of textile products.

Two years ago, they introduced microfiber production line.

This superfine fiber has only 1/6 thickness of hair, and the high-grade fabric produced is soft, comfortable and expensive.

Its profit has increased by more than 5 times than that of ordinary fibers.

While another textile enterprise has put into use the professional memory fiber production line, not only the export price is twice higher than the ordinary fiber, but also the profit has increased by 10 times.

Zhou Shijian, executive director of the China International Trade Association, is now critical to our textile and garment enterprises. The most important thing is to adjust and improve, and develop in the direction of deep processing, high added value, top grade and brand name, so as to alleviate the difficulties of the current labor-intensive enterprises.