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    Yantai Clothing Association Convenes The Conference To Challenge The Crisis

    2008/11/8 9:34:00 23

    Yantai Clothing Crisis

    The subsequent release of the US subprime mortgage crisis and the increasing instability of economic growth bring adverse effects to the textile SMEs.

    In order to effectively grasp the direction and promote the pformation of production mode, on the morning of 6 th, the Yantai Garment Association held the third member congress. Wu Jianmin, chairman of sulang fashion, was elected as the new president. The leaders of the Yantai Municipal Economic and Trade Commission attended the celebration.

    The new garment association said it will face the challenges bravely and promote the healthy development of the garment manufacturing industry in a difficult way and make Yantai make bigger and stronger.

    Yantai garment industry association has been making positive contributions to the development of garment industry in Yantai in the past ten years.

    By the end of last year, 254 garment enterprises above Designated Size in Yantai had completed the industrial added value of 6 billion 106 million yuan, an increase of 37.43% over the same period last year. The main business revenue was 18 billion 11 million yuan, an increase of 21.03%; the realization of profits and taxes was 1 billion 820 million yuan, an increase of 27.09% over the previous year; the profit was 1 billion 319 million yuan, an increase of 27.69% over the previous year.

    Clothing output was 215 million 816 thousand and 700, an increase of 103.1% over the previous year.

    At present, the clothing of Yantai has 4 famous brands in Shandong, such as "Shu Lang" brand women's clothing (Fashion), Nanshan brand clothing and "Oscar" brand shirt; 3 famous trademarks of Shandong, such as "Shu long" brand, "Ma Ma" brand, "Chong Long" brand clothing, and so on, 3 provincial technical centers of Zhaoyuan Knitting Factory Limited, Nanshan Group Company and so on.

    This year, influenced by the subprime mortgage crisis in the United States, the current global economic growth has slowed down in general and uncertain factors of instability have increased, which has adversely affected China's textile small and medium-sized enterprises.

    This year, the garment industry is facing enormous internal and external pressures such as RMB appreciation, export decline, raw material and energy price rise, capital pressure increasing, labor cost rising and so on. Many small and medium-sized garment enterprises in our province are struggling at the edge of losses.

    In this regard, members of the new clothing association said that 2008 will be an important period for the pformation of the garment industry. They will adjust their development ideas, pform and upgrade through technological innovation, brand and channel construction and industrial pfer, accelerate the adjustment and reform of the industry, and ultimately improve the overall development environment of the industry, enhance the competitiveness of the industry, and make the garment manufacturing industry "Yantai made" bigger and stronger.

    At the same time, the Yantai economic and Trade Commission, as the government functional department, also expressed that it will encourage and support the work of the association by focusing on the support of coal and electricity supply, strengthening the credit support of the association of silver and enterprises, accelerating the construction of the credit guarantee system and so on, increasing the credit support to the clothing industry and small and medium enterprises, and meeting the demand for funds, optimizing the product and industrial structure, developing the characteristic industrial clusters, strengthening the large and backbone enterprises, and vigorously implementing the brand strategy to strengthen support for clothing enterprises.

     

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