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    Will "Warm Wind" Blow "Warm Winter" Far Away?

    2008/11/17 9:39:00 32

    Tax Rebate Rate Textile Exports

    What is the impact of textile export tax rebate rate on Shaoxing's textile industry?

    In November 12th, the State Council put forward four specific measures to expand domestic demand, including export tax rebate adjustment. From December 1st, the export rebate rate of labor-intensive products, electromechanical products and other products with greater impact will be further improved. Although the corresponding customs product catalog has not yet been specifically identified, the industry of our city has analyzed that textile and clothing products, which are the focus of China's exports, are bound to be among them, which means that the export rebate rate of textile and garment products will be further improved.

    How many improvements can the export rebate rate bring to the textile industry? Will it help textile enterprises to survive the "winter"?

    Export fundamentals remain unchanged.

    Unlike the toy industry in Guangdong and the shoe making industry in Wenzhou, the impact of the financial crisis on Shaoxing's textile industry does not seem to be very large. In the first half of this year, when Guangdong's toy industry and Wenzhou footwear industry were affected by the financial crisis, exports dropped sharply. Meanwhile, Shaoxing's exports continued to grow steadily. Although there was a shortage of funds among individual enterprises in September, the textile industry in Shaoxing still maintained the trend of going against the market in terms of export data.

    In the 1~10 month of this year, Shaoxing's foreign trade exports have exceeded 20 billion US dollars, reaching 20 billion 740 million US dollars, and become third cities in Zhejiang province whose foreign trade exports exceeded 20 billion US dollars. From the data of 1~9 months, textile exports continued to maintain a steady growth of 27.75%, and the textile industry is still an important camp in self export.

    The textile industry is also experiencing a crisis.

    However, entering the November, Shaoxing textile industry began to feel the cold brought by the international financial tsunami.

    The annual autumn fair is originally an opportunity for many textile enterprises in Shaoxing to undertake orders at the end of the year and even in the coming year. In the past, basically, exhibitors were able to receive orders at the Canton Fair. But this year, many exhibitors complain that the number of exhibitors has dropped sharply, and no orders have been received.

    At the same time, foreign trade companies in the textile industry are also worried about orders for the coming year. Some foreign trade companies have fixed customers to reduce orders, or after hand orders have been completed without subsequent orders. And some foreign trade companies even have some foreign orders but do not want goods. "I contacted the merchants, but they were not confident enough to wait." Chen, who is doing foreign trade in Textile City, said that it was becoming more and more difficult to receive orders during this period.

    It also depends on the global economic situation.

    Within six months, the state has adjusted the export tax rebate rate three times, and the textile export tax rebate rate has increased continuously. Then, will such a timely adjustment be a life-saving straw for foreign trade enterprises?

    Yesterday, when a reporter told some foreign trade enterprises when the export tax rebate rate was raised, most enterprises calmly said: This is good news, but it can not completely change the export predicament of the textile industry.

    "When the foreign trade situation is good, the state will raise the export tax rebate rate, of course, it will bring real benefits to the enterprises. But now the enterprise orders are very difficult to receive. How can we enjoy the benefits of the export tax rebate?" Mr. Wang, who is doing foreign trade, told reporters that for foreign trade enterprises, the most important thing is to have a market, which depends on the improvement of the global economic situation. Under the current global economic weakness, the adjustment of export tax rebate rate can not fundamentally change the current situation of textile enterprises' sharp decline in exports.

    Shaoxing textile enterprises should seize the opportunity

    However, when many textile enterprises set their sights on foreign countries, some people in the industry also reminded Shaoxing textile enterprises to keep their eyes open and look for domestic opportunities.

    The country's 40000 billion yuan expansion of domestic demand, stimulating domestic economy, is also an opportunity for the textile industry. A staff member of Shaoxing economic and Trade Commission pointed out that even now many foreign investors want to come to China to find new opportunities. Shaoxing textile enterprises should seize this opportunity. In recent years, some textile and garment enterprises have done very well through brand and design. Shaoxing textile and garment enterprises can take the opportunity to adjust sales direction, study the domestic market, and create their own textile and clothing brands. Reporters learned that, at present, some textile and garment enterprises have begun to open up the domestic market, and they are much less affected by the financial crisis. Like Zhejiang Jin Shi Knitting Co., Ltd., developing high-grade knitted fabrics for domestic high-end garment enterprises, the situation is still good.

     

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    Domestic Textile Exports Will Have Negative Growth.

    As a "barometer of foreign trade", the Guangzhou trade fair once again confirms the current situation of textile exports, and the reduction of domestic textile and apparel orders is mainly affected by the sharp shrinkage of international market demand.

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