Central Provinces, Textile And Clothing Industry To Seek Development In Crisis

The impact of the financial crisis on the coastal export-oriented economic zone has become increasingly obvious. The central provinces are different in the degree of extroversion.

     危機下的差異

Xinmi city (Zhengzhou under the jurisdiction of the county city) Qu Liang Clothing Industrial Park in June 2008 signed with the Shandong clothing association, the latter is planned to run a rear cargo base, Shenzhen and Guangdong's two garment manufacturers are also ready to enter.

"But until now, basically no action has been taken."

A local insider told reporters.

"There are more than 20 coastal enterprises settled in Henan this year, but the big brands in the country are not yet available," Li Gang, executive vice president of Henan Garment Association, told reporters. "The geographical location of Henan determines that clothing companies only make big fuss in the domestic market."

"In 2008, Henan's clothing industry sales revenue growth is expected to be 25%, equivalent to last year."

Li Gang said.

Li Gang said that 70% of Henan's clothing industry is trousers, while trousers are more than 90% sold domestically. In 2008, Henan produced about 600 million trousers, and only 50% of the women's trousers production in Zhengzhou.

"Comparatively speaking, the local garment enterprises in Henan have not yet been hit by the market."

The above Henan clothing association said.

Compared with Henan, Jiangxi's clothing industry and the entire textile industry show another trend.

"The export proportion of Jiangxi's textile and garment industry is less than 30%, which is the data of Jiangxi customs statistics," Yang director, textile department of the Jiangxi provincial economic and Trade Commission's comprehensive industry management office, told reporters. "However, many enterprises invested in Jiangxi are exported through other customs. It is estimated that the external dependence of the textile and garment industry in Jiangxi should be comparable to the level of the industry in the whole country, reaching 60%."

"This determines that Jiangxi will also be affected by the coastal market."

Director Yang said.

She revealed that in 2008 1~10, the fixed assets investment in Jiangxi's textile and garment industry was 12 billion 500 million yuan, ranking seventh in the whole country and an increase of 25.11% in investment.

"Compared with the previous year's 60% and 80% increase, there has been a big drop, but the increase is less than that in the first half of 2008," he said. "The growth rate has increased."

Director Yang told reporters.

The impact of the deterioration of the international textile market on Jiangxi's textile and garment industry is lagging behind that of the coastal areas.

Because of Jiangxi's labor cost advantages and difficulties, enterprises must first turn off the coastal factories.

"If market demand continues to be weak, next year's situation will be difficult to say. The coastal crisis will deeply affect Jiangxi."

Director Yang said.

     內(nèi)生型經(jīng)濟迎來機遇

According to the public figures of Henan Provincial Bureau of statistics and Commerce Department, in 2008 1~10, Henan completed the fixed assets investment of 647 billion 968 million yuan, the actual amount of foreign capital in the province was 156 billion 680 million yuan, an increase of 34.4%, and the amount of investment outside the province was less than 25% of the fixed assets investment in cities and towns.

In 2007, the total investment in fixed assets in Henan was 660 billion 916 million yuan, and the investment outside the province was 152 billion 160 million yuan, an increase of 51.6% over the same period last year, accounting for 23.02% of the fixed assets investment in cities and towns.

In 2006, the total investment of fixed assets in Henan was 484 billion 543 million yuan, and the amount of investment outside the province was 100 billion 369 million yuan, an increase of 99.32% over the same period last year, accounting for 20.71% of the fixed assets investment in cities and towns.

In 2005, the investment in fixed assets of Henan's cities and towns was 352 billion 829 million yuan, an increase of 44.9%, while the amount of investment outside the province was 50 billion 355 million yuan, accounting for 14.27% of the fixed assets investment in cities and towns.

"The growth of investment outside the province is only higher than the total investment growth in 2006. The rest of the year is lower than the total investment growth, and the proportion does not exceed 25%. This shows that Henan is basically an endogenous economy and has a low dependence on overseas markets."

An economist told reporters.

According to the reporter's investigation, the four provinces of Hubei, Hunan, Jiangxi and Shanxi have not yet made systematic statistics on the amount of investment outside the province.

And publicly available data show that Anhui's investment outside the province is in a blowout situation, far higher than Henan.

"At present, the generally depressed market trend has been gradually pmitted from the coast to the mainland, while the areas with excessive investment in the export oriented industries from the coastal areas have been relatively affected."

The scholars said.

On the website of Anhui Provincial Bureau of statistics, the industrial growth rate is high and the pressure for enterprises to increase efficiency is bigger. The article in the two analysis of the first three quarters of the province's economic situation pointed out: "(1~8) in 2008, the overall efficiency of our province's industrial enterprises was generally good, but over 80% of the profits came from 11 industries, such as steel, coal, household appliances, chemical industry, automobiles, building materials and other industries.

Over 23.8% of industrial losses above scale, 1.2 percentage points lower than 1~5 months, and 5.5 percentage points higher than the national average, ranking the first among six provinces in Central China.

"Henan is similar to the Kansas state of the United States, and only Henan and other central regions in China can serve as the center of domestic trade logistics, forming the National Star logistics system. Shanghai and Guangzhou are only the center of foreign trade."

Liu Wei, director of Henan provincial government counselor and MBA center of Zhengzhou University business school, told reporters.

Liu Wei introduced that there are three restrictive factors in industrial pfer: geopolitical factors, industrial supporting factors and policy environmental factors.

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