Textile Industry: It Is Difficult To Conceal The "Drop In The Bucket" Industrial Upgrading Is The Fundamental Way Out.

Since August 1st, the export tax rebate rate of some textiles and garments has been raised from 11% to 13%.

This is a good news for the textile industry. It has eased the tight chain of export enterprises and released the country's positive signals to the textile industry.

But compared with the unprecedented plight of the textile and garment industry, it can only be regarded as a drop in the bucket. Compared with the development environment expected by the textile industry, it is somewhat more modest.

　　企業感嘆“雪中送炭”

"Very supportive, timely help."

Liu Shubin, deputy general manager of Binzhou Yaguang towel Co., Ltd., Shandong, has calculated an increase in receivables for the reporters: the company's towel products are exported more than 90%, and the export volume is about 13 million dollars per month.

The implementation of the new export tax rebate policy in August will take 5 months to the end of the year. It will probably involve us $65 million in exports, and enterprises can directly increase profits by US $1 million 300 thousand because of policy adjustment.

The adjustment of the national policy is undoubtedly a timely relief for textile and garment enterprises suffering from exchange rate, raw materials, labor costs rising, and export tax rebates.

Shaoxing County of Zhejiang province is the largest textile production base in China.

Lu Zuoyang, director of Shaoxing Ya Jia trading company, said: "since last year, our days have been getting worse day by day, and now there is no profit at all.

In the past year, it can export 4 hundred million, and now it is more than 100000000. The volume is much smaller, and in the second half of the year it will only be 120 million.

Now the tax rebate has reached two points, and finally saw the hope that it can be restored to the previous level.

Lin Houyu, chief engineer of Jiangsu textile industry group, said that the adjustment covers a vast majority of textiles and clothing, and the export tax rebate rate of about 95% of the export value is up to a wide range of adjustments.

This means that ten thousand textile and garment enterprises in Jiangsu will benefit directly.

"If we increase the export of textile and garment industry by 15% this year, we will theoretically increase the tax rebate rate by 2 percentage points, which will directly increase the profits of enterprises by US $2 billion 700 million. In the calculation of RMB to us dollar 6.8:1, the industry profits will increase by 18 billion 400 million yuan.

Jiangsu textile and garment enterprises will save billions of dollars. "

He said.

According to the calculation of foreign trade and economic cooperation in Zhejiang Province, the export volume of textiles and clothing in Zhejiang in the first half of this year is nearly 20 billion US dollars, which is calculated by a reference value of 6.82 yuan to the US dollar. The increase is 2 percentage points, which is equivalent to 2 billion 600 million yuan saved by Zhejiang enterprises.

Compared with this year's Zhejiang province's export support policy, the 2 percentage point "support" effect is much stronger.

Not only textile enterprises are happy, but the export tax rebate rate callback is also a good news for supporting industries.

Qiu Guohong, head of the Shaoxing Hong Kong country's plate making industry, said that since this year, because of the sluggish export, the plate making industry matching the textile printing and dyeing industry has also been affected.

Not only is the list less than before, but the list is often delayed very late.

To make matters worse, as many enterprises like him are in a slump, everyone starts to sell their businesses at a lower price. Some even lose money. The original balance has begun to break and vicious competition has emerged.

"Now we have raised two points, and the upstream enterprises have reduced the pressure, and our matching downstream businesses will be better off."

He said.

　　“一根稻草”難以“起死回生”

While affirming this positive news, Liu Xinguang, vice president of Shandong Textile Industry Association, said that for these two points to be raised, foreign businessmen would not allow production enterprises to monopolize themselves, which would become a bargaining chip for foreign businessmen to place orders.

The increase of export tax rebate rate only relieves some financial pressure of export enterprises, but it does not reverse the difficult situation of China's textile and garment industry.

Xu Huanming, Secretary of the Shaoxing county Party committee, thinks that the problem of some textile enterprises is mainly due to the low level of industry, which leads to the expansion of raw material prices and the price rise of industrial products. The direct result is the reduction of corporate profits and the tight financing. This leads to the weakening of the ability of enterprises and the adjustment and sustainable development of enterprises.

Reporters learned that, due to continuous funding constraints, some textile and garment enterprises have appeared funding strand breaks.

At present, Jining Sakura group and Laiwu Yinhe Group are no longer able to provide loans due to the banks' recovery of loans, but they are caught in an unprecedented tension in the capital chain and are very difficult to operate, and the operation of the enterprises has been seriously affected.

Moreover, after the banks have reduced the scale of loans, some city and county banks have tried their best to turn normal loans into acceptance loans so as not to reduce their income, which has increased the financial cost of enterprises.

Qian Furen, general manager of Jiangsu Huafang group cotton company, the largest textile enterprise in Zhangjiagang, told reporters that the difficulties facing the textile industry are the deterioration of the living environment caused by overcapacity and rising total production costs, and the improvement of the export tax rebate rate will make it difficult for the bankrupt SMEs to return to life.

A manufacturer named sun in Shaoxing thinks that merely raising 2 percentage points has little impact on enterprises.

Because its contribution to profits may be only a few percentage points.

He said that the total cost of enterprises has risen by 15% to 20% this year.

These rises alone are obviously not enough only by raising the export tax rebate 2%.

The increase of export tax rebate rate can only play a short-term role for enterprises. The appreciation of RMB and rising cost are the heaviest burdens on enterprises.

Jia Huaijun, general manager of Shandong Ya Li Group Import and export company, admits that the pressure of RMB appreciation is far more than that of the export tax rebate.

It is understood that when exporting enterprises sign orders with foreign merchants, they usually lock a price by anticipating the appreciation of the renminbi.

In the past, when the RMB exchange rate was stable, a large list was generally signed for half a year to a year, but now it has been changed to a small list with only one season or even a few months.

Because of the great change in RMB appreciation, exporters often have to bear large exchange losses.

　　產業升級是企業根本出路

The export tax rebate adjustment can not change the fate of the textile industry, the industry believes that fundamentally speaking, China's textile industry should be based on innovation and speed up the pace of industrial upgrading.

"2% let the enterprises take a breath and keep the enterprises under moderate pressure, forcing them to improve their grades and upgrade their product structure and repay loans."

A person in charge of the Shaoxing economic and Trade Commission said the essence of the callback.

Lin Houyu said that textile and garment enterprises should sort out the relevant contracts, quotations and exports of export products related to this policy, and timely adjust relevant business strategies.

Completes the related contract record and the declaration work.

But the fundamental way to deal with the crisis is to speed up structural adjustment, pform enterprises with high technology, increase added value, establish modern marketing system, and implement brand strategy to the high-end market.

Xu Huanming is also very much in favor of this view.

He believes that textile enterprises must really care about their own innovation and brand building in the long run. In the long run, enterprises still have to cope with the severe market situation at home and abroad by improving production efficiency and upgrading their product mix, so as to survive and develop.

The difficult living environment will accelerate the reshuffling process of the textile industry, and the polarization between enterprises will become more obvious.

Some enterprises have improved their competitiveness through the product development through listing and financing in the capital market, while others have been forced to close down under the pressure of cost and capital.

Whoever can survive the difficulties ahead will be able to walk to the Real Merlin.

The industry believes that to help the textile industry achieve healthy development, it can not do without the support of national policies:

The first is to abolish the sliding tax.

Liu Xinguang believes that the current cotton prices go up abroad, the implementation of quasi tax is meaningless.

Cotton slip tax is introduced to balance the difference between domestic and foreign cotton, and now the international cotton price is higher than the domestic market.

The two is to continue to implement tax exemption policy for some upgrading and upgrading of key equipment.

Liu Shubin of Yaguang company said that at present, textile products want to enter the international market and have to import advanced equipment abroad.

Air jet looms and automatic barrel drums accounted for more than 60% of the total import equipment of cotton spinning enterprises, but the state began collecting 30% of the total value of equipment from the beginning of this year.

The three is to reduce taxes on labor-intensive enterprises.

The textile industry is an agriculture related industry, but also a livelihood industry, but the current tax is very heavy.

Yaguang company paid more than 100 million yuan in tax revenue in the first half of this year, but its profit growth was declining compared with the same period last year.