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Wuxi New World International Textile And Garment City Has Fallen &Nbsp.

2010/7/26 9:56:00 27

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Wuxi

The new world (12.30, -0.10, -0.81%) International Textile and garment city was exposed by the media: more than 3/4 of the nearly more than 6000 stalls in the mall are empty shops.

According to the insiders, the decline of the Textile City, known as the world's first textile industry, has not only sounded the alarm for the listed companies that have invested heavily in the construction of the specialized market, but also struck the construction of all kinds of Technology Parks and industrial parks.

Alarm bell

。

Since 2005, the Yangtze River Delta region has launched a "city building campaign" with strong industrial foundation, abundant material resources and good expectations for textile market.

Around the year 2006, more than 10 textile and garment cities sprung up in the Yangtze River Delta, involving nearly 100 billion capital, and almost every "Textile City" claimed to become the "aircraft carrier in the industry".

As early as 2005, the first China International Textile and garment logistics and

Electronic Commerce

An incomplete statistics of the summit, as many as 260 large and small textile cities are being built and planned.

But Xu Mingrui, managing director of Shanghai Shen Yi Hui commercial real estate agency, pointed out that in the long run, there are about two large textile cities in the Yangtze River Delta.

And now the textile city that has been launched is likely to be left empty because of oversupply.

According to the insiders, behind the rise of the "city building movement" in the textile industry, on the one hand, under the circumstances of the central government's macro-control of real estate, quite a number of developers have cast their sights on a new field -- industrial real estate. In addition, the export of large quantities of exports to domestic demand has also promoted the rise of the textile city.

The "city building movement" is too hot. It is also closely related to the local government's GDP impulse and poor guidance.

In the Textile City area, in the industry is more famous, when the number of Shaoxing's listed textile city, even the leading enterprise, is also faced with many difficulties in the state-owned and private run.

In recent years, after the position of the controlling shareholder to the local state capital, the follow-up of the light textile city to the flourishing is still full of uncertainty.

So is leading enterprises. Other textile cities are also not optimistic.

For investors, the decline of the first textile city means that the market competition of the light textile city of the listed company is very fierce. At the same time, the industry shuffle is unavoidable for a long time.

In the listed companies, there are also small commodities cities (21.90, -0.06, -0.27%) and Haining 34.40,0.45,1.33%.

Similarly, there are risks in various industrial parks, industrial parks and technology parks developed by listed companies.

What journalists know is a mainland town which is not firmly rooted in industry and built an industrial park in the first two years. It even claims to build a "billion industrial park". For example, last year's capital construction of Longyuan construction (9.82, -0.17, -1.70%), its first level land development project in Ling'an also put forward good expectations for future investment promotion, but the reporter interviewed at that time found that the facts were not so optimistic.

Behind all kinds of "Parks" and "cities", the local governments' investment in land sales and developers' short-term profits have become the main driving force, and the fruits of these huge investment projects will finally bear fruit.