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China's Textile Industry "Building Nests And Attracting Phoenix" Promotes Its Own Level

2010/8/10 18:51:00 110

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The outline of the 11th Five-Year plan and development put forward the need to improve the quality of foreign capital utilization and expand the international economic and technological cooperation.

Over the past 5 years, China's textile industry has continued to expand the scale of foreign capital utilization, and the quality and level of foreign capital utilization have been constantly improving, and the structure of attracting foreign investment has been continuously optimized.

And will introduce

foreign capital

Combined with internal restructuring and reform, it promoted industrial upgrading and structural adjustment, and promoted regional coordinated development.

The trend of using foreign capital decreasing year by year has become a trend.

It is undeniable that compared with other industries, in the past 5 years,

Textile industry

The scale of actual utilization of foreign capital has been decreasing steadily.

Let's first look at several sets of figures: according to the statistics of the Ministry of Commerce, in 2006, there were 3863 foreign-funded projects in the textile industry, textile and clothing industry (including shoes and caps), and the foreign capital utilized in the contract was US $12 billion 176 million, and the actual utilization of foreign capital was US $4 billion 644 million.

In 2007, 681 new foreign-invested projects were established in the textile industry, 372 less than the same period last year, and the actual amount of foreign investment was $1 billion 843 million, down 12.25% from the same period last year.

In 2008, 357 new foreign-invested projects were set up in textile industry, which decreased by 324 compared with the same period last year, and the actual use of foreign capital amounted to 1 billion 823 million US dollars, down 1.08% from the same period last year.

In 2009, the actual utilization of foreign direct investment in the textile manufacturing industry was 1 billion 392 million US dollars, down 1.5% compared to the same period last year, and the growth of foreign capital utilization was slower than the 0.5 percentage point in the same period in 2008.

In the month of 1~4 this year, the actual utilization of foreign direct investment in the textile manufacturing industry was 419 million US dollars, which was lower than the 0.4 percentage points in the same period in 2009.

It is estimated that the amount of foreign capital utilized throughout the year will not exceed that of last year.

In 2007 ~2009, in 3 years, the actual utilization of foreign investment in the textile industry decreased every year, and the number of foreign investment projects and new businesses decreased more or less.

utilize

Foreign investment

There are three main reasons for the shrinkage. First, under the impact of the financial crisis, many orders for export oriented enterprises have been greatly reduced. Meanwhile, the crisis has also caused some enterprises' assets to shrink, and the reinvestment ability of enterprises has declined.

Secondly, many factors, such as the expectation of RMB appreciation and the substantial increase in the cost of production factors, have also led to a decline in investment returns of Hong Kong, Macao and Taiwan and foreign enterprises, thus affecting their investment planning and willingness.

Third, the main competitors in China's textile industry, such as India and Vietnam, are also making plans and taking measures to attract foreign investment, which poses a great challenge to China.

In fact, the textile industry has rigid demand for introducing foreign capital in raw materials, capital, high-tech products and key components.

In particular, imports of raw cotton and textile machinery every year become an important aspect of attracting foreign investment.

Data show that in 2008 alone, the amount of textiles, clothing, textile raw materials, textile machinery and dyestuff imported from China reached US $48 billion 300 million. It is foreseeable that although the scale of absorption of foreign capital is decreasing, with the acceleration of the pfer process of the international textile industry and the temptation of China's huge market prospects, foreign capital entering China's textile industry will be a long-term and inevitable process.

Raise the level of foreign capital utilization and achieve win-win results

It is understood that in recent years, the utilization of foreign capital in China's textile industry presents several major characteristics.

First, the mode of investment is mainly Sino foreign joint venture; two, the investment structure is mainly concentrated in textile and clothing fields, and chemical fiber accounts for a certain proportion. The three is that the investment area is concentrated in the developed areas of eastern coastal textiles and clothing in China. Although there are investments in the western part of China, but the scale is small and the distribution is uneven. Four, the investors are mainly Hongkong, Taiwan, Japan, the United States, Macao, Korea and so on. Five, the scale of foreign-funded enterprises has gradually expanded in recent years, and the number of large projects and large enterprises has increased significantly.

Nowadays, foreign-invested enterprises have become an important part of China's textile industry.

Zhejiang Yangtze River Delta building materials Co., Ltd. is one of the largest concrete masonry producers jointly established by the Huzhou Silk Road Holdings Group Limited and the United States Fulin International Investment Corporation.

The Silk Road Group has owned 70% of the company's shares in recent years and has become the actual controller.

With the advantage of foreign capital technology, the Silk Road Group has invested more than one hundred million yuan to introduce two Japanese Tiger TIGER TG-4VS full-automatic concrete masonry production lines and AF-3 splitting machines, which represent the leading world in the world. In the southern suburbs of Huzhou, Zhejiang, the most developed Yangtze River Delta in China, 46690 square meters of new building materials R & D and production base were built.

The brick produced by them was selected by Shanghai World Expo this year and became the only supplier of tile in the Expo site.

The 170 thousand square meters of pavement anti-skid and permeable bricks from the China Pavilion and the Expo site are all from the company.

Zhejiang Jiaxing Zheng Qi hi-tech fabric complex Co., Ltd. is a wholly foreign-owned Taiwan company that has entered the mainland of China earlier.

In 1994, the Group invested in Shanghai. In 2002, the company invested about 4000000 US dollars to purchase 30 thousand square meters of land in the Jiaxing Development Zone, and set up the Zheng Qi composite fabric research and development center, focusing on PTFE, TPU and PU film composite technology to develop the most popular intelligent fabrics nowadays.

Li Jianda, general manager of the company, talked about the experience of entering the mainland operation company. He said that in recent years, he has realized the ideal return through the investment in the mainland, and has made a number of partners in the operation. The main reason is that there are more opportunities in the mainland market.

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Experts believe that the use of foreign capital in the textile industry has not only effectively imported foreign funds, advanced technology and modern management, but also made up for the shortage of textile raw materials and construction funds, and promoted the adjustment of technology and product structure in the textile industry. It has led to the growth of a number of talents who possess advanced technology, understand modern enterprise management and become familiar with international market business, and have greatly improved their ability to earn foreign exchange through export.

However, we should also see that attracting foreign investment has both advantages and disadvantages.

Looking at the situation of foreign capital utilization in China in the past 5 years, we can not help thinking about some existing problems.

First of all, influenced by many factors such as the appreciation of the renminbi, the rising cost of production factors and the tight liquidity, the production and operation of textile enterprises in China has been more difficult in recent years. These factors will inevitably increase the cost of foreign investment and the willingness to pursue profits.

Therefore, the pfer and change of foreign capital will be inevitable.

Secondly, because the textile industry is a competitive and traditional export industry, it is greatly influenced by the international market.

The international market will have a negative impact on my real economy.

Once the external environment of attracting foreign investment is reversed, it will impact our investment.

Third, some high and new fields and core technologies abroad can not be obtained through attracting foreign investment. The direction of investment in textile and garment processing and OEM will not change fundamentally in the near future.

Fourth, the expansion of foreign mergers and acquisitions or industry monopolies may encroach on resources and advantages and threaten national economic security, especially industrial safety.

Fifth, the scale and level of attracting foreign direct investment in the central and western regions will further expand compared with the eastern region, and the imbalance between eastern and western development will directly impede the pfer of industry to the West.

Sixth, laws and regulations governing foreign capital utilization are not sound enough. Some foreign invested enterprises abusing intellectual property rights protection are not conducive to independent innovation of Chinese enterprises.

In this regard, the State encourages China's textile industry to cooperate with related industries and promote bilateral trade in textile industry.

On the other hand, in the current situation, the state is also conducting timely policy guidance and tilt in expanding domestic demand. The purpose is to hope that the Chinese and foreign industries can further expand cooperation channels, enrich the content of cooperation, and create favorable conditions for the two sides to achieve long-term cooperation and win-win results.

As Du Yuzhou, President of the China Textile Industry Association, said, "China's textile industry has a complete industrial system, a mature industrial chain, a matching market environment, a high-quality industrial team, and a rich resource advantage."

The comparative advantage of China's textile industry has been fully released and promoted in the global market competition after China's accession to the WTO. It has played an important role of "carrying" in the wave of global industrial pfer, and has been deeply integrated into the international economic circle in the market game, and has shown strong market vitality and industrial competitiveness.

The development of China's textile industry is relying on scientific and technological progress, independent innovation and fostering its own brand, and striving to improve the contribution rate of science and technology and the contribution rate of the brand.

There is reason to believe that in the next five years, after the completion of the "12th Five-Year plan", by 2020, China's textile industry will take a new step, and the vision of achieving a textile power is not far away.