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    Zhang Qiuying: Why Does "Low Profit" Restrict The Overall Value Of China'S Spinning And Weaving Industry Chain?

    2010/10/19 10:26:00 57

    Zhang Qiuying Spinning And Clothing Industry

    Recently, such a news has attracted eyeballs.

    The 11th Five-Year

    During the period, China's industrial output value exceeded 10 trillion yuan mark, and the industrial added value accounted for more than 14% of the global manufacturing industry.

    China's manufacturing industry surpassed Japan and became the second largest industrial manufacturing country after the United States.


    China's manufacturing industry has surpassed Japan, and catching up with the US seems to be just around the corner. A report released by IHS, an American economic research firm, has shown that Chinese manufacturing industry is close to catching up with the United States.

    Mark, the chairman of the company, even predicted that China's manufacturing industry is most likely to exceed the US in 2011.


    But after the "joy", another fact also hurts us and reminds us that the Americans say: "China will eventually surpass the United States."

    China relies more on manufacturing, manufacturing accounts for more than 1/3 of China's economy, while the US manufacturing sector accounts for less than 13% of the US economy.


    Viewing the "industrial microclimate" in China's textile and clothing industry from the perspective of "economic pattern"

    industry chain

    The proportion of processing and manufacturing sector and manufacturing industry in China's economy as a whole is somewhat "familiar".


    Speaking of this, we seem to understand that Americans' confidence stems from their "small size and large output", while we are "big volume and small output".


    The textile and garment industry is already a low value-added industry, and we are quietly undertaking this.

    Low profit industry

    The low profit link.

    When the proportion of low value processing and manufacturing links is less, the profit of "R & D", "design" and "quality" account for much more, and the overall value of China's textile and apparel industry chain is also enhanced.

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