Weihai Garment Enterprises Or Earthquake Reduction Of Export Dependence On Japan

On March 19th, Japan is one of the important trading partners of Weihai economic and Technological Development Zone. There are 144 enterprises in the region that have dealings with Japan.

In 2010, the area was $353 million 650 thousand for the Japanese trade, accounting for 9.9% of the total.

After the strong earthquake and tsunami in Japan, the Management Committee of the development zone and the competent foreign trade department responded quickly.

This is a critical period for earthquake relief in Japan, and food demand is soaring.

To seize this business opportunity, the Development Zone Management Committee, taking advantage of the wide range of information channels, promptly organized relevant departments to understand the needs of the Japanese market, and targeted the organization of food processing enterprises that did not carry out export business to Japan, and docking with the Japanese market to carry out export business to Japan.

For the food processing enterprises that have already launched export business to Japan, the Development Zone Management Committee has done a good job in production protection, and on the other hand, has coordinated the commodity inspection, customs and other departments to open up a green channel to ensure that the export of food products to Japan can get, go, and go fast.

While food companies seize business opportunities, the Development Zone Management Committee and relevant departments are always concerned about the development of the situation, analyzing and forecasting the changes in the Japanese market, aiming at the possible shrinkage of the clothing market, and guiding the risk of avoiding risks to the Japanese export garment enterprises.

The Japanese export garment enterprises also calmly analyze the possible changes in the market, rationally adjust the market structure and arrange production.

"The earthquake will inevitably result in a decline in Japanese buying desire and a decline in market demand.

The 4 and May of last year were the golden period of the Japanese clothing market. This year, this opportunity will no longer exist.

It is urgent for us to solve this unfavorable situation and develop new markets quickly.

Wang Weihai, deputy general manager of Sino South Korean joint venture Weihai nite Garments Co., Ltd. analyzed, "after the earthquake, the demand for the Japanese market will drop sharply. We will reduce our dependence on Japanese exports and concentrate our efforts on stabilizing and developing the European and American markets."