The United States Reinvigorate Its Shoes And Clothing To Create &Nbsp; China's Competitive Advantage Is Obvious.
American reflection is worth learning from.
Long Yongtu, who was once the chief negotiator of China's accession to the WTO, published his views on the ten year forum on China's accession to the WTO held by the China Electrical Appliances Association and the Southern Newspaper Media Group. He said that after the collapse of the Internet bubble and the global financial crisis in 2008, the US government reconsidered and decided to revive the manufacturing of shoes and clothing, which is an important conclusion for us and global economic policymakers.
"Shoes and clothing processing and manufacturing industry has won the first barrel of gold for China's economic development, creating a large number of employment opportunities, so that China's urbanization process can be carried out. Will China have to go a long way to become a developed country like the United States? Will it give up the manufacturing of shoes and clothing now? "
Competitive advantage will not change in the short term.
Experts say that China's development of footwear and other manufacturing industries is determined by China's national conditions. In the current financial crisis, China Export trade It has fallen sharply, but a few months later, it is the garment industry, shoes and other labor-intensive industries supporting the recovery of China's exports. The whole manufacturing industry, especially the labor-intensive manufacturing industry, such as shoes and clothing, is the strength of China's economy in international competition. This trend will not change for a long time in the future. On the other hand, the contribution of Chinese footwear and other manufacturing industries to the whole economy is not only reflected in the creation of wealth, but also in the creation of employment opportunities, so as to maintain stable development in China.
Appealing to the policy of large employment
The government should consider giving the labor manufacturing industry tilt in terms of tax policy. "In the past, we should talk about big profits, and now we should advocate big employment. We should give some tax exemption indicators to enterprises with more shoes and clothing. If the government policy does not give these enterprises more and more expensive and more and more pressure, it is bound to cause many manufacturers to lose their manufacturing industry, because they can not stick to their morality or love for the manufacturing industry, and profits are still a very big temptation. The industry said that the necessary policy adjustments in this regard should be mentioned on the agenda, otherwise it may repeat the mistakes of the US financial crisis.
After having survived the financial crisis, Chinese shoes and clothing manufacturers have not had a light day. Since the beginning of this year, factors such as limited electricity consumption, insufficient employment, difficult bank loans and rising cost of raw materials have brought heavy burden to the shoe and garment manufacturers. Media reports indicate that some small and medium sized enterprises that are short of funds are borrowing money from underground banks at an annual rate of 60%. Enterprises with a little strength in shoes and clothing have already turned to industries with higher profits such as real estate or for financial investment. For example, real estate projects such as AOKANG shoes and garment manufacturers have become an important part of their business.
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