The Status Of China'S Textile And Garment Industry Is Irreplaceable.

< p > recently, the report of the 16 countries wanting to become a successor to China's manufacturing industry has aroused a heated debate and debate that China's "a target=" _blank "href=" http://www.91se91.com/ "textile" /a "a target=" _blank "href=" target= ".

In choosing the best destination for manufacturing, the cost is obviously not just raw materials, but also not all.

China is irreplaceable because it has unmatched advantages.

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< p > in recent years, with the rising cost of raw materials and labor in China, some textile companies, such as a href= "http://www.91se91.com/news/index_c.asp" and garment enterprises < /a >, have begun to look for cheaper destinations in other markets outside China and try to find the next China.

From Africa to the Americas, from Burma to Bangladesh, the industry's discussions on the next procurement hotspot never seem to stop.

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Shortly before the "P", a report from the US security think tank Stratfor Global Intelligence about the 16 countries' desire to take the opportunity to realize the "a href=" http://www.91se91.com/news/ "manufacturing" /a "greater development" was launched, and it aroused a heated debate and debate about the trend of China's textile and garment manufacturing industry. Some of the professionals who were responsible for the global clothing procurement actually played a ridiculous annual collection and guess contest named "guess who's the next China".

Some even set out the scope of activities in Africa, especially in Africa, Tanzania, Kenya, Uganda and Ethiopia, and India, Sri Lanka, Indonesia, Burma, Bangladesh and so on.

Where is the competitive advantage of Chinese textile < a href= "http://www.91se91.com/news/" > garment manufacturing industry < /a > Where can the status of the eldest brother be shaken? Can the status of the manufacturing industry really be shaken? Can the manufacturing industry replace China? Can it be established? < /p >

< p > purchasing place is not equal to low wage < /p >

David Birnbaum, founder of Third Horizon, a global clothing industry research consultancy, told reporters last week: "clothing manufacturing destinations are far from finding only the lowest cost of labor." P

In choosing the best destination for manufacturing, the cost is obviously not just raw materials, but also not all.

Enterprises also need to consider plant costs, utilities, financing, pportation, import tariffs and warehousing, reliability; local infrastructure (including political stability, ports, road traffic and power supply); local availability yarn, < a target= "_blank" href= "http://www.91se91.com/" > cloth < /a > dyeing and fittings; moral and environmental compliance.

China not only has all this, but also has other unparalleled advantages: for example, relying on improving productivity, China's clothing production has doubled since 2005, and China's production capacity in spinning, knitting and weaving occupies 60%~75% of the whole world. From procurement to every aspect of raw materials, it has an efficient infrastructure to achieve < a href= "http://www.91se91.com/news/" > clothing production < /a >; efficient pportation and convenient customs management to facilitate product logistics.

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< p > David Bourne and Baum strongly agree with George Friedman, chairman of Stratfor Global Intelligence, the US security think tank: "no country can replace China at present.

The size and scale of China are amazing.

This means that its successor will not be a country, maybe some countries, a region such as North American Free Trade Area, China ASEAN Free Trade Area, South Asia or ASEAN, but it is time to verify whether these areas are suitable for the eldest brother.

Bourne and Baum explained.

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< p > < strong > comprehensive advantage is unassailable < /strong > < /p >

P > from the current wage level of garment industry, the wage cost of Bangladesh is about 60 US dollars / month, while China's nearly 450 US dollars ~600 dollars / month, for manufacturing industry, why is China's manufacturing industry not bankrupt in the high price competition in the crucial cost control link for manufacturing industry? It still sticks to the status of the boss. It focuses on < a href= "http://www.91se91.com" > the global garment industry /a /a consulting company Third Horizon, recently mobilized the most senior purchasing experts in a large number of industries, visited more than 150 factories in 7 countries (including Bangladesh, Kampuchea, China, India, Indonesia, Turkey and Vietnam), and successfully collected the most detailed research data in the history of the global garment industry. <

If we compare China with Meng Jia La country, people will understand the real cause of "a href=" http://www.91se91.com "/a".

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< p > from the following chart (benchmarking research, Meng business survey), in addition to off shore prices, China is far more than every country in Bangladesh in terms of clothing exports.

Although FOB is still very important, relative offshore value will have a much smaller impact on corporate profitability.

Third Horizon said that when we looked at a series of data related to China's competitiveness, we came to two direct conclusions: "first, the choice of manufacturing destinations is a very complex problem. Two, it is foolish to try to find the concept of" next China "quickly.

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Less than P, for example, Vietnam's share in the US market in 2012 seemed to be close to 9.2%.

But this is the point of view of the United States.

From the EU's point of view, Vietnam is, at best, a two tier supplier with 2.7% market share.

Obviously, the clamor for "next China" is mostly those who are loyal to the United States or have a pro american bias.

At present, American clothing imports account for 21.5% of the world's total, while the European Union accounts for 45.8%.

The United States has almost no domestic garment industry, and 46.6% of the European Union imports from other EU countries. For the US brand and retailers, the US market is rapidly becoming a two tier market.

Therefore, David Bourne Baum cautioned: "taking into account the current situation of the global a href=" http://www.91se91.com "garment industry < /a >, it is foolish to blindly choose the next China and try to become the next China.

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< p > < strong > industry support prospect is optimistic < /strong > < /p >

At the meeting last week, P, the world's leading high-end a href= "http://www.91se91.com" > pure cotton shirt "/a", said: "although the status of China's manufacturing industry has been mentioned again and again, but as the world's largest garment manufacturer and a large market with 38% of garment export share, no country can replace it."

Le Yumin, President of Li Feng Group, told reporters two weeks ago: "it is absolutely impossible for many people to talk about the end of the status of China's manufacturing industry. China is still the first.

In addition, China is a hub for any country's textile and clothing companies, an importer or a retailer. "

He said the purchasing giants are working hard to pform the pressure of rising labor costs and achieve development through the use of more efficient factories and labor.

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"P >" compared with the past 3 years, commodity prices tend to be more stable, at least in the next two years.

But in the long run, with economic recovery and development, price increases are inevitable.

As for the rise of labor costs, if you read the five year plan in China (the wage level is projected to increase by 13% annually) and the future wage analysis of other countries, you will understand the inevitability of the rise in labor prices.

President Le Yumin said.

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< p > of course, due to the economic weakness, rising raw material and labor costs, and in line with the national responsibility for achieving the sustainable development goals of China's textile industry, China Textile a href= "http://www.91se91.com" > garment industry < /a > still needs to work hard.

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