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    Vietnam'S Textile Industry Will Become The Biggest Beneficiary Of TPP.

    2013/10/16 11:22:00 30

    VietnamTextile IndustryTPP

    < p > "more than 80 thousand export enterprises are facing pformation, and enterprises generally have low export concentration."

    Now the trend of labor cost and raw material cost rising is irreversible.

    If there are fewer parties in the industry and less information is available, the information asymmetry will be caused.

    Can the chamber of Commerce provide more high-quality information platform to the enterprises? "In September 23rd, in Kunshan, Jiangsu, the 2013 China Textile and garment industry CEO Summit, Li Lingmin, vice president of China Textile Group, reflected the voice of the current export enterprises.

    < /p >


    < p > the following day, the International Fashion Federation (IAF) 2013 annual meeting opens in Kunshan.

    This is the first time that the Chinese textile import and export chamber has held its annual meeting in China since it joined the IAF in October 2010.

    The conference extended the popularity of the president's summit on the previous day, and the Chinese and foreign businessmen from Asia, Europe and the Americas discussed the topics such as a href= "http://news.sjfzxm.com/news/list.aspx Classid=101112107105", "global supply chain < /a" and the trend of purchasing pfer. Under the current market environment which is not optimistic, it pointed out the future development trend of the supply chain and the possibilities of creating new value for the industry.

    < /p >


    This year, the p Pacific Partnership Agreement (TPP) has become a topic of concern to all parties at P.

    It is called the most important and far-reaching trade agreement in twenty-first Century by the international industry.

    Kevin Burke, President and chief executive officer of the AAFA, believes that TPP is the first agreement in twenty-first Century, which will cover 40% of the world's population and its impact will be far-reaching.

    < /p >


    < p > Obama hopes to complete the a href= "http://news.sjfzxm.com/news/list.aspx Classid=101112107107" > TPP < /a > negotiations at the end of this year, but even if the negotiations are completed by the end of the year, the subsequent agreement will take 3~4 years.

    At present, American buyers are considering how to shorten the supply chain, and overseas purchases will continue.

    The objection in the US believes that this makes the American manufacturing industry lose a lot of job opportunities, but in fact, the profits from all related overseas production will eventually return to the US.

    < /p >


    < p > for a variety of reasons, China is not currently involved in TPP negotiations.

    Hong Tianzhu, chairman and CEO of Tianhong Group, seems that TPP is a free trade zone with a higher threshold than WTO.

    Now the industry generally believes that Vietnam will be the biggest beneficiary of TPP, because tariff relief will bring great benefits to Vietnam's clothing exports to Vietnam, but Vietnam seems to be ill prepared.

    At present, the scale of textile and clothing exports in the country is about 8 billion ~90 billion, but the fabric 80%~90% needed for clothing production needs to be imported.

    < /p >


    < p > if you want to set up the local fabric production capacity, it will take at least 5~10 years to complete.

    In the face of the textile and clothing trade and capital pfer brought by TPP, the "a href=" http://news.sjfzxm.com/news/ "Vietnam" /a "has received more and more attention.

    In a short time before the textile import and Export Chamber of China launched a textile enterprise to invest in Vietnam, the number of places was already full in less than a month.

    This also shows from a certain angle that although China is hovering over the threshold of TPP, the development layout of enterprises in the period of structural pformation is accelerating.

    < /p >


    < p > the last unit of this annual meeting is brand building. The sustained attention to brand makes the participants form a small climax in the interactive process.

    As a representative of China's brand to the world, Bosideng has attracted interest and concern for future development ideas and brand planning in the international market, especially in the European market.

    Gao Dekang, the chief executive of Bosideng, made a brief speech at the meeting. During the Q & a session, questions from the international community basically pointed to Bosideng.

    < /p >


    After the establishment of flagship store in London, P, how can Bosten keep a steady pace in the European market and from the wider radiation market in Europe? How can the deep connotation of Chinese local brands be understood by consumers in European markets? The answer given by Gao Qin is: "if we want to make the brand truly international, we must use the external brain to invite outstanding foreign designer teams to accurately grasp and guarantee the most suitable consumer preferences in the international market."

    She revealed that "a href=" http://news.sjfzxm.com/news/list.aspx Classid=101112107108 "Bosideng /a" has started working with top German mail orders to further promote the brand in the international market.

    < /p >

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