Textile And Garment Enterprises Carry Out The "Downsizing" Plan

An unprecedented financial crisis in the United States has plunged the global economy into a panic.

At present, the most terrible moment of the financial turmoil is over. People are generally concerned about the impact of the financial crisis on the real economy at home and abroad.

Can China be "independent" on the other side of the ocean?

In an interview with reporters in recent days, reporters found that for the US financial turmoil, the export textile and garment enterprises of the two major economic circles of China, the Pearl River Delta and the Yangtze River Delta, are preparing for the rainy day.

Some textile and garment enterprises in the Pearl River Delta region: textile and garment enterprises are at least 30% less than that of last year. At present, in the Pearl River Delta, for some textile and garment enterprises and toy textile and garment enterprises, the financial turmoil in the United States is "worsening" and not just a bolt from the blue.

A trade intermediary owner who often travels to Dongguan and Guangzhou reflects to reporters that the impact of the US financial turmoil on the export of textile and garment enterprises in the Pearl River Delta may be affected by some large textile and garment enterprises. Small textile and garment enterprises are "small boats and good turnaround", and this year has been gradually reduced to domestic sales.

The owner of a small and medium-sized textile and garment enterprise in the Pearl River Delta also reflects that since the end of last year, many textile and garment enterprises in the Pearl River Delta have been in a predicament because of the superposition of the cost of raw materials, the implementation of the new labor contract law and the reduction of the export tax rebate rate.

Recently, the outbreak of the US financial turmoil has made some small and medium-sized textile and garment enterprises worse, especially in some textile and garment industries.

Moreover, because of the deterioration of the American economic environment, some of the usual American businessmen who are trustworthy have also become untrustworthy. As a whole, the textile and garment enterprises mainly exported to the United States are most affected.

The owner of the trade intermediary, who interviewed the above, told reporters that the impact of the US financial turmoil on the textile and garment enterprises in the Pearl River Delta is also divided into export countries and sub sectors. Not all textile and garment enterprises will be affected.

Specifically, the textile and garment enterprises that mainly export to the United States will be most affected, and from the industry, the export of textile and garment enterprises in the textile industry and the toy industry will be the most affected.

"On the whole, business is much more difficult this year than last year, and the profit has been reduced by at least 30%."

The trade agent told reporters.

The Yangtze River Delta: some big textile and garment enterprises began to "lose weight" compared with the Pearl River Delta. For this outbreak of the financial turmoil of Yu Dayang's other side of the United States, some big textile and garment enterprises in the Yangtze River Delta responded somewhat "substantially".

The most obvious change is: Recently, many Yangtze River Delta textile and garment enterprises have been tacitly reducing their weight.

Take the Shanghai electric (Group) Corporation as an example, the textile and garment enterprise has reduced from the previous hundred industries and about 200000 employees to the current 82 industries and 115 thousand employees.

Huang Dinan, President of the group, said that since 2004, the group has stripped 100 textile and garment enterprises every year.

This year, the intensity is even greater. It is expected that 282 textile and garment enterprises will be stripped, and the textile and garment enterprises outside the main business account for more than 90%.

It is understood that, like Shanghai electric, the "Yangtze River Delta" textile and garment enterprises do not lose a lot.

"In 2004, the Red Dragonfly Group website introduced:" a national regional group with diversified investment in professional footwear, education, finance and so on. "

Now, websites are hard to find "education" and "finance" two words.

Zhejiang Red Dragonfly Group staff told reporters this.

Jiangsu textile and garment enterprises are also trying to eliminate inefficient projects.

In July last year, Huadong technology pferred 29.9% of its flying east lighting shares to PHILPS, a major shareholder of Feidong lighting.

It is worth noting that the Yangtze River Delta textile and garment enterprises "thin body camp" there is no shortage of "big players".

Shanghai SASAC staff said that the main business scope of the state-owned large textile and garment enterprises such as Shanghai Automotive Industry Corporation, Shanghai Huayi Company and Jinjiang International Co., Ltd. has been announced this year.

What causes the Yangtze River Delta textile and garment enterprises to "lose weight"?

Huang Di Nan explained that the "downsizing" of textile and garment enterprises is not only related to the macro economy, but also the needs of the development of textile and garment enterprises themselves.

Professor Ning Xiangdong, deputy director of the China Economic Research Center of Tsinghua University, believes that many textile and garment enterprises are now choosing to "lose weight". On the one hand, the international economic trend and the domestic macro-control are playing a catalytic role. On the other hand, they are also a need for the development of textile and garment enterprises themselves.

Now that is the era of globalization, China's market competition is also more adequate. Textile and garment enterprises are diversifying. It is hard to ensure that every industry is doing well.

Ningdong expects that the wave of "downsizing and severe winter" of textile and garment enterprises will appear throughout the country.