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Market Analysis: China Is No Longer The "Biggest Winner"?

2014/8/7 23:45:00 20

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In the past half of 2014, more than half of "P" has been used in the first half of the year to describe the textile and clothing exports to the United States in the first half of the year.

according to the statistics of China Textile Import and export chamber, in the first half of this year, China exported $19 billion 450 million to textiles and clothing to the United States, achieving a steady growth of 6.9%.

Among them, textiles grew by 5.7% and clothing increased by 7.4%.

however, no export enterprises dare to take lightly. Enterprises surveyed have said that doing export trade is like being led by people, very passive. If they are not careful about market changes, they will fall off the cliff.

< a > href= > http://fz.sjfzxm.com/ > no longer blindly optimistic in the face of < /a > growth. /p >

Zhu Zejiang, general manager of Guangdong Foshan Tong Ze company, said: "there is a slight increase this year than last year, and our increase is around 10%.

The first half of the first few months was relatively dull, and after April, orders rose more obviously.

This is inseparable from the improvement of the US economy. "

A few days before "p a >" http://fz.sjfzxm.com/ "> /a >, the US Department of Commerce released data showing that the US gross domestic product (GDP) increased by 4% in the second quarter of this year, up from 3% of the industry in the 4% quarter of this year.

Subsequently, the Department released data. In June, the personal income of the US residents increased by 56 billion 700 million US dollars over the previous month, an increase of 0.4%. The savings rate of residents in that month was 5.3%, the same as that of the previous month.

In the case of income growth, savings margins remain unchanged. Obviously, Americans have increased spending.

according to statistics, us personal consumption expenditure continued to rise in June, an increase of 51 billion 700 million US dollars over the previous month, an increase of 0.4%, and the largest increase in 3 months.

The personal consumption expenditure accounted for about 70% of the total economic output in the United States and became the main driving force of the US economic growth.

In response, Zhu Zejiang said: "for clothing and other consumer goods export enterprises, the increase in the personal consumption index of the supply market will certainly lead to an increase in export orders, which is a direct reflection."

however, such growth still makes Zhu Zejiang dare not be overjoyed.

Because he knows that the market is impermanent. The first quarter's flat performance has made the best interpretation of the ups and downs of the market.

At the beginning of this year, the US economy contracted by 2.1% in the first quarter, under the influence of bad weather.

Meanwhile, in February, China exported $1 billion 730 million to us textiles and clothing, down 30.3%.

any slight change in the market is related to the fate and Prospect of export enterprises.

With the ups and downs of the market in recent years, the business scope of Tong Ze has been tightened. For example, the previous socks trade has stopped, and the high-end underwear is no longer done.

Zhu Zejiang reluctantly said: "this is no way to do things, all export enterprises are passively constrained by the export market.

What do not do is in fact passive, to be heard in the market and buyers, no one can master the absolute initiative.

< a > href= > http://fz.sjfzxm.com/ > > /a > relaxed and vigilant is not just Chinese export enterprises. In the face of changeable market, American purchasers are also very cautious.

They believe that the consumption enthusiasm of American consumers has been much worse than before, and it is not easy to get sales growth.

At the beginning of this year, the US government estimated that this year's economic growth will reach 3.1%, which will reach 3.4% in 2015, and now the Federal Reserve has adjusted the future growth expectation of the US, which is expected to increase by 3.9%~3.2% in 2015.

Some American economists also pointed out that the overall growth of the US economy is still in the doldrums. From a number of aspects, we can see that if the wage increase is not large, the company's profit situation is unstable, and the housing price growth has become new and low in recent years.

Therefore, it is too early to say that it is optimistic that the US economy will grow optimistically and export trade to the United States will be good.

order pfer ASEAN signal obviously /p >

quantity and growth rate of exports is an important indicator of China's export trend. The proportion of Chinese products in the US market share reflects the status of China's textile and garment industry in the global industry.

according to us customs statistics, the market share of Chinese textile and apparel in the United States in 2013 this year is 34.7%, down 0.5 percentage points from the same period in 2013.

In January, the figure was 40.2%, 38% in 1~2 month, and 34.8% in 1~3.

Thus, in the first half of this year, the share of China's textile and apparel products in the US market was decreasing month by month.

at the same time, in the month of 1~2, ASEAN's share in the US market was 20.1%, which was basically the same as the same period in 2013.

Since March, this data has begun to increase.

Based on 1~5 monthly data, ASEAN's share in the US market was 20.7%, an increase of 0.3 percentage points over the same period in 2013.

in Zhu Zejiang's eyes, although 0.3% has not increased much, it has issued a dangerous signal to Chinese export enterprises.

"With this development, industrial pfer is probably a matter of time."

He said so, but at present, the pfer of orders is not widespread in the underwear industry.

"My client has always expressed his intention to go to ASEAN, but after investigation, they found that the conditions were not yet ripe.

Underwear products are characterized by high requirements for comfort and relatively complex product processes. Therefore, they require higher quality and ability for workers, and also need a complete supply chain of main and auxiliary materials in the industrial base.

These are all things that ASEAN countries lack now, but they are all very easy to improve. They are expected to improve soon. "

and Ningbo Textile Co., Ltd. has already met the buyer's order pfer.

Li Qihan, general manager of the company, said: "some of our us orders have been pferred to Southeast Asian countries.

Though not many, it still gives us warning.

High labor costs and other operating costs have become a matter for businesses and purchasers to face. Buyers do not pfer most of their orders, or because China has its own advantages, such as skilled workers, better equipment and continuous technological innovation, so the quality of products produced is excellent.

But Vietnam, such as Vietnam, is close to China, both in terms of industrial mode and workers' conditions. At the same time, the cost is low, which poses a great threat to us.

the American textile and clothing association released the data and said: "in April this year, the US's freight profit from China fell by 3.2% compared with last month, but it increased by 12% over the same period last year.

This data shows that American buyers are not eager to leave China, because the productivity here is high, and the profits they can bring will greatly offset the price increase caused by rising costs.

but at the same time, the chamber also said that although the textile and clothing imported from China is 3 times that of Vietnam, Vietnam is the biggest winner overall, and its freight profits are higher than those of other countries.

In addition, with the conclusion of the p Pacific Partnership Agreement and the p the Atlantic trade and investment partnership agreement, Vietnam will increasingly show its industrial advantages.