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    Labor Costs Continue To Rise, Slowing The Growth Of The Textile Industry.

    2015/1/21 21:22:00 24

    Labor CostTextile IndustryMarket Quotation

    China textile industry Wang Tiankai, President of the Federation, said that China's textile industry has entered a cycle of rapid growth to medium speed growth, and has begun a new stage of deep restructuring and accelerating transformation and upgrading. In Wang Tiankai's view, labor cost, raw material cost and environmental protection pressure are the main pressure placed on China's textile and garment enterprises. He said that speeding up industrial transformation and upgrading, enhancing total factor productivity and sustainable development capacity, effectively breaking the bottleneck of resources and environment, and better participating in international market competition and global industrial division of labor are urgent tasks facing China's textile industry.

       automation Production has become an inevitable trend.

    The reporter has learned that under the influence of rising production costs, the pressure on China's textile industry to participate in international competition has increased significantly. However, China's textile and garment industry's international market share remained stable at around 37%, due to the increase in the value added of export products and the opening up of new market channels by foreign investment and trade activities.

    Zhang Yansheng, Secretary General of the academic committee of the national development and Reform Commission, said in an interview with the media that the Chinese textile and garment industry has experienced great changes since 2005, after three major shocks, such as the appreciation of the renminbi, the rise in wages of migrant workers and the anti-dumping sanctions imposed by the United States and Europe on China. "At present, the rising labor costs have a great impact on China's textile and garment industry."

    Wang Tiankai said that in recent years, the cost of production factors in China's textile industry has continued to rise, and the per capita wages have increased at an annual rate of over 10%. The wage level is much higher than that of the developing neighbouring countries. Cotton prices have continued to be higher than the international market in recent years, and the cost advantage of the industry in international competition has basically ceased to exist. "Now, the price difference between domestic and foreign cotton is more than 30%. The price of domestic cotton will lower our company's profit and reduce our competitiveness." Che Ketao, vice chairman and chief executive officer of Yida group, said that the biggest pressure faced by Yida group in recent years is the impact of cotton price fluctuations, which is also the biggest policy uncertainty faced by enterprises.

       Development Independent brand Occupy the market

    "At present, China's apparel industry accounts for a small share of the global market, coupled with the rising cost of human resources in China's apparel industry. All kinds of grim situations force us to accelerate transformation and upgrading. Our approach is to strictly grasp product design innovation and strive to build our own brand. " Tiantai Ma Luo Ni import and Export Co., Ltd., the person in charge said. "Before the overflow is done for OEM, OEM production, but next, we have to do OBM (that is, run its own brand), that is to say, we have to do our own brand," Che Ketao said. "In the future, we will raise the level of technology as our main direction of development. Although China's labor costs are rising, this is a good thing and not a bad thing. From the point of view of enterprises, we are not looking at labor costs, but workers' work efficiency. In fact, in recent years, Yida group has gone abroad to expand, not just to choose cheap labor force, but to consider all aspects. " "Our company has its own R & D and design center, which is an international brand with national characteristics. In addition, the company is also committed to continuously improving the level of equipment and technology. At present, the company has a full set of imported CAD (Computer Aided Design System), automatic cutting system and other world-class production equipment, the comprehensive equipment level is relatively high. Zhejiang Bernida Clothing Co., Ltd., the relevant responsible person said.


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