How To Speed Up The Textile Industry'S Pfer To Southeast Asia And How To Face Opportunities And Challenges?
At the 2015 China textile industry "going out" exchange conference, the participants discussed and analyzed the hot topics of Vietnam's investment potential in the next 5~10 years and the impact of TPP regional preferential trade policy on the pfer of industrial chain to Vietnam.
Zhu Beina: in the context of global economic integration, "
The Belt and Road Initiative
Under the advocacy of the strategy, many enterprises in the cotton textile industry are going abroad further, and the pace of pferring to Southeast Asia is accelerating.
Tianhong Textile Group, Bailong Oriental Limited by Share Ltd and YOUNGOR Sheng Tai textile group have successfully implemented the strategy of "going out", which has brought inspiration and demonstration to us.
Now, let me first ask what kind of impact and inspiration TPP has on you.
Hong Tianzhu: This is similar to China's entry into the WTO.
For mainland enterprises, if you are an enterprise that can meet the needs of the market and have core competitiveness, you will not necessarily have to "go out". Do not think that TPP has come, our enterprises will be eliminated.
Experience has shown that although Vietnam is good, but it is not resolved in Vietnam, what is the core competitiveness of enterprises, and is not competitive in China, and "going out" is also difficult to survive.
In my view, the only 12 countries that have signed the TPP framework agreement are Vietnam.
Mexico, Canada, Peru, Japan, Malaysia and Singapore can not compete with us in the textile and garment industry.
I agree that capable enterprises can set up factories in Vietnam. Vietnam has advantages over electricity in terms of electricity, labor, taxation and labor laws.
Can we join forces to make Vietnam export 50% of its clothing to China's investment enterprises? That is to say, no matter how TPP changes, China's textile and garment enterprises will benefit from it.
This requires our enterprises to accelerate the pace of internationalization.
The "going out" enterprises will face the development of two international and domestic markets, that is, to adapt to the development of the TPP market and to adapt to the development of the domestic market.
I believe China will become the largest consumer market in the future than the United States.
Yang Weixin: all the investment is the market and the customer to call you to be the most correct.
TPP a sign, Vietnam land prices rise, wages will continue to increase, so enterprises should pay more attention to various factors.
The vertical integration of YOUNGOR upstream and downstream is very good. I think the shift is to pfer the industrial chain to Vietnam as a whole.
Xu Lei: Vietnam now liberalized trade beyond Malaysia and other countries.
Enterprises must prepare for the rainy day.
Zhu Beina: if the industrial chain is pferred as a whole, it will definitely have an impact on the development of China's textile and garment industry, because our biggest advantage is the integrity of the industrial chain.
But this is the trend of development and the market drive. Then what is the incentive policy for Vietnam to go to the development of our post road enterprises? Is Africa going to "go out" in the future?
Hong Tianzhu: I once mentioned a statement called industrial exports.
What we have been doing before is the export of products. Now I advocate industrial exports, especially under the "one belt and one way" strategy. I believe we can even rise from industrial exports to the level of industrial diplomacy.
It is not so easy to train Vietnamese local enterprises, and the fastest growing ones are Chinese investment enterprises.
In the past 35 years, considering Africa is not cost-effective, after all, it is too far away.
Vietnam is close to Chinese culture, short distance and preferential policy.
In my opinion, the best choice for the real "going out" is, especially in the context of TPP, or Vietnam.
Yang Weixin: Vietnam's tax and preferential policies are very simple. The law is more detailed and strict in environmental protection.
We should "go out" in line with local laws and regulations and seek truth from facts.
The Vietnamese leaders I met were also very close to the people. When the president came to our factory, he brought two cars and four attendants.
Of course, they also have the problem of working style. Many things are not easy to do.
Attract investment
They sometimes make trouble in attracting foreign capital.
Xu Lei: from the development of YOUNGOR Sheng Tai, Vietnam will definitely be the first choice for our "going global" investment now and in the future.
Although some enterprises may have the idea of investing in Africa, I think Africa is really not suitable for investing now, and South Asia should be the next direction of development.
At the same time, I think India textile industry will develop rapidly.
Our cotton policy and price do give them a golden opportunity.
Although there are tax concessions in Vietnam, I think the main rival is India, not Vietnam.
Zhu Beina: investing in Vietnam is still risky. How much investment do we invest there? How can we ensure the smooth and safe production? Now that some enterprises invest in Xinjiang, what do you think?
Xu Lei: risk is the most important thing for us to consider. Vietnam has many advantages, but we will still put a lot of energy into avoiding risks.
Our approach is to hold together, and the two is to cooperate fully with local enterprises and governments.
We have opened the largest fabric factory in the locality, which is needed by Vietnam's local development, and is also strongly promoted by the Vietnamese government.
Production fabrics are our common needs, so we have the idea of holding together.
In this way, we have joint ventures with local enterprises in Vietnam to avoid financial and environmental risks.
We are the three party joint venture and the other one is the famous clothing enterprise in Hongkong.
I believe that many of the "going out" of Chinese enterprises can be held together to increase their strength.
Indeed, investment
Xinjiang
We also had a plan of 300 thousand spindles, but
cotton
After the change of policy, what hurts us most is that we have no quota in Xinjiang. When the difference between cotton prices is so great, our factory can not get the quota in Xinjiang. Xinjiang is really not going.
Yang Weixin: the only risk we encountered in Vietnam was the last time we fought and smash and looting. Fortunately, the troops came to protect us at that time.
Commercial insurance is available for property protection.
We went to Xinjiang in 2000. Six enterprises were widely distributed and six bases were very good. I think Xinjiang is still a good place.
Relevant policies should also be taken into account in future layout.
Hong Tianzhu: we have just made a big investment in Xinjiang, a total of 2 billion. We believe that our national policy is progressing smoothly.
Enterprises to Xinjiang must comply with local industrial policies and be confident.
As for Vietnamese investment, I still think it's worth doing.
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