Garment Exports In Guangdong Declined Significantly In The First Half Of This Year.

Guangdong Province in the first half of this year

Exports declined significantly.

Data from the Guangdong apparel and apparel industry association show that the export value of clothing and apparel exports in Guangdong totaled 41 billion 180 million US dollars from 1 to June this year, down 6.5% from the same period last year, according to the data showing the trend of garment export growth in 2015.

At present, Guangdong's clothing trade faces greater pressure, and external demand is generally weak.

Overcapacity affects the number of orders, and foreign trade competition needs to be rebuilt.

Liu Yueping, President of Guangdong apparel and apparel industry association, said that although the foreign trade situation is grim, but through the "machine substitution" to reduce labor costs, and give full play to the advantages of e-commerce to inventory, Guangdong clothing industry production is still growing, corporate debt reduction, profitability and fixed assets investment have been improved.

In the next five years, Guangdong's clothing industry development plan released on the same day pointed out that the application of digitalization and networking technology in the industrial chain environment is more and more extensive, which has also accelerated the pformation and upgrading of the industry.

"Brought new opportunities for the industry.

Liu Yueping said that the new channels and new business models have become the hot spots of the industry, and the integration of traditional clothing retailers into online and offline businesses is a trend.

According to the plan, in the next five years, big data will be applied in the production, manufacturing and marketing of Guangdong garment industry, such as data collection, order management, customized service, and so on, so as to accelerate the pformation of the garment manufacturing industry to an intelligent and diversified commercial service complex.

It is reported that some well-known clothing enterprises in Guangdong have begun to develop computer controlled "smart clothing". Clothing "intelligence" has also become a development direction that Guangdong garment industry can not ignore.