10 Global Textile Information A Week

　 1. to increase workers' salaries, the Cambodian government provides subsidies.

Kampuchea manufacturers have reached the limit of their ability to pay, and the government has been forced to provide subsidies to enable workers to enjoy higher pay rates. Hong Sen once again went to Sha Ma Ji Zhi Zhi county recently, and made friendly exchanges with more than 20 thousand workers in many local clothing and shoemaking factories. The minimum wage for workers in garments and shoe factories increased from $153 in 2017 to $170 in 2018, 5 of which came from government subsidies, the canal said. According to the report of the Ministry of labour of Kampuchea, there are 1154 factories in the country, with a total of 776 thousand and 502 workers.

　 2. Vietnam Textile clothing Industry is expected to accelerate growth

Vietnam's textile and garment industry will achieve the most rapid growth in the next 12 years. It is estimated that the industry growth rate will be 14% in the next 2 years and 10% by 2030. Vietnam's textile and garment industry plays an important role in creating jobs and contributing to exports. 20% of Vietnam's industrial jobs are created by the industry. The textile industry is the top two largest export industry in the world. At present, Vietnam is actively exporting to emerging markets such as China, Russia and Kampuchea in addition to exporting textiles and clothing to the United States, Europe, Japan and South Korea. The textile industry also made the success of Vietnam's foreign direct investment enterprises. Vietnam's 60% textile and garment exports were created by foreign investment enterprises (source: Embassy in Vietnam).

　 3. Japan's large number of factories shut down to overseas.

The scale of domestic garment production continued to shrink. EDWIN, Japan's biggest jeans maker, has shut down its factories. Japanese clothing companies such as UNIQLO expanded their production overseas with low labor costs. In 2017, the import ratio reached 98%, while the number of Japanese domestic production fell below 100 million for the first time. Although clothing companies insist on domestic production, competition is fierce. Japanese domestic clothing is facing the risk of disappearance. According to the statistics of Japan Textile Importers Association, the import penetration rate of Japanese domestic clothing imports was 97.6% in 2017 and a record high for 5 consecutive years. As imports from China and other Asian countries increased, imports increased by more than 25 percentage points from 20 years ago. On the contrary, Japan's domestic production did not exceed 200 million units until 2008, while it dropped to about 98 million 400 thousand in 2017, the first time it fell below 100 million major points.

4. India made an anti-dumping negative final ruling on Chinese fabrics.

The anti dumping Bureau of the Ministry of Commerce and industry of India decided to make an anti-dumping negative final judgment on the Belting Fabric originating or imported from China, and ruled that the products originated from or imported from China were dumping. However, it did not cause adverse effects on India's domestic enterprises. Therefore, it is recommended that the investigation be concluded and no anti-dumping measures should be taken. The case involves 59069990 products of India Customs Code: the source: India antidumping Bureau official website.

5. RMB traders continue to weaken or face losses of 1000 yuan

Over the past few days, the RMB continued to weaken, and on the 2 day, the offshore renminbi fell below 6.70. The short-term fluctuation of the RMB exchange rate has a greater negative impact on the import trade enterprises. Most of the imported cotton yarn inventory resources currently sold in the domestic spot market are long-term shipments traded in 3-4 months. Due to the rising price of international cotton yarn in 4-6 months, the cost of C32S pure cotton yarn in the late port has been rising, and the cost of C32S is expected to rise to the highest level of 25500 yuan / ton. In the next 2 months Cotton yarn The spot price volume has not improved. Traders are facing a maximum loss of 1500 yuan / ton.

　 6. Peru's textile and clothing exports continue to grow.

According to official data from Peru, textile and clothing exports in Peru amounted to 109 million US dollars in April, an increase of 17% over the same period last year, which has been increasing for 11 consecutive months. Among them, T-shirts and worsted knitted garments are more exported, accounting for 40% of exports. Main export market For the United States, it accounts for 49% of exports, followed by China (5%), Chile (4%), and Columbia (4%). (source: Embassy in Peru)

7. the proportion of consumption is 42%! Belgian people love online shopping clothes and shoes best.

Belgium's electricity retail sales continued to grow, with a year-on-year growth rate of 12%. This means that by the end of this year, the retail sales of Belgium will reach 11 billion 840 million euros. Belgium's online shopping mainly comes from notebook computers (54%), followed by personal computers (30%), tablet computers (9%) and smart phones (6%). Belgian people prefer online shopping products to clothing and shoes. In 2017, their consumption ratio reached 42%, followed by household electronic products (31%), books (21%), cosmetics and skincare products (18%).

　 8. the United States has made anti-dumping damage to China's fine denier PET staple fibers.

The United States International Trade Commission (IWTO) has made an affirmative termination of industrial damage to fine denier PET staple fibres imported from mainland China, India, Korea and Taiwan in China. It has identified substantial damages or threats to the domestic industry of the products in China, India, Korea and Taiwan. In the ruling, 4 members voted in favour. According to the affirmative ruling of the US International Trade Commission, the US Department of Commerce will issue an anti dumping duty order on products imported from mainland China, India, Korea and Taiwan. The case involves the United States harmonized products under the tariff code No. 5503.20.0025 (source: China textile net).

9. in the current fiscal year, Burma's apparel exports amounted to US $7 billion, an increase of US $1 billion.

Burma's commerce ministry official said Burma's fiscal year Ready-made clothes Business sales amounted to US $7 billion. It is reported that there are 389 garment factories, of which 171 are local private enterprises, 196 are foreign-funded enterprises, and 22 are joint ventures. They employ over 400 thousand labor force. Garment exports to Japan accounted for the most, accounting for 23%, followed by the European Union, South Korea, the United States and China. In recent years, Burma has regained the EU GSP treatment, and orders from the EU have increased significantly, which may exceed Japan's largest import destination for Burma's garments. The export volume of the garment industry is expected to increase year by year, creating more job opportunities for local people. In the current fiscal year (April 1st), as of the end of December, the export of garments has exceeded US $7 billion, an increase of more than US $1 billion over the same period last year. It is reported that the export volume of garment industry in Burma is expected to exceed US $8 billion in the next fiscal year (source: China textile net).

10. tax administration: crack down on export tax rebates and recover 20 billion 700 million yuan in 2017.

In 2017, the tax authorities at all levels of the country inspected 68 thousand and 600 households suspected of tax fraud and false opening of enterprises, investigated and defrauded export tax rebates, and recovered 20 billion 700 million yuan in tax losses. They were found to have falsely opened and accepted 5 million 840 thousand copies of special invoices for value-added tax and other deductible certificates, involving a tax amount of 120 billion 500 million yuan. In recent years, in order to crack down on fraudulent export tax rebates and false invoices for value-added tax invoices, the State Administration of Taxation has worked closely with the Ministry of public security, the General Administration of customs and the people's Bank of China to closely combat tax fraud and crack down on false opening. It has carried out inter departmental and cross regional specialized actions throughout the country, and has achieved remarkable results in safeguarding national economic order and tax safety.