How To Turn Danger Into Opportunity Under Trade Friction? 6 Major Initiatives Of Henan Textile Association To Guide Enterprises

Recently, Sino US trade war has become the focus of attention of the industry.

Many textile enterprises call the Henan Textile Association to express concern about the impact of trade friction.

"The number of direct exports and products of Henan textile enterprises is not large, which has little impact.

Besides, textile and clothing are not the focus of disputes.

From the perspective of turning danger into opportunity, this may be a catalyst for China's textile and garment industry to go out.

Yuan Jianlong, President of the Henan Textile Industry Association, said the first time to the provincial government and the relevant departments to report on the operation of the textile industry in the province, as well as the wait-and-see emotions of some enterprises, and more actively to deal with it.

In response to the US tax increase action, China is forced to take counter measures.

Recently, China's exports to the United States of soybeans, corn, automobile $200 billion products also increased by 25% tariffs.

In May 20th, the price of Zheng cotton CF1909 was 13935 yuan / ton, basically a low level.

On the same day, the turnover rate of the national cotton mill was 98.57%, and the price was 3128 yuan 14662 yuan / ton.

Enterprise procurement has little impact on weekly calculation, and yarn sales price has declined slightly.

The pressure and risk of cotton enterprises with more reserves will increase suddenly, and the short-term prospects will be dim.

The three major products of viscose rayon, viscose staple fiber and spandex fiber produced by Xinxiang egret group are sold throughout the country, and are exported to more than ten countries and regions such as Philippines, Indonesia, Malaysia, Singapore, Japan, Korea and Central Asia, Western Asia, Western Europe and North America.

The person in charge of the enterprise said that the adoption of counter measures would have little impact on enterprises.

Last time, when the egret imported half of the tariffs on the United States pulp, the US side assumed more than the other two countries.

If the tariff is increased again, if the original tariff can not be negotiated, enterprises will be ready to import from North America and elsewhere.

"Alban Garments Co., Ltd. is the largest garment manufacturer and exporters in Henan."

Li Gang, President of Henan clothing association, said that the company has more than 3600 employees in Shangshui county headquarters, and 79 holding companies with 200 or more sizes throughout Henan, Anhui and Hubei.

Alban mainly produces shirts and blouse products, and its products are exported to more than 10 countries, including Japan, Spain and Sweden, with an annual export volume of 1 billion 300 million yuan.

Sino US trade friction has little effect on ALBEN, and the production and operation of enterprises are flourishing.

In the first quarter of this year, the clothing export of the province was 1 billion 500 million yuan, an increase of over 20% over the same period last year, and exports still maintained a good momentum.

It can be seen that Sino US trade friction has little impact on Henan clothing.

Some textile exporters believe that China should improve the investment environment, encourage the textile and garment industry to upgrade its technology, and strengthen the free trade agreement with ASEAN, the European Union, the "along the way" countries and the central and South American countries, so that China's textile and clothing products will have more sales targets.

Yuan Jianlong believes that Sino US relations are different from those of previous rounds of major powers, and that they can hardly be alone in terms of market relationship or financial relationship. In the long run, the relationship between China and the United States is still a win-win relationship. The key is to do well in our own affairs.

The Sino US trade conflict has caused some enterprises to reduce orders, lower prices, increase inventories and increase the risk of accounts receivable. How to deal with them?

Yuan Jianlong proposed six measures: first, to keep a cautious attitude, pay close attention to the game at the national level, pay attention to the fluctuation of commodity prices, and pay attention to factors such as oil, tariff and exchange rate.

Two, we should clarify our thinking, do well in the allocation of domestic demand market, increase the intensity of product research and development, strengthen the market bearer in many fields, and rationally differentiate and digest inventory, so as to sell products and purchase cautiously.

Three, we should adjust the allocation of raw materials and avoid competition with Southeast Asian yarns.

Four, we should give full play to our own advantages, enhance the competitiveness of our products, enhance the bargaining power of our products, choose multiple channels for procurement, and maintain a stable stage.

Five, we should pay close attention to the encouraging policies and guidance of the government, and fully tap the market potential, further enhance the potential of enterprises, reduce consumption and develop high-quality.

Six, we must strengthen our faith, face contradictions, forge ahead and embrace together.