In the first quarter of this year, China’s textile and clothing imports and exports continued to maintain a downward trend, with exports of 566.4 billion US dollars, a decrease of 5.3%; imports were US$5.32 billion, a decrease of 12%. —Textile
Currently, textile Through structural adjustment and industrial integration, the garment industry is gradually completing the survival of the fittest. Many companies have increased investment in and upgraded cutting-edge equipment, effectively improving product quality and production efficiency. By changing the growth model, we will transform from extensive growth that focused on quantity to intensive growth that focused on quality and efficiency. “We are not living a very good life now.” At the 119th Canton Fair, Zhang Xinmin, vice president of the China Chamber of Commerce for Import and Export of Textiles, told reporters straight to the point, “Companies generally report that textile and clothing exports are facing multiple pressures and the situation is not optimistic. ”
Last year, China’s foreign trade once again encountered a “cold wave”, and there was This is the first time in six years since the global financial crisis broke out in 2009 that both imports and exports fell. As a representative of labor-intensive products, textiles and clothing bear the brunt, with annual exports falling by 4.9% and imports falling by 3.5%. Zhang Xinmin said that unlike 2009, the decline in exports in 2015 was more due to the structural decline caused by the disappearance of my country’s traditional export advantages and the superposition of internal and external unfavorable environments. The decline in imports was mainly attributed to the slowdown in domestic economic growth and insufficient demand.
Exports in all major markets have declined across the board. Exports to the three traditional markets of the EU, the United States and Japan decreased by 9.2%, 0.3% and 4.5% respectively, and exports to the emerging markets of ASEAN, the Middle East, Africa and Latin America also decreased by 8.6%, 1.3%, 7.5% and 25.9% respectively. “Labor costs remain high, and labor shortages are becoming increasingly prominent. my country’s labor costs have more than tripled in the past 10 years, and the current labor costs in the textile industry in coastal areas have exceeded 4,000 yuan per month.” Zhang Xinmin said. —Luggage Oxford cloth
Furthermore Since 2012, China’s working-age population has been declining at a rate of two to three million per year for three consecutive years. The number of working people has entered a downward trajectory, and the demographic dividend that labor-intensive industries rely on for their survival and development has gradually disappeared. At the same time, the textile and garment manufacturing industry is becoming increasingly unattractive to the younger generation of rural labor. The difficulty in recruiting and recruiting skilled workers has become a major problem faced by most production companies.
Looking at the overall pattern of the world’s free trade zones, China is The three major markets of the United States, Europe and Japan do not have tax-free treatment, which puts Chinese companies at a clear disadvantage in competition. However, China’s main competitors all enjoy varying degrees of preferential treatment in the same markets.
For example, in the U.S. market, motivated by the prospect of TPP negotiations, Vietnam’s textile and garment industry has developed rapidly; in the EU market, Cambodia, Myanmar, and Bangladesh enjoy tax-free preferential arrangements for exports to Europe because they are least developed countries; in the Japanese market , benefiting from the Japan-ASEAN FTA, ASEAN exports to Japan are conditionally entitled to preferential tax-free policies. In addition, Japan also provides tariff-free treatment to least developed countries such as Bangladesh.
“We cannot change the world, we can only make ourselves stronger. “Zhang Xinmin said, “From an enterprise perspective, we must actively carry out structural adjustment, transformation and upgrading. At present, the textile and garment industry is gradually completing the survival of the fittest through structural adjustment and industrial integration. Many companies have increased investment in and upgraded cutting-edge equipment, effectively improving product quality and production efficiency. By changing the growth model, we will transform from extensive growth that focused on quantity to intensive growth that focused on quality and efficiency. ”—Tent Oxford Cloth
We must find ways to extend the industrial chain, enhance the value chain, focus on the differentiation of services and products, and cultivate new competitive advantages. Zhang Xinmin said that textile and apparel companies should adjust product structures, innovate trade models, improve product design and research and development capabilities, cultivate their own brands, Establish international marketing networks and other means to enhance its position in the product value chain and cultivate new competitive advantages.
“We have many excellent companies and we should actively and steadily promote the ‘going out’ strategy. As China’s various costs continue to increase and the number of labor forces decreases, Chinese enterprises are accelerating their pace of “going global” and are more actively investing overseas, rationally allocating global resources, and developing global layouts. “Zhang Xinmin told reporters, “Many companies have established overseas production bases in ASEAN countries and established R&D and distribution centers in developed countries. They make full use of the preferential tariff policies and overseas cost advantages of free trade agreements and strive to gain maximum benefits in the process of globalization. ”
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