Shi World Trade Clothing "Cross Mining" To Help Upgrade Orders

The upcoming "2010 (seventh)" textile and garment procurement fair, which is to be held on May 19-21, is facing the reality of China's textile industry. The professional team will focus on developing and inviting high-end and high-end buyers from overseas two or three line brands with high added value to help "made in China" to upgrade orders from "quantity to price" to "quality raise".

As China's land labor costs continue to rise, and the exchange rate of RMB against the US dollar continues to strengthen, the "made in China" overseas market has a sharp decline in digestion. At the same time, in the face of low-priced procurement such as those who occupy the resources of the global retail platform, the profit margins of Chinese processing enterprises are becoming increasingly small, and the export situation of textile and garment industry is becoming more and more serious.

Especially since the outbreak of the financial crisis, the number of new foreign-funded households, total investment, registered capital and subscriptions in the textile industry has fallen by more than 50%. In 2009 1~5, textile and garment exports were US $58 billion 852 million, down 11% from the same period last year. Among them, exports of textile yarns and fabrics were 22 billion 29 million US dollars, down 15.5% compared to the same period last year, and exports of garments and accessories were US $36 billion 823 million, down 8.1% compared to the same period last year. In contrast, Vietnam, Bangladesh and Bangladesh have more relaxed policy environment (mainly imperfect labor protection policies) and cheaper land and labor capital. Even Vietnam, which has just promulgated the minimum wage standard, has a monthly salary of only about 45~75 dollars, much lower than China's labor standards.

In addition, the demand for international core real economy is still weak, which also makes Chinese textile enterprises dare not say more optimistic. Objectively speaking, in the past, relying on foreign investment and the "low volume" initial orders, relying on overseas procurement orders, the old road has been very difficult to maintain. Faced with such a severe situation and pattern, China's textile and garment export enterprises must go out of a "new road", that is, upgrading their own production technology level, improving R & D and innovation capability, and transforming from the low level processing to the high-end export.