Due to the increase of uncertainties in the international market, China's textile and apparel exports will face a complex situation this year. The lack of economic growth in the world, the sovereign debt crisis, the pressure of *** appreciation, and the rising cost of labor, raw materials and other factors all have a certain impact on China’s textile exports.
From external pressures, although the European and American textile and clothing markets have shown signs of recovery, recovery has been slow. Under the condition that the demand in the international market has not been significantly expanded, China's textile exports have been able to achieve such a good performance. However, at the same time, it should also be noted that this year's slowdown in global economic recovery and slowdown in consumer demand will inhibit the export of Chinese textile and apparel products. The increase in the pressure on the appreciation of the *** will also weaken China’s textile and apparel industry’s competitive advantage in the international market, and may even result in the loss of some orders.
The appreciation of *** is now a double-edged sword. "A further increase in the level of *** may cause exporters to go bankrupt, which is unaffordable to China." Zhong Shan, deputy head of the Ministry of Commerce, figuratively stated, “If the water is heated to 99°C, it will not boil, but if it continues to rise by 1°C, the water will boil.†This illustrates the fragile situation faced by Chinese textile and garment exporters. At present, the average net profit rate of the entire textile industry is between 3% and 4%, which will not exceed 5%. If the appreciation of the *** exceeds 5 points, more than half of the companies will be strongly impacted. If the import quotas for cotton in the future are not properly liberalized, the textile industry may experience a large loss of orders after the appreciation of ***, and the average profit will be zero.
From the perspective of domestic factors, the Chinese textile industry is also facing the pressure of rising labor costs, raw materials and other factors. Under the influence of these factors, the growth rate of China's textile and apparel exports in 2011 will also slow down. Recruitment difficulties are becoming the number one problem in the development of China's garment industry. Before the Spring Festival, cotton prices took a “roller coaster ride.†The sudden increase in raw material prices plummeted to give the apparel industry a heavy blow. As everyone knows, throughout 2010, the number one problem that constrained the development of the clothing industry was “recruitment difficulties†despite the situation in the north. It is better than the southern provinces, but the turnover rate of workers in garment enterprises is also generally 10% to 20%. The difficulty in recruiting causes the entire industry to fall into the lack of operating rate and the problems are to be solved. In 2010, due to the high level of lack of work in the apparel industry in the country, the overall operating rate in the coastal areas reached only 70%. Many large companies also lowered the operating rate to 80% due to factors such as labor shortage and rising labor costs. At the same time, the proportion of outsourcing processing was increased, and the operating rate was increased. About 50% of SMEs abound. In terms of recruitment difficulties, although Shandong is better than other coastal provinces, the turnover rate of workers is generally around 10% to 20%.
Over the past 20 years, the abundant supply of labor and abundant reserves have brought a considerable demographic dividend to China's textile and garment economic growth. However, 74% of new-generation laborers' new employment concept and structural labor imbalances indicate that the positive effect of the “demographic dividend†on textile and apparel economic development has gradually weakened. In fact, the factors that hinder the "demographic dividend" from exerting a positive economic effect do exist. However, in addition to the age changing factors of the population, there is still a large amount of rural surplus labor that is difficult to transfer due to lack of skills.
Although various unfavorable factors affect the development of the textile and clothing industry, the use of high technology to transform traditional industries and increase the contribution of innovation, technology, and brand in the development of the industry is an important way to increase the international competitiveness of the textile industry, and it is also to overcome unfavorable factors. The important means.
From external pressures, although the European and American textile and clothing markets have shown signs of recovery, recovery has been slow. Under the condition that the demand in the international market has not been significantly expanded, China's textile exports have been able to achieve such a good performance. However, at the same time, it should also be noted that this year's slowdown in global economic recovery and slowdown in consumer demand will inhibit the export of Chinese textile and apparel products. The increase in the pressure on the appreciation of the *** will also weaken China’s textile and apparel industry’s competitive advantage in the international market, and may even result in the loss of some orders.
The appreciation of *** is now a double-edged sword. "A further increase in the level of *** may cause exporters to go bankrupt, which is unaffordable to China." Zhong Shan, deputy head of the Ministry of Commerce, figuratively stated, “If the water is heated to 99°C, it will not boil, but if it continues to rise by 1°C, the water will boil.†This illustrates the fragile situation faced by Chinese textile and garment exporters. At present, the average net profit rate of the entire textile industry is between 3% and 4%, which will not exceed 5%. If the appreciation of the *** exceeds 5 points, more than half of the companies will be strongly impacted. If the import quotas for cotton in the future are not properly liberalized, the textile industry may experience a large loss of orders after the appreciation of ***, and the average profit will be zero.
From the perspective of domestic factors, the Chinese textile industry is also facing the pressure of rising labor costs, raw materials and other factors. Under the influence of these factors, the growth rate of China's textile and apparel exports in 2011 will also slow down. Recruitment difficulties are becoming the number one problem in the development of China's garment industry. Before the Spring Festival, cotton prices took a “roller coaster ride.†The sudden increase in raw material prices plummeted to give the apparel industry a heavy blow. As everyone knows, throughout 2010, the number one problem that constrained the development of the clothing industry was “recruitment difficulties†despite the situation in the north. It is better than the southern provinces, but the turnover rate of workers in garment enterprises is also generally 10% to 20%. The difficulty in recruiting causes the entire industry to fall into the lack of operating rate and the problems are to be solved. In 2010, due to the high level of lack of work in the apparel industry in the country, the overall operating rate in the coastal areas reached only 70%. Many large companies also lowered the operating rate to 80% due to factors such as labor shortage and rising labor costs. At the same time, the proportion of outsourcing processing was increased, and the operating rate was increased. About 50% of SMEs abound. In terms of recruitment difficulties, although Shandong is better than other coastal provinces, the turnover rate of workers is generally around 10% to 20%.
Over the past 20 years, the abundant supply of labor and abundant reserves have brought a considerable demographic dividend to China's textile and garment economic growth. However, 74% of new-generation laborers' new employment concept and structural labor imbalances indicate that the positive effect of the “demographic dividend†on textile and apparel economic development has gradually weakened. In fact, the factors that hinder the "demographic dividend" from exerting a positive economic effect do exist. However, in addition to the age changing factors of the population, there is still a large amount of rural surplus labor that is difficult to transfer due to lack of skills.
Although various unfavorable factors affect the development of the textile and clothing industry, the use of high technology to transform traditional industries and increase the contribution of innovation, technology, and brand in the development of the industry is an important way to increase the international competitiveness of the textile industry, and it is also to overcome unfavorable factors. The important means.
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