In the first half of the year, garment exports increased 16% year-on-year

â–¡ Raw material prices rise, corporate profit space will narrow

â–¡ International trade protectionism rises and trade frictions may increase

â–¡ Enterprises face *** appreciation pressure

â–¡ Upgrading of labor costs is irreversible

According to the latest export data issued by the General Administration of Customs on July 10, in the first half of this year, China’s garment exports reached US$53.23 billion, an increase of 16%, which was 2.9 percentage points faster than the previous five months. Textile yarn, textiles and products exported US$35.65 billion. , an increase of 32.3%, 2.6 percentage points faster than the previous 5 months.

From the whole first half of the year, China's textile and apparel exports have maintained a certain amount of growth, which is roughly in line with the analysis and prediction of China's export situation this year.

“It is expected that China’s apparel exports will be better than in 2009, and the export value will be around US$120 billion, an increase of around 10%. The reason is that with the stabilization of the global economy in 2010, the demand of the three major markets in the United States, the European Union and Japan will There has been a pick-up; in addition, the gradual recovery of the economy of emerging countries is also an important factor in stimulating China’s garment exports,” said the relevant person in charge of the China Chamber of Commerce for Import and Export of Textiles.

The responsible person’s judgment was also confirmed to some extent in the data released by the General Administration of Customs: China’s bilateral trade with the EU was US$219.42 billion, which was an increase of 37.2% over the same period of last year; the bilateral trade value with the US It was US$171.99 billion, an increase of 30.2%; the bilateral trade value with Japan was US$136.55 billion, an increase of 37%. It is worth mentioning that the emerging country Brazil has leaped to China’s tenth largest trading partner, and in the first half, China’s bilateral relations with Brazil. The total value of trade was 26.39 billion U.S. dollars, an increase of 60.3%.

“2010 is a crucial year for China to continue to cope with the international financial crisis, maintain stable and rapid economic development, and accelerate the transformation of economic development methods. Although the development environment may turn for the better, the situation facing it is extremely complicated, and textile and apparel exports still face many problems. Determine the factors." The responsible person also reminded.

First of all, China's textile and garment industry faces the problem of rising raw material prices, and its corporate profit margins will shrink. Since 2009, with cotton yarn, cotton market conditions have improved, the domestic demand for cotton has shown a rebound, the main raw material prices continue to rise. He said: " In the situation where external demand has not yet fully recovered, there will be a sharp contrast between the accelerated rise in raw material prices and price cuts in the terminal market, and the profit margin of enterprises will become smaller and smaller. In addition, the overall rise in the prices of production factors such as water, electricity, coal and oil will also be further compressed. Business profit space."

Secondly, due to the increasing rise of international trade protectionism, trade frictions may be further aggravated. In fact, after the global financial crisis erupted, governments of various countries adopted measures of safety, health, environmental protection, anti-dumping, anti-subsidy, etc. to protect their industries. Measures to build trade barriers, China's garment exports are facing increasingly serious trade friction. According to statistics, in 2009, foreign projects and preliminary examinations of China's export of textile products have been more than a dozen projects, mainly from developing countries, the amount involved Up to 600 million U.S. dollars. At the same time, the United States and the European Union have also stepped up supervision of China's products, frequently recalling Chinese-made clothes, and restricting China's clothing exports by raising barriers to technical barriers.

“In addition, China will face the pressure of *** appreciation in 2010, and the appreciation of *** will test the endurance of the enterprise.” The responsible person further said that in 2009 "to protect the market, guarantee share, guarantee exports Under the guidance of the policy guidelines, *** maintained a stable trend and created a favorable trading environment for the garment enterprises' exports. The share of China's garments in the major export markets has increased to varying degrees, and corporate profits have been protected. However, with the rise of China’s international trade status and the huge trade surplus, the issue of renminbi appreciation has once again become the focus of attention. For the low-margin apparel industry, if the *** appreciation, it will once again test the enterprise’s tolerance. Capability. Therefore, for export companies, they should prepare in advance to minimize the risk of exchange rate changes.

“At the same time, it cannot be overlooked that rising labor costs are a foregone conclusion.” The responsible person analyzed that, unlike in previous years, the tightening phenomenon of workers since 2009 is not only the Pearl River Delta region but also the Yangtze River Delta region. The provinces of Anhui, Jiangxi, and other traditional labor exporting provinces also began to experience shortages of workers. Therefore, many companies have adopted measures such as raising wages and lowering ** to solve the problem of labor shortage. “On the surface, the economy is picking up. The rise in orders is the trigger for this recruitment crisis, but the underlying reason is that the era of cheap labor is gone for ever. Low wages, which are not directly proportional to the intensity of labor, are increasingly unattractive to workers. The most direct reason for the difficulty of recruitment is that the apparel industry is a traditional labor-intensive industry, and the 'workforce shortage' has become one of the major difficulties faced by many garment companies. The person in charge added.