Textile industry, "Spring" does not seem to come as scheduled. As the largest labor-intensive industries, textile exports in January to April this year, achieved double-digit growth. However, this is only due to the sharp rebound in exports over the same period last year driven by a low base. In fact, most of the textile export enterprises, the current is still not free from difficulties, is still in "on all sides by the enemy" state.
Exchange rate risk surge
Recently, the voice of RMB appreciation in the industry travels uproar, many experts predict, the relevant exchange reform measures introduced in the third quarter. In the just-concluded China-US Strategic and Economic Dialogue, Chinese President Hu Jintao said that China will continue to follow the initiative and the principle of gradual, steady progress in the reform of RMB exchange rate formation mechanism.
Kids largest foundry, one of the people of Jiangsu Going Group Chairman Xu said, the domestic garment enterprises is most worried about the yuan's appreciation. He believes that China's textile industry is now generally also control the profits of products in 3%, and even some corporate profitability has not yet reached this level. If 1% appreciation of the renminbi, will have nearly 20% of businesses do not profit. If 5% appreciation of the renminbi would be nearly half of these enterprises face closure.
China Textile Industry Association, concerned that once the RMB appreciation on the current overall warming of the textile export industry, will be a big blow. As a labor-intensive industries, the lower the bargaining power of domestic enterprises, even if difficult to raise export prices to make up for losses.
China Textile Industry Association recently organized the forum, many of the textile export enterprises that export of data is improved appearance, the industry did not really pick up, there are many uncertain factors.
"If the yuan revaluation, we must re-calculate the profit. This is some of the profits for smaller orders, it must be considered thoughtful." Guangdong general manager of a textile company told reporters that the RMB revaluation pressure to offer textile products , order carry great uncertainty, not the phenomenon of orders also increased.
"If the 2% revaluation of the RMB, China's textile exports to the whole industry will be at a loss." Texhong Textile Group Chairman Hong Tianzhu told reporters that the company's profit last year, the full establishment of the exchange rate is stable. Today, the company's biggest challenge is the yuan's appreciation.
Soaring prices of raw materials
In addition to exchange rates, the impact of the textile export profits were the price of raw materials. Since the end of last year, a new round of textile industry in recent years, the sharpest increase in costs is one.
According to the China Federation of Logistics and Purchasing released recently shows that China's manufacturing purchasing prices of raw materials biggest for the highest point since 2008. Among them, the textile industry topped the list of raw materials price increase, year on year increase of more than 20%.
In cotton prices, for example, early last year, cotton prices in China are still under 10,966 yuan / ton. May 25 this year, the Chinese cotton price index has climbed to 17,323 yuan / ton, or nearly 60% of the total.
Hou Jie, Dongguan, Guangdong garment factory, a head of Ms Wang told reporters that the plant currently a serious shortage of raw materials. "Before, we were a large number of imports from Pakistan and India, cotton yarn, but recently India has announced to stop exports, Pakistan will have to raise export tariffs. Now the domestic cotton price once every few days will be up, we all suspect that there are not funds in the hype cotton. "the official said, the trend in cotton prices this year is very strange.
"If cotton prices remained high, and we plant may be giving up some orders." Ms Wong said that this is quite upset.
Hidden barriers to trade
As the major export products, cheap textiles has been the focus of trade friction. Even this year, China's clothing exports to Europe and the United States has on many occasions, "recall" the incident, and a gradually increasing trend.
According to a U.S. Consumer Product Safety Commission statistics show that in January to April this year, the number of Chinese-made textiles recall of 22 items, accounting for the U.S. Consumer Product Safety Commission recalled 81.5% of the total, up 83.3%. The EU source said in April this year, a total of 26 textile and apparel products have been recalled, up by 37%. 15 of them producing for the Chinese, the total recall of 58% of textile and apparel products, up 15%.
"Social Employment is the most concern the United States. If the number of China's textile exports grow too fast, it will inevitably affect the U.S. industry, employment and social security. So, trade friction may occur at any time." Academy of Social Sciences and the World Economy Political Research Fellow Shen told reporters, such as wing, even in the Sino-US strategic economic dialogue, both sides reached a consensus on the oppose trade protectionism, but the trade protectionism will not disappear in the near future.
Textile industry recruitment difficult
Production in the textile export enterprises, the labor "shortage", the phenomenon of intensified recruitment difficult. Many enterprises have not only produced limited progress, labor costs have also increased.
It is understood that, in the Pearl River Delta region, the plant's employment situation is very tense, piece rate workers were up 10%. Even so, the workers remained in short supply.
"In recent years, increasing domestic labor costs, labor costs continue to decrease." Shen wing such as that which has become eroded meager profits of textile export enterprises one of the factors.
"If cotton prices remained high, and we plant may be giving up some orders." Ms Wong said that this is quite upset.
Hidden barriers to trade
As the major export products, cheap textiles has been the focus of trade friction. Even this year, China's clothing exports to Europe and the United States has on many occasions, "recall" the incident, and a gradually increasing trend.
According to a U.S. Consumer Product Safety Commission statistics show that in January to April this year, the number of Chinese-made textiles recall of 22 items, accounting for the U.S. Consumer Product Safety Commission recalled 81.5% of the total, up 83.3%. The EU source said in April this year, a total of 26 textile and apparel products have been recalled, up by 37%. 15 of them producing for the Chinese, the total recall of 58% of textile and apparel products, up 15%.
"Social Employment is the most concern the United States. If the number of China's textile exports grow too fast, it will inevitably affect the U.S. industry, employment and social security. So, trade friction may occur at any time." Academy of Social Sciences and the World Economy Political Research Fellow Shen told reporters, such as wing, even in the Sino-US strategic economic dialogue, both sides reached a consensus on the oppose trade protectionism, but the trade protectionism will not disappear in the near future.
Textile industry recruitment difficult
Production in the textile export enterprises, the labor "shortage", the phenomenon of intensified recruitment difficult. Many enterprises have not only produced limited progress, labor costs have also increased.
It is understood that, in the Pearl River Delta region, the plant's employment situation is very tense, piece rate workers were up 10%. Even so, the workers remained in short supply.
"In recent years, increasing domestic labor costs, labor costs continue to decrease." Shen wing such as that which has become eroded meager profits of textile export enterprises one of the factors.
Reflect the number of export enterprises in Guangdong, now the workers wage rose to 2,000 yuan / month to 3,000 yuan / month, but still difficult to find sufficient manpower. Dongguan in Guangdong, many factories are hanging outside the recruitment notices, and even there have been many special recruitment for the processing business to go around the company.
"Now, most of the textile export enterprises are relying on export tax rebates to survive. From the macro point of view, restructuring is an inevitable trend, but the smooth transition of transition to ensure that domestic social and economic stability is also very important." Mei Xinyu, researcher at the Ministry of Commerce recommendations Meeting change, raw materials and control measures must choose a gradual approach to allow enterprises to adapt.
Source "China Textile Network"
Editor: Yan Zhu
Exchange rate risk surge
Recently, the voice of RMB appreciation in the industry travels uproar, many experts predict, the relevant exchange reform measures introduced in the third quarter. In the just-concluded China-US Strategic and Economic Dialogue, Chinese President Hu Jintao said that China will continue to follow the initiative and the principle of gradual, steady progress in the reform of RMB exchange rate formation mechanism.
Kids largest foundry, one of the people of Jiangsu Going Group Chairman Xu said, the domestic garment enterprises is most worried about the yuan's appreciation. He believes that China's textile industry is now generally also control the profits of products in 3%, and even some corporate profitability has not yet reached this level. If 1% appreciation of the renminbi, will have nearly 20% of businesses do not profit. If 5% appreciation of the renminbi would be nearly half of these enterprises face closure.
China Textile Industry Association, concerned that once the RMB appreciation on the current overall warming of the textile export industry, will be a big blow. As a labor-intensive industries, the lower the bargaining power of domestic enterprises, even if difficult to raise export prices to make up for losses.
China Textile Industry Association recently organized the forum, many of the textile export enterprises that export of data is improved appearance, the industry did not really pick up, there are many uncertain factors.
"If the yuan revaluation, we must re-calculate the profit. This is some of the profits for smaller orders, it must be considered thoughtful." Guangdong general manager of a textile company told reporters that the RMB revaluation pressure to offer textile products , order carry great uncertainty, not the phenomenon of orders also increased.
"If the 2% revaluation of the RMB, China's textile exports to the whole industry will be at a loss." Texhong Textile Group Chairman Hong Tianzhu told reporters that the company's profit last year, the full establishment of the exchange rate is stable. Today, the company's biggest challenge is the yuan's appreciation.
Soaring prices of raw materials
In addition to exchange rates, the impact of the textile export profits were the price of raw materials. Since the end of last year, a new round of textile industry in recent years, the sharpest increase in costs is one.
According to the China Federation of Logistics and Purchasing released recently shows that China's manufacturing purchasing prices of raw materials biggest for the highest point since 2008. Among them, the textile industry topped the list of raw materials price increase, year on year increase of more than 20%.
In cotton prices, for example, early last year, cotton prices in China are still under 10,966 yuan / ton. May 25 this year, the Chinese cotton price index has climbed to 17,323 yuan / ton, or nearly 60% of the total.
Hou Jie, Dongguan, Guangdong garment factory, a head of Ms Wang told reporters that the plant currently a serious shortage of raw materials. "Before, we were a large number of imports from Pakistan and India, cotton yarn, but recently India has announced to stop exports, Pakistan will have to raise export tariffs. Now the domestic cotton price once every few days will be up, we all suspect that there are not funds in the hype cotton. "the official said, the trend in cotton prices this year is very strange.
"If cotton prices remained high, and we plant may be giving up some orders." Ms Wong said that this is quite upset.
Hidden barriers to trade
As the major export products, cheap textiles has been the focus of trade friction. Even this year, China's clothing exports to Europe and the United States has on many occasions, "recall" the incident, and a gradually increasing trend.
According to a U.S. Consumer Product Safety Commission statistics show that in January to April this year, the number of Chinese-made textiles recall of 22 items, accounting for the U.S. Consumer Product Safety Commission recalled 81.5% of the total, up 83.3%. The EU source said in April this year, a total of 26 textile and apparel products have been recalled, up by 37%. 15 of them producing for the Chinese, the total recall of 58% of textile and apparel products, up 15%.
"Social Employment is the most concern the United States. If the number of China's textile exports grow too fast, it will inevitably affect the U.S. industry, employment and social security. So, trade friction may occur at any time." Academy of Social Sciences and the World Economy Political Research Fellow Shen told reporters, such as wing, even in the Sino-US strategic economic dialogue, both sides reached a consensus on the oppose trade protectionism, but the trade protectionism will not disappear in the near future.
Textile industry recruitment difficult
Production in the textile export enterprises, the labor "shortage", the phenomenon of intensified recruitment difficult. Many enterprises have not only produced limited progress, labor costs have also increased.
It is understood that, in the Pearl River Delta region, the plant's employment situation is very tense, piece rate workers were up 10%. Even so, the workers remained in short supply.
"In recent years, increasing domestic labor costs, labor costs continue to decrease." Shen wing such as that which has become eroded meager profits of textile export enterprises one of the factors.
"If cotton prices remained high, and we plant may be giving up some orders." Ms Wong said that this is quite upset.
Hidden barriers to trade
As the major export products, cheap textiles has been the focus of trade friction. Even this year, China's clothing exports to Europe and the United States has on many occasions, "recall" the incident, and a gradually increasing trend.
According to a U.S. Consumer Product Safety Commission statistics show that in January to April this year, the number of Chinese-made textiles recall of 22 items, accounting for the U.S. Consumer Product Safety Commission recalled 81.5% of the total, up 83.3%. The EU source said in April this year, a total of 26 textile and apparel products have been recalled, up by 37%. 15 of them producing for the Chinese, the total recall of 58% of textile and apparel products, up 15%.
"Social Employment is the most concern the United States. If the number of China's textile exports grow too fast, it will inevitably affect the U.S. industry, employment and social security. So, trade friction may occur at any time." Academy of Social Sciences and the World Economy Political Research Fellow Shen told reporters, such as wing, even in the Sino-US strategic economic dialogue, both sides reached a consensus on the oppose trade protectionism, but the trade protectionism will not disappear in the near future.
Textile industry recruitment difficult
Production in the textile export enterprises, the labor "shortage", the phenomenon of intensified recruitment difficult. Many enterprises have not only produced limited progress, labor costs have also increased.
It is understood that, in the Pearl River Delta region, the plant's employment situation is very tense, piece rate workers were up 10%. Even so, the workers remained in short supply.
"In recent years, increasing domestic labor costs, labor costs continue to decrease." Shen wing such as that which has become eroded meager profits of textile export enterprises one of the factors.
Reflect the number of export enterprises in Guangdong, now the workers wage rose to 2,000 yuan / month to 3,000 yuan / month, but still difficult to find sufficient manpower. Dongguan in Guangdong, many factories are hanging outside the recruitment notices, and even there have been many special recruitment for the processing business to go around the company.
"Now, most of the textile export enterprises are relying on export tax rebates to survive. From the macro point of view, restructuring is an inevitable trend, but the smooth transition of transition to ensure that domestic social and economic stability is also very important." Mei Xinyu, researcher at the Ministry of Commerce recommendations Meeting change, raw materials and control measures must choose a gradual approach to allow enterprises to adapt.
Source "China Textile Network"
Editor: Yan Zhu
time:2010/6/17
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