Textile exports fell slightly at the hottest China

Textile exports fell slightly at the "China Trade Fair"

recently, at the 18th East China Import and Export Commodities Fair (hereinafter referred to as "China Trade Fair"), which closed in Shanghai, the transaction volume of textile and clothing commodities fell. This shows that China's textile industry, once regarded by foreign counterparts as a "monster", has entered a painful period of adjustment and reshuffle. "Now may be the most difficult period (in the textile industry) since the reform and opening up." Bai Jinliang, Secretary General of Jiangsu Import and Export Chamber of Commerce, said

the "China International Trade Fair" has always been regarded as one of the weathervanes of China's foreign trade. Statistics show that the total turnover of this exhibition is 3.678 billion US dollars, an increase of 3.52% over the previous one; Among them, the transaction with the United States was about $583million, down 1.5% from the previous session. Textile and clothing enterprises were significantly affected. During the five-day meeting, textile and clothing products sold a total of $1.844 billion, a decrease of 0.54% over the previous session

"although the duration of this year's China Trade Fair is one day shorter than that of last year, compared with major markets such as the European Union and Japan, the weakening of market demand in the United States is relatively clear. The reporting option allows users to easily share the detailed experimental results. It is obvious that the impact of the subprime mortgage crisis on China's exports has begun to appear." Said WANGQINGJIANG, deputy director of the Exhibition Department of the China International Trade Fair

Jiangsu is the second largest export province in China after Guangdong. According to the information from this delegation, since May 2007, Jiangsu's exports to the United States have slowed down significantly, and the monthly growth rate fell sharply from 51.9% at the beginning of the year to 1.8% at the end of the year. In January this year, the export of Jiangsu Province increased by only 18. 5% year-on-year For example, needles and blades also benefit from the lubrication of the material by 4%, and their exports to the United States even decreased year-on-year, so the tensile strength of the material can be obtained by 3%

in 2007, Jiangsu Shuntian Co., Ltd. exported US $730million, of which the US market accounted for about 20%. According to caoxiaojian, deputy general manager of the company, in January of last year, American merchants usually placed winter clothes orders, and domestic enterprises could ship them in April and may. However, by the end of February this year, only half of Shuntian's American customers had placed orders, and the number had decreased significantly. This reflects that demand in the US market may weaken

enterprises are facing the pain of high costs

the newly implemented labor contract law this year and the rise in the price of upstream raw materials in the non war state of "mafangnanshan" for more than 30 years have made enterprises face the pain of high costs. As most textile and garment enterprises in China are low value-added and labor-intensive industries, their bargaining power is poor, and the pressure of rising costs is difficult to transmit to foreign buyers, so the survival space of enterprises is getting smaller and smaller

manager Zhao of the Foreign Economic Department of Hongdou Group predicts that with the price increase of upstream products such as cotton yarn and chemical fiber, the price of textile fabrics will rise after March, and the cost of clothing enterprises will rise at that time. The upstream raw material price rises slightly, and the downstream price rise effect will be amplified in the transmission process

the rise in labor costs may also become the trigger for the reshuffle of the textile industry. In addition to the southeast coastal areas, traditional labor export places such as Suqian and Huai'an in Jiangsu, and central provinces such as Jiangxi and Anhui, the monthly wages of front-line workers generally increased by 200 to 400 yuan, resulting in an increase of 10 to 15% in the costs of many enterprises

many enterprises evade costs through various means. Shenquanrong, deputy director of Changzhou foreign trade and Economic Cooperation Bureau, told that some local small and medium-sized garment export enterprises used to adopt the working hour system. Now, in order to reduce overtime pay, it is changed to the piece work system, but the single piece pay within 8 hours of normal working hours is only 1/3 of the single piece pay for overtime. In this way, the overtime wages of workers have been increased according to law, but the total wages paid by the factory have not changed much