China'S Textile And Garment Foreign Trade Enterprises Are In Trouble.

Europe is an important export destination for China's foreign trade enterprises. Textile as one of the important export industries clothing In 2011 1~9, the export growth rate of our textile and garment products in Europe decreased significantly. Small and medium-sized textile and garment enterprises have felt the impact of the European debt crisis.

The data show that the export growth of China's textile and garment products in 2010 was 28.95% in China and 5.38% in 2011 in 1~9 months. In this regard, Zhu Qinghua, a light industry researcher at CIC, said that this shows that the order volume of some textile enterprises in China has shrunk. Capital chain Will be in trouble.

In the shadow of the European debt crisis, the official statistics of the Canton Fair ended in November 4th showed that the two quarter of spring and Autumn Trade Fair Turnover For us $74 billion 760 million, the export volume of textiles and garments reached US $3 billion 420 million, basically recovering to the level of 2007. The difference is that short-term orders account for 88%, showing a rising trend.

On the one hand, due to the poor international economic environment, the pace of international economic development has slowed down, and the demand for foreign trade in clothing has been insufficient. This has caused a direct impact on China's foreign trade volume. At the same time, the appreciation of the RMB exchange rate is strong, and the major garment enterprises are afraid to make a long list to avoid the loss of exchange rate fluctuations.

Many small garment enterprises make foreign trade orders just to maintain the operation of factories, "do not seek money", but the current market situation makes these foreign trade enterprises at a loss. However, the beginning of the transformation of domestic sales of foreign trade enterprises is extremely difficult for small and medium-sized enterprises.

As domestic sales need to be distributed to distributors, dealers will be dragging money in various ways in the face of bad sales. Therefore, capital chain tension has become the biggest predicament of small and medium-sized textile and garment enterprises in the transformation of foreign trade. And clothing enterprises require higher capital turnover rate. Shortening the recovery cycle as much as possible will revitalize the operation speed of enterprises and raise the level of enterprise revenue so as to ensure the good operation of enterprises.

From the perspective of capital, it is necessary for textile and garment enterprises to carry out a large amount of capital operation to develop new markets. From the enterprise level, due to the credit crunch, the credit support of light industry continues to decline, resulting in some enterprises' capital chain more intense. From all levels of analysis, small and medium-sized foreign trade garment enterprises will face challenges.