Inciting the market deadlock and breaking the "finance" of the international financial crisis
In 2009, under the impact of the global financial tsunami, China’s exports were greatly affected. Statistics show that in January this year, the total value of foreign trade imports and exports fell by 29% year-on-year, and the decline in February also reached 24.9%. Customs announced * new import and export statistics on March 11. In the first two months of this year, China’s clothing and clothing accessories exports totaled 14.62 billion US dollars, down 11%, including textile yarns, fabrics and products in February 2009. Exports were 2.573 billion U.S. dollars, down 32.29% year-on-year.
The difficulties are still optimistic about the Canton Fair As the Canton Fair is approaching, can "China Textile" ride the waves in this international financial tsunami? Has China’s real economy suffered a greater blow? The reporter visited Shaoxing Xingsheng Textile Co., Ltd., a textile enterprise in Shaoxing City, Zhejiang Province. Since its establishment, Xingsheng Textile Co., Ltd. has been engaged in knitting products as a typical small and medium-sized enterprise. In the face of this global financial crisis, they have concerns and anxiety, but in the face of difficulties, they have the courage and confidence. Xia Fuquan, general manager of the company, said that the difficulties of the company are inevitable, but still have confidence in the Canton Fair.
The customer group decided to participate in the exhibition. China has always been a big textile country. The textile industry is also a strong export industry after China's accession to the WTO. China's textile products account for about 35% of the total global textile exports, accounting for 20% of China's total merchandise exports. As the financial crisis continues to spread and the world economy continues to decline, the rapid development of China's foreign trade industry has ushered in unprecedented development pressure, and the textile industry has also been greatly affected. Xia Fuquan said: "The overall situation of the textile industry this year Not very clear, our sales have fallen by more than 40% year-on-year."
What do you have to do to participate in the Canton Fair? Xia Fuquan said: "The main customer group of textile products screens is foreign trade customers, so this time I will participate in the Canton Fair, I will bring new samples of this year's screens, I hope to talk more about a few business."
Realizing Enterprise Transformation Through Canton Fair For the purpose of participating in the Canton Fair, Xia Fuquan said: "The reason why we still participate in the Canton Fair in this case is mainly for two purposes: First, we hope to continue through the platform of the Canton Fair. The development of the foreign trade market; the second is that in the case of a significant reduction in foreign trade, through this platform, can open up domestic trade customers."
Due to the deteriorating international market environment, many export-oriented enterprises in China are gradually transforming their enterprises. "The current overall situation of the textile industry is uncertain, the foreign trade market is shrinking, the industry is overcapacity, the prices of raw materials, rent, labor and so on are too high. For us. For small businesses, bank loans are also difficult. If the foreign trade volume cannot be greatly improved in the short term, we have only two choices: either to open up the domestic market, or to reduce production capacity and store grain for the winter.†Xia Fuquan said.
Fund pressure affects the participation of small and medium-sized enterprises. With the gradual increase of financing difficulties for small and medium-sized enterprises, many small and medium-sized enterprises have been passively accepted. Under such a dilemma, it is reasonable for enterprises to reduce their enthusiasm for the Canton Fair. The opportunity for participation is not big, and there is no chance to participate in the meeting. Xia Fuquan said: "For our small business, in this case, we are trying our best to survive for ourselves. For the financial pressure, we What enterprises can do is to actively explore the foreign trade market, strive for orders as much as possible, and increase sales in the domestic market, further reduce production capacity, reduce costs, and strive for bank loans as much as possible."
Xia Fuquan said: "The platform of the Canton Fair has been run for more than 100 sessions, and the supporting services are relatively mature. In the current financial crisis, enterprises should be appropriately helped to reduce the burden. For small enterprises like us, the cost of participating in the Canton Fair is not A small number, the country can introduce preferential policies for small businesses to help us."
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