Biggest test for apparel industry comes next year

by janydtfm05 on 2009-12-04 23:22:37

"The worst times are over." Recently, when reporters interviewed some textile and apparel manufacturing enterprises in Quanzhou City, Fujian Province, some enterprise leaders expressed such thoughts without prior agreement. The "worst times are over" they mentioned was also corroborated by a series of data reported by the journalists. Not long ago, the Fujian Local Taxation Bureau informed reporters that tax revenue from the textile and apparel manufacturing industry reached 1.102 billion yuan in October this year, an increase of 108 million yuan compared to the same period last year, accounting for 11.1% of the monthly tax increment, driving tax growth by about 2 percentage points. "Now the workers in the factory are fully engaged in producing orders for Christmas and New Year," said one participant. The third phase of the 106th Canton Fair opened at the end of October with more exhibitors, increased procurement amounts, and significantly rising transaction volumes, all of which seem to indicate that foreign trade exports are gradually warming up. Although he did not participate in the Canton Fair, Wan Shengzhen, General Manager of Jinjiang Shengdamei Garment Co., Ltd., paid close attention to the dynamics of textile and apparel enterprises at the Canton Fair. Some information from this fair indeed made him feel encouraged: many participating textile and apparel companies indicated that although orders were still unstable, exports have shown signs of recovery, with indications of economic and consumer recovery in Europe and America, and increasing consumption in emerging markets like the Middle East. In fact, what made Wan Shengzhen feel encouraged was not only the improvement trend in the Canton Fair, regarded as a barometer of China's foreign trade exports, but also the sound of sewing machines coming from his own factory. "Now the workers in the factory are fully engaged in producing orders for Christmas and New Year, basically working in three shifts." Compared to the previous quietness, the factory is indeed much busier now. Workers are constantly busy, and the machines never stop making noise, familiar scenes reappearing in many textile and apparel enterprises in Quanzhou. As an important hub for textile and apparel exports in Fujian Province, the trends in Quanzhou's textile and apparel industry serve as a barometer. Relevant personnel from the Quanzhou Local Taxation Bureau told reporters that since entering October, the tax revenue situation in the manufacturing sector has been good. In October, the tax revenue from the manufacturing sector was 492 million yuan, an increase of 78.62 million yuan, growing by 19%. Among them, the textile, apparel, footwear, and hat manufacturing industries collected 131 million yuan in taxes in October, an increase of 72 million yuan, growing by 122.4%. It is understood that the main reasons for the increase in production volume and improved business conditions are that merchants in countries and regions such as Europe and America began their traditional peak season for purchasing clothing, toys, and shoes in September to prepare for the arrival of festivals like Christmas and Thanksgiving, which greatly promoted the substantial growth in exports of Fujian's textile and apparel products. Related theme articles: Super slimming fashionable clothing coordination reviews, big brand style clothing coordination techniques for this season, greater tests for the clothing industry next year.

This article comes from Fashion Coordination - Yi Yuan Network (http://www.daban.org.cn), please indicate the source if you reprint it.