Sewing Machinery Industry Presents Negative Growth And Shortage Of Funds Becomes The Most Difficult.

Since the beginning of this year, the output value of the sewing machinery industry has shown a negative growth for the first time, and the overall production has been completely downgraded, and the profits of the enterprises have dropped significantly.

Industry experts called on the state to give credit, tax and other support.

Many leading enterprises of sewing machinery are facing various difficulties, and the shortage of funds becomes the most difficult.

Almost all the small businesses are closed down, and the medium-sized enterprises are in a semi shutdown state.

According to the insiders, sewing machine industry must take the road of joint mergers and acquisitions to form a large backbone enterprise, so that it can die and revive.

　　资金紧缺迫使企业易辙

The data released by China Sewing Machinery Association showed that after 8 consecutive years of rapid development, influenced by various factors in the domestic and international environment and industry, the output value of the industry has been negative for the first time this year, and the overall production has been completely downgraded, and the profits of enterprises have dropped significantly, and exports are showing a downward trend.

Data show that in 1-5 months, the main indicators of China's sewing machinery industry slipped, and the growth rate slowed down by nearly 30 percentage points.

The total output value of industrial output totaled 6 billion 100 million yuan, down 21.76% from the same period last year, an increase of nearly 41 percentage points year-on-year; the industrial added value of 1 billion 600 million yuan, down 27.01% from the same period last year, an increase of 32 percentage points; the total profit and tax volume of 500 million yuan, a decrease of 43.04% over the same period last year, an increase of 45 percentage points, and a total profit of 300 million yuan, a decrease of 46.56% percent, an increase of 43.04% percentage points.

In 1-5 months, 3 million 160 thousand sewing machines in the whole industry decreased by 24.71% compared with the same period last year, 3 million 70 thousand sewing machines sold, down 27.40% from the same period last year, and 500 thousand accumulative inventory sewing machines, an increase of 27.29% over the same period last year.

At the same time, the growth rate of sewing machinery import and export trade slowed down.

According to the statistics of the General Administration of customs, the total export trade of sewing machinery and spare parts in China in the 1-5 months of this year amounted to US $780 million, a decrease of 4.88% compared with the same period last year. The total trade volume showed a downward trend. The total imports were shrinking. In 1-5 months, the total import of sewing machinery and parts was 150 million US dollars, down 22.89% from the same period last year.

Nagata Mihiro, director of the China Sewing Machinery Association, said that in Zhejiang and Taizhou, where the sewing machine industry was concentrated, many enterprises such as leaps, jewels, ZOJE and so on were faced with varying degrees of difficulty, and the shortage of funds became the biggest difficulty.

Almost all the small businesses have been shut down, and the medium enterprises are in a semi shutdown state, and there are various problems in the leading enterprises.

Under pressure, many sewing machine enterprises began to turn to other mechanical manufacturing fields, such as medical devices, tobacco, automobiles, aircraft manufacturing, etc.

Gu Liping, deputy general manager of Ningbo development Sewing Machinery Co., Ltd., said: "the total number of orders has dropped by 50% over the same period last year, and the pressure on enterprises is huge. We are investing in foreign trade and medical equipment to see if we can develop in other industries."

In addition to sewing machinery, the company is currently investing in electronic control, real estate, financial insurance, and so on.

The merger and reorganization will open up a new way of life. The reporter has learned that over the years, China's sewing machinery has been overly dependent on the textile and garment industry, which has become the biggest weakness of the sewing machinery industry.

In addition, most of the large garment enterprises in China tend to purchase equipment from abroad because the structure of sewing machine is mainly medium and low grade.

In recent years, with the closure and bankruptcy of a large number of small and medium-sized garment enterprises, the domestic sewing machinery enterprises have lost a large number of buyers, and the market has rapidly shrunk.

And cultivating their own independent market is known as "the task that can not be completed within a few years".

In addition, since the implementation of tight monetary policy and a series of macro measures, sewing machinery industry has been described as "housing leakage and continuous rain". The industry that has not yet grown up seems to have to challenge its survival limits.

However, the future is not so pessimistic.

Nagata Mihiro, director of the China Sewing Machinery Association, believes that sewing machines have high technology content and can do well in sewing machinery enterprises.

Therefore, Tian min Yu hopes that the government can adjust the export rebate rate of sewing machines and increase the loan intensity.

Because China's sewing machinery occupies 70% of the world's share, it is also an absolute advantage in parts assembly, so the government should treat it differently.

In addition, the industry believes that the sewing machinery industry should not wait for the government to throw away the pie, but should take the initiative to "build up a healthy body".

According to the industry association report, 95% of the sewing machinery industry in China is private enterprises.

However, the industry concentration is very low, and there is a lot of disorder competition. Small and medium enterprises almost all rely on export tax rebates to create profits.

The industry believes that to eliminate such a situation, we must take the road of joint mergers and acquisitions and form a large backbone enterprise so that we can have every chance to win.

In addition, there are also a series of good news about sewing machinery industry in the short term.

It is reported that recently the Ministry of commerce is working with other departments to work out relevant plans to prevent exports of light industry, textile and other labor-intensive industries from falling sharply.

Earlier, the Ministry of Commerce said that textile and garment trade should be maintained steady growth, leaving enterprises with time for industrial upgrading.

For export enterprises with market, orders and efficiency, the state should give necessary credit support.

From the international perspective, the current global clothing production is mainly concentrated in Southeast Asia, South America, Eastern Europe and other developing countries and regions, such as Vietnam, India, Brazil, Mexico, Pakistan and other countries are all the world's garment producing countries. Their clothing industry is in the ascendant. The government has a series of support and encouragement measures for the development of the textile and garment industry, and the sewing equipment needed by these countries is mainly from China.

Therefore, the prospect of China's sewing machinery industry is still well received by a considerable number of people.