Textile And Garment Industry Is More Dependent On Exports.

If the international economic growth is slow or the economy is bogged down, the textile and clothing inventory is hard to return to normal.

Zhu Qinghua believes that China's textile and garment industry has a greater dependence on exports, and the improvement of export volume is the key to ease the high inventory of textile and clothing.

In the face of the weak demand and the pressure of cost, how to resolve the textile and garment enterprises? Insiders told reporters that the main reason for the fierce competition in the textile and garment industry is due to the serious homogenization of the products.

Li Yining, a member of the CPPCC Committee, has suggested that the supply side structure reform should take the product A as an example.

In the 2015 annual report, the company pointed out that, "in 2015, the external situation faced by the textile industry is complex. What is more prominent is a series of factors, such as the low market demand, the rising cost of production factors, the sharp reduction of the import quota of cotton, and so on. These unfavorable factors lead to the further improvement of the production capacity of the enterprises, the weakening of the export competitiveness of their products, and the rapid rise of textile and garment processing in Southeast Asia, which makes the company feel the dual pressure of demand and cost."

Lu Tai A annual report shows that in 2015, the company achieved operating income of 6 billion 173 million yuan, an increase of 0.06% over the same period last year, operating profit of 841 million yuan, down 19.09% compared with the same period last year; net profit attributable to shareholders of listed companies was 712 million yuan, down 25.71% compared to the same period last year; net profit after deducting non recurring gains and losses was 718 million yuan, down 18.02% from the same period last year.

Facing demand and

The pressure, Lu Tai A said, "to promote the construction of Southeast Asian production base", in 2015, Lu Tai (Kampuchea) two phase project, Lu Tai (Burma) project smoothly put into operation, at the same time, the company also set up Lu Tai (Vietnam) Textile Co., Ltd. and Vietnam garment factory project.

The company said that with the increasing cost of domestic production factors, the processing trade of textile and garment, especially

The trend of industrial pfer to Southeast Asian countries has been established, and the "going out" of the dominant enterprises is inevitable.

Study product personalization, service humanization, brand internationalization, and keep customers' needs in China.

For textile and garment industry, there are many jobs to be done in every link.

The textile machinery industry is big but not strong. It can not stop a large number of enterprises from taking pride in importing equipment. The terminal industry is big but not loud, and the brand lacks the power to attract the people.

The goal is to find that the short board is to find the way to enhance effective supply; to explore new needs with innovative thinking and to guide the new demand is the rich ore that the textile and garment industry has to dig for effective supply.

Zhu Qinghua, a researcher at CIC light industry, told reporters: "the introduction of the supply side reform will have an important impact on the textile and garment industry's inventory and capacity development.

First, the supply side reform promotes effective investment, which will urge enterprises to make capacity plans according to market demand, avoid blind development and cause waste of resources. Secondly, reform policies indicate that we should comprehensively improve the level of standardization and improve the quality supervision system, which will help to eliminate backward production capacity and promote industrial upgrading. Thirdly, the policy emphasizes innovation and innovation is an important way for enterprises to inventory.

In response, the reporter learned from the exchanges with many textile and apparel listed companies that many companies are increasing investment in research and development of products. At the same time, in order to meet the needs of consumers, listed companies began to launch personalized orders to meet the high demands of consumers.

The head of relevant department of clothing listed company told reporters that while the demand for consumers was higher and higher, the company was ready to develop intelligent factories and began to accept personalized orders in consumers in some areas.

Zhu Qinghua said that the competition in the market will shift from price to quality and innovation. Large and medium-sized textile and garment enterprises will be more competitive in terms of quality and innovation.

"After the reform of the supply side is put forward, the large and medium-sized garment and textile enterprises will benefit from it, because many backward production capacity will be eliminated in the future."