Japan Will Modify The Preferential Tariff System &Nbsp; Shandong Clothing Enterprises Are Afraid Of Being Affected.

From the Qingdao customs, Japan's finance ministry is preparing to revise imported products for developing countries.

It is understood that Japan's preferential tariff quota is 5 billion 500 million yen, of which about 20% of our country's use.

Tariff changes will further enhance the export price of Japanese textile and clothing and reduce the competitiveness of Chinese products in the Japanese market.

"At present, there are as many as thousands of textile enterprises in Shandong Province, and Japan has always been

In response to the revision of preferential duties in Japan, Qi Xueyong, director of the foreign trade department of the Provincial Department of Commerce, said: "this proposal is still in the process of planning, because there is no formal implementation, and the scope and type of things are not easy to say. It is difficult to judge the impact of Shandong textile enterprises."

Liu Yongsheng said that compared with Japan's revised preferential tariff, the rising cost of raw materials and labor is more difficult for textile enterprises to cope with.

Cotton prices have been rising since October 2009, rising 37% in the first half of this year, and domestic cotton prices are approaching the highest level in 15 years.

Meanwhile, the national minimum wage standard has increased by 12% this year, and the labor cost of Shandong textile enterprises has increased by 20% over the previous year.

Liu Yongsheng thought, "rising."

ASEAN countries such as Kampuchea, Bangladesh and Thailand have been competing fiercely with China in the low-end market of Japanese textile and apparel with low cost advantages.

Vietnam's textile and clothing exports to Vietnam increased by 23% in the first 7 months of this year, thanks to the EPA agreement signed with Japan (from the ASEAN countries to enjoy zero tariff treatment on Japanese exports).

In this regard, Liu Yongsheng suggested that in the face of the overall rise of production factors, the textile enterprises in our province should segment the market according to their own product characteristics so as to avoid the homogenization competition among enterprises in the province; in addition, textile enterprises should increase their efforts in independent innovation and technological pformation, increase the added value of products, consolidate their dominant position in the Japanese market, timely develop new markets, reduce export risks, and rationally implement industrial pfer.

Faced with the increasingly severe export situation, some enterprises in Shandong have begun to try directly to sea mergers and acquisitions.

Shandong Ruyi group successfully acquired Japanese clothing giant prestige Co., Ltd., and directly entered the Japanese market.

Shandong Mei Jie household textiles Co., Ltd. will be Australia's first home textile brand revenue.