Hong Zhongxin: China's 100 Billion Garment Enterprises Are Not Accidents.
In 1980,
Powerful fighter
The founder dismantled two doors and started the business when the cutting bed started.
In those days, material deprivation
Consumer
The desire to buy has been suppressed for too long. They are eager to release.
production
Making clothes can make money.
That's China.
Clothing industry
The golden age.
31 years later, Hong Zhongxin, President of Limited by Share Ltd, faced with an era of oversupply of clothing.
A widely circulated joke in the market is that all garment enterprises do not produce and Stock clothing is enough for the whole country to wear for one year, while another more spicy paragraph says that a garment company of 50 thousand people can not earn as much as a real estate company with only 500 people, much less than a 50 equity investment company.
"In terms of China's own market, it is not surprising that hundreds of billions of enterprises will emerge in the future."
Hong Zhongxin does not agree with this view. He believes that the good days of China's clothing industry are not at the end.
"China's market is extremely large. At present, there are hundreds of billions of market in men's clothing industry, and the growth rate is two digit per year."
Accordingly, Hong Zhongxin is optimistic that the characteristics and advantages of Chinese clothing brands are also forming, and it is entirely possible to occupy a certain share in the international market in the future.
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