Xinjiang Clothing Moves To Domestic Market To Find New Business Opportunities

"This year, we sell more than 20 kinds of domestic products for summer wear, more than 10 more than last year," said the Xinjiang International Trade City International Trade Building or Cetra Building, four floor.

Xu Tongyu, who has been selling clothes for 19 years in the commercial city, is a wholesale merchant of International Trade Building or Cetra Building. But this year, she concentrated her business on domestic products.

Xu Tongyu said that this year's domestic sales

The average profit can reach about 10%, but the average profit of foreign trade clothing wholesale has dropped to more than 10% from last year's 5%-7%, which is the biggest reason why she turned to domestic sales this year.

Not only for women's clothing, but also the proportion of foreign trade goods of Guangzhou's brand menswear general agent in Xinjiang this year has been reduced by more than half compared with last year, while domestic sales increased from 1/3 to 2/3 last year.

International Trade Building or Cetra Building sells in China

Shang Hongjie and Xu Tong Yu had the same choice.

Shang Hongjie said that the current contraction of foreign trade is right.

The impact of Xinjiang's domestic market is much more valued by garment manufacturers. This is a good time to open up the domestic market.

The pformation of foreign trade dealers has also led to the overall change of women's clothing on the four floor of International Trade Building or Cetra Building.

Li Mingrui, deputy chief economist and business city manager of Xinjiang International Trade City Co., Ltd., told reporters that from this year's "May 1", the women's clothing on the four floor of International Trade Building or Cetra Building, commercial city, was rebuilt and upgraded, and nearly 50 brands of women's clothing from Guangzhou and Hangzhou gathered here.

In Li Mingrui's view, the pformation of Commerce and trade from a wholesale distribution center to a commercial city with a large number of domestic brands is largely impeded by the export market of clothing, and the overall environment for foreign trade dealers to attack the domestic market is due to the fact that the business environment is changing.

Since the beginning of this year, many foreign trade dealers have no longer issued foreign trade orders, but have turned to favor domestic brands and varieties.

According to the statistics of Urumqi customs, the export of textiles and garments at Xinjiang port in the first quarter of this year amounted to 1 billion 190 million US dollars, down 13.9% from the same period last year.

Among them, the export garments and accessories were reduced by 26.1% from 710 million US dollars, and the export of textile yarns, fabrics and articles increased by US $480 million, an increase of 14.5%.

According to the analysis, the decline of textile and clothing exports at Xinjiang port in the first quarter of this year was mainly due to the continuous escalation of the European debt crisis, the instability and uncertainty of the world economic recovery, and the decrease of international market demand, which restricted the demand of the international market for China's textile and clothing products.

In addition, due to the policy of collecting and storing the domestic cotton prices, the internal and external prices of cotton have increased rapidly, and the ability of domestic textile enterprises to use high priced cotton has declined.

It is understood that this year, cotton prices remain at around 19500 yuan / ton, 3000 yuan / ton higher than imported cotton prices, which not only increased the burden of cotton spinning enterprises, but also reduced the competitive advantage of the textile industry in the international market.

At the same time, domestic labor costs rise, energy prices go up, and financing difficulties and financing costs increase, which constantly test the affordability of textile enterprises.

However, the responsible person of the Commerce Department of the autonomous region said that with China's textile and garment industry stepping into the stage of structural adjustment and pformation and upgrading, with the support of the state's policy of reducing foreign trade enterprises' tax burden and increasing financial support, the textile and garment export downturn will be bright.