Pinghu's Garment Industry Is Waiting For Spring.

Recently, thousands of sewing machines were spinning rapidly and thousands of workers were busy working in the workshop of Pinghu Huacheng Clothing Co., Ltd., which is in sharp contrast to the current situation of many enterprises' sluggish production.

Staff told reporters that as the current enterprise orders have been discharged into May next year, so we should take advantage of the end of the year to speed up production progress, to ensure that the next year's output increase.

Recently, like most of the clothing companies in China, most of the clothing companies in Pinghu had experienced the "economic cold winter" of orders which had been reduced for some time.

He learned from the Pinghu Municipal Economic and trade bureau that in the first half of this year, because of the influence of RMB appreciation and the reduction of export tax rebate rate, the profits of garment enterprises in Pinghu were reduced. In addition, foreign brand enterprises were very reluctant to place orders in the wake of the financial crisis.

However, from the data of garment enterprises provided by the economic and Trade Bureau at present, after October this year, the output value of clothing enterprises turned upward, and the number of them increased, with a two digit increase.

Moreover, most of the clothing companies in the city have already finalized orders for the first quarter of next year, and the situation has improved.

Pinghu clothing industry stakeholders told reporters that Pinghu garment enterprises experienced a tightening process from the first half to the current rapid recovery process, which also indicates that Pinghu clothing has temporarily crossed the cold winter, ushered in a new round of development in the spring.

The prophet of warm spring duck.

The arrival of Pinghu clothing enterprises foresee the spring machine mainly from the implementation of a series of favorable policies.

In August and October this year, the export tax rebate rate was raised two times. The implementation of these policies optimized the environment for the survival and development of garment enterprises at once.

According to the calculation of the municipal tax bureau, the two tax rate adjustment is expected to increase the garment export enterprises in Pinghu by 50 million yuan in 2008.

With the increase of the export tax rebate rate, the RMB has also ended its 3 year appreciation trend recently, which has brought "depreciation dividends" to enterprises.

Many business owners have said that in the first half of this year, many enterprises stopped production because of low profits. However, successive favorable policies have added confidence to the development of enterprises, and many enterprises have started to expand their customers and undertake orders.

"We have confidence, but we must rely on strong development strength."

Fei Yonghua, executive vice president of the apparel industry association, said that Pinghu clothing enterprises can react quickly in a short period of time.

150 thousand high-quality industrial workers, a number of business executives and experienced foreign trade salesmen have provided strong backing for Pinghu's garment industry in this financial crisis.

Jiaxing Wei Yi Na Garment Co., Ltd. has obtained the processing list in the first quarter of next year by relying on the high quality processing technology. The Huacheng song road boss has directly worked with a number of foreign customers who are taking the high quality and low price route to reduce the loss of profit in the intermediate links; Yuet Chun sweater Clothing Co., Ltd., through independent licensing, has found the entry point in the foreign market, keeping the two digit growth rate of output value.

The early arrival of Pinghu's clothing machinery also came from the rapid pformation of the financial crisis.

Since the beginning of this year, a group of small family enterprises with backward production capacity, improper management methods and large risks have been reorganized or withdrawn from the market.

Fei Yonghua said that the elimination of these backward productive forces also accelerated the development and pformation of Pinghu's entire garment team.

Yang Jing: editor in charge