Economic Fluctuations Accelerate Shuishi Textile Industry Reshuffle

With the closing ceremony of the thirteenth cross-strait textile and Clothing Fair in Fujian, the embryonic form of the hourly economic circle of the textile industry has gradually emerged.

Recently, with the help of local industry associations and asset appraisal agencies, Ou Ruizong, chairman of the KIO family Clothing Co., Ltd., a leading company in Shishi leisure and trousers industry, was sitting with 3 local small and medium casual trousers manufacturers. After consultations, an agreement was reached: the 3 small and medium-sized enterprises merged into all the KIO families with all the assets of machines, factories, land and so on.

"Since May this year, the textile and garment industry is facing the turning point of the performance under the premise that the cost of all kinds of production factors is pushed up. Many small and medium-sized enterprises in the region are overwhelmed and eager to find a new way out.

In contrast, Koh family company has sufficient orders and high unit price. The 3 companies have become shareholders after the merger and merger, and effectively avoid the risk of bankruptcy.

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"China made news" reporter learned that this year, Shishi textile and garment industry in Fujian, such as Kai European family, such mergers and reorganization cases are increasing significantly.

There are indications that the international

In less than two years, the output value of Fujian Shishi's textile and garment industry has increased by 10 percentage points.

This is almost impossible under normal economic conditions.

Fujian Shishi Bureau of statistics Wu Shuntai believes that it is precisely because of the financial turmoil brought about by the international financial turmoil, especially the cost of raw materials such as cotton and chemical fiber, that the whole industry has gone through a big exam. Some of the small and medium enterprises with weak compression capacity have been out of sight under this "crowding out effect".

According to reports, under the pressure of survival, some small and medium-sized textile and garment manufacturing enterprises in Shishi have withdrawn from the manufacturing industry in the form of merger, reorganization, elimination or pformation.

A former owner of a suit in Shishi, Chiang Jiang Town, who is now engaged in the clothing trade business in Shishi Garment City, told reporters that the small and medium-sized production enterprises are becoming more and more difficult to survive in Shishi, and they are facing more and more pressure in recruitment, financing and sales.

And large enterprises above scale show another trend.

Lin Jinchang, deputy director of Shishi Economic Bureau, told the author that before and after the international financial turmoil, the brands and leading enterprises of Shi Shi, rich birds, Pengcheng and so on, seized the opportunity of low production factor and low cost in the economic downturn, and expanded their capacity and attacked the city.

In the first half of this year, 85% of the textile and garment enterprises ranked the top 50 in Shishi's industrial output value expanded more than 30% over the same period last year.

"After the international financial crisis, the cost of land, machinery, labor and so on has been greatly reduced. We have expanded our strength, played a scale effect and effectively occupied the market."

Pengcheng Industrial Company Chairman Wu Xinmin told reporters.

When it comes to the departmental SME's exit, Lin Jin Chang believes that it is not necessarily a bad thing.

In fact, the current situation of Shishi textile and garment manufacturing industry is consistent with the target of "strong and constant strength" caused by the market, and Shishi's goal of encouraging enterprises above Designated Size to become bigger and stronger.

"Cultivating leading manufacturing enterprises, reversing the situation of" full sky star "in the past, forming scale effect and cluster effect, and guiding the investment of small and medium-sized enterprises in the fields of R & D and design, and extending the industrial chain, this is the path for the Shishi textile and garment industry to adjust and optimize the industrial structure and change the way of development. It is also an important starting point for Shishi to implement the" five major campaigns "in the second half of this year.

Lin Jin Chang said.

The reporter learned that, because the World Expo Asian Games in Shanghai and the opening of the Guangzhou Asian Games will also bring a fire to the Shishi cloth industry in Fujian.

Because of the World Expo and Asian Games, Jiangsu and Zhejiang provinces around Shanghai and Guangdong have restricted the production of dyeing and finishing industry. Most of the knitted and chemical fabric orders in these areas have shifted to the Shishi area of Minnan.