2014 Textile And Garment Exports Face Challenges

< p > China's foreign trade situation report released in 2013 in the Ministry of Commerce held that the foundation of China's foreign trade recovery was not stable in 2014, and the situation is still complex and severe, and it still faces pressure and challenges. < /p >
< p > the report finds that international market demand is generally weak. The developed countries speed up the "a href=" http://sjfzxm.com/news/index_s.asp "economy < /a > rebalancing", and its economic recovery is accompanied by the reduction of trade deficit, weak import growth and weakening of the pulling effect of global imports, leading to the difficulty of consolidating the developed market in China. < /p >
< p > the Ministry of Commerce's survey of more than 1900 key foreign trade enterprises in China showed that the export orders of enterprises in the near future have been revived again in recent years. < /p >
< p > the cost of labor and other elements in China has continued to rise. Since 2013, 24 regions have raised the minimum wage standard, the average increase has reached 18%, and the average monthly income of migrant laborers has increased by 13% over the same period last year. This led to a further decline in export competitiveness of labour intensive products, some export orders were lost and some capacity was transferred to neighboring countries. < a target= "_blank" href= "//www.sjfzxm.com/" > textile > /a > products, < a target= "_blank" href= "//www.sjfzxm.com/" > clothing > _blank > labor intensive products exported to Europe and America at low speed, and market share continued to decline. In the first 8 months of 2013, China's seven categories of labor-intensive products increased 4% and 5.1% of exports to the US and EU respectively, and 0.6% of exports to Japan, all lower than the overall export growth rate. < /p >
< p > China's labor-intensive products account for 46.8% of the US market share, down 0.7 percentage points from the same period in 2012. It has declined for 3 consecutive years, accounting for 66.4% of Japan's market share and 1.7 percentage points, accounting for 42.4% of the EU market share (January ~6 months), down 1.9 percentage points. At the same time, ASEAN and other developing countries export competitive advantage of labor-intensive products are gradually increasing, and they are squeezing the market share of Chinese products. Since 2013, the market share of labor intensive products in ASEAN has increased by 0.8, 1.6 and 0.2 percentage points respectively. < /p >
< p > the export of new strategic industries such as new energy and emerging information technology in China has increased rapidly, but some industries are not strong in core competitiveness, the key technologies are being controlled by others, and the ability of sustainable development is not strong. < /p >
< p > under the background of international a href= "http://sjfzxm.com/news/index_s.asp" > trade < /a > protectionism, trade friction against Chinese products is increasing. In the first three quarters of 2013, 17 countries (regions) launched 63 relief surveys on China's export products, an increase of 10.5% over the same period last year. The United States initiated 337 intellectual property rights investigations on China's electronics, communications and machinery exports, accounting for 15 of the total number of 1/4 cases registered in the same period, involving large leading enterprises in many strategic emerging industries in China. < /p >
< p > the report thinks that as China's production factor costs continue to rise, the traditional comparative advantage is weakened, and the "accession to the WTO dividend" tends to fade, even if the international market demand is improved, the situation of China's foreign trade in 2014 is also grim. < /p >
< p > report also pointed out that in recent years, the state has promulgated a series of policies and measures to promote the development of foreign trade, and the level of trade facilitation has been constantly improving. New trade modes such as cross-border e-commerce have been developing rapidly. Many enterprises have taken the initiative to transform and upgrade, and exports still have strong competitive advantages. Therefore, China's foreign trade will remain stable in 2014. < /p >