Affected By The European Debt Crisis, Orders For Garment Enterprises In Guangdong Declined In The First Quarter.

"Our export volume increased by 10% in the first quarter of this year, but the order volume has dropped by about 30%, so we can see if we can recover it in the two quarter." Guangdong Silk Textile Group's Guangdong silk international group responsible person recently said at the Canton Fair, the first quarter of the decline in orders is already Textile and garment industry A common phenomenon.

Clothing enterprises in Guangdong

"The European market has been severely affected by the European debt crisis, and the US economy has not improved. Considering the cost problem, the European and American list has been transferred to Bangladesh, Thailand, Vietnam and Kampuchea." According to the introduction, the average wage of Guangdong textile and garment factories is around 4000 yuan, while in some areas above, the salary is only 400 yuan. "We raise wages for workers every year, at least around 20%, and some even doubled."

Clothing enterprises in Guangdong

Due to the impact of labor costs and labor shortage, Europe and the United States are rapidly losing their list. "Because our factory is difficult to recruit workers, a factory is usually in the scale of dozens of people to hundreds of people, and in Bangladesh, the number of large factories can reach 100 thousand. Limited capacity, we do not dare to pick up the list. According to the introduction, there were hundreds of thousands of pieces and millions of pieces in Europe and America before. Now there are only a few thousand pieces. This order increases the production cost of an enterprise.

The rise in costs has brought about Textile and clothing The decline in profits. Guangdong textile The import and export Limited by Share Ltd has also taken several booths in the Canton Fair. One booth responsible for making suits said that although the first quarter was unchanged from last year, the profit fell by three or four percentage points.