The Increase In Consumption Tax Has Led To Great Impact On Jimo's Clothing Exports.

21, the reporter learned from the Jimo Municipal Bureau of commerce that Jimo's clothing export volume decreased by 1.1% in the first 11 months of 2014. According to the introduction, Jimo's exports to Japan accounted for 60% to 70% of the total export volume, and Japan increased its consumption tax, making Jimo a total of 40% of its total export volume. clothing Exports have been greatly affected.

According to introduction, Jimo City From 2014 to November, the total export volume of clothing was 1 billion 250 million 270 thousand US dollars, down 1.1% from the same period last year. "Mainly related to Japan's increase in consumption tax." Liu Qiaoling, director of the foreign trade section of Jimo Commerce Bureau, said that every year, Jimo Exit Japanese clothing accounted for 60% to 70% of the total export volume. In April 2014, Japan's domestic consumption tax rose from 5% to 8%. Japanese customers asked suppliers to lower the price of product supply, resulting in lower profits of domestic garment manufacturers' textile and apparel products for Japanese exports, which eventually led to a decline in clothing exports.

"Since the spring of 2014, we have not received orders from Japan, and now we mainly focus on domestic processing." The head of a garment company in Jimo said that Japanese orders were almost unprofitable, and the order volume was often small, affecting the production line. "A few days ago, there was a Japanese order, although the price was ok, but the quantity was too small, only more than 2000 clothes." The official said that because of the small number of factors affecting production efficiency, they would not accept. It is understood that due to the reduction of orders, the company had to lay off workers. In November last year, there were more than 80 workers, and now there are only more than 50 people left.

Clothing companies also believe that the reduction of export orders and the appreciation of the RMB in the earlier period and the weakening of the international market economy environment, "the pressure of inventory on foreign customers is very large now, and many customers dare not place too much orders." Cui Ning, manager of the business department of Qingdao Huarui Textile Group, said that the factory not only received fewer orders, but also reduced the production volume of each order by about half. Cui Ning said that the continued appreciation of the RMB last year is not conducive to export enterprises. In addition, due to the increase in domestic labor costs, many foreign customers have begun to shift to India, Vietnam, Bangladesh and other Southeast Asian countries.

Related links:

With the overall downturn of the main industry, financial investment has become the mainstream strategy of many textile and garment enterprises. Although the capital market has never been short of "big play", many listed companies in recent textile and garment sectors have been playing financial investment. Under the influence of the example of YOUNGOR and Shanshan, in recent years, the United States, costumes, Rand, Kaiser, Kai Ruide, Jiaxin silk, seven wolves, jiulu Wang and Haining leather city have been accelerating the transformation and upgrading of the main industry and upgrading their core competitiveness. They have adjusted the development strategy, and cross border finance to find diversified investment opportunities and seek new breakthroughs in performance growth.

From the end of 2013 to the first half of 2014, Langer shares announced its participation in the first bank jointly constructed by 9 companies, namely, the founding group of the river and the Beijing Oriental Yuhong waterproofing company. 2014 in November 14th, the US state clothing announced that the company intends to work with Shanghai Jun Yao group as the main sponsor to set up Shanghai's first private bank, Huarui bank. In the second half of 2013, Kaiser shares invested 30 million yuan in Tianjin Binlian microfinance company, accounting for 10% of the registered capital. In November 2014, seven wolf announced recently invested 300 million yuan to set up the consumer industry fund.

In November 20, 2014, Jiaxin silk announced the signing of the "Zhejiang paradise Silicon Valley silver venture investment partnership (limited partnership) partnership subscription agreement" with the Silicon Valley of heaven in Zhejiang. The company subscribed to Silicon Valley for 30 million yuan as the partner of the executive partner of the fund partnership, and targeted investment in the capital securities to increase its capital stock. On the whole, there are 5 innovative means of financial investment in the industry. One is to explore the establishment of private banks, the two is to set up small loan companies, the three is to set up professional investment companies or fund companies, four is to invest in shares, and the five is to get involved in the hottest Internet Finance and enter P2P, such as Haining city.