Look at China's garment enterprises from Cambodian garment export

It is an indisputable fact that the labor-intensive industries such as textiles and garments have shifted to neighboring countries in Southeast Asia. The advantage of Southeast Asian countries lies in the fact that the price of labor is as low as US$ 45 or US$ per person per month, but the labor price in the Chinese textile and garment manufacturing industry About 3,000 have risen, and even wages in the coastal provinces around 3,000 have failed to recruit workers. At the same time, the survey report from the British recruitment organization Hays showed that the sharp increase in China’s labor force’s salary has made Bangladesh, Vietnam, Sri Lanka and India, which were originally in the same context of rising raw material prices, more attractive. This survey result is even more illustrative of the fact that rising labor prices in China are the best evidence for the important reason why textile and garment manufacturing industry wants to shift to Southeast Asia.

At the same time, there is also an important influencing factor: whether the exchange rate remains stable. If the appreciation of the exchange rate exceeds 2%, then it is a nightmare for foreign trade companies, because then Chinese foreign trade companies will only have to "lose their profits." Drink it." In fact, the profit margins of foreign trade companies are now very thin, and they cannot be further pressured by the appreciation of the exchange rate. Therefore, foreign trade companies strongly call for maintaining the stability of the exchange rate.

For Southeast Asian countries, to take Bangladesh, in early September this year, the Indian government announced that it will exempt 46 tariffs on textiles imported from Bangladesh. For Bangladeshi apparel exporters, Bangladeshi textiles can enter the Indian market with a more significant price advantage, and garments imported from Bangladesh are 20% cheaper than clothing produced in India. Within one month of the implementation of the policy, Bangladeshi exporters received orders totaling 90 million U.S. dollars for garments from India. The total amount of orders for the month is equivalent to Bangladesh’s apparel exports to India in the first quarter of the previous fiscal year (2011-2012). Bangladesh has adopted preferential policies with its trading partners to promote textile exports. Bangladesh has become the biggest beneficiary in the implementation of this market strategy.

According to the latest statistics reported by Cambodian media, Cambodia’s total exports increased by more than 10% in 2012 from the previous year.

Among them, the total export of clothing and textiles increased by 9% to 4.6 billion US dollars. The country’s traditional agricultural and sideline products have experienced a slight decline in exports. A spokesman for Cambodia’s Ministry of Commerce, kong putheara, believes that the economic situation does have a certain impact on Cambodia’s overall exports, but the demand for Cambodian clothing in the international market remains strong. "Even if the economic situation is not good, people obviously have not reduced the purchase of clothing produced in Cambodia."

The status of the Chinese market:

In recent years, multinational corporations have withdrawn their businesses from China, moved back to their home countries or moved to Southeast Asia and Africa. Faced with this trend, the only thing that can be done in China's clothing, footwear, and hat industry is to upgrade “Made in China” to “China's IntelliSense”. Take the road of innovation, use innovation to change the current situation, and use innovation to increase the added value of products. The clothing, footwear, and hat industry must change from the previous intensive manufacturing industry to a creative and innovative company, only through continuous improvement of independent brands. To establish and improve, to use the new ideas of brand culture to open up the market, will have a way out.