April 17, 2024

Shandong: Major provinces of textiles encounter “short board” of clothing

Shandong's textile and garment industry ranks second in the country in terms of overall production capacity, of which cotton textile ranks first in the country. However, Shandong's garment industry lags behind. There are only a few well-known apparel brands. At the “12th Five-Year Plan” industrial upgrading and development summit forum held on the 23rd, industry experts and entrepreneurs stated that during the “Twelfth Five-Year Plan” period, the Shandong garment industry should break the silence and create a national and even a worldwide reputation. Clothing brand.

Garment "short board" in major textile provinces

Shandong is a major province of the textile and garment industry with more than 2 million employees. The yarn and cloth production ranks first in the same industry in China, the worsted yarn ranks second, printing and dyeing, and woolen fabric ranks third, and clothing and chemical fiber rank fourth. . Weiqiao Group is not only the largest cotton textile enterprise in China, but also the largest in the world.

However, the shiny numbers do not cover the "shortcomings" of Shandong's garment industry.

According to Xia Zhilin, chairman of the Shandong Textile Industry Association, as a major province of textiles, the development of the garment industry in Shandong is lagging behind. No matter whether it is from the growth of the number of enterprises above designated size, or from the growth rate of profits, taxes, profits, and export earnings, it will lag behind textile enterprises.

Gu Qingliang, a professor at the School of Management of Donghua University, said that the apparel market demand is developing at both ends, and Shandong is still in the low-end market, but the high-end market with the largest profit margin is lagging behind. “Knowing that China’s luxury goods consumption is developing at a high speed, Two years later, it is expected to become the world's largest luxury consumer market."

Xia Zhilin stated that many apparel companies in Shandong are still satisfied with earning low processing fees. As everyone knows, you have earned a processing fee of US$20, and the product will sell hundreds or even thousands of US dollars in the hands of others. “This has also caused scale. The number of garment enterprises above is increasing and the output is increasing, but the profits have not increased synchronously."

During the "Twelfth Five-Year Plan" period, China must revitalize domestic demand, which is worthy of consideration by Shandong garment enterprises. Xia Zhilin believes that Shandong garment enterprises should focus on branding, change the status quo of the less-known brands, and increase the profitability of unit price products. "Maybe someone would say that it is simple to export, the risk is small, the domestic trade to play brand, and often faced with the dealer presses the money and other issues, the risk is high, but there are high risks and high returns." Xia Zhilin said.

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