China'S Garment Enterprises "Go Out" To Realize Their Pformation

< p > high production cost and low operating profit, forcing our country's a href= "//www.sjfzxm.com/" target= "_blank" > clothing < /a > enterprises to accelerate the pace of "going out".

Overseas factories and overseas mergers and acquisitions have become an effective way for garment enterprises to "go out" successfully.

According to the insiders, the overseas development of garment enterprises should comprehensively assess overseas investment risks according to the actual needs of enterprises, and use foreign advanced technology, management experience and market resources to find new economic growth points for enterprises.

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< p > strong > overseas factories: the way to reduce production costs < /strong > /p >

< p > to reduce production costs and increase operating profits, our country's "a href=" //www.sjfzxm.com/ "target=" _blank "textile" /a "enterprises have launched factories overseas.

In October 2013, Dalian Junming clothing started planning to set up factories in Southeast Vietnam's Vietnam, Burma and other places.

Liu Jun, chairman of Dalian Junming clothing, said that the cost of employment and land in Southeast Asia is much cheaper than that in China.

Vietnam's local clothing industry front-line workers, the average wage is only 200 dollars per month, even the highest wage of Hu Zhiming City, the average monthly salary is only about 250 dollars.

In Burma, the average wage of the front line workers in clothing factories is lower, about 100~120 dollars per month, which is only 1/4 of that of Dalian factories.

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< p > to set up factories in Southeast Asia is not only a company of Dalian Junming clothing company, but also has established a production enterprise in Kampuchea by changing the 91% equity of Kampuchea Xin Wang Knitting Co., Ltd. and adding capital to the company, and renamed it "Zhong Yin textile limited liability company", which mainly produces, processes and trades cashmere and other kinds of textile garments. At the same time, it takes the subsidiary company as the main body to invest in the production of 2 million multi component special fiber knitted http://www.qfc.cn/search/products-c-672-k--p1.html production lines annually.

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< p > the responsible person of Dalian Garment Industry Association said that at present, the pfer of orders or factories to Southeast Asia has already been considered by many domestic garment enterprises.

Low wages, low land prices and low export tax rates are the main reasons for Southeast Asian countries to attract domestic garment enterprises.

For example, in Bangladesh, the rental cost of the plant in the country is only 1/5 of that in China, while the clothing products produced in Kampuchea enjoy preferential treatment for the duty-free export to the EU.

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< p > strong > overseas M & A: ways to achieve pformation and upgrading: < /strong > /p >

< p > in recent years, the price of domestic raw materials has been increasing.

In order to break through the bottleneck of production, domestic garment enterprises begin to build a new competitive advantage of textile industry through international layout.

It is understood that in 2010, Zhejiang's Limited by Share Ltd launched overseas mergers and acquisitions in Canada to ease the limitations of domestic resources.

"Before our merger, the business performance of new city was not satisfactory, and several years before the merger, it was in a state of deficit.

To this end, after the completion of the M & A, we have adjusted its resources integration and operation management.

After technical pformation, the annual production capacity can reach 200 thousand tons.

Now, more than half of the new pulp produced by our company has been matched by ourselves, playing a positive role in stabilizing the supply of dissolving pulp.

Qian Mei Mei, vice president of the group, said.

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< p > it is understood that before the acquisition, the company fully inspected the local environment. Canada's political and social environment was stable, and its economic development was good. Its natural resources were abundant, its geographical environment was superior, its pportation was convenient, and the government's efficiency was high, and its hidden cost was very low.

In addition, overseas acquisitions of enterprises must be supported by relevant government departments, financial departments, trade associations and financial institutions at all levels, and create conditions for overseas acquisitions by means of state policies and financing support.

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< p > Qian Juemei believes that the "going out" of domestic enterprises must have a foothold, with resource protection and market backing.

Especially for overseas high-quality resource oriented enterprises, direct acquisition is an effective way for enterprises to extend their industrial chains and achieve pformation and upgrading.

We can share foreign abundant natural resources, advanced technology, management experience and market resources, find new economic growth points for enterprises, expand wider fields of development, and at the same time help train and train talents.

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< p > in addition, textile enterprises should fully assess overseas investment risks according to the actual needs of enterprises.

We must seize the opportunity, seize the opportunity and find a good project.

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