Himfr.com reports Wenzhou clothing industry advancing the center of the financial crisis

Wenzhou garment exports to the EU anti-rebate into the brave advance the center of the financial crisis. Wenzhou, according to the latest Customs statistics, in the first in August, the city clothing exports to the EU 396 million U.S. dollars, up 43.45%, accounting for the same period 44.8% of garment exports in Wenzhou.

This year, in terms of policy support and strong foreign demand, the combined effect of gradual recovery, the city's garment industry, the first breakthrough, the export situation to improve gradually. In addition to the value of garment exports in February were down there, the remaining months were up year on year. Wenzhou, according to the latest Customs statistics, in August this year, before the city's garment exports 884 million U.S. dollars, up 7.05%, mainly exports to the EU, Switzerland, Croatia, United Arab Emirates, the United States.

Based on past experience, garment production for export will continue into the season, at least the end of October, I believe that in the fourth quarter, there will be more clear-cut data appear warmer. "However, exports to the EU market for the first rebound achieved, which in part," to stock "after" fill inventory "the result of external demand is also does not adequately reflect the market trend warmer. Last year's fourth quarter and early this year, financial crisis, market sentiment has caused considerable panic, traders have sharply reduced inventory, resulting in a substantial decline in Wenzhou clothing orders. Today, the financial crisis weakened the EU traders began covering the inventory.

In fact, Wenzhou clothing really hope that the major economies as a whole as soon as possible improvement in consumer confidence early recovery, but also a process. Wenzhou customs sources said that at present, the European Union, Japan, the United States and other developed economies, rising unemployment, reduced household spending on apparel demand continues still on weakness. On the other hand, with the rise of trade protectionism, making textile and clothing exports face trade frictions become more serious.

 Governments to support and protect domestic industries by improving the safety, health, environmental standards and to take anti-dumping, countervailing measures, to build barriers to trade, while the city's excessive reliance on the EU market clothing exports, could easily become the focus of trade barriers against foreign targets.

To this end, the layout of multi-market, opening up new markets and become the export garment industry in Wenzhou bypassing the trade friction, to find new and effective attempt to export growth.