Zhongshan, Guangdong: Clothing Exports Amounted To US $2 Billion This Year.

Yesterday, reporters from Zhongshan inspection and Quarantine Bureau was informed that this year Zhongshan garment export Recovery is on the rise. As of the end of November, Zhongshan exported garments altogether. value 1 billion 989 million US dollars, an increase of 16.8% over the same period last year.

　　 Enterprises enter the mainland with short bills

According to the person in charge of the inspection and Quarantine Bureau, as of the end of November, the total number of garments exported to Zhongshan was 62601 batches, 918 million pieces (pieces, sets), and the value of goods was 1 billion 989 million US dollars, up 10.8%, 24%, 16.8%, respectively.

It is also known that there are nearly 700 export garment enterprises in Zhongshan, among which, the annual export volume is more than 50 million U. S. dollars or more; 36 are over 10 million dollars; 1 million ~1000 million are about 250, and the annual export volume is less than 1 million U. s.dollars, accounting for more than half of the total number of enterprises, and small and medium-sized enterprises still occupy the dominant position.

Although Zhongshan's clothing industry has been out of the shadow of the financial crisis and exports rebounded this year, many garment enterprises have reservations about next year's exports. Mr. Liao, head of a large Hong Kong Children's clothing factory in ban Fu town, said that although the overall garment export volume has been out of the shadow of the financial crisis this year, the order of the factory has been greatly affected by the depreciation of the US dollar in the second half of the year. "The depreciation of the US dollar plus the increase in labor costs and raw material prices has led to an increase of over 20% in the total cost of our plant this year."

Wang Yuxiang, director of the Zhongshan textile inspection and Quarantine Bureau, said that it was common for clothing companies to receive long bills in the past. However, most of the enterprises in the second half of this year focused on short bills to avoid exchange rate risks.

It is understood that in response to the rising cost of the dollar exchange rate, some enterprises have begun to specialize in the mainland market. The head of a large jeans factory in the triangle town said, "our factory has always been exporting mainly to foreign trade, but since the second half of the year, we have not yet taken orders from Europe and the United States, and now we have all turned to the mainland market."