subject: The Face Of U.s. "safeguard" Stick To How Far Zhejiang Socks - China Sodium [print this page] Small pair of socks affects the nerves of many enterprises of Zhejiang socks. Textile quota-free era to usher in the export enterprises of our province socks spring, but the United States raised high in the "special protection" to make it stick it cast a shadow. This reporter has learned, the U.S. imposed "safeguard" of two months, Zhejiang sock exports to the U.S. still maintained a high growth, but many people have a question mark, such "bargains" on the way to go how far?
U.S. "safeguard" the big stick to pound Zhejiang enterprises
January 1, 2005, ushered in the global textile quota-free era. Previously, socks Zhejiang enterprises in a number of export quotas to be abolished are greatly encouraged when the new trade protection policy in the textile industry began to spread, to bring bursts of enterprises of Zhejiang Socks chill. First of all, the Chinese textile American "invasion" to its textile industry can not survive in the ground, that "special protection." On October 29 last year, the U.S. government officially implemented on some Chinese imports of socks quantitative restrictions, limiting the amount of 42,433,990 dozen pairs of (about 510 million pairs), set the deadline for 1 year.
Although this limitation has not revealed effect, but the export is bound to blow Zhejiang socks. Socks is the traditional export commodities in Zhejiang Province. In 2004, Zhejiang Province exported 2.59 billion pairs of socks, worth 620 million U.S. dollars, volume and value of total exports of the same period was 52.9% and socks 50.4%. The United States is an important city in our province exports socks often in 2004, Zhejiang's export 500 million pairs of socks, worth 150 million U.S. dollars, accounting for the same period exports of Zhejiang Province, socks and 24.2%, 19.3%.
A "cut prices" signs
U.S. restrictions have been in the past two months, limiting the past two months, Zhejiang sock exports to the U.S. still maintained a high growth. But this is not to be happy, there are indications that some of the competition for U.S. sock imports safeguard their market share, many enterprises of Zhejiang socks have been scrambling to reveal their "bargains" trump card.
Relevant data from Hangzhou Customs revealed that in November and December last year, is the scope of the sock safeguard the United States exported 100 million pairs of our province more than 2-fold increase over the same period last year, accounting for U.S. restrictions on the number of I 19.6% ; worth 29.45 million U.S. dollars, up by 1.9 times.
However, it is noteworthy that our province's average price of exports to the U.S. sock trend is downward, in which synthetic fiber system, a pair of socks 0.28 U.S. dollars, down 2.1% the previous year; cotton, and other pair of socks and 0.52 U.S. dollars, down 19.6 %.
Zhejiang enterprises, according to a famous person in charge of said sock, special safeguard measures in the U.S. pressure, to seize the opportunities to "eat" a valuable market share, some socks, Zhejiang enterprises adopted the "markdowns" strategy, the U.S. special quantity Competition Paul shares after the restrictions are expected in June this year, exports to the U.S. before the Zhejiang socks will be the peak.
Quick success not a long-
Herd phenomenon, markdowns, fighting for exports, some socks enterprises such quick success of the signs appeared, has attracted the industry's concerns. Zhejiang Hangzhou Customs socks enterprises concerned to remind the face of U.S. restrictive measures, while enterprises should not rush into mass action blind export, to avoid more trade friction; the other hand, the relevant departments should publish our exports to the U.S. in time limits the number of socks to facilitate enterprise restructuring, export strategy, calmly.
Datang town, Zhuji City, some socks manufacturers that since the U.S. quota restrictions on exports of socks I still only "50% cotton composition and above" the product, so you can produce more than 50% of cotton sectors in the synthesis of fiber products, while also expanding the European Union, the Middle East, Japan and other markets, reducing dependence on the U.S. market.
Experts believe that in Zhejiang Socks, the most important thing is to solve the blind investment, export disorder problems. Zhejiang Socks eventually leave the capital, and technology-intensive way, to go the road of brand management. This is the Chinese textile industry in the "post-quota era" development goal and Zhejiang Socks the only way to cope with various challenges. Socks should not be the total number of Zhejiang growth by expanding market share, and to increase the original technology and brand adoption and rapid response mechanisms to adapt to the world market.
