With the past few years, China's manufacturing orders outflow of news is rampant is different, and now some foreign brands have found China's manufacturing industry, "good."
According to the Nikkei Chinese network reported that the Japanese UNIQLO brother brand GU will add the clothing orders in China production. Although the current GU put most of the production business in the lower-paid emerging market countries, but in the future will be closer to the consumption of Japan's China to increase production, build 30 days to market the system. Although the Japanese garment enterprises have been promoting the production of "to China", but in other countries led to the production of extended delivery, inventory and other side effects are becoming increasingly evident.
The market attracts order backflow
According to the Japan Textile Importers Association statistics, according to the amount of calculation, in 2016 Japan's imports of Chinese clothing manufacturing ratio fell to 65% in five years, down 16 percentage points. At the same time, Southeast Asia grew by more than 10 percentage points to 23%.
There are estimates that China's labor costs are twice that of Vietnam and four times that of Bangladesh. But for the GU, in China from the order to the goods on the shelf time than in Southeast Asia production to 1 to 2 weeks to avoid the season out of stock, increase sales is clearly more important, it can also reduce the inventory too much have to cut prices The status of the promotion.
Now, GU will be the beginning of the season before the production is still in Bangladesh and other places, the season's additional orders are placed in China production. But this strategy is experienced after suffering from the experience. GU soon transferred production to Southeast Asian countries to provide cheaper goods than UNIQLO. In the four years ended June 2016 (August 2016), GU's sales grew more than threefold. However, in the 2017 fiscal year, the profitability of the GU was deteriorated due to the busy inventory response.
Large-scale casual wear stripeInternational enterprises will also be reduced to about 70% of China's production ratio back to more than 80%, hoping to build compared with Southeast Asia, the shortest time to about 1/3 of the goods distribution to the store system. In the future, due to changes in the production system, re-attach importance to the Chinese manufacturing industry in Japan or will increase.
Nankai University, Japan Research Institute guest researcher Liu Yun in an interview with the International Business Daily reporter said that garment production as a light industry has several important indicators need to be considered. First, the labor costs, which is one of the important indicators of labor-intensive industries; Second, trade tariffs, which involves a variety of bilateral and multilateral FTA and FTA agreed, as well as origin Rules; third, transportation costs. The closer the distance between the production site and the sales market is, the more cost savings. Branders need to balance these three aspects.
Ministry of Commerce Institute of International Market Research Institute deputy director, researcher Bai Ming in an interview with the International Business Daily reporter pointed out that China's manufacturing industry is showing the role of the industry chain changes, that is, from the low-end to the high-end, custom model Transformation, while the latter's technical content and design content is higher, to meet customer needs on the faster response. "After a lot of manufacturing orders from China to the Southeast Asian countries, such as Bangladesh, Cambodia, such as labor-rich countries.However, in the outflow after the upsurge of calm, many companies found that the local manufacturing industry there are many problems, There is a clear shortage of orders or a high degree of labor complexity of the order there is a clear shortage. "Bai Ming that" there are also have to come, "although there are some low-end manufacturing orders from China, but the added value of China's manufacturing sector In the continuous improvement.
China's manufacturing industry has an advantage
"GU example of the main embodiment of the attractiveness of the Chinese market, which formed a return to the order is only part of the overall trend from the point of view, and Europe and the United States signed a free trade agreement or enjoy the MFN countries still have a great tariff advantage. Liu Yun believes that although the Transpacific Partnership Agreement (TPP) has been stranded, but if the North American Free Trade Agreement (NAFTA) and other free trade agreements do not have much change, then, in view of such a large market in the United States and Europe, many companies will still order On the Southeast Asian countries.
But that does not mean that China's advantage is getting worse. Bai Ming pointed out that although the former Europe and the United States and other manufacturing power, after Vietnam, Cambodia and other labor-intensive countries, China's manufacturing industry is still in the process of transformation, but the Chinese manufacturing industry also has many unique advantages, such as mature electricity industry Advantages, a complete industrial chain advantages, industrial agglomeration advantages, scale advantages and policy advantages.
Liu Yun believes that the cost advantage of the coat removed, the Chinese manufacturing industry is showing a more critical kernel, such as the perfect logistics and supporting system, which is a lot of countries can not match. Another example is China's broad market prospects, the whole society's innovative vitality, etc., have given China's manufacturing industry more vitality. "For China, it is no longer the concept of 'world factory', but the market-led changes in the manufacturing sector, which is the structure of their own changes." Liu said that China and the United States with large economies , The ultimate goal of the development is to absorb the inclusion of other countries to reflect the product of a global market pattern, the future there will be more enterprises around this point in the industrial layout.