Textile enterprise strategic transformation into key

& nbsp; by the end of 2007 China EU textile agreement expires and by the end of 2008 Sino US textile agreement expired in succession, plus a month lowered the export tax rebate, is not conducive to the factors of China's textile exports continue to emerge. At this time, the visionary textile enterprises began to implement the strategic transformation, to emphasize the brand cultivation, channel is king. Bad blocks of the differentiation of the industry of the textile industry is the main creator of China's large trade surplus, the textile enterprises subject to the export tax rebate policy affect larger, according to CCTV recently done special reports Statistics said, the most of the clothing industry average profit rate is less than 5%, the export tax rebate cut 2% means the industry average net profit will be reduced by one to two percent. Insiders predict, the export tax rebate rate down two percentage points, the overall profit of the garment industry will be reduced by $1360000000. Not only that, the export of textile and garment enterprises in the face of the pressure and the risk of trade also includes the yuan continued strong and domestic production costs rising rapidly, it will weaken the competitiveness of export products. With the end of 2007 China EU textile agreement expires and by the end of 2008 Sino US textile agreement expired in succession, some hindrance to the factors of China's textile exports will also surfaced. According to experts, difficult to clear domestic textile and garment export policy, Europe and the United States will be in this next year after the anti-dumping, countervailing measures and other means to impose restrictions on Chinese textiles, once the move worked, Chinese textiles will market in Europe and the United States face heavy losses. The face of RMB rising value, rising labor costs and trade friction caused by rising costs, small and medium-sized enterprises by reducing the price, vicious competition for living space; and quality of the company to continuously adjust product and market structure, actively passed on to grow upward pressure, at present industry differentiation becomes more and more serious. Guoxin Securities analyst Gao Fangmin selected major listed companies, of textile industry in the first quarter performance review, differentiation in further expansion. Cultivate brand of thickening of the profits due to the large number of small and medium-sized enterprises in the textile and garment industry, competition is unusually intense, clothing enterprises in the export products lack of pricing initiative, export tax rebate adjustment bring cost rises very hard to pass on, the profit rate will be further reduced.