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China's textile and apparel industry situation 2020
2020-03-07 18:35:28
 
In China's textile and apparel industry, how to promote comprehensive resumption of work as soon as possible while ensuring safety is also one of the most important issues for companies in February and March.
 
The difficulty in returning to work is mainly due to the lack of some links in the supply chain or the failure to obtain the government's return to work for the time being, resulting in the inability to resume work fully. Also, workers cannot be fully in place due to traffic control effects. These obstacles will cause the company's follow-up marketing plan to be delayed or cancelled.
 
According to the production cycle of the garment industry, most enterprises have now completed the production of spring and summer clothing. In February and March, the offline retail industry was almost shut down due to the impact of the epidemic, resulting in a large number of unsalable products. If work cannot be resumed in a timely manner, this year almost all domestic apparel companies will face a chaotic situation of low income in the first half and insufficient sales in the second half of the year.
 
However, Liu Xuezhi believes that the government has recently implemented a series of policies and measures to reduce tax and fees, financial services, rent reduction and employment stabilization subsidies for the epidemic, especially to support small and medium-sized enterprises to pass the crisis, and will effectively relieve the epidemic. Difficulties brought by the operation further boosted corporate confidence and pushed up the purchasing manager index in March.
 
Zhao Qinghe, senior statistician of the Service Industry Survey Center of the National Bureau of Statistics, also pointed out that the survey of purchasing managers shows that the resumption rate of large and medium-sized enterprises will rise to 90.8% at the end of March, of which 94.7% will be manufacturing, which will increase by 11.9 and 9.1 percentage points respectively from the current situation. .In China's textile and apparel industry, how to promote comprehensive resumption of work as soon as possible while ensuring safety is also one of the most important issues for companies in February and March.
 
The difficulty in returning to work is mainly due to the lack of some links in the supply chain or the failure to obtain the government's return to work for the time being, resulting in the inability to resume work fully. Also, workers cannot be fully in place due to traffic control effects. These obstacles will cause the company's follow-up marketing plan to be delayed or cancelled.
 
According to the production cycle of the garment industry, most enterprises have now completed the production of spring and summer clothing. In February and March, the offline retail industry was almost shut down due to the impact of the epidemic, resulting in a large number of unsalable products. If work cannot be resumed in a timely manner, this year almost all domestic apparel companies will face a chaotic situation of low income in the first half and insufficient sales in the second half of the year.
 
However, Liu Xuezhi believes that the government has recently implemented a series of policies and measures to reduce tax and fees, financial services, rent reduction and employment stabilization subsidies for the epidemic, especially to support small and medium-sized enterprises to pass the crisis, and will effectively relieve the epidemic. Difficulties brought by the operation further boosted corporate confidence and pushed up the purchasing manager index in March.
 
Zhao Qinghe, senior statistician of the Service Industry Survey Center of the National Bureau of Statistics, also pointed out that the survey of purchasing managers shows that the resumption rate of large and medium-sized enterprises will rise to 90.8% at the end of March, of which 94.7% will be manufacturing, which will increase by 11.9 and 9.1 percentage points respectively from the current situation. .

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