Guangxi Quzhou Garment Import and Export Situation Report

European debt crisis, exchange rate and other factors have affected the export orders of many foreign trade companies, and the operating conditions of some domestic companies are worrying. At the same time, however, the processing trade in the Ganzhou jurisdiction continued its momentum of development after the recovery of the financial crisis in 2009, which was in contravention of the trend. The growth of the apparel industry was particularly evident.

In the past two years, the apparel industry in Ganzhou has maintained a steady growth in orders. In 2011, all data showed a substantial increase. The annual record-keeping manual was 13 books, which was a year-on-year increase of 44%; of which 3 manuals with record book amounts over 10 million US dollars were included. The total filing amounted to US$77.39 million, an increase of 76% year-on-year; total imports and exports were US$43.844 million, an increase of 60% year-on-year.

The main reason why the Garment industry in Qianzhou Region can grow contradictoryly is that the enterprises make full use of policy support from local governments and relevant departments to provide enterprises with undertaking industrial transfer in the east, and local governments have given preferential policies in terms of land and hydropower, as opposed to coastal developed cities. The cost of human resources in Ganzhou is relatively low and the turnover rate of workers is low. Many factors have reduced the company's production and operation costs to some extent.

In addition, most of the jurisdictional companies that have grown in contradiction are subsidiaries or subsidiaries of large group companies, which have long-term stable trade targets. Its trading partners are mostly world-renowned large companies and have long-term cooperative relationships with each other.