Yiwu People Have Their Own Survival Wisdom To Develop The Garment Industry.

Open up new markets, but the west is not bright.

The Yiwu market has a high degree of dependence on foreign trade, a series of negative factors such as RMB appreciation and the subprime mortgage crisis in the United States. Yiwu enterprises, which are highly sensitive to smell, react very quickly. Some of them have to pform their export objects in time, and some have actively opened up the domestic market.

Backman garments, which specialize in shirts, were mainly sold in Russia and five Central Asian countries, and the products were mainly low and medium grade.

In July 1st last year, the state lowered the export tax rebate rate, and enterprises actively took measures to deal with it.

Since the second half of last year, the company has adjusted to the main market in Europe and America, and has made OEM for international famous brands in Britain, Korea, Japan and other countries.

Due to the continuous improvement of product quality, fabric guarantee and export price, the output value of export to the EU in the 1~5 months of this year was 2 million 170 thousand US dollars, up 660.7% from the same period last year, accounting for 21.81% of the total export volume of its enterprises, and the profit margin of enterprises ranked tenth in the national garment industry.

Some enterprises actively open up the domestic market, such as Mona Hosiery Industry, which specializes in foreign trade before.

There is a Xiangsheng stationery company. Its main products are student exercise books. Last year, 70 to 80% of the products were exported. Since the end of last year, the company has set up chain stores nationwide, and now 80% of its products are sold domestically.