170 Million, The Textile Industry Of The Employment Population Is Now Closing Down. The Industry Will Reshuffle In The Next Two Years.

Recently, large scale

Garment enterprises are closing down frequently, making the upstream and downstream industrial chain employment population as high as 170 million. The pillar industries that once occupied half of China's exports have touched the nerves of the Chinese again.

In September 6th, there were 6 branches.

City Chuang Ji Group officially declared bankruptcy.

According to a senior Zhuang Ji, the incident or the bank generated about 30000000000 bad debts.

At present, 5000 employees of the group are quietly waiting for the result of bankruptcy.

In August 22nd, China's top 500 private enterprises accounted for over 2 billion of total assets.

Hongjian Group Co., Ltd. officially shut down.

More than 1000 employees went to the streets to pay wages for three months.

In August 19th, the boss of Fuji (Huizhou) textile complex, Huizhou, Guangdong, has 400 employees, and employees gathered at the factory gate hoping to get their own hard-earned money.

In July 31st, the boss of the East China textile giant Bao Li Jia ran, and 5000 employees suddenly lost their jobs.

At the end of May 2015, the Shandong Lanyan group, the largest denim factory in Asia, with a staff of up to 10000, was bankrupt due to liabilities of 2 billion 500 million yuan.

In May 22, 2015, Fan Bingbing Viske's clothing, which had been cited by Lenovo and was endorsed by the company, was closed down, and the boss ran away with 5000 employees.

In May 18th, the 500 national private enterprises in 2002, the Shaoxing printing and dyeing big guy with total assets of 1 billion yuan, went bankrupt in five ocean printing and dyeing.

It is reported that the company has 7 subsidiaries, with more than 2000 employees.

In May 1st, the boss of Dongguan Hou Hong garment factory, who had more than 10000 employees, ran away.

The staff went to the streets to ask for two months' wages and financial compensation. The local government dispatched 1500 policemen to maintain order.

In April 20th, with more than 2000 employees, Lining and XTEP's core supplier, Jaron clothing, were broken by gold chains because of the expansion of the market.

In the textile gathered Shaoxing, Shantou, Changle, Dongguan and other places, the small and medium-sized textile and garment enterprises that are bankrupt and bankrupt are numerous.

China's textile and garment industry died from internal troubles and foreign invasion

As the largest number of employed people, the textile and garment industry, which contributed most to China's reform and opening up to achieve capital accumulation, has fallen into this field.

But "freezing is not a cold day", the fall of China's textile and garment industry is the result of many unfavorable factors.

It should be said that this crisis started in 4 trillion in 08 years.

According to some textile business owners' recall, the textile and garment industry in 2008 had already seen an economic crisis. Most enterprises were prepared to contract their production capacity and cut down their employees.

However, due to the introduction of the "4 trillion" economic stimulus plan, the business of textile and garment industry has been unusually hot since the second half of 2009. In 2010, the price of cotton rose from 10 thousand / ton to 30 thousand / ton.

With the short boom of the market and the push of banks, the industry has launched a wave of crazy capacity expansion.

Some local governments are making the focus of the textile and garment industry, encouraging textile and garment enterprises to expand new factories and purchase new machines.

Unexpectedly, by 2012, the "4 trillion" economic stimulus subsided, many orders fell sharply, and millions of expensive imported equipment were left idle.

Coupled with the sharp drop in cotton prices, many textile companies made money in the first two years.

At the same time, labor costs in China doubled more than five years in the 08 years after the introduction of the new labor law.

As the textile and garment industry is a typical labor-intensive enterprise, the rise in labor costs has brought unimaginable pressure to the operation of enterprises.

Especially in the past two years, due to the sharp increase in domestic costs, many foreign-funded enterprises have been pferred to South Asia and Southeast Asia on a large scale.

The most famous ones include Adidas, Nike, UNIQLO, Muji, Castle Peak commercial, Li Fung, Tokyo STYLE, Honeys, etc. these companies are accelerating the pfer of orders to Southeast Asia.

In addition, due to the backward equipment and high operating costs of China's spinning industry, the low end market share below 50 has been eroded by Southeast Asia, India, Bangladesh and other countries.

More than 100 high-end products are controlled by Japan, Germany and Italy.

Before and after the attack, the textile and garment industry has long been defeated.

China's neglect of labour intensive textile and garment industry is a recipe for disaster.

At the beginning of reform and opening up in 1978, China's one billion population and urban population accounted for only 100 million, but the employment situation in cities and towns was extremely severe.

At that time, the Deng Xiaoping administration looked forward to taking the textile and garment industry as a pillar industry for China's economic development, and strongly supported textile and garment export earning enterprises.

In order to support the development of the textile and garment industry, the Chinese government even prefers to bear the United States' blunting accusations about China's human rights situation and strive for more export quotas.

Why does the government attach so much importance to the textile and garment industry? This is because the industry has an unparalleled advantage in absorbing the employment population.

According to statistics, the textile industry can absorb 1876 people per billion yuan in fixed assets investment, while the garment industry can absorb 4464 people.

The average number of investments per 100 million yuan invested by the whole industry is only 903.

In 2007, China's textile and garment industry upstream and downstream industry chain absorbed 170 million of the total population of employment, and deserved to become a steady sea job.

Before liberation, the wages of a worker in the Shanghai textile mill were probably 15-30 oceans, when the salary of the county magistrate was only 20 oceans.

It can be seen how high the textile workers are before liberation.

In addition, in the long run, textile and clothing is one of the most basic needs of human beings. It is an eternal industry, not a sundial industry misled by the media.

In recent years, the Chinese government has attached great importance to the virtual industries such as finance and the Internet, but has been rather indifferent to the textile and garment industry, which is related to the 170 million life plan.

In recent years, China's textile and garment enterprises are getting higher and higher in labor cost, land cost, environmental protection cost and tax burden, and even surpass the United States.

China's 1 billion 500 million population has a huge demand for textile and clothing. It is really puzzling to let the consumer market go on like this.

Now, in the first half of 2015, China's textile and garment industry suffered negative growth for the first time in the first half of the year.

With the acceleration of textile and garment industry and the collapse of a large number of enterprises in China, the data in the second half of this year will surely be even worse.

For China's textile and garment industry and business owners, the industry reshuffle and life will be very tragic in the next two years.

As for the 170 million working population, tens of millions of people will go home for months in advance, only heaven knows!