No Cross, No Crown——China''s Garment Brands in Economic Crisis

During the past twenty years,China garment industry has built a solid foundation of large scale manufacturing ability due to the comparative advantage of low labour cost.Now China is the world's largest garment manufacturer,consumer and exporter.However,nowadays with the severe competition,the advantage of labor resource is gradually losing.It is important to transfer the competitive advantage from low labour cost to brand promotion.     

MNCs Look Beyond China for Sourcing

Rising costs are forcing companies to take a closer look at new sourcing locations across Asia,according to a recent KPMG report of multinational corporations (MNCs) in the region.High levels of infrastructure and skills mean certain goods from consumer electronics to furniture are still being sourced from China.However,with the combination of increasing labour costs,rising inflation and a strengthening currency,China is losing its foothold as the world's lowest cost manufacturer of consumer goods.     

Celebration of CHina＇s Dairy Industry

China has become the world＇s third largest dairy products manufacturer next to India and America,according to the information release on the 2007 China·Inner Mongoha International Diary Products Exposition. The Exposition,held from July 26 to 28 in Hohhot,the capital city of Inner Mongolia Autonomous Region,has attracted worldwide concerns as a celebration of China＇s dairy industry.＂The milk output has grown by ten times during the last decade＂Nadamude,Secretary-in-general of the Inner Mongolia Dairy Association said when interviewed by China＇s Foreign Trade.The following is a summary of the interview.     

In or Out？

China on April 1 raised the tax rebate rates on exports of certain textile and apparel products from 15% to 16%. It , is the fourth time the government has raised the rebate rate since last August. Dating back to February 4, the State Counc-il executive meeting examined-and approved in principle the revitalization of the textile industry adjusts planning, in the planning, the country would increase textile and garment export tax rebate rate further from 14% to 15%. The measures are expected to boost China＇s textile and garment enterprises＇ profits by RMB 9 billion, it is significantly positive for the textile exporting enterprises since the country policies convey a positive signal to consolidate the international share of China＇s textile industry. Some experts firmly declare textile exports are set to languish this year with no signs of a quick pick up, notwithstanding the increase in tax rebates. Other asserts that with the relative domestic demand extending policies released by the government, the domestic market is expected to remain stable. In these circumstances, more and more enterprises are pushed or actively choose to eye on domestic market, but is ＂going in＂ really better than ＂going out＂ for them？ If it is really a dilemma, how can they do to strike the balance？     

中国第一汽车集团进出口公司

Company Introduction
FAW Group Corporation is China＇s oldest and largest vehicle manufacturer. Headquartered in China＇s northeastern city of Changchun in Jilin Province, the company can trace its roots back to July 15,1953 when the cornerstone of its first assembly plant was laid. Over a span of five decades, FAW Group has evolved into one of the world＇s largest vehicle producers. Renowned in the commercial market for its outstanding light, medium and heavy trucks, FAW Group is also a leader in the bus, coach and bus chassis industry.     

The Dancing China

China has cemented its position as one of the central pillars of global trade by exporting staggering quantities of manufacturer goods,and is arguably now second to none as the economic hub of Asia. According to the China Federation of Logistics and Purchasing(CFLP), China's logistics industry revenue grew 20% in 2002,27% in 2003,30% in 2004 and 33% in 2005.Rampant growth in logistics revenue points to an indus- try in good health. When we check what does"logistics"mean in Wikipedia,this free ency- clopedia online bumps out this definition:"Logistics is the art and science of managing and controlling the flow of goods,energy,information and other re- sources like products,services,and people,from the source of production to the marketplace,"Yes,logistics is an art,through which rhythm comes from,while logistics is a science,by which efficiency lies in. As the Beijing Olympics is approaching,transportation and logistics as a closely related industry has raised more and more attention.China has also at- tached an ever-greatest importance to this industry.Let's see how this large country is dancing into the year of 2008 to the rhythm of the whole world. By Editor     

60 Years of China＇s Foreign Trade

Since the founding of the People＇s Republic of China 60 years ago, especially its launch of reform and opening up policy 30 years ago, China has achieved great transformation from a closed or semi-closed to an all-round opening up economy. Foreign trade has also made brilliant achievements. Goods and services continue to expand from small to large scale, from low to high quality. After sixty years of hard work, today＇s China is integrating into the world economy with a more open-minded state and more self confidence.     

中国第一汽车集团进出口公司

Company Introduction
FAW Group Corporation is China＇s oldest and largest vehicle manufacturer. Headquartered in China＇s northeastern city of Changchun in Jilin Province, the company can trace its roots back to July 15, 1953 when the cornerstone of its first assembly plant was laid. Over a span of five decades, FAW Group has evolved into one of the world＇s largest vehicle producers. Renowned in the commercial market for its outstanding light, medium and heavy trucks, FAW Group is also a leader in the bus, coach and bus chassis industry.     

Work with China, not Just for China

For the last decade, China has represented the fastest growing economy on the planet. It first tapped its vast resources as a cheap manufacturer due to the low cost of labor and favourable exchange rat...     

China＇s textile machinery industry becomes world＇s targesttextile machinery manufacturer

With the rapid development of textile industry, China＇s textile machinery industry also enjoys an occasion for development, and become the world＇slargest textile machinery manufacturer. But the scale of China＇s textile machinery enterprises is small in general,     

Diagnosis on Exhibition Industry

China＇s exhibition industry, often renowned as the locomotive of the tertiary industry, has developedrapidly in recent years and has become the sunrise industry and gets much concern. However, in exhibition industry circles in China, there is a saying being passed around ＂rushed exhibitions with bad service, property rights protection is badly needed; a low threshold with high demand, and 5 out of 10 exhibitions are disorganized.＂ This jingle reflects many problems that currently exist in the exhibition industry in China.     

FOTON＇s Road Towards Overseas Development

With 14 years＇ painstaking development and by Virtue of our sales volume of 600,000 vehicles in 2009, FOTON has finally completed the transformation from China＇s No. 1 to world No.1 commercial vehicle manufacturer. Starting from 2002,     

The Stirring Time for Textile

1.The overall development ＆ achievements of the textile
Exposure to the international environment,China＇s textile industry＇s policy has experienced great transform from self-satisfaction and import substitution to export-oriented industry in the past thirty years.     

Penetrating Persisting and Partnering to Explore the International Market——Exclusive interview with Mr.Zhang Xiaoyu,Vice Chairman of CMIF

It can be said that the auto industry has seen a big shakeup since the breakout of the financial crisis last year, whether in China or in western countries. In order to help the auto industry keep its steady development, the Chinese government formulated the Automobile Industry Restructuring.and Revitalization Plan. Many other related institutes also took measures to assist the development of this industry. The China Auto International Exhibition Tour, organized by the China Machinery Industry Federation （CMIF） and the China Council for the Promotion of International Trade （CCPIT）, has been engaged in introducing China＇s automobiles to the world and promoting the worldwide recognition of Chinese auto brands since 1995. Now, as the 7th China Auto International Exhibition Tour is about to begin, China＇s Foreign Trade interviewed Zhang Xiaoyu, Vice Chairman of CMIF, about the current status of the auto industry in China and China＇s auto exports in 2009.     

Ten Years in WTO:China's Textile Industry Saw Rapid Proqress

China became a member of the WTO on December 11,2001,after 15 years of hard negotiations.At that point,people were convinced that China's textile industry would benefit the most from the accession.They are not disappointed.In the ten yeas since China's entry into the WTO,Chinese textile and clothes exports have maintained double-digit growth,taking now about a third of the world market for textiles and clothes.China has become the world's largest textile and garment exporting nation (See the chart:Value of Chinese textile and garment exports from 2000 to 2010).     

BEIJING SMART GARMENT CO.,LTD

Founded in 1985,the Beijing SmartGarment Co.,Ltd was the firstSino-foreign joint venture enterprisein the garment industry in Beijing.Over the past decade,the SmartCompany has developed from a singleenterprise of garment production andoperation into a large modern garmententerprise that integrates trade,industry and technology.With fixedassets of RMB24 million and a totalstaff of 1,800,the company hasbecome one of the largest productionand export bases for western-styleclothes in China.It is one of the threemajor exporters of the foreign-invested enterprises in Beijing,andowns a well-known garmentbrandname that enjoys a highreputation nationwide.     

3G ＆ FMC,Future Hope for Telecom？

In the telecom industry of China, the growth speed will show slight downhill in 2009. That is mainly caused by the mature market penetration and tough competition amongst 3 full-service operators. After almost 6 years＇ swift growth, a＇s telecom industry growth speed is slowing down （lower China＇s telecom industry growth speed is slowing down （lower than GDP growth from 2007） due to mature market penetration. In 2009, the maintaining of customer resource will be the major goal for all the operators, and service ＆ price is their most important competition tool. Keeping assets value is also vital to the industry. The leader of China＇s telecom industry, China Mobile, makes the revenue assurance as one of their most important concern in the following days.     

＂Made in China＂ at the Crossroads in 2009

In the short run, China＇s export is a usable weather vane for the health of the global economy and the strength of consumer demand. A slump in export to some extent means economic depression elsewhere. Besides, the development direction choices of manufacturer will be pivotal to China＇s upgrade from export-oriented economy to a more well-rounded economy. The immediate threat to this upgrade is from the global slowdown that Chinese exports declined in November last year heralds tough times in 2009.     

Electronic Information Industry： Calls for Upgrade and Reform

Electronic information industry is a fundamental and strategic pillar industry in China＇s economic progress. With the feature of labor-intensive manufacturing, this industry has developed to be a competitive one of China by few decades of quick growth in large scale, boasting a high degree of marketization and internationalization. Take color TV manufacturing sector as an example, the annual producing value of the sector is close to RMB 200 billion,     

China textile has difficulty to break- through in ASEAN market after ACFTA inforce

It has only over a month＇s time left for China - ASEAN Free Trade Agreement to come into effect on January 1, 2010, thus, a more open and a large regional market will soon open to Chinese textile and garment industry. This may mean a gospel to Chinese textile industry in theory, under the increasingly grim trend of global trade protectionism.