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Study on Clothing Industry Present Condition and Structure Adjustment

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Study on Clothing Industry Present Condition and Structure Adjustment
Vol. 5, No. 10

Asian Social Science

Study on Clothing Industry Present Condition and Structure Adjustment
Junxun Li School of Management, Xi’an Polytechnic University Xi’an 710048, China E-mail: dmezy@163.com Wei Sun School of Management, Xi’an Polytechnic University Xi’an 710048, China E-mail: aggie8481@126.com Fund item: By sustentation fund from education department of Shaanxi province 2009. (grant NO. 09JK105) Abstract With the financial crisis, the textile and garment industry is under multiple pressures both at home and abroad. To speed up the adjustment of product structure has become the most urgent problem in clothing industry. This paper points out the problems of structure in clothing industry through the analysis of profit and the development trend of production. Clothing industry is entering a critical period of structural adjustment. Therefore, the paper points out some adapt measures to adjust the structure of clothing industry in different angles. Keywords: Clothing industry, Structure adjustment, Present condition, Textile With the occurrence of financial crisis, be subjected to the pressure of RMB appreciation and American time loan crisis influence, the spinning clothing industry is bearing much domestic and international heavy pressure. The adjustment of domestic policies make a lot of clothing exports to reduce tax rebates which included in the processing trade restricted or prohibited categories. Thus make the clothing industry more and more uncomfortable for days. While with the United States meeting the growing credit crisis, the international market is weak, together with the plus of RMB appreciation step to speed, spinning and weaving the clothing business enterprise is also snow to up add frost. The face of disadvantageous situation, to speed up the adjustment of product structure has become the most urgent problem in clothing industry. So the Chinese spinning clothing business enterprise should actively carry out the adjustment of



References: Fu, Baozong. (2008). Six ways of restructuring and upgrading to textile and clothing industrial. China Investment, No. 6, 114-115. Li, Min & Mao, Tingting. (2009). Apparel industry upgrading under financial crisis. China Textile Leader, No. 7, 25-26. Li, Shixi. (2009). The current strategic choice taken through the SWOT analysis of Chinese clothing industry. Manager Journal, No. 10, 278. Mu, Zi, & Li Yining. (2009-02-13). ULW patterns of Chinese clothing. China Textile Newspaper, (5). Qiu, Xiaowen. (2009). Development Strategy of Chinese small and medium-sized textile and clothing enterprises. Enterprise Economy, No. 5, 143-145. Wang, Haifeng. (2009). Chinese textile and clothing industry entered into a period of strategic adjustment in 2009. Intertrade, No. 2, 9-12. Zhang, Chaoying & Yang, Nana. (2009). Brief talk on difficulties of Chinese textile and clothing industry. Manager Journal, No. 5, 32. 131 Vol. 5, No. 10 Asian Social Science Figure 1. The situation of industry revenue, profit and gross profit margin, profit margin 132 Asian Social Science October, 2009 Figure 2. The main products growth in a single month 133

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