Nowadays, the market is inevitably a little chaotic. The domestic epidemic has spread in many places, which has led to increased prevention and control measures in parks across the country: closures, employee isolation, road closures, and poor transportation. Affected by multiple factors such as these, companies in the textile and chemical fiber industry have been forced to suspend work, production, and operations. The frequent occurrence of accidents has had a certain impact on the production, transportation, and sales of some enterprises and the operations of some traders in the light textile market.
Logistics troubles
On the evening of March 27, the Shanghai New Crown Pneumonia Epidemic Prevention and Control Leading Group Office issued a notice. Since all companies in the containment area have implemented closed production or work from home, some logistics companies in the first batch of containment areas have issued notices to suspend entry. Warehouse receipt and delivery operations will resume at 5:00 on April 1, 2022.
It is reported that the first batch of sealed areas covers about 4,000 square kilometers, accounting for more than 60% of Shanghai’s urban area; more importantly, the Pudong, Punan and adjacent areas that have begun to be sealed are not only Shanghai warehouses and logistics companies, but also concentrated The area is also the only way to the Yangshan International Deep Water Port, the core port area of Shanghai!
Starting from the early morning of the 27th, production companies within the jurisdiction, as well as the warehouses of all international freight forwarders, cross-border e-commerce logistics, foreign trade or cross-border e-commerce sellers, have been cooperating with the government’s epidemic prevention and control requirements and have completely stopped operations!
As China’s economic center, the Yangtze River Delta’s foreign trade export throat, and the location of the world’s largest container port, this wave of ferry suspensions is expected to bring a new wave of serious impact to the global shipping and logistics industry! The impact of Shenzhen’s shutdown on the shipping industry has not yet receded. The world’s largest container port, Shanghai, has sounded the alarm again. Its superimposed effect may have a serious impact on the global shipping and international logistics industry. Whether it is short-term or long-term, it will cause logistics problems. Delays, congestion, and even increased shipping costs. Nowadays, domestic demand has not yet recovered, and external demand has been hit hard by logistics and shipping. This is really not a good thing for textile companies.
Sijiqing resumes business
This year’s three golds and four silvers are really disappointing. I originally wanted to get a wave of orders, but looking at the current situation, it is difficult to get orders. Whether it is cost, production, or sales, it has been troubled to a certain extent. Although the current epidemic control in Shanghai has affected all walks of life to a certain extent, only timely management can prepare for better economic recovery and normal production in the future.
Previously, the Hangzhou region was hampered by the epidemic, and the important textile market Hangzhou Sijiqing Xinhangpai Casual Clothing City was closed. Now with effective control, the relevant areas have lifted the “three-zone” control measures and resumed normal epidemic prevention and control. China’s light Operators of the Textile City Clothing and Accessories Market have welcomed the “unblocking” of purchasing goods on March 28.
It is reported that at the east gate of China Textile City Clothing and Apparel Market, two “Jinbei” cars will take market operators to Hangzhou Sijiqing Xinhangpai Casual Clothing City early in the morning every day to purchase goods, and return around 11 noon. Many operators have connected with manufacturers and shipped goods directly to the car. The first shipment after the ban was lifted on March 28, the business owners have gained a lot, which has made the clothing and apparel market “moving” after being quiet for more than half a month.
Although it will exist for a certain period of time, this is also an inevitable phenomenon, and the editor also believes that various places affected by the epidemic, including many important textile regions, will usher in a market recovery in the near future.
Show resilience and move forward under pressure
In the past few years, when the epidemic has been recurring, the domestic economy has also been under pressure amidst the rapids. As of the end of 2021, the country’s total retail sales of consumer goods exceeded 44 trillion yuan, an increase of 12.5% over the previous year, and the two-year average growth rate was 3.9%. The retail sales of clothing, shoes, hats, needles and textiles have also achieved significant development. The annual retail sales increased by 12.7% year-on-year, and the growth rate rebounded by 19.3 percentage points from 2020, with an average growth of 2.6% in the two years. Judging from the situation of residents’ consumption expenditure, the per capita clothing consumption expenditure of national residents will reach 1,419 yuan in 2021, and the consumption amount has increased significantly.
Although there is an external epidemic coupled with the unclear situation in Russia and Ukraine and weak global demand caused by foreign inflation, in the face of such a more severe and complex external environment, the development of my country’s textile and apparel retail market will still forge ahead. Relying on the characteristics of strong resilience, sufficient potential and large space, the fundamentals of my country’s long-term economic growth will not change in the future. The government’s emphasis on expanding domestic demand and the active introduction of various measures will also help stabilize the domestic demand market. my country’s textile and apparel retail sales The market still has conditions for stable and positive development.
Although many important textile cities are still affected by the epidemic, with logistics blocked and production disrupted one after another, with effective control, they will surely gradually move in a good direction. The difficulties are only temporary, and the recovery of the textile industry has a long way to go.
</p