Tariff Decline Has Long Been Good For Local Garment Industry

The fall in tariffs has become the hottest topic in recent times.

Cheng Weixiong, the vice president of the original US state and the founder of Shanghai Liang Qi Brand Management Co., Ltd., analyzed the industrial signals of the tariff adjustment carefully.

"First, reducing tariffs is bound to advance in accordance with the timetable of the national free trade agreement process. Tariff reductions and even zero tariffs will not be far away. The acceleration of the domestic market and the integration of international markets is a trend."

As Chen Deming, former Minister of Commerce, said earlier, some overseas markets had no customs duties and the distribution system of high-end consumer goods in the mainland and other reasons, which led to "luxury abroad and cheap domestic prices".

China's accession to the WTO will be over for 15 years, and further consideration and promotion of tariff reduction is the general trend.

"Secondly, the low price of foreign brands can promote local consumption, and consumers do not need to run abroad because of low prices, thus promoting the quality of domestic brands, because the quality of local brands can not last long, and the local brands with high cost performance will get better. This will promote the rational, pluralistic and quality consumption structure of the local market, which is good in the long run."

Cheng Weixiong further pointed out that local brands in such a competitive environment breakthrough strategy, "the tax reduction for the local garment industry upgrading and upgrading is a great push, local enterprises can not be confined to the low value industries.

It can also import high-end brands and introduce overseas brands. At the same time, we need to go out to promote local brands to go abroad and participate in international competition.

Pu Xiangquan, chairman of the Korean brand collection shop GAROSU, told reporters that he was very concerned about this policy. "China's clothing market is more open and free trade, which is a great benefit for our leading Korean fashion brand buyer shop."

It is understood that the first GAROSU store in Shanghai converged.

FREE, BIRD, TRESICS, MONOB and more than 10 brands, and according to the Chinese consumer shopping habits, in the form of brand collection stores to build a variety of fast fashion Spa space, greatly improving the consumer shopping experience.

"Fully liberalized

Consumer goods tariff is a process, and consumption reflux is also a process.

But for my analysis, the biggest impact of the adjustment is on bringing new rules and business standards to the industry.

Chen Guoqiang, vice president of China clothing association, analyzed that "imported clothing brand will affect the rules of the game in the mainland industry on product specifications, not in terms of output and quantity, but on business mode and operation rules.

At present, many of our brand's supply chains are fragmented and urgently needed to be integrated. The integration of supply chains such as Muji, ZARA and other international brands is very worth learning.