Can Clothing International Trade Platform Activate Industrial Potential?

Referring to the domestic apparel industry, the focus of external attention in recent years has been on rising labor costs, slower export growth, and declining competitiveness. However, some of the industry’s unique individuals still capture potential business opportunities. On August 8th, China’s first free international apparel trading platform – Xianyi Garment International Trade Service Platform was formally launched in Beijing. Chairman Chen Liang stated that he is a foreign trader who has spent 20 years in the garment export field and he is deeply involved. Knowing an efficient, high-quality, honest and transparent trading platform and an independent and impartial third-party service provider can not only greatly reduce the purchaser's business cost for the purchaser, but also can uncover the potential value that is neglected in the domestic apparel industry chain. .

â–  Internet users do not do foreign trade as foreign traders do the Internet According to Chen Liang, the first-in-a-kind international trade service platform is characterized by completely free of charge for domestic suppliers. Foreign buyers can publish demand information on the website and reach preliminary agreements with suppliers. After the intention, the first cooperation can provide one-stop services from factory inspection, inspection, order management, export declaration, and freight logistics. "We only charge service fees to foreign buyers."

“As long as the production capacity meets the requirements of foreign buyers, it will be able to carry out international trade, which will benefit many small and medium-sized garment enterprises that do not have foreign trade capabilities,” said Chen Liang.

â–  Overseas Buyers:

Third-party services drastically reduced costs Shen Ronghao, of Hangzhou Representative Office of Begin (South Korea), told reporters that their company has been developing apparel purchases in China for many years and currently has offices in Hangzhou, Shanghai and other places. “Manpower costs and office costs are It's a huge amount of money."

Shenrong Hao said that if there is a reliable third-party platform to provide services such as procurement, export, etc., overseas buyers do not have to set a point in the country. "Only after the transaction is completed does the service fee need to be paid, which is more than saving the entire procurement process. A lot of cost."

Chen Liang stated that overseas buyers such as Beijin (Korea) are not few in the country, and the rising cost of procurement has forced many companies to turn their attention to Southeast Asian countries such as Vietnam and Cambodia. “After the cost reduction, a large number of overseas buyers can be found. Stay in the country."

â–  Industry experts:

This model is very worthy of promotion. Professor Zheng Shengsheng of the Cheung Kong Graduate School of Management believes that in recent years, everyone has been paying attention to the impact of rising domestic labor costs on exports. In fact, compared with the huge domestic business cost, labor costs are actually insignificant. “I’m abroad. We have heard many buyers complain that China is more expensive than its foreign counterparts in addition to cheap labor."

As a well-known scholar in the industrial chain, Zheng Shengsheng believes that the industrial chain of many domestic industries still has great potential, and the Internet is the best tool to tap these potentials. “The Internet is highly transparent and standardized, which greatly reduces information costs and Transaction costs, if the preemptive model can be promoted in other industries, everyone will find that 'Made in China' will move toward a new development platform."

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