The Singapore Government Will Focus On Retail Sales To Help Boost Sales.
The Singapore government officially launched the second stage of the retail productivity plan this morning, focusing on helping retailers increase sales.
Li Yixian was in Singapore this morning.
Retail
The seminar said: "if we only have defensive strategies, the growth of the retail industry will be very slow, maybe even no growth.
Therefore, our strategy should not be limited to cost cutting and efficiency enhancement.
"Our
strategy
It must be offensive.
This includes getting rid of the limitations of stores and marketing, as well as service areas, and even regions outside the market.
Li Yixian, senior minister of Ministry of Commerce and industry and Ministry of national development, said that in the five year plan, increasing sales is the key.
According to the plan,
Singapore
Government agencies will provide retailers with support and skills in e-commerce, brand and concept innovation.
For example, help operators sell on Amazon and Alibaba network platforms.
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According to the latest customs bulletin, in 2015 1~8, China's textile and clothing exports totaled 184 billion 450 million US dollars, down 4.6% from the same period last year.
The decrease in August was 5.6%, narrowing 4.8 percentage points compared with July, but the 1~8 decline is still 0.4 percentage points higher than that in 1~7.
In the traditional export market, the United States is the only country that has accelerated growth. 1~7 textile exports to China increased by 9.8% over the same period last month, pushing the export growth by 1.5 percentage points. The European Union was affected by the continued depreciation of the euro, and exports decreased by 10.6% over the same period last year.
The decline in exports to Japan was the most prominent, with a drop of 12.9% in 1~7 months, accounting for 24.7% of the total export volume of the industry, and a 1 percentage point increase in the export growth of the industry. China's share in the textile and garment import market in Japan decreased by 3 percentage points in 1~7 months.
In recent years, the share of China's export textile and apparel in the Japanese market has been declining, and the supporting role of Japanese market for the export growth of China's textile industry is also gradually decreasing.
According to Japanese customs data, China accounted for 69.9% of Japanese textile and clothing imports in 2014, down 5.1 percentage points from 2011, while China's market share in the US and EU dropped by 1.2 and 3.3 percentage points in the same period.
China's market share in Japan dropped by 3 percentage points over the same period of 1~7 this year, which is also higher than that of the United States and the European Union.
According to the customs data of China, in 2014, the total export volume of textiles and clothing in Japan accounted for 8.3%, which was 2.7 percentage points lower than that in 2011, and the proportion of Japan's share decreased to 7.4% in 1~7 months.
The proportion of ASEAN increased by 4.1 percentage points to 12% in 2012~2014, and 1~7 has risen to 12.4% this year. Japan's position as the third largest export market of China's textile industry has been replaced by ASEAN.
There are two main reasons for the continuous decline in competitiveness of textile and apparel exports to Japan: the first is the change in the pattern of productivity distribution for Japanese exports of textiles and clothing.
In recent years, the comprehensive cost of China's textile industry has been rising, the price of export products is rising, the profit space of export processing enterprises is continuously compressed, and the regional trade cooperation relations, such as the p Pacific Partnership Agreement (TPP) and other regional trade cooperation relations are in the way, the cost and policy of Southeast Asian countries are more obvious than the advantages.
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