alibaba.com sourcing intelligence series - jiangying, china (full report)

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Market Intelligence Report Jiangyin Buyer Service & Development Team

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Page 1: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Market Intelligence Report

Jiangyin

Buyer Service & Development Team

Page 2: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Content

•Overview

•Industry Profile

•Competitive Advantages

•Industrial Analysis

•Leading Suppliers

Page 3: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)
Page 4: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Overview

• Monetary policy – “stable and steady”

• Financial reform – keep RMB exchange rate fixed in the long run

• Fiscal policy – focus on structural tax reduction

• Expand domestic demand – improve household disposable income

• Inflation – monitor CPI growth, reinforce price control

• Sustainable development – continue to grow economy in an energy-saving & emission-reduction manner

• Capital market – utilize the leveraging power of financial tools

Page 5: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Country Profile

Legend

Page 6: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Regional Trade Figures

Source: Jiangyin Government

Page 7: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Regional Trade Figures

Source: Jiangyin Government

Page 8: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Industry Profile

Jiang Yin textile & apparel industry outline:

• Relatively complete industrial supply chain

• Industrial cluster

• Leading companies

• Strong brand awareness

Page 9: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Supporting Policies

Boost Apparel & Textile export by:

• Enhance the leadership of industry cluster, build up suitable environment;

• Value public service platform development, improve competitive strength;

• Boost the development of specialty industries, cultivate regional brand within

dynamics of business scale and quality;

• Support the growth of leading enterprise, focus on branded apparel and high

value-added textile product;

• Reinforce the investment on technology and R&D, encourage innovation.

According to the figure, Jiang yin government has invested over 200 million RMB on

industrial transition and upgrade in 2011.

Page 10: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Trade Trends

Since 2001, Jiangyin textile & apparel export has kept growing at a high rate and

increased dramatically during the last decade. It seems has recovered from the

economic crisis in 2008.

Source: Jiangyin Government

Page 11: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Monthly Review

Monthly figure indicates that textile & apparel export in 2011 is relatively stable during the

year, sharply drop on Feb may be caused by short-term factors, such as drop of customer

needs.

Source: Jiangyin Government

Page 12: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

YOY Growth

Monthly YOY figure indicates that 2011 has enjoyed a higher growth rate on export in first

quarter compare to the entire year. Meanwhile, textile & apparel are still vulnerable to

seasonal demand.

Source: Jiangyin Government

Page 13: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Quality Control

State Supervision and Inspection Center for Textile Products

Jiang yin Chemical Analysis Laboratory

Page 14: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Brand Building

Jiangyin city government enhance brand

building through:

• Money reward

100 thousand – 200 thousand RMB

• Supporting policy

<Industry 5-year cultivation plan>

<Jiangyin brand building guide>

23 brands shortlisted for regional breeding, 10

in textile industry.

Page 15: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Raw Material Price Index

Source: Alibaba.com

Page 16: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Labor Cost Comparison

Source: Fu Dan University study

According to a study from FuDan university, RMB will keep appreciating at 2-3% yearly.

However, rapid growth of labor cost will make China less competitive among countries in

Southeast of Asia, the triangle above-mentioned will appear until 2023, at that time, labor

cost in China will close to European countries and Hong Kong.

Page 17: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

SWOT AnalysisStrength

• Unbalanced industry portfolio

•Lack of awareness of product value-added,

brand building and protection

• Industry profit is relatively low, need to

manufacture in a cost-effective manner

Weakness

• Obtain complete industrial chain in textile

& apparel industry

• Abundant raw materials for manufacturing

• Relatively cheap labor

• Competent skilled workers

Opportunity

• High pressure on price raise of labor cost,

raw material, logistics and exchange rate

• Increasingly raise of foreign trade barriers

• Strong competitive from neighboring areas

• Due to European financial crisis, the level

of global credibility will continue to drop

Threat

• Free trade agreement with Eastern Union

will boost daily consumption goods export

• State government reinforce innovation &

intellectual property rights

• New policy for energy exploit and use may

help to improve resources efficiency

Page 18: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Supplier Competence

Page 19: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Sang Yang Textile Co. Ltd

Page 20: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

First Textile Co. Ltd

Page 21: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Sourcing Hub Service

Meeting with Suppliers

Package A: Meeting with suppliers in local office

Package B: Meeting with suppliers & factory visit

Market Intelligence

Acquire sourcing tips from our expert team on:

- Market information;-Sourcing tips;

Pre-trip Arrangement

Leave all transportation arrangements to us:

- hotel pick up;- Alibaba.com local office;

More Information: http://www.alibaba.com/sourcinghub

please apply here

Meet pre-screened suppliers in one day in one of the 17 Asian industrial Zones (Sourcing Hubs)

Page 23: Alibaba.com Sourcing Intelligence Series  - Jiangying, China (FULL Report)

Contact Us

Tommy Jiang Key Account ManagerBuyer Service & Development, Alibaba.com Phone:  86-571 -8502-2088 ext. 39128Mobile: 86-151-6829-8894Fax: 86-571-8981-5517Email: [email protected]: [email protected]: http://buyer.alibaba.com/

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