A Brief Analysis Of The Impact Of Russia's Entry Into WTO On China's Textile And Clothing Trade
After Russia's accession to WTO clothing Product import tariff adjustment rules
1. the import tariff of coats, windbreaker, jackets and similar products is 10%, but it is reduced from 3 euros per kilogram to 3 euros before the volume tax.
2. wool Man's suit The import tariff of trousers and skirts is 10%, but it is reduced from 2.5 euros per kilogram to 2.5 euros before the volume tax.
3. the import duty of women's shirts and men's shirts is 10%, but from 3 euros per kilogram to 2 euros from the volume tax.
4. the import duty of children's clothing is 10%, but from 2 euros per kilogram to 1.5 euros.
Voice of traders: market The prospects are still constrained by the trade environment.
In August 22nd, the most important financial focus was Russia's accession to the WTO. After 19 years of long road, Russia has officially become the 156th member country. This also marks the opening of Russia's foreign trade. People from all walks of life, experts and scholars have expressed great expectations for Russia's accession to WTO. Against Russia Spin In the most concentrated trade area of the clothing trade, the extent of tariff reduction and whether the "grey customs clearance" can be cleared away, and the change of the trade environment has become the focus of business attention. In the interview, reporters found that whether they export large clothing enterprises to Russia or individual traders who sell fragmented, they have revealed an unspeakable sentiment of "not easy to say love you" after Russia's accession to the WTO.
The trade environment is difficult to improve in the short term.
As one of the most influential independent brands in the city of Basic, it has always been at the forefront of art and fashion. Li Jianguo, the founder of the brand, has a keen sense of smell in the change of Russian clothing market.
"For Russia's accession to the WTO, everyone has different opinions. I think the impact on our export textile and garment enterprises is not great. After joining the WTO, the trade environment will be improved, but Russia's trade system and legal environment can not be normalized and transparent in the short term. To achieve this goal, it will take at least 10 years.
Basic has opened many stores in Russia, Li Jianguo thinks. Russia's accession to WTO But the trade environment will change. For the enterprises themselves, especially for the enterprises that have a strong sense of fashion, it is most important to understand Russians' consumption habits and habits and understand their product needs. "The company's design department has absorbed a large number of talented people in order to design products that can meet the needs of the local market." Speaking of whether the clearance mode will change, Li Jianguo admitted that in the Sino Russian trade, many people in Russia still live on "grey customs clearance". Although the whole trade environment and service have changed after entering the WTO, the key to the change of customs clearance mode lies in the improvement of Russia's system and legal system. Whether we can really pass the "white pass" or see the Russian government's crackdown on "grey customs clearance"?
For the "grey customs clearance", it is not unfamiliar to the merchants who engage in foreign trade in Ya Po Road. Mr. Yan, who specializes in clothing trade with Russia, has never been to Russia, but he has a deep impression of "gray customs clearance". In the initial contact with Russian businessmen, Mr. Yan often disagreed with each other on how to solve the customs clearance problem. He wanted to go through normal customs clearance procedures, but after consulting his friends around the world, he was advised to use grey customs clearance, not only for cheap tariffs, but also for timely delivery. If we go through the formal customs, we will only have nearly 200 thousand dollars in tariffs. Moreover, according to the situation in Russia, it will take three or four months to ship from factory to destination market. The down jacket is a very seasonal commodity, and time delays in the road over the season, the goods will be smashed hands. Mr. Yan said. In order to make the deal, he can only agree with the Russian buyer's "grey customs clearance" requirement.
Exchange rate fluctuations into export "new wounds"
For Russia's accession to the WTO, another problem that has aroused concern among enterprises is the fluctuation of ruble exchange rate. Mr. Yan calculated the accounts to reporters: "Russia's currency ruble is currently on the decline. In 2008, 1 U.S. dollars can be exchanged for 25 roubles, and now it can be exchanged for 32.25 roubles. But in recent years, the RMB has appreciated against the US dollar. Therefore, the ruble has a significant depreciation of the RMB exchange rate, so that the profit margins of merchants have been reduced accordingly, thus directly affecting the export of Chinese merchants to Russia. Moreover, the Russian currency devaluation also directly led to the lack of payment credit for local "grey customs" buyers. "Because the exchange rate of the Russian currency is unstable, it is a good price today. When the goods are exported to Russia, there will be more exports and more losses due to exchange rate fluctuations." Mr. Yan said.
After entering the WTO, influenced by the exchange rate, the current export profit is reduced. Mr. Yan has no choice but to say: "the world financial crisis has led to the global economic depression. Foreigners are making less money and less money, and the profits earned by businessmen are also reduced accordingly. Take Russia as an example: the reduction of Russian consumption also directly affects the profit margins. Russians first borrow, then stay, then slowly return. How much money is spent, how much money is spent, and how much money is saved? Its natural and natural degree is certainly better than that of the Chinese people, but influenced by the economic crisis, their consumption ability has declined, which directly affects the profits of merchants. Therefore, if there is no economic crisis, the advantages and advantages of China will be more obvious after China's accession to the WTO.
For Russia's accession to the WTO, on the one hand, it has completely opened up a door to trade with Russia, and the trade environment and tariff services will be adjusted accordingly. However, the influence of foreign local protectionism has been far-reaching, whether it is the large independent brand Basic, or the ordinary merchants of ya Po Road. About "grey customs clearance", about exchange rate, about the whole trade system and trade environment, maybe change really needs a long and long process.
Expert opinion: Farewell to Russia's trade practice Era
Interview with Liu Huaqin, deputy director of the European Research Department of the Ministry of Commerce, international trade and Economic Cooperation Research Institute
Since Russia becomes a member of the WTO, whether the tariff reduction and the improvement of investment environment can bring new opportunities for development? This issue has become the focus of recent attention in the textile and garment industry. Recently, Liu Huaqin, deputy director of the European Research Department of the Ministry of Commerce and international trade and economic cooperation, was interviewed by reporters. She answered the above questions from three aspects of customs, investment and market opportunities.
Tariff reduction effect is lower than expected
According to the official tax reduction rules issued by Russia, the tariff of imported textiles has not changed. The main change of tax reduction is concentrated on clothing products. The average reduction of products from volume tax is around 2%. In fact, for Russia, the most important part of joining WTO is to allow other countries to reduce or even abolish tariffs on imports of Russian goods. This will help the Russian government to accelerate its goal of doubling its gross domestic product. At present, Russia imports more than 60% of its total imports from China, so we can see that the Russian government has not substantially cut import tariffs on textiles and clothing, and the effect of tariff reduction may not be as large as expected.
High labor cost will still affect investment.
Judging from the investment environment of the textile industry, the salary level of Russian textile and garment industry is generally higher than that of the domestic market. In the long run, such a situation is also difficult to change, so the labor force problem may be the biggest constraint on the investment of enterprises in Russia. For textile enterprises who are eager to invest in Russia, they should actively learn from the experience of the previous enterprises and establish contacts with the local government. Only in this way can enterprises obtain desirable investment returns.
Base on brand and seize market opportunity
I think that for large textile and garment export enterprises, we must establish a clear brand image in the Russian market, because in the Russian concept, the consumer concept of paying for the brand has been deeply rooted in the hearts of the people. Traditional traders must change their past business models, and they can no longer win the market like Cheel Guizo Wo's big container market. The Russians are now looking for suppliers according to their brands, which is quite different from the way they used to look for processing plants in the past. Traders must identify sales channels and develop new business opportunities by establishing brand outlets in Russia or participating in international exhibitions held locally.
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