人民币升值对我国纺织品服装出口的影响 外文文献1Word下载.docx
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外文题目:
Tradeliberalizationandpatternsofstrategic
adjustmentintheUStextilesandclothingindustry
译文题目:
美国纺织品和服装产业的贸易自由化和战略调整模式
系:
经济系专业班级:
国际经济与贸易0893
姓名:
武智学号:
2008945088
论文题目:
人民币升值对我国纺织品服装出口的影响
指导老师:
杨杰职称:
讲师
Tradeliberalizationandpatternsofstrategic
adjustmentintheUStextilesandclothingindustry
BelaySeyoum
U.S.A.
TheoverallenvironmentfacingtheUSTCindustrywillbeoneofrapidlychangingmarketconditionsandtechnologicalinnovation.Withthephaseoutofquotasandgrowingnumberoftradeagreements,theUSTCindustryisbeingexposedtointensecompetitioninexportanddomesticmarkets.Thisislikelytoleaddomesticindustries/labortodemandinterventionbynationalgovernmentstomitigatetheadverseimpactoftradeliberalization.
Chineseleadershaveexpressedstrongoppositiontooutsidepressureontheircurrencypolicy,callingitaformofprotectionismandinterferenceinChina’sdomesticeconomicpolicy,andsomehaveevenquestionedwhetherthecurrencyisundervaluedatall.However,onJune19,2010,theChinesecentralbank,thePeople’sBankofChina(PBC)statedthat,basedoncurrenteconomicconditions,ithaddecidedto“proceedfurtherwithreformoftheRMBexchangerateregimeandtoenhancetheRMBexchangerateflexibility.”Itruledoutanylargeone-timerevaluations,stating“itisimportanttoavoidanysharpandmassivefluctuationsoftheRMBexchangerate,”inpartsothatChinesecorporationscouldmoreeasilyadjust(suchasthroughupgrading)toanappreciationofthecurrency.ManyobserverscontendthetimingoftheRMBannouncementwasintendedinparttopreventChina’scurrencypolicyfrombeingacentralfocusoftheG-20summitinTorontofromJune26-27,2010.
OnJune22,2010,theRMBappreciatedby0.43%againstthedollar(to6.80yuan)overthepreviousday,which,atthetime,wasthelargestdailyrisesincereformswereimplementedinJuly2005.However,onthefollowingday(June23)itdepreciatedto6.81yuan.AsindicatedinFigure3,theyuan’sexchangeratewiththedollarhasgoneupanddownoverthepastfewmonths,butoverall,ithasappreciatedby1.9%throughOctober1,2010,withmostofthatappreciationoccurringinSeptember.3SomeanalystscontendthattheappreciationofthecurrencyinSeptember2010hashadmoretodowithChineseconcernsoverpossiblecongressionalactiononthecurrencythaneconomicconsiderations.
Inspiteofthesubstantialjoblosses,theUSTCindustryremainstechnologicallyadvancedpartlyduetoincreasedproductivityresultingfromadvancesintechnologyanddesigncapabilities.Textileproductioniscapitalintensiveandmoderntechnologyisessentialtomeettheincreasingforhigh-qualityproducts.Overthelastfewyears,UStextilesandapparelfirmshavesubstantiallyincreasedtheirinvestmenttomaintainmodernmanufacturingfacilitiesaswellasimproveproductionandmarketingcapabilitiesinordertomaximizetheirinherentadvantagestomarketproximity.Inapparel,lowskillproductionjobshavemovedtolow-costlocationsoffshorewhilethemoreskilledoneshavebeenretained.Tosuccessfullyadapttothenewenvironment,USTCindustriesneedtocapitalizeontheirsourcesofcompetitiveadvantage.Theyneedtodevelopamoreflexibleoperationalarrangement,meethighstandardsinproductinnovationandgenerallydevelopamorechange-seekingbusinessculture(Kilduff,2005).
AnimportantsurvivaltoolforUSTCfirmsistoexpandtheirpotentialmarketbyofferingnewproductdesignsandproductcategories.Manufacturersmusttrytobringasteadystreamofproductstomarketthatareinlinewiththetaste,preferencesoftheconsumer.Theycanalsoexpandtheirmarketpotentialbyofferingnewproductcategories.TwoofthefastestgrowingapparelsegmentsintheUS,forexample,havebeenthewomen’splusandmen’sbigandtallsegments(Driscoll,2004).Plus-sizeapparelmarketingwasestimatedat$47billionin2005accountingfor20%oftotalapparelmarket.Itisimportanttoidentifythefirm’stargetcustomersandassesswhetherthefirmissuccessfullyaddressingtheirneeds.
USTCfirmsshouldtargetanarrowsegmentofthemarketthatprovidesthebestopportunityforsuccess.Intextiles,thefocusshouldbeonafewspecializedsegmentssuchascarpets,nonwovensandtechnicaltextiles.Similarly,apparelproducersshouldincreasetheirfocusoncoreproducts,reduceverticalintegrationtoshedoverheadcosts,andestablishallianceswithotherfirmstoconsolidateresourcesandincreasemarketshare.
Finally,inviewofrisingincomesandhighgrowthratesinmanydevelopingcountriessuchasChina,Brazil,andIndia,therearepotentialexportmarketopportunitiesforUStextileandapparelproducts.USexportinterestsmaybeservedbyseekingimprovedaccesstotheretaildistributionsystemsofdevelopingcountries.UStextilefirmsshouldalsobeabletouseMexicotoexporttotheEuropeanUnionandothercountries,takingadvantageoftheMexico-EUtradeagreement.SincetheconclusionofNAFTA,anumberofAsianandEuropeanfirmshaveproducedcertainproductsinMexicoinordertoexporttotheUSmarket.
Thispapersuggestsademandpullmodelasabasisfordevelopinganetworkstructureintheclothingindustry.Inademandpullmodel,consumerdemandisthedriverofsalesunlikethesupplypushmodelwherebythemanufacturerpushesgoodstotheretailerregardlessofconsumerdemand.
Retailcompanieshavebecomepowerfulduetotheirsufficientcapitalandmarketingexpertisetobuildloyaltyamongconsumers.Theyaretheleadfirminviewoftheircentralroleintheorganizationalnetwork.Theleadclothingretailerintegratesindustrialcapabilitiessuchassourcingoftextiles,design,productbrandinganditsrelationswithconsumersenablesittokeepabreastoffashionconsumptiontrends.
Theleadfirmconveysitsrequirementstothesechangingtrends(changesinstyle,materialrequirements)toitssuppliersorsubcontractors(Table7).Italsoprovidesassistancewiththepurchasingofcapitalequipmentandtechnologynecessarytoproduceapparelinaccordancewithmarketdemand.Thefragmentedwebsofsuppliersandsubcontractorsareboundtogetherthroughinformationtechnology,onlinedatasharing,jointproductdevelopment,andcollaborativeforecasting,planningandreplenishmentactivities.Retailerswillholdlessinventoryasshipmentsbecomesmallerandmorefrequentsincepointofsaledataisdirectlytransmittedtothemanufacturer/supplierwhowillproduceandshipgarmentsasitisneeded.Thismodelshowstheroleoftheretailerasanintermediaryintegratingthefunctionsofdesign,textilesourcing,brandingandasfacilitatorofapparelproductionthroughawebofsuppliers/subcontractors.Suchrestructuringthroughtechnologicalimprovementsandinformationtechnologyisonemeansofsucceedinginanincreasinglycompetitiveenvironment.Thehorizontallystructured,massproductionmethodsnolongerensurefuturecompetitiveness.
Thelion’sshareofthebenefitsfromquotaeliminationisexpectedtoaccruetoChina.Itslowlaborcost,highproductivity,rangeandflexibilityofservicesaswellasefficientsuppliernetworkswillmakeChinathesupplierofchoice.About87%ofapparelexecutivesthatparticipatedinacottonsourcingsummitinMiamiinFebruary2004,agreedthatChinawillsoonaccountfor50–90%ofallapparelsoldintheUSmarket(NationalLaborCommittee,2004).Thismeansrationalizationofproductionandamassiveconsolidationofvendors.OtherwinnersarelikelytoincludeIndiaandPakistaninnarrowsegmentsoftheTCindustry.TheeliminationofquotasisalsolikelytoleadtolowerpricesforconsumersinviewoftheabsenceofquotacostswhichisoftenasignificantpartofthecostofTCsoldintheUSmarket.Well-knownbrandsmaystillholdmarketvaluesincetheyarenotsubjecttoretailpricedeflation.ItisimportantforTCfirmstoevaluatetheirinternalcapabilitiessuchassourcing,manufacturing,logistics,transportationetc.inordertodevelopanactionplanforthepost-quotaworld.
ExportersfromLatinAmerica,AfricaandtheCaribbeanarelikelytolosemarketsharetoChinasincetheylargelycompeteonprice(notquality)andlackthecapabilitytoproducehighvalueaddedproducts.Evenwiththeintroductionofsafeguardsonarangeofproductsthatareofexportinteresttothesecountries,theirUSmarketsharehasdeclinedsincethephaseoutofquotas.Withthecompleteremovalofquotasin2008,itisdifficultforthesecountriestocompeteonprice.SincetheUSgovernmentliftedquotasin2002on29categories,forexample,China’smarketshare(inthesecategories)jumpedfromjust9%(2002)to65%(2003)whilepricespaidbyUSretailers(forapparelfromChina)droppedby48%(NationalLaborCommittee,2004).Incottondressinggowns(quotasremoved)China’ssharein2003jumpedfrom25%to39%whilethatofCaribbeancountriesfellfrom13%toamere3%.Inthefirst12monthsafterthephaseoutofquotas,China’smarketshareinapparelroseby59%invaluewhilethatofmanyCentralandSouthAmericancountriesshowedasharpdecline.
WhataretheimplicationsforTCfirmsincountriesthatarevulnerabletocompetitionfromChina?
First,theyshouldcapitalizeontheirproximitytotheUSmarket.Theirabilitytoofferlowertransportcost,lowerleadtimesaswellasdutyfreeentrytotheUSmarketmayattractthefashion-orientedsegmentoftheUSindustry.Thiswilldependonaccesstogoodlocaltransportinfrastructuretogetgoodstomarketaswellasadvancedtelecommunicationssystemstolinksuppliersandcustomers.Localfirmsandg