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Zhejiang Index Economy Adds New Wings, Haining Releases China'S First Warp Knitting Index

2008/10/17 11:44:00 31

Haining Ma Qiao, a famous Chinese warp knitting town.

After more than ten years of leading Chinese warp knitting, China's first warp knitting index "Ma Qiao warp knitted product price index system" was born on the 13 th of this month.

This is another heavyweight index released by Yiwu's county and city after the "China small commodities index" in Keqiao, the "China textile index" in Keqiao and the "China plastic price index" in Zhejiang.

Shen Shunnian, President of the China Knitting Industry Association warp knitting Association, said that the publication of the index laid the status of Ma Qiao in the warp knitting industry and is expected to play a role as a weathervane for the price and development trend of the warp knitting market.

The birth of the index first benefited more than 300 enterprises in Haining warp knitting industrial park.

"Due to asymmetric information, buyers will always lower prices.

In the bottom of my mind, the product that can sell 25 yuan is often sold at around 20 yuan.

A warp knitting enterprise official said, "now the warp knitting index reflects the supply and marketing price of warp knitting products intuitively and timely, which helps us to strive for pricing power."

The total amount of Ma Bridge warp knitting has accounted for about 20% of the whole industry, and the change of its price to a certain extent is increasingly affecting the price of the warp knitted products throughout the country.

"Domestic warp knitting SMEs lack of market information and vicious competition among enterprises. The introduction of this price guidance system enables the warp knitting enterprises to have a practical" market thermometer "and help enterprises adjust their product structure and grades in time.

Fan Haixiong, deputy director of the Haining warp knitting industrial park office, said.

The Ma Bridge warp knitting index will undoubtedly enhance the agglomeration degree of Haining's warp knitting industry and stabilize its leading position in the industry.

Also in Haining, another industry index, the Haining leather index, is also in the pipeline and will soon become a big wave in the domestic leather industry.

A county-level city has two industry economic indices, which are rare in China.

"There is no doubt that this is a sign of the county's economic development.

But whether the industry index can play a role depends on the local industrial base and market occupancy rate. "

Chen Zifang, Professor of Zhejiang provincial Party School Regional Economic Research Institute, said.

Shi Zhendong, deputy mayor of Haining, said warp knitting and leather are the two pillar industries in Haining. The release of the index is a sign that Haining is relatively mature in the development of the two industries.

The index will also give Haining some right to speak in these two economic fields.

In Zhejiang, this competition for market price, Yiwu, Yuyao and Shaoxing three places, with the ability of "affecting the price of domestic market paction", have already launched the price index of their own special industries, and play a certain role in guiding the healthy development of the massive economy.

Shi Zhendong said that Haining's warp knitting index and the upcoming leather index must be collected and analyzed scientifically, so as to accurately pfer the economic advantages of Haining's two industries to the whole country and lead the development of the industry.

"Mature market index, domestic and even international industry will have a sense of trust, and help shape regional economic brand.

It will also speed up the agglomeration of industrial elements and promote the pfer of industries to the region.

Chen Zifang said.

"Industrial pfer has made the massive economy bigger, but it still needs innovation and industrial upgrading behind the index".