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Forecast: China'S Textile And Garment Exports Will Slow Down In The Third Quarter.

2010/7/20 9:36:00 51

Core tip: for the future Chinese textile exports can not be too optimistic, the textile industry.

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Growth will fall in the three quarter of this year.

There are three reasons: first, the driving force of market demand is not sustainable, and it is still a major hidden trouble affecting the steady growth of textile industry exports.

The latest economic survey data show that the pace of expansion of manufacturing in Asia, Europe and the United States is slowing down, and the momentum of global economic recovery is showing signs of gradual extinction.

China's textile and apparel exports grew rapidly in the first half of this year, but the growth rate is expected to fall in the three quarter.

Former June China

Textile and clothing

The total export volume of US $88 billion 878 million (121 billion 700 million new yuan) increased by 22% over the same period last year.

According to the latest data from the General Administration of Customs of China, the export of textiles and clothing increased by 32% in the first half of this year, while the export of garments and accessories increased by about 16%.

The industry also reminded us that China's textile exports should not be too optimistic in the future. The export growth rate of textile industry will fall back in the three quarter of this year.

There are three reasons: first, the driving force of market demand is not sustainable, and it is still a major hidden trouble affecting the steady growth of textile industry exports.

Secondly,

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The price of raw materials is rising, and Chinese textile enterprises are forced to raise the unit price. But once the unit price is raised, the export volume is bound to be affected.

With the first batch of replenishment in European and American markets in 5 and June, orders for Chinese textile enterprises are decreasing.