2011 June | Classy Glass

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Exports of textiles and clothing is difficult to reverse the decline in short

They are based on domestic demand and ease pressure on exports to take time

General Administration of Customs released the latest data show that a total of textiles China in September and clothing exports 136.94 billion yuan, an increase of 8.12% in the last year, below the increase in domestic exports about 14.2 percent, up 8 consecutive months.

Although our effect from 1 August to improve the export of garments dress tax rate of return, but the good news did not realize 8.9 months clothing export growth, export growth is still a tendency to decline in exports of clothing from a different angle, the market downturn. Industry experts say that if the combination of the exchange rate, from June, China's textile and garment export has actually been negative growth.

Experts say the next 1 to 2 years, the textiles and clothing, winter will be "cool" down, and this trend is irreversible. Most of the textiles and categories Apparel

recent performance of listed companies a very grim warning. Zhejiang Hongda Warp Co., Ltd. will owner of the net profit attributable to parent company, compared to last year of decline below 50% below the revised 50% to 70%. Domestic production of the leading denim black peony The announcement said the company before the loss of net profit of 3 / 4. China Clothing notice a benefit September 1590 attributable to parent billion. Huafang shares before the company expects Q3 net profit down 50%. Journalist noted that the loss performance in every statement of the company, most analysts believe the market downturn, production and operation of the industry have faced enormous difficulties.

Experts said that the analysis of the listed company shows that the main application to the situation recent period, the situation is not optimistic market outlook.

Worse, the intensification of the crisis Financial has led to a significant slowdown in global economic growth, reduced external demand to economic growth of China's textile and very probably in the future will become negative. This means that export growth will not make contributions to the textile industry, and even delay the future development economy. "In fact, is already showing signs of the current situation, according to the first 8 years of monthly data estimated that the textile industry growth exports this year could be driving up the rate of -4.75%. "They said.

In particular, industry textiles and clothing, on orders from overseas customers, the final export production requires a cycle. This means that changes in external demand market ultimately reflected in the number of customs also take some time. Based on this, experts believe that the textile and clothing industry is now much less than the lower exports next year, or worse, and this bad situation, at least for 1 to 2 years. China Textile Association Du Chau industry appeal, hoping that the rate of export tax rebate to "return to the original 15%," and hope that the Government may strengthening social and public services to SMEs, including technology, information, logistics, training and support.

The industry that led to the growth rate of exports fell the most basic factor is the global economic crisis contraction in external demand, so settings even if China's trade policy can only help companies reduce losses and are unable to export the source to reverse the slide.

The basics of the foreign market demand conditions change, the development of the domestic market seems to be in the textile and companies in the clothing of the main roads. For the industry are generally based on the promise of domestic demand to alleviate the suffering of textile exports, experts believe that this effect can be achieved after 3 to 5 years and will never be anyone interested in next year. Meanwhile, as more companies were forced to switch to national exports, domestic demand will be increasingly fierce competition in the market.

About the Author

I am an expert from China Crafts Suppliers, usually analyzes all kind of industries situation, such as swarovski crystal belts , custom championship belts.