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Himfr.com reports Exports of textile and garment enterprises to reduce

Date Published: 29th September 2009
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January to July, China's textile and apparel exports of 89.2 billion U.S. dollars, down around 11% drop compared with 1 to 6 months of 10.9% further expanded. Decline in exports of apparel and clothing accessories of the expansion of the overall textile exports down. July single-month decline in exports of apparel and clothing accessories of up to 12.3% in the second half, the industry exports about 10% decline may be repeated fluctuations.

But the textile industry's gross industrial output, fixed asset investment growth has continued for 4 months recovery.
National Bureau of Statistics data show that 1 to 6 months, textile enterprises above designated size industrial output value increased by 6.44%, since March has been sustained rebound in the first four months of growth; the textile industry for more than 5 million yuan in fixed assets investment projects, total completed an investment of 134.779 billion yuan, an increase of 6.35%, is also the fourth consecutive month growth rate picked up.


China Textile Industry Association reports that "in 2009 1-6 months, above-scale enterprises in the export delivery value fell by 8.18% over the whole range of small-caliber export growth fell 2.7 percentage points." This shows that the above-scale enterprises export situation is better than small enterprises.

Experts point out that orders from all over the situation of each enterprise can be found in various industrial chain links business orders is different. SMEs are also more likely than large enterprises received orders; inside than outside the single-single; a smaller single-single; prices are low, and short goods.

At present the textile industry, "recovery" depends on the increase within a single support, external demand is still weak. Since late last year early this year, orders for Europe and the United States dropped sharply in March around Europe and the United States market, some customers have experienced a wave focused on the needs of replenishment, but these small replenishment orders, acute single-majority, failed to support the export of continued to improve.


Overall, the textile and garment exports were unlikely to be said to have hit bottom. The competitiveness of Chinese textiles is mainly reflected in market share, according to "plan to revitalize the textile industry to adjust", the next step to stabilize the major market share, the reality is China's textiles in the U.S. market share increased by 3 to 4 percentage points.
According to the U.S. Office of Textiles and Apparel recently announced the preliminary statistics, in 2009 the U.S. textile and apparel imports from January to July fell 9.4%, to slow down. Among them, textile and apparel imports from China decline continued to slow down, to -0.04%.

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Tags: percentage points, s gross, fixed assets, replenishment, united states market, bureau of statistics
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