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China's Textile And Garment Exports Slowed Down Last Year.

2009/2/12 0:00:00 30

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According to customs statistics, China in 2008

Export textile and clothing

(including textile yarn, fabrics and products, clothing and accessories) $185 billion 100 million, an increase of 8.2% over the previous year, an increase of 10.7 percentage points over the previous year.

Among them, in February and June respectively

negative growth

In the month of December, our country

Export textile and clothing

16 billion 60 million US dollars, an increase of 10.1%.

Due to the low demand of the international consumer market, the export of China's textile and clothing products was blocked in 2008, and even negative growth occurred in the first half of the year.

About 2/3 of the whole industry was once at a loss or at a loss.

Tight funds

Product backlog and other issues are more serious.

According to the development of major industries in 2008 released by the NDRC in February 3rd, the textile industry increased by 10.3% in 2008 compared with 2007, an increase of 6.2 percentage points year-on-year, and an export delivery value of 777 billion 900 million yuan, an increase of 4.7%, down 9.5 percentage points.

1~11 months, the textile industry realized a total profit of 102 billion 600 million yuan, down 0.7% compared to the same period last year.

Among them, the textile industry profits 67 billion 500 million yuan, an increase of 9.3%; the clothing industry profits 31 billion 700 million yuan, an increase of 13%; the chemical fiber industry profits 3 billion 400 million yuan, down 74.9%.

These data reflect the difficulties encountered by the textile industry.

2008

financial crisis

The spread of unemployment, the rapid increase in the number of unemployed people, the decline in the growth of residents' income, and the decline in the ability to consume, resulting in the majority of textile enterprises facing the international market more and more difficult to receive orders.

With the acceleration of RMB appreciation, export pressure has also increased sharply.

Next is the rising cost of production.

Since 2007, the cost of textile raw materials, logistics, labor and so on has begun to rise rapidly.

A series of factors such as the implementation of the labor contract law, the import of cotton and so on have also been constantly affecting the coastal textile production enterprises.

In order to ensure the healthy development of the textile industry, since the second half of 2008, the state has repeatedly promulgated policies. After two increases, the export tax rebate rate of some textiles and clothing has been raised to 14%. After that, ten measures to expand domestic demand and six measures to promote the development of light textile industry have been put forward, thus inhibiting the development of the textile industry.

Textile and clothing export

Keep going down.

Following the EU's abolition of textile quotas in early 2008, the Sino US textile agreement has expired at the end of 2008. Since January 1, 2009, the United States has no quota restrictions on Chinese textiles.

stay

Export rebate rate up

The difficulties of textile and garment enterprises' exports have been alleviated by the fact that interest rates have declined, the exchange rate of the renminbi is basically flat against the US dollar, and the cost of raw materials has declined.

Editor: vivi