China'S Textile And Garment Exports Grew Negatively.

The growth rate was negative year-on-year.

Insiders pointed out that at home and abroad

The growth of textile and clothing in January 09

The main factor is that although the State Council has formally passed the revitalization plan for textile industry,

The time for demand recovery is not yet clear. Export oriented domestic textile industry is difficult to reverse in the short term.

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Among them, clothing and clothing accessories exported 10 billion 507 million US dollars in January, the growth rate was only 5.7% compared with the same period last year, compared with 08 years, a sharp drop of 16.6 percentage points. Textile yarns, fabrics and products were very difficult, and exported 4 billion 724 million US dollars in January, down 12.3 percentage points compared with the same period last year.

Export growth continued to decline for 08 years, even worse.

China's Manufacturing Purchasing Managers' index (PMI) in January 09 has picked up for two consecutive months. But according to the industry, a number of indicators in the textile industry are among the lowest in 20 industries. The new orders index, the new export orders index and the production index in January are all below 20%, while the purchasing index is below 30%.

The declining trend of production and sales has not stopped. The industry can not see the dawn of reversing the downturn in the short term. It only waits for the gradual recovery of the global real economy and the survival of the fittest.

It is expected that the first quarter or the first half of 09 years will become a low level in the industry, and the fourth quarter is expected to gradually stabilize.

Because

For Europe, the United States, Japan and other countries, consumer demand has been further suppressed. It is estimated that in the 09 years, orders for Chinese clothing in Europe and the United States will probably drop by more than 20%. Orders from other countries and emerging markets will also decrease in varying degrees. The negative growth of garment exports in 09 years is a foregone conclusion, and the customs data further confirm the above views in 09 January.

The most critical factor in exports is the decline in demand in Europe and the United States.

Before the European and American economies can be stabilized, the most important role of the RMB depreciation, the increase of export rebate rate or the support of funds is to maintain business and protect employment temporarily.

Domestic policy adjustment can not change the downward trend of exports, can not reverse the operational difficulties of export enterprises, and is difficult to promote the efficiency of import and export listed companies.

Of which, exports of US $90 billion 454 million, an increase of -17.5%; imports of US $51 billion 344 million, an increase of -43.1%; the import and export "double decline" is also the third consecutive month of decline in China's imports and exports, with a cumulative trade surplus of US $39 billion 109 million.

Southwest Securities and finance researcher Fu Lichun said that the overall export situation in 09 years is still not optimistic, but the latter half of the year, especially in the four quarter, is expected to gradually pick up.