Ministry Of Industry And Commerce: Textile Exports Continued To Improve In 1-4 2010.

Textiles and garments

Exports of US $53 billion 790 million, an increase of 15.5% over the same period, continued to accelerate, increasing by 0.3 percentage points over the 1-3 months (15.2%).

Among them, textile yarn, fabrics and products exports 21 billion 600 million yuan, an increase of 26.1%

Textile export

However, the international economic situation is still complex, especially the EU's sovereign debt crisis and fiscal tightening policy, which has dragged down the recovery of the EU and even the global economy.

Two, the unemployment rate in the US, Europe, Japan and other economies remained high. In April, the unemployment rate in the United States and Japan was 9.9% and 5%, respectively, rising by 0.2 and 0.1 percentage points respectively, while the euro area unemployment rate remained at a 10% high point.

Three, the appreciation of the renminbi is expected to gradually strengthen, further increasing the uncertainty of future orders.

Four, the cost of labor and raw materials continues to increase. On the one hand, the wages of workers have increased by 10%-30% over the past year. On the other hand, the cost of raw materials has risen rapidly, and the price of domestic grade 328 cotton has exceeded 17000 yuan / ton in May, which is more than 14% higher than that in January.