Jiaxing Textile And Garment Enterprises Have Picked Up &Nbsp; &Nbsp; The Environment Is Still Not Optimistic.
Textile and clothing are traditional in Jiaxing. Exit Large household accounts for 40% of the city's total exports, due to external demand. market Resurgence, textile and garment industry has stabilized and picked up this year. Taking textiles as an example, Jiaxing's foreign trade enterprises exported from 1 to September this year. Spin Products 1 billion 841 million US dollars, an increase of 32.9% over the same period.
Zhang Xingfang, deputy director of the Municipal Bureau of foreign trade and economic cooperation, said that although the major economies in the world are slowly recovering, Economics The foundation for warming up is not solid. RMB appreciation pressure, inflation expectations and unemployment rate remain high. The big environment does not support the industry's substantial rebound. In the fourth quarter, the fluctuation of raw material prices and exchange rate will be the main reason for the future market.
How does the textile and garment industry respond to this round of market quotation? Zhang said that in addition to improving the quality of its products, it should also hedge through the participation of foreign exchange futures and cotton commodity futures, so as to cope with the risks brought by exchange rate and raw material price fluctuations, and try to get through the intermediate links, set up marketing windows outside the country, and do business with the terminal businesses directly. Take Haining as an example, a number of enterprises, including Xin Shi Xin Weaving Co., Ltd. have set up 6 marketing windows overseas, which help to reduce foreign trade risks and increase profits.
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