Textile And Clothing Exports Soars In January 2011

According to the latest data released by the General Administration of customs, in January 2011, China's textile and apparel exports totaled 21 billion 618 million US dollars, an increase of 38.58% over the same period last year, and the growth rate was 14.99 percentage points higher than that of 23.59% in 2010.

The industry believes that this shows that the external market has a relatively stable demand for Chinese textiles and clothing, and the overall recovery of the external market is ideal.

Wang Qian, chief analyst of China's first textile network, said that the textile and garment exports began to maintain rapid growth in the 2011, which is mainly affected by many factors: first, the global economic recovery is beyond expectations, and the demand for replenishment is strong; two, the textile industry has accumulated obvious competitive advantages over the years; three, the low base effect caused by the sharp decline in exports last year; four, the bargaining power of enterprises has improved, and the unit price of exports has all risen.

Despite the good start of the export situation, the polarization of domestic textile and garment enterprises will intensify in 2011.

The results of the first textile network released earlier showed that many of them were larger.

It is understood that at present, the number of small and medium-sized enterprises in China's textile industry is the main body. Over 95% of the enterprises are producing low-end OEM products. Under the background of industrial restructuring, the polarization of export enterprises is intensifying. The industry will probably play a big shuffle of "strong Heng Qiang and weak ones", and the resources of production will accelerate to large enterprises.

For the export situation in 2011, the industry is expected to benefit from