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    The Domestic Demand Market Will Become An Important Support For The Development Of China'S Textile Industry.

    2011/7/27 14:40:00 29

    Domestic Textile Industry Support

    China Textile Industrial Association The Statistics Center predicted 26 days that the overall growth of China's textile industry will continue to slow down in the second half of this year. The slow downward trend of China's textile exports will continue, and the domestic demand market will become an important support for the development of the textile industry. The prominent problem of China's textile industry is the cost pressure and the tight financial environment.


    People from the Statistics Center of the China Textile Industry Association pointed out that since this year, the political turmoil in some parts of the world and natural disasters in some parts of the world have led to an increase in Global trade risk. In addition, the European debt crisis is coming to a close, and the problem of high fiscal deficits in the United States has become an unfavorable factor that has dragged down the progress of the world economic recovery. It is expected that the global economy will continue to recover, but the pace will slow down. international market Demand will slow down. Under the condition of tight international competition environment, the trend of China's textile exports going down slowly will continue.


    In China's domestic market, the domestic demand market will maintain a steady growth trend and become an important support for the development of the textile industry. However, due to the inhibition of inflation and other factors, China's domestic residents will have a certain degree of influence on the consumption capacity of textiles and clothing.


    Industry experts remind that from the internal environment, cost pressures and financial environment are the outstanding problems China's textile industry needs to face. Despite the rapid downward adjustment of cotton prices in recent years, the market has wait-and-see sentiment, and the industry chain is hindrance. The profitability of the industry continues to improve. The pressure of tight financial environment will continue to increase in the second half of this year and will continue to improve. Textile industry The cost of financing restraining investment demand.

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