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    Textile Export Pressure Increases In Autumn Canton Fair

    2011/11/3 10:12:00 9

    Textile Export Pressure Increases In Autumn Canton Fair

    The Autumn Fair is coming to an end. The third phase of this year's exhibition is mainly textile.

    Clothing category

    The footwear industry, footwear, office, bags and leisure products, medicine and health care, food products, reporters learned that during the visit, as the macro environment has not improved as a whole, the RMB exchange rate has gone up.

    pressure

    The general pressure of export enterprises is relatively large.


      



     


    Although the data have not yet been released, but from the crowd and the general feelings of enterprises, it reveals a "chill".

    At the Forum on textile brand and innovation held yesterday at the Canton Fair, Vice Minister of Commerce Fu Ziying said that China's exports

    textile

    The problem also lies in the lack of innovative design capability, the proportion of independent brands accounted for less than ten percent of exports, and the lack of high value-added products.

    "In recent years, because of the rising cost of labor and raw materials, the appreciation of the renminbi has weakened the price advantage.

    Now we need to strengthen R & D design and pform it into internal productivity. "


    The existence of these problems also poses challenges to China's manufacturing.

    Da Aif Sen, chairman of the International Fashion Federation, revealed that the two major purchasing trends of fashion brands in Europe and the United States are: first, the production of many national brands has moved from low cost areas to their own country, and production efficiency has become more important than price advantage; two, Chinese suppliers have begun to develop local markets, invest in local brands, and strengthen cooperation between foreign brands and local brands.


    Exhibitors at the Guangzhou Trade Fair expressed the hope that the policy will be stable so as to create a good business environment for enterprises.

    A exhibitor who has participated in the 20 year Canton Fair in Shanghai told reporters that the change of exchange rate and the reduction of orders are a macro environmental problem. "Policy guidance and more changes make it easy for enterprises to persist in making brands."

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    China Cotton Association Cut Cotton Production Forecast To 7 Million 280 Thousand Tons.

    The monthly report on cotton situation released by China Cotton Association in November 1st (October 31, 2011) estimated that the total output of cotton in China was 7 million 280 thousand tons, a decrease of 100 thousand tons compared with that in August, an increase of 9.3% over the previous year.

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