The First Domestic Textile Bank In China Will Visit Nantong.

It is reported that next month, the first domestic textile bank in China will visit Nantong. The home textile bank will provide a comprehensive financial service for the small and micro enterprises in the home textile industry and industrial clusters. In 2011, many industries in China were hit hard by the increase of labor cost, raw material cost and the indifference of international trade market. The supply of financial resources of a large number of small and micro enterprises, including the textile and garment industry, was insufficient, and the business activities were seriously affected.

Nantong, as the main industry gathering place of the domestic textile industry, is also welcomed by the first domestic textile bank in China. In 2010-2011, only 7 enterprises in Haimen, Nantong, rank among the top 500 of China's textile and garment enterprises. According to the latest news, the 64 batches of cotton imported from Nantong port in January this year, weighing 19490.607 tons, increased by 33.3% compared with last year's batch, and the weight increased by 23.49%, creating a new high weight of imported cotton at Nantong port.

In the new year of 2012, whether the textile industry can withstand pressure and gain growth?

At present, the impact of the European debt crisis is still on, and the competitive pressure and trade frictions brought by weak external demand will become more prominent. Domestic demand is still steadily expanding, and the domestic demand market still has potential to tap.

For small and medium enterprises in textile industry, on the one hand, they should actively raise funds to resist the uncertainties of raw materials, employment and market environment, and uncontrollable prices of textile and garment enterprises. On the other hand, how to develop new products and technologies, cultivate core competitiveness and acquire long-term orders is also a must to practise "internal strength". At the same time, we should speed up the goal of transformation in the adjustment and upgrading of the textile and garment industry.