Customs Information Data Show That The Future Domestic Market Of Textile And Clothing Is Relatively Optimistic.

At the end of 2011, China entered the WTO 10th anniversary, the 10 years since China's reform and opening up.

With the development of China's export-oriented economy, the import and export enterprises are becoming more and more powerful. Information has attracted increasing attention, especially the value of customs information for macroeconomic research and enterprise management.

Recently, from

The growth rate of import and export in China shows a rational decline.

As the European debt crisis continues to spread and international market demand shrinks, the global economic situation presents a downturn. Global trade is facing severe challenges.

Affected by this, China's import and export growth slowed down in 2011.

According to the customs information network, China's import and export volume was 3 trillion and 600 billion US dollars in 2011, an increase of 22.5% over the same period last year, an increase of 12.3 percentage points over the previous year.

Among them, exports of 18986 billion US dollars and imports of US $1 trillion and 743 billion 470 million, respectively, increased by 20.3% and 24.9%, down 11% and 13.9% respectively from the previous year, reflecting the impact of slowing global economic recovery on China's foreign trade.

Export growth of textile industry is better and domestic demand growth is steady.

In 2011, the structural adjustment and industrial upgrading of the textile industry continued to advance and the situation of operation was generally stable.

According to the data from the customs information network, in 2011, the export of China's main commodities maintained a steady growth, of which the export of labour intensive products increased rapidly. Taking the textile and garment industry as an example, the total export volume of clothing and accessories in 2011 was 153 billion 220 million US dollars, an increase of 18.3% over the same period last year, and the total export volume of textile yarn fabrics and products was 94 billion 670 million US dollars, up 22.9% over the same period last year, higher than the overall growth rate.

However, due to the impact of the European debt crisis on the growth of external demand, the rise and fall of raw material prices, the tightening of financing environment, and the increase of domestic factors and labor costs, a series of factors have increased the pressure of the industry.

The growth rate of external production and marketing and investment efficiency has been slowing down, and the growth of internal efficiency has become more prominent.

According to other relevant data, in January last year, -11 retail sales increased by 23.9% over the same period last year, and the domestic sales value of textile enterprises above Designated Size reached 40101 billion yuan, an increase of 30.3% over the same period last year, 14.5 percentage points higher than that of the same period.

The share of domestic sales accounted for 82.9% of sales value, 1.8 percentage points higher than that of the same period last year.

According to the latest announcement by the General Administration of customs, according to customs statistics, in January this year, China's foreign trade exports amounted to 149 billion 940 million US dollars, a decrease of 0.5%, of which clothing exports were US $13 billion 840 million, an increase of 3.5%; textile exports were US $7 billion 680 million, a decrease of 6.8%; and footwear exports 4 billion 60 million US dollars, down by 1.3%.

Thus, textile and clothing as a basic necessities of life, also determines that foreign market demand will not shrink significantly.

There is no fundamental change in the fundamentals of our domestic demand market. With the gradual easing of inflation pressure, the domestic demand for textile and clothing is steadily expanding and will continue to be the primary support for the development of the textile industry.

Combined with the relatively strong demand for domestic sales market in 2011, we can say that the domestic market has a great pull on the textile and garment industry. 82% of the textile industry in China is targeted at the domestic market, so domestic sales in 2012 will still be the main driving force for the development of the textile industry.