Structural Adjustment Is Imminent When Textile And Garment Enterprises Encounter Difficulties.

Reporter from China

It is learned that in the three issue of the 111st Canton Fair, there are more than 4000 enterprises exhibiting and 9014 exhibitors in the textile and clothing hall, an increase of 354 compared with the previous one, of which 4518 special clothing and brand booths, an increase of 138 over the previous session.

The increase in the number of brand booths reflects not only the unremitting efforts made by China's textile and garment foreign trade enterprises in overcoming difficulties, but also actively developing new markets and new products.

The results are gradually emerging, and have injected new vitality for textile and garment enterprises.

In the unstable demand of international textile and garment market, the growth of China's textile and garment exports slowed down in 2011, and the share of the three markets in the European Union, the United States and Japan decreased by 1.4%, 1% and 2.2% respectively.

In the situation of traditional market demand, textile and garment enterprises aimed at new markets and achieved good results. In 2011, China's textile and clothing exports to ASEAN increased by 34.1%, exports to Africa increased by 25%, exports to Latin America increased by 38%, and exports to the Middle East increased by 27%.

ASEAN has become one of the main markets for China's textile and clothing exports.

At present, our country

Faced with some specific difficulties.

For example, the demand for international textile and garment market is not enhanced; the capacity of textile and garment industry in neighboring countries is expanding; domestic labor costs and production and operation costs are rising; the reform of exchange rate system is not suitable; the shortage of funds for small and medium enterprises; the expansion of textile and garment export risks and the complexity of trade.

The objective existence of these difficulties seriously disturbs the stability of China's textile and clothing export.

It is also because of these difficulties that the domestic textile and garment enterprises further ponder the importance of structural adjustment and put it into practice.

In recent years, China's textile and garment enterprises have been implementing the strategy of "going out" and "independent brand", taking active measures to explore new trade ways, establish sales network, improve independent research and development capabilities, expand the added value and technology content of products, and have produced a number of export products with high technology and independent brands, which are welcomed by the international market.

In the first quarter of 2012, the operation index of textile industry improved compared with the first two months, and the growth rate of main textile products accelerated.

In the first quarter, the added value of textile industry increased by 15% over the first quarter, an increase of 3% over the same period last year, and the export of textile and clothing was US $50 billion, up 3% over the same period last year.