"National Eight Rules" Is Expected To Promote The Positive Development Of Clothing Trade

According to the foreign trade situation in August announced by the General Administration of Customs, China's total import and export value in August increased only 0.2% year on year (year-on-year). Among them, exports reached 177.98 billion US dollars, up 2.7% year on year; Imports reached US $151.31 billion, down 2.6% year on year; The trade surplus was 26.67 billion US dollars. After the data in August was released, according to the external analysis, the decline of imports means the decline of domestic demand. In addition, since most of China's imported goods are used as raw materials for exporting finished products, the decline in imports may indicate that exports will be more weak in the coming months, which is very difficult. It is understood that since this year, China's import and export data have fluctuated greatly in a single month. Since the beginning of the year, the foreign trade data has always been low, rebounded in May and June, returned to the historical low in July, and the import and export of foreign trade in August tended to zero growth. Industry insiders said that the import and export data of this year's single month fluctuated greatly, and the data of August became an important window to study and judge the trend of foreign trade throughout the year.

　　 spin clothing The data of is not optimistic. From June to August, textile and clothing exports fell for three consecutive months. The decline in August was 3.4%, although the decline was slightly slower than that in July, it still dragged the cumulative export decline in the previous eight months to 0.7%. Over the same period, imports maintained a relatively rapid growth, with a growth rate of nearly 10% in the current month, which led to a year-on-year decline of 4.5% in the trade surplus of the current month, and the decline in the accumulated surplus expanded to 1.5%.

In the face of a severe situation in the country's foreign trade exports, textiles and clothing are particularly affected. The trade volume and export volume of textiles and clothing all declined. Textile production enterprises suffered massive losses and even went bankrupt. According to the data of the National Bureau of Statistics, textile and clothing imports increased by 7.7% and 16.2% respectively in August. textile Mainly driven by the cotton yarn in the yarn, the cotton yarn import volume in the month exceeded 150000 tons, reaching the highest level in the year (up to August), with the import volume and value increasing by 114.5% and 81.3% respectively; The import volume and value of knitted and woven garments increased by 31% and 17.6% respectively. From January to August, the import of textiles and clothing increased by 4.5% and 17.5% respectively, of which the import volume and value of cotton yarn increased by 75.9% and 21% respectively, and the import volume and value of needle woven clothing increased by 10.5% and 17.3% respectively.

EU imports from China declined significantly. According to EU customs statistics, from January to July, the EU imported US $67.1 billion of textiles and clothing from the world, down 13.8%. Among them, textiles and clothing decreased by 16.4% and 12.9% respectively.

The market share of US and Chinese products rose slightly. According to US customs statistics, from January to July, US textile and clothing imports totaled US $62.38 billion, up 1.3%, of which textiles increased by 4.5% and clothing increased by 0.4%. Imports of textiles and clothing from China increased by 2.8%, exceeding the average. The share of Chinese products in the US market was 37.2%, up 0.5 percentage points over the same period last year, but still 2.1 percentage points lower than the overall level of last year. The proportion of US imports from ASEAN rose slowly to 19%, while imports from ASEAN only grew 1.8% year on year, lower than that of China.

Japanese orders accelerated transfer. According to Japanese customs statistics, from January to July, Japan's textile and clothing imports totaled US $23.19 billion, an increase of 4.7%, of which textiles increased by 0.8%, clothing Increase by 6%. Imports from China reached US $16.58 billion, up 1.8%. The share of Chinese products in the Japanese market dropped to 71.5%, 2.1 percentage points lower than the same period last year, of which clothing accounted for 75.8%, a rapid decline of 3.3 percentage points lower than the same period last year. From January to July, Japan's textile and clothing imports from ASEAN grew rapidly, reaching 20.1%, and ASEAN's market share in Japan rose to 14%, 1.8 percentage points higher than the same period last year. Among them, imports from Vietnam and Indonesia grew the fastest, with growth rates exceeding 20%.

In the face of the severe foreign trade environment, in order to support the development of foreign trade, the State Council issued and passed the Several Opinions on Promoting the Stable Growth of Foreign Trade, which identified eight policy measures, including accelerating the progress of export tax rebate and improving the level of trade facilitation. Further reduce the statutory inspection and quarantine catalogue, and exempt the entry and exit inspection and quarantine fees for all statutory inspection and quarantine objects in the fourth quarter of 2012. The relevant national measures will give enterprises the most effective financial support to help them reduce their burden and overcome difficulties.

After the promulgation of the "National Eight Rules" in September, various detailed rules have been published in succession, and many foreign trade enterprises have already enjoyed substantial preferential policies.

For example, before October 1, the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China (AQSIQ) announced to the public the specific measures and relevant requirements for exemption of the legal entry and exit inspection and quarantine fees in the fourth quarter of 2012 through the official website. According to the data released on October 10, this policy benefited 5902 import and export enterprises during the long holiday, with a free amount of 54.492 million yuan.

Support for imports has also been significantly strengthened. According to the data released by the Ministry of Finance, in order to encourage the import of advanced technical equipment, important raw materials, key parts and components, the central finance recently allocated 2.5 billion yuan of import discount funds in 2012, an increase of 25% over the previous year.

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