Domestic Domestic Market Is Not Optimistic. Textile And Garment Industry Is Still Hard To Pick Up.
According to the latest data of the General Administration of Customs (P), the total export volume of China's foreign trade in February 2013 was 139 billion 369 million US dollars, up 21.8% over the same period last year. In February, domestic textile exports amounted to US $5 billion 890 million, an increase of 38.08% over the same period last year. The export volume of domestic clothing products was 10 billion 590 million US dollars, an increase of 94.36% over the same period last year, and the increase in textile and clothing exports was far higher than the total export volume. < /p >
< p > industry insiders pointed out that with the continuous improvement of domestic export trade, the performance of textile and apparel companies with relatively large export volume will be improved. At the same time, the rebound of export market will also ease the competitive pressure of the domestic market, and domestic textile companies will also benefit from it. < /p >
< p > however, the domestic market in the first two months of this year is not optimistic. Data show that in 2013 1-2 months, the sales volume of 100 large shopping malls in the country was 46 billion 300 million yuan, up 6% from the same period last year, lower than the market expectations. "In fact, the pressure of rising labor costs and raw material costs still exist, leading to the fact that the enthusiasm of clothing enterprises is not high enough." Insiders pointed out that with the sale of seasonal clothing in March, the domestic sales situation is expected to improve. However, in the context of weak economic recovery, clothing terminal sales in the next 1 months are still in the process of going out of stock. < /p >
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