The Latest Information Express In The International Textile Industry (7.24)

< p > < strong > Pakistan cotton planting area is lower than expected this year < /strong > < /p >

< p > according to Pakistan's < a href= "http://www.91se91.com/news/index_c.asp > > cotton Committee < /a > (PCCC) news, Pakistan Cotton City downturn, the cotton final planting area this year is lower than expected about 5%, and slightly lower than the same period last year.

Among them, the expected planting area in Punjab is 6 million acres, actually sowing 5 million 780 thousand acres (576.6 Wan Yingmu in the same period last year); Sindh province is expected to grow 1 million 606 thousand acres and sow 1 million 421 thousand acres (1 million 444 thousand acres last year).

< /p >

< p > in March this year, the federal government of Pakistan has set the target of cotton production in the 2013~2014 fiscal year (from July 2013 to June 2014) to 14 million 100 thousand packs, which is about 6% higher than the expected output of cotton in the 13 million 300 thousand package of fiscal year 2012~2013.

It is estimated that the cotton planting area will reach 8 million acres in the 2013~2014 fiscal year, higher than the 7 million acres in the current fiscal year.

Although supply of irrigation water and fertilizers and insecticides will be adequate in cotton planting season, due to insufficient supply of qualified cotton seeds, the goal of achieving cotton production is impeded.

< /p >

< p > < strong > India relaxing foreign investment restrictions to stimulate economy < /strong > /p >

Since P this year, India's economy has slowed down, inflation has been serious and its current account deficit is high.

In response to the economic slowdown, the Indian government relaxed the foreign investment cap in various fields in July 16th, simplifying the examination and approval procedures, so as to increase the opening up of the market and strive to attract foreign investment and save the economic downturn.

< /p >

P > the reform of foreign policy on foreign capital involves key industries such as telecommunications, insurance, oil, natural gas and national defense.

One is to raise the upper limit of foreign investment.

The proportion of foreign direct investment in telecommunications has increased from 74% to 100%, and the insurance industry has increased to 49%; foreign investment restrictions have also been relaxed to 49% in refining, commodity trading, energy trading, stock trading, and securities companies.

Two, we should reduce investment approval and expand the scope of "automatic entry into force".

For example, the limit of foreign direct investment in the field of oil and natural gas is still 49%, but it must be approved by the Foreign Investment Promotion Council for automatic entry into force. In the field of single brand retailing, all foreign investment must be approved by the foreign investment promotion agency. Now it is replaced by the investment ratio of less than 49%, and more than 49% of the foreign investment promotion is approved again.

< /p >

< p > < strong > Vietnam < /strong > a target= "_blank" href= "http://www.91se91.com/" > strong > textile > /strong > < /a > < > > exports in the first half of the year increased by 14.5%.

< p > according to Vietnam Textile Group, in the first half of 2013, a href= "http://www.91se91.com/news/" > Vietnam Textile < /a > exports amounted to US $8 billion 900 million, an increase of 14.5% over the same period last year. Vietnam's exports to the US, EU, Japan and South Korea have maintained steady growth, reflecting the international competitiveness of Vietnam's textile industry.

< /p >

In the first half of this year, the United States remained the largest export market for Vietnamese textiles, with exports amounting to US $3 billion 940 million in the first half, up 12% from the same period last year, accounting for 44.8% of Vietnam's total textile exports, and Vietnam's exports to the EU market reached us $1 billion 290 million in the first half of this year, up 18% over the same period last year.

It is worth noting that in the EU market, besides maintaining exports to the developed countries, Vietnamese textiles have also expanded exports to developing countries.

< /p >

In terms of exports to Japan, Vietnam's textile exports to Japan amounted to US $1 billion 100 million in the first half of this year, accounting for 12.5% of the total textile exports, up 24.5% over the same period last year.

South Korea is the fourth largest market for textile exports in Vietnam, with exports to US $660 million in the first half.

Vietnam Textile Group expects that the total export volume of textiles will reach US $19 billion 500 million this year.

< /p >

< p > < strong > < a > href= > http://www.91se91.com > > Thailand textile > /a > share in the international market is still low. < /strong > /p >

< p > the director of the Industrial Economic Office of the Ministry of industry of Thailand said recently that Thailand's a href= "http://www.91se91.com" > textile industry < /a > is facing many problems, such as increasing labor costs, lack of labor force, and slowing growth in the US and EU markets.

Due to the above reasons, the total export volume of Thailand's textile industry decreased from 3 billion 500 million US dollars in 2011 to US $2 billion 950 million in 2012, while the export volume of textile industry in May May dropped by 4.7%.

In the international market, the market share of Thailand's textile products is still at a low level.

In the US market, the share of Thailand's textile products is 1.42%, while China's textile products account for 38.11%, Vietnam accounts for 9.02%, Indonesia accounts for 6.36%, and Kampuchea accounts for 3.27%.

In the EU market, Thailand's textile products account for 0.67%, while Vietnam accounts for 1.82% and Kampuchea accounts for 1.37%.

< /p >

< p > because the domestic production is facing many unfavorable factors, some Thailand textile industries choose to invest abroad, but the director of Thailand industrial economic office still suggests that Thailand enterprises invest in Thailand and attach importance to enhancing the added value of products.

Improvements in labour skills and infrastructure are also needed.

< /p >

< p > < /p >.