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    Wenzhou'S Textile And Garment Exports Increased By 4.76% In The 08 Year Of August.

    2008/9/22 0:00:00 10255

    Wenzhou

    In August 2008, Wenzhou exported 189 million US dollars of textile and clothing, an increase of 4.76% compared with the same period last year, a decrease of 10.46%. From 1 to August, exports of textiles and clothing increased by 6.59% over the same period last year. According to China News Service reported on September 22nd, Wenzhou customs statistics show that in 2008 of 1-8 months, Wenzhou's export of textile and clothing (including textile yarn fabrics and products, clothing and accessories) increased by 6.59% over the same period in 07 years. Among them, in August 2008, Wenzhou exported textiles and clothing 189 million US dollars, an increase of 4.76%, a decrease of 10.46%. According to the analysis, the export of textiles and clothing in Wenzhou is restricted by the rising labor costs, the appreciation of the renminbi, the lack of product bargaining power, and the continuous improvement of technical barriers to trade standards. Therefore, the impact of the adjustment of export tax rebate policy on Wenzhou's textile and clothing exports needs to be further observed. The customs recommends that enterprises should encourage enterprises to speed up the structural adjustment of export products, increase the added value of products, enhance the competitiveness of export products, and enhance the pricing power of products. Two, we should promote enterprises to further expand market development, reduce excessive dependence on major export markets, and reduce market risks; three, pay close attention to new unfavorable factors, strengthen export monitoring and early warning, and minimize trade frictions as far as possible.
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