Guangdong Textile And Garment Export Growth Slowed Month By Month

Customs

According to the statistics released in May 15th, the total value of Guangdong's foreign trade and import and export amounted to 1 trillion and 810 billion yuan in 1~4 months, down 3.5% from the same period last year, down 0.7 percentage points from the first quarter, and 7.3% in the same period, accounting for 24.2% of the total foreign trade value of the same period.

Among them, exports of 1 trillion and 110 billion yuan, an increase of 1.8%, the same period, the national growth of 1.8%, accounting for 26.4% of the total national exports; imports of 700 billion yuan, down 11%, the same period in the country dropped 17%, accounting for 21.3% of the country's total imports.

For export commodities, 1~4 textiles, Guangdong textiles,

Bags,

The 8 main labor-intensive products such as toys, furniture, plastic products and lamps and lanterns were exported to 218 billion 610 million yuan, accounting for 19.6%, the growth rate slowed down from month to month, 21.3% from the first 2 months, 10.4% from the first quarter, and the 1~4 month growth rate narrowed to 8.8%.

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News from Washington, D.C. - a new science and technology research fund will be used for sustainable textiles and clothing research because of the progress made in the new bill promoted by the two parties in the United States. Its purpose is to eliminate import tariffs on high-performance outdoor clothing.

The United States outdoor act will levy an import duty of 1.5% over the next 10 years to create a sustainable textile and garment research fund controlled by industry to develop environmental sustainability technology.

According to Senator KellyAyotte, the bill was first introduced 8 years ago. It will reduce or eliminate the outdated tariffs on casual wear and will import modern tariffs to protect outdoor clothing made in the United States.

The bill will create a new taxonomy in the United States Tariff reconciliation schedule (theU.S.HarmonisedTariffSchedule), which is designed to highlight the leisure function jacket and eliminate or reduce the taxable rates for these new taxages.

KristineMarvin, vice president and chief consultant of Timberland, said: "simply speaking, these tariffs on casual functional clothing are outdated and unnecessary, because the market has changed.

This bill will lead to a reduction in clothing consumption prices for consumers enjoying outdoor hours, such as the outdoor water proof jackets sold by Timberland over the past few years.

In addition, the fund is used for research and development of sustainable textiles and materials.

Ayotte, one of the members of the Senate Commerce Committee, said: "the economy of New Hampshire depends on the outdoor leisure industry, which creates us $4 billion 200 million in annual consumption expenditure in our state.

This legislation will reduce the cost of outdoor sports enthusiasts and sales of outdoor casual clothing enterprises, so as to ensure that they can continue to flourish and create employment opportunities.

The board of directors is set up by the industry representatives to supervise the distribution of the Sustainable Textile Clothing Research Fund.

Senator KellyAyotte said the legislation was supported by the American Apparel and Footwear Association (AAFA), EasternMountainSports, KamikBoots, NEMOEquipment, NewBalance and the United States Outdoor Industry Association (OIA).