The Trade War Between China And The United States Has Been Easing For A Month. How About Textile Foreign Trade Enterprises?

Remember the consensus reached by the heads of state of China and the United States in early December and stop the news of new tariffs.

In the Jiangsu and Zhejiang provinces where textile industry is concentrated, many textile enterprises have frequent trade contacts with the United States, and the trade war between China and the United States has been easing for nearly a month. What will be the impact on the textile industry?

With the passage of time, trade easing between China and the United States is playing a positive role.

From mid month, good news came from polyester factories and textile and garment enterprises.

In December 14th, a surprise came from the export orders: three polyester enterprises in Ningbo, Zhejiang, received a total of hundreds of millions of yuan of silk export orders, while a well-known textile enterprise in Jiangsu Nanjing received hundreds of millions of yuan of textile export orders, which has greatly boosted the textile market which has been sluggish before.

It has played a positive role in the recovery of orders under the easing of Sino US trade.

Polyester manufacturers and textile enterprises have received large orders in succession. Is the trade sheet of the entire textile market improved?

A head of US apparel traders in Suzhou, Jiangsu, said the tariff remained at 10%, making the export pressure to the US smaller.

The manager of a silk weaving mill in Wujiang also said that with the passage of time, Sino US trade has brought more American orders, and the previous orders were mainly small batch and multiple batches.

Some big bills have been received recently, factories are pressing for production and shipment, and the workers are also very busy.

Hundreds of millions of long silk, textile enterprises hundreds of millions of export orders, and many small and medium-sized enterprises have received some American orders, also shows that the export market is gradually improving.

Due to the constant friction between the Sino US trade war, a large number of us orders were pferred to Southeast Asia.

But for textile and garment fabrics, China has a strong voice. Now Shengze's market share in Southeast Asia is second only to Japan and South Korea. However, some of the fabric orders that we export to Southeast Asia are actually terminal customers still in the European and American markets. Now trade wars have been eased, and more and more American orders are beginning to flow back.

The head of a trading company also mentioned that although pshipment Southeast Asia could avoid the risk of tariff to the United States, the supply of local fabrics was relatively scarce than that of the Chinese market, and American customers were more willing to place orders in China.

Even if the two sides of China and the US are in a state of relaxation, they can not fully ensure that there will be no new trade frictions between China and the US.

In May this year, China and the United States had reached a ceasefire agreement on trade wars. However, less than 10 days after the signing of the agreement, the white house suddenly announced a 25% tariff on 50 billion dollars of Chinese goods, so that domestic netizens satirize Trump's "contract spirit" as "abandoning the contract spirit".

Therefore, we now think that the end of the trade war is obviously too optimistic.

A temporary truce may be just a break.

For textile enterprises, if the tariff is increased from 10% to 25%, the impact on enterprises will be even greater.

Maintain at 10%, let a lot of enterprises a little relieved.

The trade war is also an opportunity for the textile industry to coexist with opportunities and challenges. China's textile industry can pform domestic demand and tap new markets.

Spinning enterprises can improve product quality and product innovation, and expand sales.

Sino US trade weapons are uncertain and long-term. On the one hand, export textile enterprises should do a good job in market planning, not only need to vigorously encourage independent research and development of new fabrics, but also to further expand the textile industry chain.

Rationally develop the emerging markets along the "one belt and one road" country, reduce the risks brought by the decline in us orders; on the other hand, textile enterprises can upgrade the pformation and improve the added value and technology content of fabrics, so that the competitiveness of fabrics will no longer depend on price and quantity alone.

In the future, even if the influence of trade war deepens, it is not afraid of challenges to develop new markets and enhance their own strength.