Textile Exports Slowed In The Second Half Of This Year.
China Textile Industry Association predicts that in the second half of 2011, the total export volume of China's textile industry will be further slowed down, but the domestic demand market will remain stable overall growth.
According to the China Textile Industry Association, the whole world in the second half of 2011
Economic recovery
There is still a lack of new growth momentum. The growth model for expanding money supply and increasing government support to stimulate demand is lack of sustainability. The improvement of employment in developed economies is still slow, so the recovery of market demand is lack of fundamental motivation.
From the perspective of the situation in China, the implementation of monetary policy in China will shift from emphasizing the effectiveness of restraining inflation to stabilizing the economic growth in the second half of the year, which is affected by the decline of industries and the slowdown of economic growth. The orientation of monetary policy will be finely adjusted to "relative tightening and directional easing".
Therefore, most of the profitability of textile SMEs at this stage is not optimistic, and the overall financing environment is still tense.
China's domestic demand market will remain stable overall. The annual growth rate of clothing retail sales will still exceed 20%, but the growth rate will be slower than that of the previous year under the influence of high prices and the overall economic downturn.
China's development and Reform Commission released a report recently that although the domestic demand market is still expected to continue to achieve steady growth, it is expected that the growth rate of the main economic indicators of the textile industry will further slow down in the second half of this year.
As raw material prices fluctuate sharply and labor costs rise rapidly,
RMB
Continuous appreciation, slow growth of market demand, coupled with tight money and other factors, small micro textile and garment enterprises have been greatly impacted, and the situation facing the industry is grim.
Industry experts remind China in the second half of the year
Textile enterprises
It is necessary to strengthen risk control and enhance adaptability so as to maintain stable and healthy development of the whole industry.
- Related reading
- Man | 2008591312
- Man | 200859134
- Man | 2008591247
- Man | Two Billion Eight Million Five Hundred And Ninety-One Thousand Two Hundred And Forty
- Man | Two Billion Eight Million Five Hundred And Ninety-One Thousand Two Hundred And Thirty-Two
- Man | 2008591221
- Man | Two Billion Eight Million Five Hundred And Ninety-One Thousand Two Hundred And Fourteen
- Man | Two Hundred Million Eight Hundred And Fifty-Nine Thousand One Hundred And Twenty-One
- Man | Two Billion Eight Million Five Hundred And Ninety-One Thousand One Hundred And Fifty-Five
- Man | Two Billion Eight Million Five Hundred And Ninety-One Thousand One Hundred And Forty-Eight
- Textile Exports: Wider Open Road
- 20 Years Development Of Sports Shoes: Inspiration From Technology Competition
- The Drop In Cotton Prices Has Also Worried Clothing Manufacturers.
- Autumn And Winter Fabric Market Or Scrape "Black Whirlwind"
- Norway Outdoor Brand "SUCCPARD" Is Coming To The 2011 Asia Outdoor Exhibition
- Eight Principles Of Web Based Entrepreneurship
- Commodity Price Entanglement And Market Opportunism Catharsis
- Security System
- Undergraduate 200 Yuan Potted Plant To Start &Nbsp; 90 Years Into 100 Thousand
- Employee Attendance System