The Textile Industry Is Warming Up And The Downward Pressure Has Increased By 1.

Since 2010, the main indicators of China's textile industry have continued to rise year after year, with the combined effect of gradual improvement in the international market, strong demand for inventory refunds, continued prosperity of domestic demand market and lower base year. However, as the cost pressures of the textile industry continue to increase, the environmental factors at home and abroad are more complex. Down Pressure continues to increase.

Better support for domestic sales

Since 2010, the total retail sales of consumer goods in China has been steadily rising since last year, and has become a stabilizing factor in promoting China's economic recovery, and has continued to play an important supporting role in promoting the development of China's textile industry. From 1 to May 2010, China's clothing retail sales increased by 23.1% over the same period last year, which is 4.9 percentage points higher than that of the total retail sales of social consumer goods. Over the same period, China's textile enterprises above Designated Size realized 1 trillion and 347 billion 636 million yuan of domestic sales value, an increase of 29.80% over the same period last year, a 20.38 percentage point increase from the same period last year, while the proportion of domestic output value increased by nearly 2 percentage points over the same period last year.

　　 Exit Marked improvement Spin Faster than clothing

The export of textile industry showed a marked upward trend, thanks to the resumption of the international market, the increase in demand for replenishment of buyers, and the combined effect of some domestic enterprises in order to avoid the export losses arising from the appreciation of the renminbi. From 1 to May 2010, China's textile and clothing exports totaled US $72 billion 205 million, an increase of 19.52% over the same period last year, a 30.65 percentage point increase over the same period last year, a 3.76 percentage point increase from 1 to April this year. Among them, textile exports amounted to 30 billion 552 million yuan, an increase of 29.53% over the same period last year, and clothing exports amounted to $41 billion 653 million, an increase of 13.12% over the same period last year. Textile exports grew faster than clothing, and accounted for 3.26 percentage points of total textile and clothing exports compared with the same period last year. This shows that, on the one hand, the export price of some textile products has been improved due to the rising price of raw materials. On the other hand, it is also a rebound in the textile industry of neighboring competitors, and more efforts are being made to import relevant supporting products.

Production is growing faster but there are signs of slowdown.

From 1 to May 2010, the total output value of China's textile industry above 5.3 000 scale enterprises totaled 1 trillion and 686 billion 522 million yuan, an increase of 26.55% over the same period last year, and the growth rate increased by 21.34 percentage points over the same period last year. Vertical comparison, the growth rate is the highest level in the same period in recent years. However, in horizontal comparison, the growth rate of production in 1 to May decreased by 0.50, 0.43 and 0.14 percentage points from 1 to February, 1 to March and 1 to April respectively, showing a gradual slowdown in growth.

China in recent years Spin Industry production growth chart