The situation of the hottest textile industry is m

2022-08-07
  • Detail

The "cold winter" of the textile industry has just reached the second half of the year, and the situation is even more severe.

the China US textile agreement will expire at the end of this year. However, even Americans now believe that it is very unlikely that China's textile and clothing exports to the United States will repeat the "blowout" when the quota was cancelled in 2005. Since most of 2008 has passed, the average utilization rate of the 21 textile and clothing quotas set by the United States against China is only 42.7% (as of September 8)

this year, the US market demand weakened, and factors such as RMB appreciation, rising labor and raw material costs were combined to install and correct Jinan testing machine, pushing China's textile and garment foreign trade into an unexpected "cold winter"

in the first half of the year, the national export of clothing and clothing accessories only increased by 3.4%, a sharp drop of 18.3% compared with the same period last year. In particular, in Guangdong, China's largest textile and clothing export province, thousands of clothing enterprises withdrew from the export market because they could not bear the sudden change of export environment, and the clothing export volume fell by 31.3% in the first half of the year

in view of the poor export situation, the state has recalled the export tax rebate of textiles and clothing from 11% to 13% since August 1 this year. The industry expects him to take advantage of this good news to get out of the "cold winter" as soon as possible. However, from the current data, the "winter of cold timing on measurement system" is just the beginning, and the situation may be more severe in the second half of the year

the data released by the Customs on September 10 showed that from January to August this year, China's exports of clothing and clothing accessories reached US $75.03 billion, an increase of only 2.6%, a sharp drop of 19.7 percentage points compared with last year; Textile yarn, fabrics and products reached US $43.92 billion, an increase of 22.4%. In August, China's textile and clothing exports totaled 18.592 billion US dollars, a decrease of nearly 100million US dollars compared with the previous month

both the peak export season and the increase in the tax rebate rate are reducing pressure for enterprises, but the industry has not reversed the downturn at all. Zhusujun, assistant to the president of Ningbo Shanshan (600884, Guba) Co., Ltd., said that August is usually the peak period for the processing of domestic and foreign trade orders of clothing. As usual, he has racked his brains on the scheduling of production due to too many orders. This year, this worry is no longer present because of the bleak foreign trade orders

recently, some changes have taken place in several major factors affecting exports. The US dollar has strengthened, the appreciation of RMB against the US dollar has slowed down, and the international oil and raw material prices have dropped. On the surface, the export situation seems to be improving. This is not necessarily the case. According to the latest report on China's manufacturing industry released by CLSA, the purchasing managers' index (PMI) in August was 49.2, lower than 53.3 in July. This is the first contraction of the manufacturing industry index since november2005. New export orders also shrank for the first time in 21 months

according to zhoushijian, executive director of the China Society of international trade, since the second quarter of this year, the US dollar has been stronger against the euro and the Japanese yen. Researchers from Masdar Institute of science and technology in Abu Dhabi have just submitted a compelling 3D printing patent application, and the RMB has also strengthened against the euro and the Japanese yen. This does not mean that the US economy has improved, but that the economies of the EU and Japan have declined due to the US subprime mortgage crisis, The situation is worse than in the United States. In the first half of this year, the export of textile and clothing was still not satisfactory driven by the EU and other markets. It is expected that China's exports to Europe, the United States and Japan will fall in the second half of this year. In order to prevent a large number of labor-intensive textile and garment enterprises from going bankrupt, the government must increase its support for small and medium-sized enterprises. At present, it is far from enough to increase the export tax rebate rate alone

Copyright © 2011 JIN SHI