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Competition In The International Textile Market In China Is Very Fierce This Year

2013/11/13 16:56:00 1

TextileBrandClothing

In the first 10 months of 2013, China spin product clothing The overall export showed a rapid growth trend, with a cumulative export of 233.56 billion US dollars, an increase of 10% year on year, exceeding the overall growth level of foreign trade in China. Among them, textile exports reached US $87.76 billion, an increase of about 10%; Clothing exports reached US $145.8 billion, an increase of about 12%.


Reporters learned from the China Textile Import and Export Chamber of Commerce on the 12th that in October this year, China's textile and clothing exports achieved steady growth. In that month, China's textile and clothing exports reached US $24.09 billion, up about 6% year on year. Among them, textile exports reached US $8.57 billion, up 6.4%; Garment exports reached 15.52 billion US dollars, an increase of about 6%. The growth rate was basically the same as that of last month.


At the same time, industry experts also warned that China's textile industry is facing higher and higher trade barriers. In the first half of this year, the growth rate of China's textile and clothing exports slowed down by 3.7 percentage points compared with the first quarter of this year. Among them, the "green" trade barriers, which mainly focus on quality, safety and environmental protection technology, are the main reasons to prevent China's exports of related products.


In addition, although the export environment faced by China's textile industry this year will not change dramatically, the overall recovery of developed economies is still slow, the sluggish growth of foreign demand will not change significantly, and the competition in the international textile market is still fierce. Finally, the trend of RMB appreciation has also put pressure on the further growth of China's textile exports.

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