The current situation of China’s textile exports is grim
China National Textile and Apparel Council spokesperson Sun Huaibin revealed on May 31 that due to the uncertainty of European sovereign debt, high unemployment rate in the EU and lack of fundamental motivation for consumption, demand growth will be weak for a long time; although the U.S. and Japanese consumer markets have trends There is a stable and good trend, but there are still many uncertainties, and external demand is generally difficult to exert a strong boost to the growth of the textile industry. It is expected that in 2012, if the price gap between domestic and foreign cotton prices does not narrow, the situation of China’s textile and apparel exports will continue to be severe.
Sun Huaibin emphasized that domestic demand is still the support of China’s textile industry. The income level of China’s urban and rural residents continues to improve, and domestic consumption is in a stage of continued expansion and upgrading. This macro fundamental has not changed fundamentally. Expanding domestic demand is still the basic starting point of China’s macroeconomic control policy this year. Therefore, it is expected that China’s domestic retail sales of clothing products The basic growth rate of 15% to 20% will still be achieved throughout the year. However, due to the slowdown in macroeconomic fundamentals, it is expected that the actual growth level of China’s domestic demand market in 2012 will be lower than that of the previous year.
Sun Huaibin further analyzed that the large price difference between domestic and foreign cotton prices was the primary factor affecting the operation of the textile industry in 2012. According to historical data calculations and reflections from textile enterprises, the price difference between domestic and foreign cotton is controlled within 1,500 yuan per ton, and the economic indicators of the textile industry are expected to reverse the downward trend. If the cotton price problem can be resolved as soon as possible, despite sluggish external demand and slowing domestic demand, China’s textile industry will still be able to rely on its own structural adjustment, transformation and upgrading to alleviate the problem of insufficient market demand.
In order to ensure that the textile industry continues to operate smoothly in the future, the China National Textile and Apparel Industry Federation recommends that the country promptly adjusts and introduces relevant policies to optimize the external environment for the development of the textile industry. At the same time, the textile industry itself should also accelerate transformation and upgrading, enhance international competitiveness, and further adapt to domestic changes in external markets.
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