China Textile Import and Export Chamber of Commerce on January 13 revealed that in December 2016, the negative pull in the garment, the Chinese textile and apparel exports fell again, and the larger the decline. In RMB terms, exports fell 6.7% year on year, of which exports of textiles rose 0.1%, while clothing exports fell 10.6%.
The latest statistics show that China's total exports of textiles and garments in the year 2016 fell 1.7% year-on-year decline, including textile exports grew 1.9%, clothing exports fell 3.9%.
According to the analysis, China's textile and apparel exports in 2016 the main reasons for the decline include the following aspects:
First, the main export market economic recovery is slow, weak external demand, foreign trade increased pressure;
Second, the external environment is unstable, the impact of export uncertainties increased;
Third, textile production costs continue to increase, the traditional advantages of further weakening;
Fourth, the transfer of industries and products leading to China's textile and apparel products in the main market share gradually narrowing;
Lastly, the prices of export commodities fell by a large margin.
Industry experts pointed out that the current external situation facing China's textile industry is still complex, uncertainties in the development of the industry is still more. Increasing pressure on resources and environment, rising costs of production factors and increasingly complex patterns of international trade, these are the steady growth of China's textile industry constitutes a certain pressure. But at the same time, China's textile industry's huge production capacity and export scale, complete production system and industry support for the development of the industry provides an important support. "Along the way all the way" to promote the building, but also for the textile industry to develop the international market and stabilize market share to create favorable conditions.
(From China News Network）
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