Home / Knowledge / News / Exports in May register growth over April
Exports in May register growth over April
Jun '09
A report released recently by the China Federation of Logistics and Purchasing shows that China's new export order index in May rose one percentage point from the previous month, to more than 50 percent, indicating that contraction of exports has slowed down. The index is a sub-item of manufacturing Purchasing Managers Index (PMI).

The Federation surveyed 700 enterprises to conclude the analysis. The Purchasing Managers Index (PMI) for the manufacturing sector, in reaching more than 50 percent means that, orders received in May, by more than half of the surveyed enterprises improved from the previous month.

Therefore the overall situation of exports in May indicates that it was better than in April, although May exports are likely show a decline year-on-year. It is learned that the industries that received better export orders in May were garments, shoes and hats, chemical fiber, non-ferrous metals, machinery and electronics, rubber and tobacco.

However, orders for the textile industry fell from the previous month and in addition, there was no big improvement in iron and steel (ferrous metal smelting, etc.) industries. At present, refund rate of textile and apparel exports has reached 16 percent, just 1 percentage point from 17 percent of the full export rebate rate.

Industry people say that higher rebate rate has very little meaning, if there are no orders or smaller orders. Statistics released earlier show that China's exports in April fell 22.6 percent. However, according to the analysis of the Customs, exports in April grew 6.9 percent from the previous month based on average working days.

The State Council held an executive meeting on May 27, putting forward six policy measures to further stabilize external demand, including: improve insurance policy of export credit; improve export tax policy to further address financing difficulties of foreign trade enterprises.

Other than the above were; reducing burden on foreign trade enterprises; improve policy for processing trade and support enterprises in various ownership types to go out into overseas markets, in order to stimulate exports.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search