Home / Knowledge / News / Textiles / China's textile export situation to remain grim
China's textile export situation to remain grim
06
Aug '12
The value of textile and apparel exports from China rose by 1.3 percent year-on-year and 1.9 percent year-on-year, respectively, in the first six months of the current year, according to the data released by the Monitor and Coordinating Bureau under China Ministry of Industry and Information Technology.
 
The growth rates are much lower compared to a 9.2 percent growth recorded by China’s overall exports during the same six-month period.
 
Wang Tiankai, President of China Textile Industry Association, on a visit to Jiangsu province, said the gap between growth of China’s textile and national exports is widening and the textile export situation is likely to remain grim.
 
The pressure on Chinese textiles is from the difference in the price between domestic and imported cotton. The price gap is continuing to weaken international competitiveness of China's textile industry, he said.
 
The increase in price gap is owing to poor demand in international market. International cotton prices have been decreasing from September 2011 onwards.
 
In addition to the difference in prices of domestic and foreign cotton, the continuing shift of processing orders from China to neighbouring countries is also further weakening the competitive advantage of China's textiles, said Wang Tiankai.
 

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Suresh Patel
Sidwin Fabric

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Igor Chapurin
Chapurin

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search