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 28th Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Igor Chapurin
Chapurin

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X