In the second half of China's textile and garment export pressure and power co-exist

Summary: China's textile industry, decreasing trend of total exports so far this year before the total amount of the export of Chinese textile clothing may fell 2.3% year on year, but its a drop from last year and have narrowed since early this year.

So far China's textile industry, decreasing trend of total exports in May this year before the Chinese textile clothing exports fell 2.3% year on year, but its a drop from last year and have narrowed since early this year. The industry is expected, the second half of this year China's textile export pressure increased, but there are still a power support.

The 4th learned from the China textile industry association, in China's textile industry exports sustained negative growth of the main cause is a decline in China's textile export prices. Before the export of Chinese textile clothing prices fell 4% in April, but at the same time China cotton textile fabric by inside and outside the influence of the gap, improve competitiveness, this also for the narrowing of China's textile exports.

Analysis of the personage inside course of study thinks, since this year the world economic recovery is slow, the external demand picks up momentum is still inadequate, the export of Chinese textile industry prospects and therefore have a lot of uncertainty. And since the second quarter of this year the yuan continue to depreciate, the Chinese state reserve cotton deals, depreciation and cotton prices stabilized, the influence of such factors as the second half of China's textile exorts is expected to benefit from it.

In addition it is important to note that the European economy as a whole in recent years, China's textile clothing exports to the eu's decline is obvious, in May this year before the Chinese textile clothing to the eu exports fell by nearly 4%. And active in recent years because of Sino-British economic and trade relations, the Chinese textile clothing export proportion rising over Britain, Britain is one of the biggest Chinese textile clothing in the eu market, is also a relatively stable market. Although in May this year before China textile clothing exports to the eu as a whole to drop, but for the UK remains about 3% growth. But Britain "take off the" after the referendum, the market unstable factors increased, these or will affect China's textile clothing exports to Britain and the European Union.