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Garment Exports Are Slowing But Still Competitive.

2008/11/13 11:27:00 23

Since the beginning of this year, China's textile and garment export growth has been slowing down due to factors such as slowing international demand, continued appreciation of the RMB against the US dollar, the rising cost of comprehensive factors, the increasing threshold of processing trade and the tight financing environment of enterprises.

In view of the obvious decline in the export growth of the textile industry, China has raised the export tax rebate rate of textiles and clothing for the two time in a row. First, the export rebate rate of textiles and clothing increased from 11% to 13% in August 1st, and then increased to 14% again from November 1st.

“雪中送炭，可以让纺服出口企业缓口气，但一下子摆脱出口困境不可能，需要时间。”为北京奥运会提供非织造布礼品袋的福建鑫华公司总裁粘伟诚表示，目前正是圣诞节采购期，按道理这应该是出口纺服企业最好的日子，但大家却普遍面临订单下滑局面。“明年第一季度出口企业会更痛苦。”粘伟诚说。

According to the latest statistics provided by China Textile Industry Association, in September of this year, China exported a total of 140 billion 285 million US dollars of textile and clothing, an increase of 8.03% over the same period last year, and the growth rate dropped by 12.14 percentage points over the same period last year.

If the export volume is converted into RMB income, the total export volume of textile and clothing in September decreased by 0.77% compared with the same period last year, down 16 percentage points from the same period last year.

Sun Huaibin, spokesman for the China Textile Industry Association, said that the export rebate rate increased by 3 percentage points in two times, making textile export enterprises lose about 8 billion yuan in the year. It can hedge a small part of the export market losses caused by weak international market demand and RMB appreciation this year.

But at present, the loss of the textile industry above the scale is over 20%. Most enterprises are facing serious difficulties. The tax rebate rate increased by 3 percentage points can alleviate the pressure of the survival of enterprises, but it is difficult to reverse the overall difficulties faced by the whole industry.

The director of the Ministry of foreign trade of the Ministry of Commerce said that under the current circumstances, in order to implement the spirit of the executive meeting of the State Council and maintain steady growth in exports of textile and other labor-intensive products, the business sector will further strengthen dialogue and communication with the countries concerned to ensure a smooth pition and create a favorable external environment for China's textile exports.

At the same time, the competent departments of commerce at all levels will continue to do well in service work, and guide enterprises to change their growth patterns and adjust their product mix.

"The vast majority of textile exporting enterprises should adapt themselves to the new situation as soon as possible, and arrange the export plan in an orderly way in 2009, so as to avoid blind expansion of production capacity, strive to improve the quality and added value of products, strive to create brand export products, and enhance the international competitiveness and anti risk ability of Chinese textiles."

The person in charge said.

Generally speaking, China's textile and clothing exports still have competitive advantages, and the weakening trend of international market demand will have a greater impact on textile exports in the first few months of this year. The growth pace of China's textile and clothing exports will continue to slow down, and the slowdown trend of exports to the major markets of the United States, the European Union and Japan can hardly be changed.

"Textile and garment enterprises must strive to tap new markets, export and domestic markets to walk on two legs."

Sun Huaibin said.

The head of the consumer goods industry department of the Ministry of industry and information technology said that from the current situation of the textile industry and the internal and external environment it faced, the growth rate of the fourth quarter industry will continue to fall, but it will still maintain a certain growth throughout the whole year.

Under the combined action of market adjustment mechanism and price adaptation, the overall situation of China's domestic textile and apparel market will be improved.