The Value of Export of China Textile and Apparel Industry Reach ＄206.5 billion in 2010

 

       According to the latest statistic of China General Administration of Customs, The value of export of China textile and apparel industry reach ＄206.5 billion in 2010, which is a historic new high , and increased 23.59% year on year, among which the exportation of textile is ＄77.051 billion, increased 28.44% year on year; The exportation of appeal and accessories is ＄129.478 billion, increased 20.88% year on year.

      In December, the value of export of China textile and apparel is ＄19.915 billion, and a mouth to mouth growth is 4.72%, among which, the exportation of textile is ＄7.372 billion, and a mouth to mouth growth is＄12.543 billion, and a mouth to mouth growth is 5.02%. 4.22%; The exportation of appeal and accessories is

      It is evaluated by China Textile Industry Association that the output value of large-scale enterprises in textile industry will exceed RME4000 billion, and the profit maybe exceed RMB200 billion.

      A analyst named Qianjin Wang said that the growth of exportation of China textile and apparel is stable continually since turn the tables of negative growth in 2010. If pricing in RME and taking rid of the exchange rate factor, the exportation of China textile has reach the highest growth level since the exchange reform.

      The main reasons of rapid growth of exportation of China textile industry are the gradual recovery of international market, the increasing need of purchaser, the adjustment of industry structure, and gradual promotion of industry.

      However, the industry will be influenced by some negative factors. Mr. Qianjin Wang said that the cost of human resource increased 20%-40% on average, and the cost of material increased 30%-100% on average;the RMB appreciated nearly 3% after the second exchange reform. The cost raised dramatically but the price raised hardly, and most foreign customers is difficult to accept raising price by 20%. Part of European and American purchasers start to reduce the amount purchased, and turn to Southeast Asia for low-end goods.

      Mr. Qianjin Wang also predicted that growth speed of exportation of China textile and apparel Industry will remain from 5% to 8%, the value of export will reach ＄250-280 billion in 2015. And, the increasing value will be one of important factors that stimulate the exportation of China textile industry.