Textile Economics Operational Analysis Meeting: Production and Marketing of the Textile Industry Connect Well

Textile Economics Operational Analysis Meeting: Production and Marketing of the Textile Industry Connect Well

On October 27, 2010, the China National Textile and Apparel Council convened a textile and economic analysis meeting for the first three quarters of 2010. Leaders of the association, heads of various industry associations, heads of various functional departments of the association, and related personnel attended the conference. At the meeting, analysts from the Ministry of Industry and Statistics Center of the China National Textile and Apparel Industry Association introduced the basic conditions of the textile industry in the first three quarters of 2010, analyzed the factors affecting the operation of the textile industry, and conducted economic trends in the textile industry in China. Forecast and outlook.

It is reported that in the first three quarters of 2010, China's textile industry has stabilized and rebounded, its development has gradually improved, and its corporate profitability has gradually increased. The industry has a good connection between production and sales, but the industrial chain has poor performance in conducting to the terminal. The output value, output and domestic sales growth rate showed a “V” type recovery; investment steadily increased; domestic sales continued to grow; market consumer confidence gradually increased; industry profit growth gradually increased. The export environment was relatively good. The total export volume gradually recovered, and the export performance to the United States and Europe was gratifying. The export growth to developing economies was significantly faster than that to the developed economies.

Sun Huaibin, director of the Industry Department of China Textile Industry Association, said in the economic development of the textile industry in the first three quarters this year that the situation is more complicated. Internationally, although the international economic environment has improved compared to 2009, the impact of the financial crisis on the industry has not been eliminated. The unemployment rate in major developed countries remains high, the consumer market has not fundamentally improved, and consumer credit support is still weak. In addition to the "currency war" that has been hotly debated in the recent period, various factors have made China's textile industry still face greater risks. In China, the macroeconomic situation in China has slowed down in 2010. Raw material prices soared, the pace of appreciation of the renminbi accelerated, and the central bank announced that the rate hike and other factors will play a restrictive role in the development of the textile industry.

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