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Textile And Garment Exports Hit A New High In July

2011/8/11 18:33:00 37

Textile And Garment Exports In July

China's textile and garment exports in July Amount of money Another month's new high. According to data released by the General Administration of Customs on 10, in July this year, China's textile and apparel exports were US $25 billion 996 million, an increase of 25% over the same period last year, an increase of 13.53% over the previous month. Among them, exports of textiles amounted to 8 billion 703 million US dollars, an increase of 4.11% over the same period, and exports of garments and accessories reached US $17 billion 293 million, an increase of 18.95% over the same period.


In fact, since the beginning of this year, China's textile and garment exports have been growing at a high speed. Apart from the low base effect of the same period last year, some people in the industry said that the export volume of China's spun garments was pushed up. increase As the price of the main engine increases and the domestic production cost increases substantially, the export price is increased. If the price and the appreciation factor of RMB are removed, the growth rate of the export volume that truly reflects the export status of the textile and garment industry is not optimistic.


For the second half of the export situation, the industry is of the view that Exit Growth will gradually slow down. First textile network analyst Wang Qian said earlier that considering the world economic situation, demand changes in major economies, exchange rate fluctuations and domestic investment and consumption situation, under the huge foreign trade base of China, the export market space will continue to expand to the "ceiling" effect. It is estimated that the textile export growth rate will drop to around 15% this year, and the price increase will become the main driving force for export growth.


 

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