Changes in the textiles commerce to go in the critical time span of development

China Textile Industry Association Du Yuzhou in “2009 China’s natural fiber Forum”, said the swift expansion through the years has led to modifications in China’s textile industry to enter the bulk essential expansion time span, the textile industry by the existing worldwide economic calamity, the impact of expanded, national textile Industry appearance a series of encouraging policies will leisurely appear.

According to Du, the textile commerce has conceived more than 2000 output of 10,000 occupations, of which 80% of migrant employees, and the annual use of about nine million tons of household natural fiber, engaging 100 million ranchers of their livelihood. At present, 20% of the textile developed yield for trade items, the percentage of general trade come to 72%, trade snare trade in items trade items accounting for 60% of snare exports.

Du Yuzhou pointed out that, as a higher degree of internationalization of the industry, the textile industry of China’s current international financial crisis hit hard, industry production, efficiency, exports and employment are the problem.

1,2 months of this year, the national textile industry enterprises above designated size industrial output fell 0.27 percent year-on-year growth rate fell 16.28 percent year-on-year; profit reached 8.1 percent year-on-year decline, a loss of 25% of enterprises; national textile and garment exports 22.451 billion U.S. dollars involved, decreased 14.78% year-on-year; more severe employment situation, only the number of large-scale business enterprises by the end of May last year on the reduction of 690,000 people. The size of the following enterprises are facing more severe situation.

About the Author:

Comments are closed.